Success of Recruitment Campaign Reflects Growing Interest in Military Careers The Hungarian Defense Forces welcomed around 4,000 new soldiers in 2023, announced Defense Minister Kristóf Szalay-Bobrovniczky. "The efforts made during... 2024.01.02.
Positive Changes for Green Energy Production and Storage from 2024 Green energy is the future of the Hungarian economy, and therefore several measures and support options will promote the increased... 2024.01.02.
The Ministry of Economic Development Will Operate under a New Name In line with Prime Minister Viktor Orbán's decision, the Ministry of Economic Development will continue its activities under a new... 2024.01.02.
From Modest to Carefree: Calculating Hungary’s Living Expenses In the latest quarterly poverty survey of the Equilibrium Institute (Egyensúly Intézet), a net monthly income of HUF 250,000 (EUR... 2024.01.02.
Toll Changes Expanding to New Motorways and Counties in 2024 According to a new decree issued by the Ministry of Construction and Transport on December 5, a total of 230... 2024.01.02.
Teachers Set to Receive Salary Increase from January 2024 From January, the average salary of teachers is expected to rise by 32.2 percent, according to a new video posted... 2023.12.29.
Outgoing President of the Fiscal Council Describes 2023 as a Weak Year Adjusting this year's deficit target to 5.2 percent was inevitable, and it is possible that the budget deficit will end... 2023.12.28.
Fuel Prices to Increase for the Last Time This Year before January Price Hike Fuel prices are changing, with petrol rising by HUF 8 gross and diesel by HUF 6 gross from Friday. Due... 2023.12.28.
Hungarian Economy Forecasts Growth in 2024 In a recent statement, László Parragh, President of the Hungarian Chamber of Commerce and Industry (MKIK), expressed optimism about the... 2023.12.27.
Defense Forces Enter the Digital World with Well-Trained Soldiers The Hungarian Defense Forces have entered the digital world with well-prepared soldiers, said General Gábor Böröndi, Chief of the Defense... 2023.12.27.
BYD, World’s Top Electric Car Manufacturer to Build European Factory in Szeged "China's BYD, the world's largest electric car manufacturer (by volume), is to build its first European factory in Szeged. This... 2023.12.22.
Over HUF 30 Million in Support of Innovation Projects under a Grant Scheme The National Research, Development, and Innovation Office (NKFIH) has successfully closed the call for proposals entitled Support for Innovation Projects... 2023.12.22.
Main Entrance of Budapest Nyugati Station Back to Its Former Glory The reconstruction of Budapest Nyugati Station (Western Railway Station) has reached another spectacular point. Thanks to the works carried out... 2023.12.22.
Milestone in the Defense Industry: First Armored Vehicle Produced in Zalaegerszeg The first Lynx KF41A, manufactured in Zalaegerszeg (western Hungary), has rolled off the assembly line, announced German manufacturer Rheinmetall. The... 2023.12.22.
Hungarian Oil and Gas PLC Initiates Gas Production in Kazakhstan’s Rozhkovsky Field MOL (Hungarian Oil and Gas PLC), as part of the international joint venture Ural Oil and Gas LLP., has started... 2023.12.22.
Rheinmetall to Produce Air Defense System for the Hungarian Lynx German group Rheinmetall has received a contract worth EUR 30 million from Hungary for the production of its Skyranger 30... 2023.12.21.
Schaeffler to Launch Major Research and Development Project in Szombathely Hungary has successfully become a European champion in the first phase of the competition for manufacturing capacity in the new... 2023.12.20.
Marked Improvement Achieved in Energy Storage According to S&P and Bloomberg, Hungary could become the world's fourth largest producer of energy storage equipment by 2030, after... 2023.12.20.
Hungarian Government Declines to Join the European Wind Charter All EU countries except Hungary have signed a joint declaration to protect the European wind industry from "unfair trading practices"... 2023.12.20.
Government Sells Stake in Yettel to Finance Acquisition of Budapest Airport The Hungarian state is selling its stake in mobile phone operator company Yettel Hungary. The state-owned Corvinus International Investment Ltd.... 2023.12.20.
Bulgaria Withdraws Law Increasing Transit Fee for Russian Gas Supplies "It is good news that Bulgaria has withdrawn its law on increasing the transit fee for Russian natural gas, which... 2023.12.20.
