Record Research&Development Investment Announced The record HUF 37 billion (USD 96.3 million) investment in research and development in Hungary by the US based Diligent... 2025.02.14.
Kuwait Relies on Hungarian Expertise to Modernize Its Electricity Grid Kuwait City GTVF Export Development Ltd., jointly owned by Forest-Vill Ltd. and Ganz Transformers and Electric Rotating Machines Ltd., has... 2025.02.13.
Polish Fund Eyes Spanish Train Manufacturer Blocked from Hungarian Sales The Hungarian Ganz-MaVag group had previously made a bid for the Spanish train manufacturer Talgo, but the socialist government in... 2025.02.13.
Chinese Brands Conquer the Domestic Used Car Market BYD's popularity has soared in the used car market since 2023, while MG is the absolute favorite among Chinese car... 2025.02.13.
Real Estate Market Starts the Year with a New Record According to the buyer demand index measured by real estate agency Duna House, interested parties were active on the housing... 2025.02.13.
Foreign Minister: “The whole focus of BMW is now on Debrecen” Series production will start this autumn at BMW's Debrecen plant, which will give a huge boost to the Hungarian economy,... 2025.02.13.
V4 Countries Agree – Change in Agriculture Is a Must The agricultural chambers of the Visegrad 4+ countries agreed on a joint action at their latest meeting in Falenty, Poland,... 2025.02.12.
Multi-million Euro Investment Announced in Sopron Minister of Construction and Transport János Lázár announced several billion forints worth of developments at a press conference in Sopron... 2025.02.12.
University of Debrecen Expands with Advanced Laboratory A machine design laboratory was inaugurated at the Faculty of Engineering of the University of Debrecen (eastern Hungary) on Tuesday.... 2025.02.12.
Paks Nuclear Power Plant Accounts for Half of Electricity Production The MVM Paks Nuclear Power Plant closed 2024 with the fifth highest production result in its history. The four units... 2025.02.12.
High Food Inflation “Unacceptable,” Says Minister Minister of National Economy Márton Nagy stated that high food inflation is unacceptable and the government is ready to take... 2025.02.11.
Geothermal Energy Could Replace Gas by 2030 Geothermal energy could be one of the main drivers of the Hungarian economy, said Attila Steiner, State Secretary for Energy... 2025.02.11.
Multinational Division Centre Reaches Full Operational Capability L-R: NATO Deputy Secretary General Radmila Shekerinska and Hungarian Minister of Defense Kristóf Szalay-Bobrovniczky "Strength lies not only in weapons... 2025.02.11.
Wage Dispute at Audi Supplier Could Escalate into Strike The employees of Lear Corporation Hungary, the supplier of the Audi factory in Győr (northwestern Hungary), could go on strike... 2025.02.11.
Railway Industry’s Largest International Order Coming from Egypt Industrial cooperation worth hundreds of billions of forints is taking place between Hungary and Egypt, as the Hungarian railway vehicle... 2025.02.11.
Hungarian Company to Supply Gas to Moldovan Region Hungarian-backed MET will supply gas to Moldova's Transnistria region after Moldova refused EU assistance, Bloomberg reports. MET Gas and Energy... 2025.02.10.
State-of-the-Art Lynx Vehicles Carefully Loaded onto Wagons Fifteen Lynx KF41 armored infantry fighting vehicles and two ARV 3HU technician tractors were lined up at the loading area... 2025.02.09.
EV Sales in Germany Could Boost the Hungarian Economy Some positive news from Germany for the first time in months: e-car sales are dominating the market in January, says... 2025.02.07.
Consumer Confidence on the Rise with Many Spending Their Money Abroad The strong consumer spending of the Hungarian population in December was more reflected in sales abroad than in domestic stores,... 2025.02.07.
Largest Motorway Project in 100 Years Announced The city of Esztergom, located northwest of Budapest "We met with the mayor of Esztergom, Ádám Hernádi, and his team... 2025.02.07.
German Economic Recession Pulls Back the Hungarian Industry The German economic recession is pulling back the performance of Hungarian industry, the Ministry for National Economy told MTI on... 2025.02.07.
