EU Punitive Tariffs on Chinese EVs a Threat to Competitiveness, Minister Warns The European Commission has dealt a new blow to the competitiveness of the continent with the imposition of punitive tariffs... 2024.10.31.
Government Expects the New Action Plan to Trigger an Economic Turnaround Minister for National Economy Márton Nagy speaking at the Portfolio Budapest Economic Forum on October 17, 2024 "We are going... 2024.10.31.
Hungarian Researchers Use Cosmic Rays to Explore the Complexity of Volcanoes Sakurajima volcano is Japan. Hungary's HUN-REN Wigner Research Center for Physics and the University of Tokyo have pioneered a special... 2024.10.30.
BYD’s Szeged Plant Takes Shape: Drone Footage Reveals Progress In just a few weeks, the BYD factory in Szeged (southern Hungary), which is expected to be in production in... 2024.10.30.
Defense Minister Highlights Advancements in Military Medical Capabilities The Hungarian Defense Forces are actively enhancing their medical capabilities, as highlighted by Defense Minister Kristóf Szalay-Bobrovniczky during the recent... 2024.10.30.
University of Veterinary Medicine’s New Lab to Specialize in Food Chain Safety The University of Veterinary Medicine has inaugurated a new laboratory in Budapest for research on infectious animal diseases and antibiotic... 2024.10.30.
Increasing Interest in Cheese Production Fuels Dairy Sector Growth Many people have started a dairy business in recent years, and most of them see cheese making as a new... 2024.10.29.
Historic Expansion Project Set to Upgrade Popular M1 Motorway From the M0 to Győr (northwestern Hungary), the M1 will be widened to two three-lane motorways by 2029, with one... 2024.10.29.
Fuel Prices Set to Rise under EU Efficiency Mandate The tax paid by fuel retailers will increase significantly from next year when the amendment to the Energy Efficiency Obligation... 2024.10.29.
Hungarian Households Enjoy Lowest Energy Prices in Europe Hungarian households had the cheapest access to electricity and gas in the first half of 2024, according to Eurostat's latest... 2024.10.29.
S&P Reaffirms Ratings in Hungary’s Economic Resilience and Growth Potential Standard and Poor's has confirmed that it continues to recommend Hungary for investment, with the three major rating agencies all... 2024.10.28.
Two Millionth Mercedes Rolls off the Production Line in Kecskemét The Mercedes-Benz factory in Kecskemét (central Hungary) has reached a milestone, as the two millionth car was completed in October:... 2024.10.25.
Richter Announces Collaboration with U.S. Pharmaceutical Company Richter Gedeon’s headquarters in Budapest Budapest-based pharmaceutical giant Richter announced a new research and development collaboration in the field of... 2024.10.25.
Wizz Air and Airbus Jointly Test Sustainable Aviation Fuel on Budapest Routes Wizz Air and Airbus are jointly testing sustainable aviation fuel (SAF) on the Barcelona-Budapest and Brussels-Budapest routes, writes Turizmus.com. Sustainable... 2024.10.24.
New Hungarian Cargo Airline Could Start Operations in December The Airbus A330-200F, purchased by the Hungarian government. Hungary Cargo Airlines, which was formed in May, could receive its operating... 2024.10.24.
Slovakia Follows Hungary’s Example in Minimum Wage Increase In Slovakia, the minimum wage will rise to 60 percent of the national average wage in 2024 from 2026, writes... 2024.10.24.
Central Bank Makes Decision on Interest Rates The Hungarian Central Bank (MNB) will not continue its easing, as the monetary council kept the base interest rate at... 2024.10.22.
Chinese Automobile Giant BYD Shows off New Models in Hungary Chinese car manufacturer BYD, which is building a plant in Szeged (southern Hungary), presented two of its new models, now... 2024.10.22.
Year-on-year Salary Rise Exceeds Thirteen Percent In August 2024, the gross average salary of those employed full-time was HUF 628,800 (EUR 1,567), and the net average... 2024.10.22.
Ridge Runner – Reservists Return from the US after Multinational Exercise The Hungarian participants of the Ridge Runner exercise are back home from the US. Some of them have been trained... 2024.10.22.
Hungarian Astronauts Prepare for Axiom Space Mission with Intense Training in Houston Tibor Kapu (L), selected research astronaut, and Gyula Cserényi (R), reserve research astronaut Tibor Kapu and Gyula Cserényi, two candidates... 2024.10.21.
