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.
Number of Hungarian Workers Decreasing in Austrian Labor Market The number of Hungarians working in Austria has fallen for the fourth month in a row, reports Világgazdaság. It will... 2023.12.19.
Construction of the Most Expensive Motorway in the Country Could Start Soon Next year, the construction of the connection of Zalaegerszeg (western Hungary) to the national motorway network could start, and the... 2023.12.19.
Contract Signed for Next Gen Super-tank Development in Zalaegerszeg (L-R) Paul Walf, László Palkovics and Björn Bernhard Prof. Dr. László Palkovics, CEO of N7 Holding National Defence Industrial Innovation... 2023.12.18.
Hungary Threatens Veto on Bulgaria over Punitive Gas Tax Hungary has made it clear to Bulgaria that it will veto the country's Schengen accession if it maintains the punitive... 2023.12.18.
EU Falling Behind the US in Competitiveness, Claims Minister of State If it fails to act, the EU could fall behind in competition with the United States, Tibor Tóth, Minister of... 2023.12.18.
South Korean Hanon Systems Creates 250 New Jobs in Three Cities Hanon Systems, one of South Korea's largest automotive suppliers, will create 250 new jobs in Székesfehérvár (central Hungary), Pécs (southwestern... 2023.12.18.
German Automotive Investment Worth HUF 24 Billion Arrives The German automotive supplier ZF will create more than 300 new jobs in Kecskemét (central Hungary) and Debrecen (eastern Hungary)... 2023.12.18.