Indotek Group to Purchase 47 Percent of Auchan Magyarország Kft. Indotek Group signed an agreement on Wednesday to acquire 47 percent of Auchan Magyarország Kft., who manages the retail operations... 2023.10.19.
Hungarian Development Among the Most Promising European AI Solutions The European Commission's scientific panel ranked the development of IdomSoft, the company responsible for Hungary's public digitization, as one of... 2023.10.19.
California’s First Hydrogen-Powered Trains Could Be Built in Szolnok A historic decision was made by the State of California and Stadler, a Swiss railway vehicle manufacturing company, when they... 2023.10.19.
Hungary on the Way to Become the Second Largest Producer of Electric Batteries Thanks to the investments of Eastern companies, Hungary is now in fourth place in the production of electric batteries, but... 2023.10.19.
MOL Signs Authority Contract on Production Levels Hungarian multinational oil and gas company MOL Group has signed an authority contract with the Hungarian State that sets minimum... 2023.10.18.
V4 Economies Strongly Affected by Germany’s Performance Ninety percent of exports from V4 countries are to European Member States, meaning a high geographical concentration, writes Magyar Nemzet.... 2023.10.18.
Minister Confident of Reaching an Agreement on EU Funds This Week Minister for Regional Development Tibor Navracsics is confident that an agreement with the European Commission will be reached by the... 2023.10.18.
Chinese BYD Electric Cars Go on Sale in Hungary Chinese car manufacturer BYD is to start selling its pure electric vehicles in Hungary, the first in the Central and... 2023.10.18.
Economy Could Be Impacted by Escalation of Israel-Hamas War The Hungarian economy will feel the immediate impact of the Israeli-Palestinian conflict if it does not stop at the borders.... 2023.10.17.
New Talks on EU Funding Could Start in Brussels This Week Two Hungarian ministers will travel to Brussels on Wednesday evening for talks with two EU commissioners, Johannes Hahn and Didier... 2023.10.17.
Large-Scale Combat Training for Helicopter Crews in Western Hungary The highest level of combat training for helicopter crews is taking place at the Hungarian Defense Forces' 47th Air Base... 2023.10.17.
Poultry Sector Gets Support, But Ukrainian Egg Imports Create Difficulties Agriculture Minister István Nagy said at a conference organized on the occasion of World Egg Day, that scientific research showed... 2023.10.16.
Relations with Israel: A Remarkably Close Economic Partnership Tel Aviv, the second largest city in Israel Today, Hungary has one of the closest relations with the Middle Eastern... 2023.10.16.
National Bank to Provide Millions of Euros to the IMF The Hungarian National Bank plans to contribute nearly EUR 14 million to the Poverty Reduction and Growth Trust of the... 2023.10.16.
International Military Delegation Visits Hungarian Airbases and Military Facilities Airbase and military facility visits and demonstrations of new major weapons systems were held in Hungary between October 10-11. On... 2023.10.13.
We Will Never Permit Pro-Terror Demonstrations, says Viktor Orbán In a radio interview on Friday, Prime Minister Viktor Orbán called the terror attack unacceptable, adding that Hungary is on... 2023.10.13.
Budapest Based Pharmaceutical Giant Gets Key Role in Central Asia Egis Pharmaceuticals Zrt. announced that it has signed a cooperation agreement with the Uzbek pharmaceutical authority in Tashkent, the capital... 2023.10.13.
The EU’s Will Be Owed an Astronomical 900bn by Member States The EU will be owed a record EUR 900bn by 2026, reported the Financial Times. The rapidly rising debt levels... 2023.10.13.
Agreement to Deepen Industrial Cooperation with Georgia Minister of Economic Development Márton Nagy attended the joint Georgian-Hungarian government meeting from October 11-12, 2023, during which he held... 2023.10.13.
Gas Storage Tanks Almost One Hundred Percent Full Hungary's gas storage filling levels reached 95 percent at the beginning of October 2023, only one percentage point below the... 2023.10.12.
Nuclear Energy Continues to Be a Profitable Investment The Paks nuclear power plant Any claim that there is no need for the Paks II power plant because the... 2023.10.12.
