Defense Forces Make Huge Investment in Modernizing Medical Equipment The Hungarian Defense Forces have gained a "unique," cutting-edge "capability," serving both health in the defense sector and of the... 2023.10.10.
Expansion of Red Cross Headquarters in Budapest on the Horizon "Many UN agencies are based in Budapest, with around 2,000 Hungarian enployees. Among them, the International Labor Organization stands out... 2023.10.10.
Wizz Air’s Shares Plummet Due to Israeli War European airlines are cancelling flights to Israel in the wake of the Palestinian-Israeli conflict that erupted at the end of... 2023.10.10.
Foreign Trade Figures Show Significant Improvement Compared to Last Year Hungary's external trade balance continues to improve, with the value of exports in euro terms 1.5 percent lower in August... 2023.10.10.
Fitch Ratings Forecasts Stable Economic Growth in Hungary Next Year Fitch projects that the Hungarian economy will grow steadily from next year, expecting it to help reduce the public debt... 2023.10.09.
Recruitment for BMW Plant in Debrecen Already in Full Swing The construction of the BMW plant in Debrecen (eastern Hungary) is proceeding as planned. The number of people who can... 2023.10.09.
Mandatory Bottle Return System to be Introduced Next Year From January 1, 2024, the mandatory bottle return system will start in Hungary. The government's aim is to enable Hungary... 2023.10.06.
Wizz Air Overcomes Difficulties Posed by COVID Wizz Air, Hungary's leading low-cost airline, is expected to carry 5.6 million passengers by the end of 2023, with a... 2023.10.06.
Nestlé Investment to Create 280 New Jobs The capacity expansion investment of Nestlé Hungária Kft. will create 280 new jobs in Bük (near the Austrian border), and... 2023.10.06.
Economic Outlook for the Future Is Positive due to Automotive Sector Based on a report by the European Bank for Reconstruction and Development (EBRD), Oeconomus points out in its analysis that... 2023.10.05.
This Year’s Tourist Season Ends with Exceptional Figures Neither Lake Balaton nor Hungarian tourism has ever had a better summer season than this year, said the President of... 2023.10.05.
Household Energy Remains the Cheapest in Hungary within Europe Szilárd Németh, government commissioner responsible for maintaining utility cost reduction, published the closed data of the Hungarian Energy and Public... 2023.10.05.
Hungarian-Founded Energy Giant Expands in Asia As part of its growth strategy, MET Group is opening an office in Singapore. MET Asia, established for this purpose,... 2023.10.05.
The Government Will Continue Deficit and Debt Reduction Despite the protracted war and the energy crisis, the government will continue its deficit and debt reduction policy in the... 2023.10.05.
Government Open to New Agreement with the U.S. on Double Taxation The consequences of the U.S.' denunciation of the previous agreement are unfavorable for both countries, the Minister of Finance said... 2023.10.04.
Europe Pays Seven Times as Much for Natural Gas as the U.S. “Hungary's economic outlook is positive despite the negative European environment. Hungary has benefited a lot from the strategy that has... 2023.10.04.
The Central Bank Aims for a Sustainable Reduction in Inflation According to the Hungarian Central Bank, it is in the interest of the national economy to achieve a sustained reduction... 2023.10.04.
Tank Crews are Testing their New German-Manufactured Steel Giants Candidates for military service can get to know one of the most powerful, mobile and armored combat vehicles, the German... 2023.10.04.
The EU Approves Dunaferr Steelworks’ Change of Ownership The European Union has approved the change of ownership of Dunaferr steelworks, the Ministry of Economic Development said in a... 2023.10.04.
Negotiations Held on Transposition of EU Directive on Global Minimum Tax Minister of Finance Mihály Varga held talks with leaders of large Hungarian companies on the transposition of the EU directive... 2023.10.03.
New Drone Defense Technology Company to Be Founded A drone defense technology company, RAC Antidrone Zrt., is to be founded by the 4iG Nyrt., Rotors & Cams Zrt.,... 2023.10.03.