Illegal Cigarette Trade Causing Damage to Hungarian Economy In Hungary, half a billion cigarettes were bought illegally in 2022, depriving the central budget of around HUF 30 billion... 2023.06.29.
Prefabricated Housing Market Booming The prefabricated housing market could also pick up in Hungary, with the opening of a new modular house factory in... 2023.06.29.
Chinese BYD’s Investment to Create 100 New Jobs in Fót Chinese electric car manufacturer BYD is investing HUF 10 billion to set up a battery assembly plant in Fót, creating... 2023.06.29.
Hungarian Proposal Calling for Stricter Labeling of Honey Origin Minister of Agriculture István Nagy has urged on several occasions in recent years to revise the EU directive on honey... 2023.06.29.
Newly Opened Innovation Experience Center to Foster Creativity High-tech has a large share in the structure of the Hungarian economy, said Minister of Economic Development Márton Nagy, at... 2023.06.29.
Hungary to Move Up in EU Innovation Ranking The European Commission's 2023 Innovation Scoreboard has moved us from fourth to third place - with Budapest and its region... 2023.06.28.
New Chinese Investments Sustaining Economic Growth As two new Chinese corporate investments have been agreed on, the government's goal is still the same: to ensure that... 2023.06.28.
Helicopter Crash – Military Salute to Victims’ Coffins The remains of Hungarian soldiers killed in a helicopter crash during training in Croatia were received with military salute at... 2023.06.28.
The Procurement of Small Modular Nuclear Reactors Could Start in 2030 The construction of the SMR in Hainan, China. The earliest time Hungary could be considering the procurement of one or... 2023.06.27.
Cutting Europe-China Relations an “Economic Suicide”, Claims Minister It would be brutal economic suicide for Europe to cut ties with China, especially after the continent's competitiveness has plummeted... 2023.06.27.
Economic Development Minister Holds Talks with Eaton Executives Economic Development Minister, Márton Nagy, received Christopher Hess, Vice President of Public Affairs at Eaton Corporation, and Eamonn Hughes, Vice... 2023.06.27.
Stricter Rules for Drones to Protect Critical Infrastructure The Hungarian drone strategy, regulating the use of unmanned aerial vehicles, will be submitted to parliament in the autumn, Index... 2023.06.26.
Fitch Affirms Its Investment Grade Rating on Hungary Fitch Ratings has affirmed Hungary's long-term foreign-currency issuer default rating. The international rating agency said it expects the Hungarian economy to... 2023.06.26.
Watch Out! The Tax Authority Can Access Your Foreign Employment Records National tax authorities share their data with each other globally, and the Hungarian National Tax and Customs Administration (NAV) also... 2023.06.23.
First Hydrogen-Powered Trucks on Our Roads Gebrüder Weiss Kft. is the first to test a hydrogen-powered truck in Hungary. Bálint Varga, Managing Director of Gebrüder Weiss... 2023.06.23.
Minister: Ban on Ukrainian Grain Should Be Extended The ban on the import of certain agricultural products from Ukraine to neighboring countries should be extended after September 15,... 2023.06.23.
Parliament Allocates Billions to Top Research Projects Seventy-nine billion forints (about EUR 213 M) is available this year for innovation and research applications under the János Neumann... 2023.06.23.
Hungary’s Energy Sovereignty on the Right Track According to the Ministry of Energy, the Hungarian storage capacities that improve the flexibility of the electricity system may increase... 2023.06.23.
North African Countries Facing Difficulties due to Brussels’ Migration Policy Brussels should immediately end its pro-migration policies that are putting both European and North African countries in an extremely difficult... 2023.06.22.
Central Bank on a Gold Shopping Spree As much as 35.7 tonnes of gold is held by the world's central banks as a whole, according to the... 2023.06.22.
Third Victim Found, All H-145M Helicopters Grounded After Crash Unconfirmed reports suggest that the third victim of yesterday's helicopter crash in Croatia may have been found buried under the... 2023.06.22.
