Hungary-China Investment Roundtable Established to Deepen Economic Partnership The Hungary-China Investors Roundtable was established at the end of October with the participation of key business players and business... 2024.11.07.
Defense Forces Expand Capabilities with Newest Tanks, Howitzers and Choppers "The Hungarian Defense Forces are being developed and we are on the way to creating a fully rearmed, modern, new... 2024.11.07.
Transition to Electromobility Cannot be Successful without Germany, Says Economy Minister A BYD Seal electric car at the opening of the Hungarian Battery Week conference E-Mobility Day at Hungexpo Budapest Congress... 2024.11.07.
E.ON Opens New Substation to Support Renewable Energy Integration The E.ON Hungária Group has inaugurated a cutting-edge substation in Zalaszentgrót (western Hungary), reports Világgazdaság. This fully automated, remotely controlled... 2024.11.07.
Chinese Battery Factory CATL to Start Production in Debrecen Next Year Battery cell production is scheduled to start in 2025 at CATL's newly built factory in Debrecen (eastern Hungary), the announcement... 2024.11.07.
Economic Neutrality and Investments to Offset Dependence on German Economy According to calendar-adjusted data of the Hungarian Central Statistical Office (KSH), the volume of industrial production decreased by 5.4 percent... 2024.11.07.
From “Made in Hungary” to “Invented in Hungary”: Vision for Battery Innovation The government's goal is for Hungary to become a European research and development (R&D) center for battery technology by 2030... 2024.11.07.
Third Vecsés Oil Well Boosts MOL’s Domestic Production Drilling rig in the Vecsés oil field. The Vecsés oil field (near Budapest) has delivered on its promises and has... 2024.11.06.
Unicum Fever Hits Germany: Zwack’s Export Sales Skyrocket Unicum is an herbal liquor. The beverage manufacturer Zwack's revenues grew nicely in the first half of this financial year,... 2024.11.06.
German Economic Decline Deeply Impacts Hungarian Manufacturing The Hungarian manufacturing industry is facing one of its toughest years, struggling with technological transitions and Europe's exclusion from world... 2024.11.06.
Thermal Baths to Get a Makeover Thanks to EU Funding More than one and a half billion forints will be used to renovate three spas in Békés County, southeastern Hungary,... 2024.11.06.
EU-Funded Energy Storage Project by MET Group Boosts Renewable Grid MET Dunai Energiatároló, a member of the Swiss-based MET Group, is building an energy storage system with a total nominal... 2024.11.06.
Audi Hungaria Is the Largest Engine Manufacturer in the World Engine production at Audi Hungaria (Győr, northwestern Hungary) started more than 30 years ago, and in the decades since then... 2024.11.06.
A Visit to BYD Headquarters: Foretaste of the Chinese Giant’s Future in Szeged BYD, the world's leading manufacturer of new energy vehicles, announced in 2023 that it would build its first European car... 2024.11.05.
PM Orbán’s Visit: Fostering Economic Growth with Kyrgyzstan Prime Minister Viktor Orbán visited Kyrgyzstan to strengthen bilateral ties, advance economic partnerships, and support Kyrgyzstan's cooperation with the European... 2024.11.05.
High-tech Innovation Center to Be Established with Chinese Cooperation Óbuda University (Budapest) is cooperating with the Wuxi High-Tech Zone in China in the establishment of a high-tech innovation center.... 2024.11.05.
Europe’s Role in the Global Economy Clearly Diminished, Says Finance Minister in Brussels Mihály Varga (C), Hungarian Finance Minister, chairing the meeting, with Thomas Westphal, Head of the European Policy Department (R) and... 2024.11.05.
Government Plans to Increase Teacher Salaries 20-21% by 2025 The State Secretariat for Public Education has initiated consultations regarding a teacher salary increase for 2025, highlighting the necessity of... 2024.11.05.
The Gap between Petrol and Diesel Prices Is Widening Wholesale petrol prices are falling, while diesel prices are rising. This means that the average price of petrol could fall... 2024.11.05.
Strategic Investments Drive Healthcare Technology Self-Sufficiency Hungary is advancing its medical device manufacturing industry, focusing on vulnerabilities exposed by the COVID-19 pandemic. The government aims to... 2024.11.05.
Wine Prices and Exports Surge, Driven by Rising Demand for White Varieties In the nine months so far this year, the domestic selling price of domestic wine has risen by 7 percent... 2024.11.04.