Electrolux to Stop Production at Rural Factory in 2024 At the beginning of next year, Electrolux, a Swedish multinational home appliance manufacturer, will stop production at its Nyíregyháza refrigerator factory... 2023.02.02.
Government to Pay Steelworkers’ Wages for Six Months We are working to save Dunaferr, Prime Minister Viktor Orbán stated on his Facebook account on Wednesday. The Dunai Vasmű... 2023.02.02.
Europe Now, Apparently, Ready to Withstand Shutdown of Russian Gas Europe has overcome the most difficult period of the natural gas supply crisis and avoided the worst-case supply scenarios thanks... 2023.02.02.
Home Renovations Could Gain on Popularity This Year This year could be the year of renovations in the real estate market due to soaring energy costs, but in... 2023.02.01.
Fidesz MEP Warns of Risks of EU Joint Borrowing The European Parliament's Budgets Committee on Wednesday discussed the EU's diversified borrowing strategy in the context of the 18 billion... 2023.02.01.
Hungary’s Start-up Ecosystem Has Good Potential The development of Hungary's start-up ecosystem could be a breakthrough point in talent attraction and digitalization, for which Hungary has... 2023.02.01.
Hundreds of New Jobs in Rural Town Thanks to Automotive Investment The Boysen Group is investing HUF 60 billion (EUR 154 million) to create 400 new jobs in Nyíregyháza in eastern... 2023.01.31.
EU’s Room for Maneuver Narrows with New Oil Sanctions Sanctions are increasing the chances of serious supply problems in the European Union, Olivér Hortay, head of energy and climate... 2023.01.30.
Political Campaign Targets Chinese Battery Factory The debate over the battery factory in Debrecen in northern Hungary, may seem to concern environmental issues, but the investment... 2023.01.30.
High-tech Tools for Developing the Hungarian Defense Forces It is important that the combat readiness of the Hungarian armed forces is at all times at its best, the... 2023.01.30.
Government Reacts to Standard & Poor’s Credit Downgrade After Standard & Poor's (S&P) credit downgrade on Friday, the Hungarian government has reacted by outlining a positive vision for the... 2023.01.30.
Farmers Spent Billions on New Farm Machinery Last Year Hungarian Minister of Agriculture István Nagy at the 41st AGROmashEXPO International Agriculture and Agricultural Machinery Exhibition Technological modernization is taking place... 2023.01.26.
Justice Minister Optimistic about EU Funds Judit Varga, Hungary’s Minister of Justice, speaking to Karc FM radio, expressed optimism regarding the EU funds that the European... 2023.01.26.
We Will Avoid Recession in 2023, Says Economy Minister Despite the intensified economic challenges, recession should be avoided, and the Hungarian government aims to achieve 1.5 percent growth in... 2023.01.25.
Azerbaijani Gas Will Play Important Role in Hungary’s Energy Security Hungarian Foreign Minister Péter Szijjártó (R) with Azerbaijani Economy Minister Mikayil Jabbarov. Increased natural gas production in Azerbaijan could play... 2023.01.25.
Central Bank Governor Calls for Anti-inflation Measures Inflation must be reduced as quickly and permanently as possible, according to the Governor of the Hungarian National Bank (MNB).... 2023.01.20.
Minister János Csák Recipient of Wekerle Sándor Prize The Grand Prize of the Wekerle Sándor Carpathian Basin Economic Prize was awarded to Minister of Culture and Innovation János... 2023.01.20.
Smoking to Get Significantly More Expensive From February, the excise duty will not change for traditional cigarettes, only for heated tobacco products, but the European Commission... 2023.01.19.
Phone Tariffs to Follow Steep Inflation Curb This year Magyar Telekom and Vodafone are both implementing inflation-linked tariff increases. Magyar Telekom told MTI that due to inflationary... 2023.01.18.
Price Cap on Food Is a Social Measure, Says Minister of Agriculture István Nagy, Minister of Agriculture, gave an interview to Hungarian news site Index, where he discussed inflation, the drastic rise... 2023.01.18.
Fall in Property Prices Many Have Been Waiting For Begins The price of used brick apartments and panels in Budapest fell at the end of last year, Otthon Centrum, a... 2023.01.18.
