BYD’s Szeged Plant Takes Shape: Drone Footage Reveals Progress In just a few weeks, the BYD factory in Szeged (southern Hungary), which is expected to be in production in... 2024.10.30.
Increasing Interest in Cheese Production Fuels Dairy Sector Growth Many people have started a dairy business in recent years, and most of them see cheese making as a new... 2024.10.29.
S&P Reaffirms Ratings in Hungary’s Economic Resilience and Growth Potential Standard and Poor's has confirmed that it continues to recommend Hungary for investment, with the three major rating agencies all... 2024.10.28.
Slovakia Follows Hungary’s Example in Minimum Wage Increase In Slovakia, the minimum wage will rise to 60 percent of the national average wage in 2024 from 2026, writes... 2024.10.24.
Record Demand for Food Industry Grants: HUF 708 Billion in Applications There is huge interest in the renewal of the food industry, as over HUF 708 billion (EUR 1.7 billion) of... 2024.10.21.
MG Strengthens its Position in the Hungarian New Car Market The MG brand continues to gain market share in the Hungarian new car market, and the dealer network is still... 2024.10.14.
Targeted Support of the Wine Sector Reflected in Improved Quality The quality and technological background of the Hungarian wine industry has also strengthened in recent times, which is mainly due... 2024.10.01.
National Bank Increases Gold Reserves to a Record High In view of Hungary's long-term national and economic strategic goals, the Hungarian National Bank (MNB) decided to increase its gold... 2024.10.01.
BYD Szeged: Focus on Local Workforce and Cooperation The Chinese BYD will create thousands of jobs with its investment in Szeged, southern Hungary, and will focus on local... 2024.09.30.
75 Years of Diplomatic Relations: “China not a Threat, but an Opportunity” The broadening of relations and deepening of our cooperation with China is not a threat, but an opportunity, the successful... 2024.09.27.
Hungary Moves up Two Places in Global Wealth Ranking Global household financial wealth grew by 7.6 percent in 2023, offsetting losses from the previous year, according to the newly... 2024.09.25.
Finance Minister Holds Talks with Head of Leading Chinese Bank Continuing the work of the past decade, we will further strengthen Hungary's financial role in the Central and Eastern European... 2024.09.25.
Developing Economic Cooperation with Russia is “Vital for National Interest” Expansion of the Paks nuclear power plant, an important area of Hungarian-Russian cooperation. It is in the national economic, security... 2024.09.23.
Domestic Interest Rates to Fall in Line with US and European Central Bank Trends The Hungarian National Bank (MNB) may follow the US and European central banks in cutting interest rates after the summer... 2024.09.18.
Competition Authority Investigates Dutch Giant SPAR The Hungarian Competition Authority (GVH) is investigating the implementation of the commitments made by SPAR Hungary in a follow-up investigation,... 2024.09.17.
Net Wage Boom Expected in 2025 Wage outflows in the Hungarian economy may remain strong, with the expected increase in the minimum wage firmly supporting double-digit... 2024.09.10.
Area Damaged by Drought Increases Significantly Last week saw a significant increase in the area declared as drought-damaged, with hundreds of thousands of hectares already showing... 2024.08.29.
We are Wasting 100 Megawatts of Solar Energy Daily Over a hundred megawatts of solar energy, one fifth of the output of a Paks reactor, is lost every day... 2024.08.29.
Spanish ‘Nyet’ for the Hungarian Takeover of Train Manufacturer Talgo The Spanish government will not approve the sale of the Spanish train manufacturer Talgo to the Hungarian company Ganz-MaVag Europe,... 2024.08.29.
Economic Issues to Be the Focus of This Year’s Political Festival in Tihany The Tranzit Festival will be held again in Tihany, on the northern shore of Lake Balaton, with the usual series... 2024.08.23.
After Taking the Lead in Battery Production, the Government’s new Goal is Recycling SungEel HiTech Hungary's plant in northern Hungary. On Wednesday, Minister for National Economy Márton Nagy received Kang-Myung Yi, the top... 2024.08.22.
