TurkStream Pipeline Reportedly Attacked by Ukrainian Forces The Russian Defense Ministry claims that the Ukrainians used drones to attack an infrastructure that is crucial to the operation... 2025.01.14.
Hungarian Families Pay the Lowest Gas and Electricity Bills in Europe With the end of Ukrainian gas supplies from Russia to Europe in January, gas supply has fallen again and the... 2025.01.08.
Prices of Industrial Products Up 8% In November 2024, industrial producer prices were on average 7.9% higher than a year earlier. Domestic sales prices were 3.2... 2025.01.08.
Paks Nuclear Power Plant Project Soon to Reach an Important Milestone Cement is arriving by the trainload from Slovakia for the Paks II project; the total investment may now be 20-35... 2025.01.02.
Ukraine Celebrates Cutting off Neighbors’ Gas Supplies as Victory Ukrainian President Volodymyr Zelenskyy said on the Telegram social media network on Wednesday that the halt of Russian gas transit... 2025.01.02.
Viktor Orbán Discusses Energy Supplies in Sofia Prime Minister Viktor Orbán with President Rumen Radev Bulgaria is a key country for Hungary, especially since the beginning of... 2024.12.20.
MOL Expands Solar Portfolio with New State-of-the-Art Plant MOL has significantly boosted its renewable energy production by acquiring Naperőmű Farm, a company developing a 66 MW solar power... 2024.12.20.
MVM Acquires Majority Stake in Romania’s Leading Energy Supplier Hungarian MVM Group is set to acquire a majority stake in E.ON Energie Romania, the country’s leading energy supplier, further... 2024.12.17.
Solar Energy Targets Surpassed with Rapid Expansion The Ministry of Energy has reported a 12-fold increase in the capacity of domestic industrial solar power plants compared to... 2024.12.09.
Paks Nuclear Power Plant Project Meets the Highest International Standards The expansion of the Paks nuclear power plant, the Paks II project, is being carried out in compliance with the... 2024.12.06.
Safeguarding Energy Supply through Continued Cooperation with Russia Despite the new sanctions, Russia is committed to maintaining Hungary's energy supply, the supply of oil, natural gas, and nuclear... 2024.12.03.
Budapest Declaration Could Help Improve European Competitiveness Minister for National Economy Márton Nagy at the COMPET meeting in Brussels Real steps must be taken next year to... 2024.11.29.
The Country’s Largest Energy Storage Facility Is Being Built in Szolnok Gábor Czepek, Parliamentary State Secretary of the Ministry of Energy, announced in a video on social media that Hungary's largest... 2024.11.25.
There Is No Good Alternative to Russian Energy, Says Foreign Minister A state will only give up a reliable and competitively priced energy source if a better offer is made, and... 2024.11.22.
Relief Plan Brings Cheaper Electricity for Micro-Enterprises from January In line with the goals of the economic action plan, more micro-enterprises will be able to return to the universal... 2024.11.20.
Foreign Minister Szijjártó Secures Key Agreements with Argentina on Innovation Hungarian Foreign Minister Péter Szijjártó and his Argentine counterpart Gerardo Werthein (L-R). The Foreign Minister traveled to Buenos Aires for... 2024.11.11.
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.
Fifteen Manufacturers Offer Companies the Purchase of Electric Cars with State Support Companies can now purchase at least a hundred electric cars from fifteen manufacturers with government subsidies, the Ministry of Energy... 2024.10.18.
EU Presidency: Energy Transition Relies on the Development of Electricity Grids The construction of modern electricity grids is the basis for the energy transition of the entire European Union, Attila Steiner,... 2024.10.15.
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.
South Korean SK Group Merger to Benefit the Company’s Hungarian Battery Factories The South Korean parent companies of SK On Hungary, which has three battery factories in the country, are expected to... 2024.08.01.
