Government Aims to Boost Industrial Recovery with 150 New Factories Based on data from the Hungarian Central Statistical Office (KSH), industrial production in March 2025, remained at the same level... 2025.05.08.
Hungary Becomes a Collection and Distribution Hub in the European Logistics Network While rail freight transport struggled with significant cost increases and profitability problems, intermodal transport achieved outstanding growth of 122 percent... 2025.05.06.
Trump Jr. Highlights Trade Opportunities during Budapest Visit File photo of Trump Jr. during an earlier visit to the capital The good personal relationship and trust between Hungarian... 2025.04.28.
Russia Grants Hungary Cosmetics Tariff Exemption The Russian Ministry of Industry and Trade has removed three countries from the list subject to increased customs duties on... 2025.04.24.
German Economic Recession Pulls Back the Hungarian Industry The German economic recession is pulling back the performance of Hungarian industry, the Ministry for National Economy told MTI on... 2025.02.07.
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.
Manufacturing Sector Rebounds with New Orders and Production Volume Growth The seasonally adjusted November Purchasing Managers Index (PMI) stood at 50.3, with respondents reporting a slight expansion in November compared... 2024.12.03.
Hungary’s EU Presidency Focuses on Strengthening Research and Innovation Balázs Hankó, Minister of Culture and Innovation, addressed the European Parliament’s Industry, Research, and Energy Committee (ITRE) in Brussels, focusing... 2024.11.22.
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.
Chinese Loan to Finance Long-awaited Modernization of Dunaújváros Steel Factory The first positive news in months comes from Liberty Steel, buying the assets of Dunaferr, a major player in Hungarian... 2024.08.05.
Western Hungary’s Century-old Brickworks: one of the most Modern Factories in Europe The Kőszeg Brickworks (Wienerberger Téglaipari Zrt.) is a factory with a long history and even greater importance in western Hungary.... 2024.07.01.
Leaders of BMW, Vodafone, and Deutsche Telekom Pay a Visit to PM Orbán Prime Minister Viktor Orbán engaged in discussions with leaders of the European Round Table for Industry (ERT) at the Carmelite... 2024.06.11.
Romanian Plastics Giant TeraPlast Enters the Hungarian Market with Two Plants One of the largest plastics processors in the region has arrived in Hungary, writes Világgazdaság. With the acquisition of the... 2024.05.29.
Over a Thousand Hungarian Railway Carriages Headed for Egyptian Railway Tracks One of the largest export projects in the history of Hungarian industry is underway in Egypt, where 914 Hungarian-made railway... 2024.04.23.
Hungary Closing the Gap with Other Developed Countries Hungary's connectivity strategy appears to be yielding positive results, as highlighted by Philip Pilkington, an economist and external fellow at... 2024.04.19.
Minister for National Economy States Economic Growth Will Resume Next Year The Minister for National Economy declared in Debrecen that economic growth will resume next year, expecting a 4.1 percent expansion... 2024.04.18.
France’s Alstom Invests Billions in Its Northern Hungarian Plant Hungary is confidently returning to the path of economic growth this year, thanks to record investment, and next year it... 2024.04.12.
Four Percent Economic Growth Sustainable, yet Deficit Climbs to Alarming Rate The government expects economic growth between two and three percent this year, with ambitions for a sustainable increase to around... 2024.03.26.
Minister of Defense Emphasizes Export of Hungarian Arms Industry In a move aimed at bolstering Hungary's defense capabilities, Minister of Defense, Kristóf Szalay-Bobrovniczky emphasized the need to export Hungarian... 2024.03.22.
The Hungarian Automotive Industry Soars Engine manufacturing in Szentgotthárd Most manufacturing sub-sectors recorded a decline, while the volume of output increased by 19.1 percent in... 2023.08.21.
Rheinmetall Plant in Zalaegerszeg Inaugurated Those who do not deal with the defense industry may think that we are acting in haste, but we have... 2023.08.18.
