Automotive Sector Poised for Major Expansion with Bosch Investment Hungary's economy is set for visible growth in 2025, with significant contributions from the automotive industry. This development is largely... 2024.12.09.
Stricter Environmental Controls Imposed on Debrecen Battery Plant The environmental authority has imposed stricter conditions on the Debrecen plant of EcoPro, a South Korean manufacturer specializing in cathodes... 2024.12.04.
Major Infrastructure Projects to Resume in 2025 The government plans to resume significant infrastructure investments in 2025, allocating HUF 480B (EUR 1.3B) for 300 new projects. This... 2024.12.03.
Hungary Guest of Honor at the China International Supply Chain Expo This year marks the second edition of the Supply Chain Expo (CISCE) in Beijing between November 26-30, where the Hungarian... 2024.11.27.
OMV to Expand Its Electric Car Charging Network While OMV's new fast-charging points are now available at 15 locations in Hungary, the company is working on the construction... 2024.11.22.
Dunavarsány Becomes Regional Hub for South Korean Food Industry South Korea's largest food company will build its first Central European factory in Hungary, creating 200 new jobs in Dunavarsány... 2024.11.21.
2025 to Be the Year of Investments Finance Minister Mihály Varga gave an interview to Kossuth Radio on Sunday, presenting the state's 2025 budget. He said that... 2024.11.18.
Monor Welcomes New EUR 75 million Vaccine Plant for Animal Health Ceva-Phylaxia is building a new vaccine factory in Monor (central Hungary) with an investment of HUF 30 billion (EUR 75... 2024.11.15.
Investing in Republika Srpska Means a “Win-win Situation” Foreign Minister Péter Szijjártó (L) with Milorad Dodik, President of Republika Srpska. The example of Hungary clearly demonstrates that it... 2024.11.13.
Credit Agency Affirms Investment-Grade Rating, Proving Economic Resilience The Berlin-based Scope Ratings has confirmed Hungary's investment-grade rating with a stable outlook, the Finance Minister said on his Facebook... 2024.11.11.
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.
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.
US Working Capital Vital in Guaranteeing Economic Neutrality, Says Foreign Minister US companies continue to be the second largest investor community in Hungary, and thus play a major role in guaranteeing... 2024.10.18.
Production of Popular International Deodorant Brands Starts in Hungary Unilever's existing household chemicals factory in Nyírbátor. Unilever Hungary announced on Wednesday that it will open a new plant at... 2024.10.10.
China’s First Hungarian-owned Medical Machinery Factory Starts Series Production 77 Elektronika is a major global developer, manufacturer, and supplier of in vitro diagnostic medical devices. The 100% domestically owned... 2024.10.09.
Foreign Minister Calls for Communication and Connectivity between Major Powers The Hungarian Foreign Minister visited Berlin on Tuesday to take part in a panel discussion as part of a strategic... 2024.10.02.
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.
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.
Hungary to Be Guest Country of Honor at China Investment Fair Xiamen in Fujian province, China. Hungary will be the guest country of honor at the 24th China International Investment and... 2024.09.06.
Spanish Socialists Let Company Shares Collapse After Blocking Hungarian Investment Talgo train in Uzbekistan The Spanish government's controversial decision to block the Hungarian takeover of Talgo, a major Spanish train... 2024.09.06.
MOL Invests USD 1B for a Sustainable Future In the latest episode of the MOL Talks podcast, Dávid Kapes, Head of Upstream Sustainable and New Energies, Ádám Horváth,... 2024.08.14.