HUF 2,000 billion in EU Funds to Boost Railway Development Strong and predictable public orders are needed for the development of the domestic rail vehicle industry, stressed László Mosóczi, the... 2024.05.29.
German Giant Expands Budapest Plant with New Factory, Training Center, and Solar Park Siemens Energy has built a new factory, opened a training center, and installed a solar park in the framework of... 2024.05.24.
Foreign Minister Holds Talks with Suzuki’s CEO in Tokyo After the visit of Chinese President Xi Jinping, the government is planning to establish cooperation with another Far Eastern country,... 2024.05.21.
Government to Strengthen the Economy with Protectionist Legislation The government is committed to a protectionist policy in order to strengthen the economy, even if this entails conflicts, said... 2024.05.15.
Significant Long-awaited Investments Begin at Budapest Airport In the first quarter of this year, Budapest Airport handled more than 3.4 million passengers, 10.2 percent more than in... 2024.05.15.
MOL’s New Complex Could Put Hungary at the Forefront of the Chemical Industry Thanks to the Polyol Complex built in cooperation with Thyssenkrupp, MOL is set to become the leading chemical company in... 2024.05.15.
German Automotive Supplier Invests HUF 5 Billion to Upgrade Its Szombathely Plant With an investment of more than HUF 5 billion (EUR 12.9 million), the automotive supplier Schaeffler has upgraded its plant in... 2024.05.14.
Multinational MOL’s Largest Organic Investment to be Inaugurated Next Week Next week, Hungarian multinational oil and gas company MOL's Polyol Complex in Tiszaújváros (northern Hungary) will be inaugurated in the... 2024.05.10.
Foreign Minister Praises Partnership with Microsoft On Monday, Minister of Foreign Affairs and Trade Péter Szijjártó received Microsoft executives, including several members of their global management... 2024.05.07.
Foundation Stone Laid for Hungary’s First Space Technology Manufacturing Center Hungary's economic ecosystem, infrastructure, and intellectual capital make it well suited to become a player in the space industry, the... 2024.05.07.
S&P Keeps Hungary in the Investment Recommended Category The international credit rating agency Standard & Poor's Global Ratings affirmed its investment-grade rating of 'BBB-/A-3' on Hungarian government debt... 2024.04.29.
Further Projects Discussed with Chinese Contractors of Budapest-Belgrade Railway The Minister of Construction and Transport has held talks with the heads of one of the largest Chinese companies involved... 2024.04.10.
Budapest Airport Can Be a Potential Leader in European Air Cargo Business Passenger traffic at Budapest Airport often takes center stage, yet the real potential for buying back the airport lies in... 2024.03.21.
Agreement Reached with the UAE on a Multi-billion EUR Urban Development Project Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade (L) and Hungarian Minister of Foreign Affairs and Trade Péter... 2024.03.14.
Enhancing Passenger Comfort and Modern Security at Debrecen Airport Terminal expansion works are commencing at Debrecen (eastern Hungary) Airport, with a HUF 300M (EUR 751K) investment aimed at expanding... 2024.03.13.
Hungarian Investor to Build New Commercial Center in Ljubljana The city of Ljubljana OTP Real Estate Investment Fund-owned Mendota Invest has received the final permit for the construction of... 2024.03.05.
Ganz’s Manufacturing Expands for Nuclear and Renewable Energy Markets Ganz Transformer and Electrical Rotating Machinery Manufacturing Ltd. has embarked on a HUF 4.65B (EUR 11.8M) technology development project within... 2024.02.28.
Cooperation Agreement with Iran Opens New Trade Opportunities Hungary and Iran are both interested in developing economic cooperation in areas not affected by sanctions, such as the pharmaceutical,... 2024.02.22.
Austrian Construction Company Told to Fix Cracking Surface on Motorway The structure of the M30 motorway has shifted in several places at kilometer 38 in the Szikszó area, causing cracks... 2024.02.21.
Investments Worth Billions Announced in Tourist Favorite Szentendre The foundation of the new SPAR supermarket was laid on Tuesday at the HÉV (Budapest Railway of Local Interest) terminus... 2024.02.21.
Swiss Giant Nestlé to Upgrade Its Pet Food Plant in Bük with a Huge Investment Nestlé Hungária will develop its Purina pet food factory in Bük (western Hungary) to the tune of HUF 55 billion... 2024.02.19.