Minister of National Economy Forecasts Inflation between 5-6% in 2024 Economic growth could be around four percent this year after the recovery from the recession began last year, Minister of... 2024.01.04.
Budapest Airport Reacquisition Nears Finalization Negotiations on the reacquisition of Liszt Ferenc International Airport are already at a stage where a final agreement between the... 2024.01.03.
Positive Changes for Green Energy Production and Storage from 2024 Green energy is the future of the Hungarian economy, and therefore several measures and support options will promote the increased... 2024.01.02.
Hungarian Economy Forecasts Growth in 2024 In a recent statement, László Parragh, President of the Hungarian Chamber of Commerce and Industry (MKIK), expressed optimism about the... 2023.12.27.
BYD, World’s Top Electric Car Manufacturer to Build European Factory in Szeged "China's BYD, the world's largest electric car manufacturer (by volume), is to build its first European factory in Szeged. This... 2023.12.22.
Hungarian Oil and Gas PLC Initiates Gas Production in Kazakhstan’s Rozhkovsky Field MOL (Hungarian Oil and Gas PLC), as part of the international joint venture Ural Oil and Gas LLP., has started... 2023.12.22.
Schaeffler to Launch Major Research and Development Project in Szombathely Hungary has successfully become a European champion in the first phase of the competition for manufacturing capacity in the new... 2023.12.20.
Potential for Private Railways in Hungary As State Railway Contracts Near Expiry Railways operated by private companies could come to Hungary if the government does not extend the public service contracts of... 2023.12.15.
October Manufacturing Insights: Vehicle Production and Electrical Equipment Grows In October, production volumes witnessed an increase in vehicle manufacturing and the production of electrical equipment. However, several manufacturing sub-sectors... 2023.12.13.
Hungarian Engineers Contribute to German Panther Supertank Development Hungarian engineers have contributed to the development of the new German Panther supertank since the end of summer. Defense Minister Kristóf Szalay-Bobrovniczky... 2023.12.13.
Reports of EU Legal Action: Agriculture Minister Nagy Disagrees Agriculture Minister István Nagy held a press conference after the Council of Agriculture Ministers' meeting in Brussels. He informed journalists... 2023.12.12.
Porsche Hungaria further Strengthens its Presence in the Country The recently appointed managing director of Porsche Hungaria expects an increase in sales of its brands next year. According to... 2023.12.08.
Government Boosts Construction of Budapest-Belgrade Railway Line The latest issue of the official journal of the Hungarian Parliament reveals that the government is turning some projects related... 2023.12.07.
Paks Nuclear Power Plant’s Operating Life to Be Extended by 20 Years In accordance with Euratom regulations, the European Union has been notified of the further extension of the Paks nuclear power... 2023.12.06.
LG and Magna’s First Joint European Factory in Miskolc Will Create 200 New Jobs The joint venture of South Korea's LG and Canada's Magna will see its first European factory built in Miskolc (northeast... 2023.12.05.
Major U.S. Investment in E-mobility Creates Sixty New Jobs Hungary is one of the winners of the electric car transition and thus of the new European economic era, also... 2023.12.05.
Insulation Manufacturer Masterplast Expands in Italy Newly built Masterplast factory in Italy Investment and export records will be broken in Hungary again this year, with working... 2023.11.29.
New Head of the Paks II Nuclear Power Plant Project Revealed Rosatom has appointed Vitaly Polyanin as the director of the Paks II nuclear power plant construction project as of November... 2023.11.22.
Catastrophic Situation at Záhony Crossing Due to Truck Drivers’ Blockade There is a significant queue of trucks at the Záhony border crossing point in eastern Hungary due to the blockade... 2023.11.20.
New Agricultural and Rural Development Support Program Introduced The government will provide 80 percent additional national funding to EU development funds for rural development, and will spend some... 2023.11.16.
Government Working on GMO-Free Agriculture Hungary is building GMO-free agriculture, and insists that unknown technologies should not endanger Hungarian society without being tested, the Agriculture... 2023.11.14.
