Contract Signed for Next Gen Super-tank Development in Zalaegerszeg (L-R) Paul Walf, László Palkovics and Björn Bernhard Prof. Dr. László Palkovics, CEO of N7 Holding National Defence Industrial Innovation... 2023.12.18.
Hungary Threatens Veto on Bulgaria over Punitive Gas Tax Hungary has made it clear to Bulgaria that it will veto the country's Schengen accession if it maintains the punitive... 2023.12.18.
EU Falling Behind the US in Competitiveness, Claims Minister of State If it fails to act, the EU could fall behind in competition with the United States, Tibor Tóth, Minister of... 2023.12.18.
South Korean Hanon Systems Creates 250 New Jobs in Three Cities Hanon Systems, one of South Korea's largest automotive suppliers, will create 250 new jobs in Székesfehérvár (central Hungary), Pécs (southwestern... 2023.12.18.
German Automotive Investment Worth HUF 24 Billion Arrives The German automotive supplier ZF will create more than 300 new jobs in Kecskemét (central Hungary) and Debrecen (eastern Hungary)... 2023.12.18.
Leopard Tanks Mark a New Era in the History of Armed Forces Development The first Leopard 2A7HU armored vehicle, the Leguan 2HU bridge launcher, and the Wisent 2HU technical combat vehicles were handed... 2023.12.16.
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.
Government Announces Early Transfer of Family Support Benefits As in previous years, December's family, childcare, and child-raising allowances will reach beneficiaries before Christmas, reports Világgazdaság. Families will be... 2023.12.15.
Pharmaceutical Industry a Major Contributor to the Economy’s Success The government is committed to increasing the long-term and sustainable competitiveness and performance of the Hungarian pharmaceutical industry, reports Magyar... 2023.12.15.
EU Approves Government Purchase of Budapest Airport The European Commission has approved the acquisition of Budapest Airport by Corvinus International Investment and VINCI SA, the Brussels-based body... 2023.12.14.
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.
Serbia-Bulgaria Gas Interconnector to Boost Hungary’s Energy Security in the Future The Serbian, Bulgarian, and Azerbaijani Heads of State, as well as the head of the European Union mission in Belgrade,... 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.
Budapest Airport Expansion on the Horizon: Third Terminal to Be Built Hungary wants to include the Qatar Investment Authority in the consortium the government is forming to buy Budapest Airport. The... 2023.12.13.
Economist Gábor Horváth Named Fiscal Council President for Six-Year Term Economist and risk management expert, Gábor Horváth was appointed as President of the Fiscal Council with a mandate from January... 2023.12.13.
Another Legal Amendment for the State Takeover of Budapest Airport Following the repurchase of Budapest Liszt Ferenc International Airport by the state, its operation and related services will be provided... 2023.12.13.
Mission of the Defense Forces in Iraq Extended until 2025 to Curb Terrorism A law was passed on the extension of the Defense Forces' mission in Iraq and the participation in the Balkan... 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.
Honey Origin Labeling to Become Mandatory in the EU Following Hungarian Proposal On Hungary's initiative, EU agriculture ministers have agreed that in the future it will be compulsory to indicate the origin... 2023.12.12.
Budapest Physics Researchers Develop Innovative Quantum Device Experts at the HUN-REN Wigner Research Center for Physics are developing a new generation of quantum microscopes in the framework... 2023.12.12.
Fuel Prices Continue to Fall Significant fuel price drop anticipated on Wednesday, holtankoljak.hu reports. The price of petrol is set to decrease by 9 gross... 2023.12.11.
