National Bank Increases Gold Reserves to a Record High In view of Hungary's long-term national and economic strategic goals, the Hungarian National Bank (MNB) decided to increase its gold... 2024.10.01.
BYD Szeged: Focus on Local Workforce and Cooperation The Chinese BYD will create thousands of jobs with its investment in Szeged, southern Hungary, and will focus on local... 2024.09.30.
75 Years of Diplomatic Relations: “China not a Threat, but an Opportunity” The broadening of relations and deepening of our cooperation with China is not a threat, but an opportunity, the successful... 2024.09.27.
Hungary Moves up Two Places in Global Wealth Ranking Global household financial wealth grew by 7.6 percent in 2023, offsetting losses from the previous year, according to the newly... 2024.09.25.
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.
Developing Economic Cooperation with Russia is “Vital for National Interest” Expansion of the Paks nuclear power plant, an important area of Hungarian-Russian cooperation. It is in the national economic, security... 2024.09.23.
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.
Competition Authority Investigates Dutch Giant SPAR The Hungarian Competition Authority (GVH) is investigating the implementation of the commitments made by SPAR Hungary in a follow-up investigation,... 2024.09.17.
Net Wage Boom Expected in 2025 Wage outflows in the Hungarian economy may remain strong, with the expected increase in the minimum wage firmly supporting double-digit... 2024.09.10.
Area Damaged by Drought Increases Significantly Last week saw a significant increase in the area declared as drought-damaged, with hundreds of thousands of hectares already showing... 2024.08.29.
We are Wasting 100 Megawatts of Solar Energy Daily Over a hundred megawatts of solar energy, one fifth of the output of a Paks reactor, is lost every day... 2024.08.29.
Spanish ‘Nyet’ for the Hungarian Takeover of Train Manufacturer Talgo The Spanish government will not approve the sale of the Spanish train manufacturer Talgo to the Hungarian company Ganz-MaVag Europe,... 2024.08.29.
Economic Issues to Be the Focus of This Year’s Political Festival in Tihany The Tranzit Festival will be held again in Tihany, on the northern shore of Lake Balaton, with the usual series... 2024.08.23.
After Taking the Lead in Battery Production, the Government’s new Goal is Recycling SungEel HiTech Hungary's plant in northern Hungary. On Wednesday, Minister for National Economy Márton Nagy received Kang-Myung Yi, the top... 2024.08.22.
Consumption Continues to Expand for the Sixth Month in a Row Based on the latest data from the Hungarian Central Statistical Office, the volume of retail sales increased by 2.6 percent... 2024.08.07.
Environmental Impact Assessment to Be Mandatory for Battery Factories The government will make it compulsory for all those involved in the production of all types of batteries and their... 2024.07.22.
Battery Industry Accounts for 5.5 percent of the Country’s GDP CATL, a global leader in battery manufacturing also present in Hungary The battery industry currently accounts for 5.5 percent of... 2024.07.01.
Harvesting Begins across the Country, Watch out on the Roads Harvesting is underway throughout the country, meaning that there are more agricultural machinery on the road, requiring increased attention from... 2024.06.29.
Korean Firms Looking to Expand Car Battery Recycling in Hungary SungEel HiTech's waste recycling plant in northern Hungary On Thursday, Minister for National Economy Márton Nagy received in his office... 2024.06.28.
Foodstuff Price Levels in Hungary Close to EU Average "If we do not compare specific products, but the price of a general basket of goods with prices abroad, the... 2024.06.26.
Basic Foodstuffs Become Cheaper, Meat and Egg Prices Fall Fresh chicken prices have fallen by at least 5-10 percent, while processed turkey prices have fallen at an even faster... 2024.06.24.
