Economy Minister Summons Fuel Retailers over “Unacceptable Prices” Minister for National Economy Márton Nagy summoned representatives of Hungarian fuel retailers, i.e. representatives of the Hungarian Petroleum Association, including... 2024.07.09.
Relations with China to Continue to Develop in the Tourism Sector As part of the Hungarian EU presidential program, the EU-China Tourism Dialogue Ministerial Meeting and Conference took place in Budapest... 2024.07.04.
Fuel Prices Crawling Upwards, Government Ready to Intervene Fuel prices are once again above the average prices of neighboring countries, therefore the government will put the issue on... 2024.07.03.
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.
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.
Economy Minister Meets with Representatives of Major Battery Companies in South Korea Samsung SDI is one of the most important South Korean investors in Hungary. Minister Márton Nagy and a delegation from... 2024.06.14.
Government Disagrees with EU Tariff Plan on Chinese Electric Cars On Wednesday, the European Commission unveiled draft measures on all-electric cars imported from China. It would impose significant punitive tariffs... 2024.06.13.
Hungarian Firm to Supply Submarine Cable System to Egypt On Monday, Minister for National Economy Márton Nagy and his delegation held talks with Minister of Transport Kamel al-Wazir and... 2024.06.04.
Domestic Pharmaceutical Industry Seizes Opportunity under the Coming Hungarian EU Presidency Richter Gedeon, a Hungarian pharmaceutical giant The Hungarian pharmaceutical industry is an important high-tech industry. It plays a significant role... 2024.05.29.
Government Aims to Develop a European-level Action Plan for Green Transition Minister for National Economy Márton Nagy calls for a new approach to industrial policy that takes into account the interests... 2024.05.24.
Ministry for National Economy Sparks Initiative for Families to Purchase EVs The Minister for National Economy Márton Nagy has unveiled a comprehensive program to incentivize the purchase of EVs (electric vehicles),... 2024.05.22.
Minister for National Economy Says Hungary Fortifies Its Position as an Economic Hub "Each collaboration marks another success for the Hungarian economy, as Hungary endeavors to solidify its position as an economic hub,... 2024.05.22.
Minister Discusses Plan to Promote Electric Car Use with Heads of German Manufacturers Following his visit to Berlin in April, Minister for National Economy Márton Nagy traveled to Bavaria (southeastern Germany) and met once... 2024.05.15.
Hungary’s Economic Resilience vs. Romania’s Challenges Minister for National Economy Márton Nagy, responded to reports suggesting Romania has economically overtaken Hungary. He argues that while Romania's... 2024.05.10.
NIO Seeks Solution with Hungarian University to Battery Management Problems A meeting was held between Széchenyi István University in Győr (northwestern Hungary), NIO's European subsidiary, a pioneer company in the... 2024.05.09.
Unprecedented Price Cuts for Petrol and Diesel from Friday The government has reviewed the situation on fuel prices and acknowledged that traders have indeed aligned the prices of petrol... 2024.05.09.
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.
Government Acknowledges Voluntary Fuel Price Reduction "The government is pleased to acknowledge that fuel retailers have grasped and embraced the government's intentions, voluntarily reducing their prices,"... 2024.05.02.
Spectacular Video of the New Ferries and Catamarans on Lake Balaton The Hungarian government has published a spectacular video on the video-sharing platform Youtube, Magyar Nemzet has spotted. "The biggest development... 2024.04.29.
Fuel Prices Start to Fall after Government Considers Intervention The government is calling on fuel retailers to voluntarily adjust their prices to the regional average so that Hungarian fuel... 2024.04.25.
Minister for National Economy Proposes Government Intervention in Fuel Prices "I will propose the intervention to the government tomorrow," said Márton Nagy, Minister for National Economy, in response to questions... 2024.04.24.