Business

Automotive

Automotive Sector Output Edges up 1.6% in February

The output of the automotive industry, Hungary's biggest manufacturing sector, edged up 1.6% year-on-year in February, rising after a three-month...

Automotive

Szeged Muni Council Clears Road to Service BYD Plant

The local council of Szeged (163 km southeast of Budapest) voted on a road that will service an electric vehicle...

Automotive

Automotive Faces a Bumpy Road Ahead Again in 2024

Automotive in Hungary had a tough but successful year in 2023. The near future looks equally challenging; will it be...

Automotive

Close to 2,500 Companies Apply for EV Subsidies

Close to 2,500 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, the Energy Affairs...

Residential

Energia21 Members Welcome Gov’t Home Renovation Scheme

Members of Energia21, an initiative to accelerate the transition to a green economy, welcomed the recent announcement of a subsidy...

Deals

NiT Hungary, MKIF Sign Coop Deal for Road Safety

This week, the Federation of National Private Transporters (NiT Hungary) and MKIF Hungarian Concession Infrastructure Development Plc. (MKIF) signed a...

Transport

China Southern Airlines to Launch Budapest-Guangzhou Flight

China Southern Airlines will launch a flight between Budapest and Guangzhou, Minister of Foreign Affairs and Trade Péter Szijjártó said...

Automotive

Green License Plate Registrations on the Rise in March

The number of vehicles with green license plates in Hungary reached a peak in March, the Ministry of Energy Affairs...

Fintech

Hungary Transposes EU Rules on Markets in Crypto-assets 

Hungarian MPs approved legislation transposing European Union regulations and directives on markets in crypto-assets into national law on Wednesday, according...

HR

Wages at BUD Group up 55% in 2 Years

Due to wage increases over the past two years, implemented in line with inflation and the changes in the economic...

Deals

BKM Acquiring E.ON’s Share in Capital’s Public Lighting

BKM Budapest Public Utilities Nonprofit will acquire E.ON Hungária's 50% stake in BDK Budapest Decorative and Public Lighting, according to...

Manufacturing

Estonia Industrial Output Drops in February

Estonia’s industrial production dropped 5.7% year-on-year in February, marking the 18th consecutive month of contraction, although easing from a downwardly...

Transport

MOL Bubi Bike Share Scheme Set to Double in Size

The fleet of Budapest's MOL Bubi bike-sharing scheme, operated by the Budapest Transport Center (BKK) with the support of Hungarian...

Manufacturing

Construction of New Mercedes Unit in on Schedule

The construction of the new Mercedes factory in Kecskemét is proceeding according to the original schedule, the Minister of Foreign...

Telco

Kermann IT Solutions Shares to Start Trading on April 10

Shares of Hungary's Kermann IT Solutions will start trading on the Budapest Stock Exchange's Xtend platform, tailored to SMEs, from...

Automotive

Automotive Sector Output Edges up 1.6% in February

The output of the automotive industry, Hungary's biggest manufacturing sector, edged up 1.6% year-on-year in February, rising after a three-month...

Automotive

Szeged Muni Council Clears Road to Service BYD Plant

The local council of Szeged (163 km southeast of Budapest) voted on a road that will service an electric vehicle...

Automotive

Automotive Faces a Bumpy Road Ahead Again in 2024

Automotive in Hungary had a tough but successful year in 2023. The near future looks equally challenging; will it be...

Automotive

Close to 2,500 Companies Apply for EV Subsidies

Close to 2,500 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, the Energy Affairs...

Residential

Energia21 Members Welcome Gov’t Home Renovation Scheme

Members of Energia21, an initiative to accelerate the transition to a green economy, welcomed the recent announcement of a subsidy...

Deals

NiT Hungary, MKIF Sign Coop Deal for Road Safety

This week, the Federation of National Private Transporters (NiT Hungary) and MKIF Hungarian Concession Infrastructure Development Plc. (MKIF) signed a...

Transport

China Southern Airlines to Launch Budapest-Guangzhou Flight

China Southern Airlines will launch a flight between Budapest and Guangzhou, Minister of Foreign Affairs and Trade Péter Szijjártó said...

Automotive

Green License Plate Registrations on the Rise in March

The number of vehicles with green license plates in Hungary reached a peak in March, the Ministry of Energy Affairs...

Fintech

Hungary Transposes EU Rules on Markets in Crypto-assets 

Hungarian MPs approved legislation transposing European Union regulations and directives on markets in crypto-assets into national law on Wednesday, according...

HR

Wages at BUD Group up 55% in 2 Years

Due to wage increases over the past two years, implemented in line with inflation and the changes in the economic...

Deals

BKM Acquiring E.ON’s Share in Capital’s Public Lighting

BKM Budapest Public Utilities Nonprofit will acquire E.ON Hungária's 50% stake in BDK Budapest Decorative and Public Lighting, according to...

Manufacturing

Estonia Industrial Output Drops in February

Estonia’s industrial production dropped 5.7% year-on-year in February, marking the 18th consecutive month of contraction, although easing from a downwardly...

Transport

MOL Bubi Bike Share Scheme Set to Double in Size

The fleet of Budapest's MOL Bubi bike-sharing scheme, operated by the Budapest Transport Center (BKK) with the support of Hungarian...

Manufacturing

Construction of New Mercedes Unit in on Schedule

The construction of the new Mercedes factory in Kecskemét is proceeding according to the original schedule, the Minister of Foreign...

Telco

Kermann IT Solutions Shares to Start Trading on April 10

Shares of Hungary's Kermann IT Solutions will start trading on the Budapest Stock Exchange's Xtend platform, tailored to SMEs, from...

Automotive Sector Output Edges up 1.6% in February

The output of the automotive industry, Hungary's biggest manufacturing sector, edged up 1.6% year-on-year in February, rising after a three-month...

Szeged Muni Council Clears Road to Service BYD Plant

The local council of Szeged (163 km southeast of Budapest) voted on a road that will service an electric vehicle...

Automotive Faces a Bumpy Road Ahead Again in 2024

Automotive in Hungary had a tough but successful year in 2023. The near future looks equally challenging; will it be...

Close to 2,500 Companies Apply for EV Subsidies

Close to 2,500 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, the Energy Affairs...

Energia21 Members Welcome Gov’t Home Renovation Scheme

Members of Energia21, an initiative to accelerate the transition to a green economy, welcomed the recent announcement of a subsidy...

NiT Hungary, MKIF Sign Coop Deal for Road Safety

This week, the Federation of National Private Transporters (NiT Hungary) and MKIF Hungarian Concession Infrastructure Development Plc. (MKIF) signed a...

China Southern Airlines to Launch Budapest-Guangzhou Flight

China Southern Airlines will launch a flight between Budapest and Guangzhou, Minister of Foreign Affairs and Trade Péter Szijjártó said...

Green License Plate Registrations on the Rise in March

The number of vehicles with green license plates in Hungary reached a peak in March, the Ministry of Energy Affairs...

Hungary Transposes EU Rules on Markets in Crypto-assets 

Hungarian MPs approved legislation transposing European Union regulations and directives on markets in crypto-assets into national law on Wednesday, according...

Wages at BUD Group up 55% in 2 Years

Due to wage increases over the past two years, implemented in line with inflation and the changes in the economic...

BKM Acquiring E.ON’s Share in Capital’s Public Lighting

BKM Budapest Public Utilities Nonprofit will acquire E.ON Hungária's 50% stake in BDK Budapest Decorative and Public Lighting, according to...

Estonia Industrial Output Drops in February

Estonia’s industrial production dropped 5.7% year-on-year in February, marking the 18th consecutive month of contraction, although easing from a downwardly...

MOL Bubi Bike Share Scheme Set to Double in Size

The fleet of Budapest's MOL Bubi bike-sharing scheme, operated by the Budapest Transport Center (BKK) with the support of Hungarian...

Construction of New Mercedes Unit in on Schedule

The construction of the new Mercedes factory in Kecskemét is proceeding according to the original schedule, the Minister of Foreign...

Kermann IT Solutions Shares to Start Trading on April 10

Shares of Hungary's Kermann IT Solutions will start trading on the Budapest Stock Exchange's Xtend platform, tailored to SMEs, from...