Environment

Initiatives

Varga to propose NAV changes by March 31

Hungary’s National Economy Minister Mihály Varga will be required to submit a proposal on the new organizational structure of the...

Recycling

Following approval, Paks to switch to 15-month fuel cycle

Hungary’s sole nuclear power plant Paks will switch to a 15-month fuel cycle from its current 12-month cycle, as it...

Initiatives

MNKH signs €25 mln cooperation agreement with Mongolia’s capital

The Hungarian National Trading House (MNKH), set up by the Hungarian state to find new opportunities for Hungarian companies on...

Initiatives

Demographic trends pose challenges for growth and the labor market

By 2060, the old-age dependency ratio may double in Hungary compared to what it is at present, and the burdens...

Initiatives

FHB board proposes mandate to raise capital by more than two-thirds

The board of FHB Mortgage Bank will ask shareholders for a two-year mandate to raise capital to 67.5% at an...

Recycling

Zöld Levegő develops catalytic converter as part of HUF 886 mln R&D project

Hungaryʼs Zöld Levegő Project has developed a catalytic converter that can reduce bus emissions by 80-90% as part of an...

Recycling

INA signs $300 mln revolving credit facility agreement

Croatian oil and gas company INA, a subsidiary of Hungaryʼs MOL, signed a $300 million long-term multi-currency revolving credit facility...

Recycling

Continental celebrates 20th anniversary in Hungary

The Hungarian plant of German automotive manufacturer Continental celebrated its twentieth anniversary in Makó Hungary last month, according to an announcement...

Recycling

Court ruling on Kurdistan gas field compensation good news for MOL

The London Court of International Arbitration has ruled that Kurdistanʼs regional government must pay $1.98 billion in compensation to an...

Initiatives

Report: Hungaryʼs education spending half of OECD average

According to the “Education at a Glance 2015: OECD Indicators” report on Hungary published by the OECD yesterday, Hungary spends...

Initiatives

MNB looks to encourage mid-sized companies to enter bourse

The National Bank of Hungary (MNB) should provide some sort of incentive to medium-sized firms to list themselves on the...

Recycling

Rosatom to host two-day nuclear forum in Budapest

Russian nuclear energy company Rosatom is scheduled to host the Atomex-Europe nuclear industry suppliersʼ forum in Budapest between November 30...

Recycling

Rosatom tunes in to debate on Paks upgrade

Russian nuclear energy company Rosatom is following the debate on Hungaryʼs planned upgrade of its sole nuclear power plant in...

Recycling

Hungary’s Audi produces its 3-millionth 6-cylinder engine

The three millionth six-cylinder engine rolled out of the Hungarian unit of German car manufacturer Audi today in Győr, the...

Recycling

Report: EC to suspend Paks upgrade over lack of tender

The European Commission is expected to suspend procurement related to construction of two new reactors at the Paks nuclear plant...

Pollution

Dongwha Plant’s Environmental Permit Revoked in Hungary

The environmental permit for South Korea’s Dongwha electrolyte manufacturing and NMP recycling plant in Sóskút has been revoked following an...

Environment

Hungary Introduces Water Restrictions in 629 Settlements

In response to the extreme heat and drought in Hungary, first-degree water restrictions have been introduced in 465 settlements, according...

Recycling

Alteo Starts Trial Run at New DRS Waste Processing Plant

Alteo Group will significantly increase its processing capacity for returned beverage packaging from this summer, with the launch of trial...

Environment, Business, Initiatives

BCSDH Breakfast Links Sustainability Award to Promoting Scalable Business Change

The Business Council for Sustainable Development in Hungary used its Sustainable Future Inspiration Breakfast on May 6 to shift the...

Environment

Meet the Hungarian Professor Working to Restore the Danube

Research professor Tibor Erős talks to the BBJ about his career as a biologist and ecologist, detailing his passion for...

Environment

Questions Arise About Toxic Exposure at Samsung Göd, Company Denies Media Reports

In 2023, Hungary’s government secretly ordered the Constitution Protection Office, the National Information Center, and intelligence agencies to investigate the...

Pollution

Air Quality Deteriorating in Several Parts of Hungary

A high concentration of airborne dust particles is further deteriorating air quality in several parts of Hungary, the National Public...

Initiatives

Gov’t Calls Tender to Support Creation of Wetland Habitats

The gov't is calling a HUF 12.8 billion tender to support the development of natural wetland habitats, contributing to long-term...

Dongwha Plant’s Environmental Permit Revoked in Hungary

The environmental permit for South Korea’s Dongwha electrolyte manufacturing and NMP recycling plant in Sóskút has been revoked following an...

CATL Hungary Fined HUF 10 mln Over Environmental Permit Violations

The Debrecen plant of Chinese battery maker CATL violated several provisions of its environmental use permit and was fined HUF...

Hungary Introduces Water Restrictions in 629 Settlements

In response to the extreme heat and drought in Hungary, first-degree water restrictions have been introduced in 465 settlements, according...

Hungary Reviews Battery Plants’ Emissions, Water Use and Waste Management

A nationwide inspection program covering the full operating chain of Hungary’s battery industry began Aug. 1, Minister of the Living...

Alteo Starts Trial Run at New DRS Waste Processing Plant

Alteo Group will significantly increase its processing capacity for returned beverage packaging from this summer, with the launch of trial...

Budapest Water Supply ‘Stable’ Amid Heatwave

The water supply of Budapest is "stable", the city is in a position to help out settlements around the capital...

Budapest Proposes Tiered Water‑fee System to Cut Waste

Budapest is calling for a reform of Hungary’s water-pricing system, proposing free basic household consumption and progressively higher rates for...

Hungarian Environmental Protection Authority Initiates Proceedings Against CATL

The environmental protection authority has initiated proceedings against Chinese-owned CATL as the company illegally discharged green-colored liquid from a sewer...

BCSDH Breakfast Links Sustainability Award to Promoting Scalable Business Change

The Business Council for Sustainable Development in Hungary used its Sustainable Future Inspiration Breakfast on May 6 to shift the...

Meet the Hungarian Professor Working to Restore the Danube

Research professor Tibor Erős talks to the BBJ about his career as a biologist and ecologist, detailing his passion for...

Questions Arise About Toxic Exposure at Samsung Göd, Company Denies Media Reports

In 2023, Hungary’s government secretly ordered the Constitution Protection Office, the National Information Center, and intelligence agencies to investigate the...

Hungary DRS manages More Than 3 bln Returns in 2025

Hungary's deposit-return system (DRS) managed the return of over 3 billion bottles and cans in 2025, Mohu, a unit of...

Air Quality Deteriorating in Several Parts of Hungary

A high concentration of airborne dust particles is further deteriorating air quality in several parts of Hungary, the National Public...

Gov’t Calls Tender to Support Creation of Wetland Habitats

The gov't is calling a HUF 12.8 billion tender to support the development of natural wetland habitats, contributing to long-term...

Mohu’s Recycling Success Met With Bitter Irony by Large Retail Partners

Hungary’s deposit return system (DRS) on beverage packaging is an “internationally recognized” success, according to Mohu, the monopoly operator, but...