Hungarian Conservative

Search results: Rheinmetall

Hungary Has Become the Most Attractive Investment Location in Eastern Europe

Hungary is the most attractive investment location in the Eastern Europe and Central Asia region according to Site Selection Magazine’s Global Best To Invest. In recent years, Hungary has experienced a significant surge in investment from Eastern countries, particularly China, while Germany continues to be one of the top investors in the country.

Szeged’s Unique Use of Geothermal Energy

Hungary has the most hot springs in the European Union. The municipal government of Szeged is making a unique effort to try to utilize geothermal energy for its district heating system.

New Israeli Multi-Mission Radar Spotted in Hungary

According to press reports, an Israeli ELM-2084 multi-mission radar, also utilized as part of the renowned Israeli Iron Dome air defence system, has been sighted near a Hungarian settlement. The Hungarian Defence Forces have procured eleven of these modern systems.

A Leopard tank of the Hungarian Defence Forces.

Leopard Tanks Arrive in Hungary

At the handover ceremony Minister of Defence Kristóf Szalay-Bobrovniczky stressed that the new 2A7HU tanks, which are among the most modern globally, ‘represent a whole new world, even compared to the A4s, and are more modern than those used by the German forces.’

Defence Minister Szalay-Bobrovniczky speaks at the inauguration of the Cyperspace Operation s Centre of the Hungarian Defence Forces on 2 October 2023.

The Risks and Rewards of Hungary’s Growing Cyber Apparatus

‘What will determine whether the situation plays to Hungary’s favour or not will be the ability of its leaders to balance the concerns of its security partners with the benefits it gains from its economic ones. With its society becoming more dependent on cyber infrastructure, what is undeniable is the necessity to protect it from hostile foreign influence and manipulation. Its western allies offer the greatest opportunity to accomplish that but would likely come at the cost of its Chinese-built infrastructure.’

Firearms displayed at the Beretta booth at the National Rifle Association's Annual Meetings & Exhibits at the Indiana Convention Center on 15 April 2023 in Indianapolis, Indiana.

Italian Beretta to Manufacture Ammunition in Hungary

In the mid-2010s, the Hungarian defence industry was declared a key national economic area with the goal of providing Hungarian-made state-of-the-art defence equipment to the renewed Hungarian armed forces and make Hungary an arms exporter. Since then several major international companies have announced plans to bring their manufacturing and development capacity to the country.