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Green Vehicle Revolution: Hungary’s Surge in Electric Cars Doubles in 2023

Last year, 22,651 vehicles with official green markings were registered domestically, making 2023 another record year, surpassing the nearly 21,000-unit expansion peak in 2022….

Hungary Launches Programme to Support Businesses in Acquiring Electric Vehicles

According to the Ministry of Energy’s plans, domestic enterprises can apply for non-refundable state support from a budget of 30 billion HUF for the purchase of purely electric cars, light trucks, or minibuses….

Hungarian-American Chamber of Commerce Commences Operations in Chicago

The establishment of the Hungarian-American Trade Chamber–Chicago was underscored as a pivotal moment in promoting Hungarian-American economic collaboration….

Hungary’s Defence Minister Calls for Further Strengthening of Defence Industry at Conference in Budapest

Speaking at a conference on defence industry supplier development held at the Bálna Defence Centre, Kristóf Szalay-Bobrovniczky pointed out that in pursuit of advancing the defence industry, strategic agreements have been concluded with several major international players, including German, Norwegian,…
Worker hands in protective gloves grinding with electric wheel on metal.

Government Remains Committed to Protecting Jobs

Based on the latest data, nearly 4.8 million people are employed in Hungary, and the unemployment rate stands at 3.8 per cent, well below the EU average. The data reflects that the Hungarian labour market remains tight, and employment is…

Survey Shows Hungarians Feel Their Jobs Are Safer Now than Last Year

The CEO of BNP Paribas Cardif, Márk István Kiss, noted in the press release presenting the results of the survey that the rising prices and the challenging economic situation have not significantly impacted labour market processes, and the mood of…

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