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Sparkling Wine in Hungary: Industry Making Large Strides in Quality

Wine and sparkling wine consumption is declining in Europe, but in Hungary, it is fashionable to consume sparkling wine, and the industry is on the rise….
Power plant - illustration.

Bidding Phase of Two New Hungarian Power Plants to Begin Soon

The ministry emphasised that combined cycle gas turbine power plants can be built relatively quickly, have exceptionally high efficiency, low specific carbon dioxide emissions, and their capacity can be adjusted to consumption levels….

‘Hungarian Arms Into the Hands of Hungarians!’

With the recent large-scale build-up of the national defence industry, Hungary is not only ensuring its own military equipment supply, but also contributing to the development of European defence industrial capabilities and thus enhancing the EU’s security….

University of Debrecen Signs Agreement with BMW Group

‘University of Debrecen Foundation Board of Trustees chairman György Kossa said that when two global brands, BMW and DE, come together, it sends a strong message to the students studying at the university, and to the residents of the region…
Government spokesperson Alexandra Szentkirályi speaking at the inauguration of the new MVM solar plant in Szeged.

Spokesperson: Government Continues to Work Toward Energy Security

During the inauguration of a new solar power plant established by the MVM Group, Alexandra Szentkirályi stated that due to the war in Ukraine and the imposed sanctions, a very challenging energy situation has emerged. Therefore, the government’s most important…

High-Tech Industries Serve as the Backbone of Hungarian Economics

Márton Nagy described Hungary’s achievements in technology and knowledge transfer as remarkable. According to the Global Innovation Index, Hungary ranks 7th in terms of the utilisation of knowledge in the local economy….

Orbán Outlines Key Policies and Vision on the Economy at Hungarian Chamber of Commerce Event

‘Hungary must be a country that can have Hungarians do all the work that needs to be done in this country. If it’s uncomfortable or difficult, we need to pay more for it. If we have exhausted all of these…

China’s Chokehold on Solar Panel Manufacturing

China’s share in the key manufacturing stages of solar panels surpasses 80 per cent, which is a number that is set to reach 95 per cent in the coming years. As EU countries race towards their energy transition goals the…

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