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Dubai Billionaire Khalaf Al Habtoor Praises Hungary, Hints at Potential Investments

‘The Hungarian government is open to both the East and the West. They do not adopt a political stance, which is commendable; it allows them to maintain open and honest relations with everyone and even forge friendships with all,’ Dubai…

Orbán and Spajić Affirm Strong Hungary–Montenegro Ties in Budapest Meeting

Hungarian Prime Minister Viktor Orbán met with his Montenegrin counterpart, Milojko Spajić, in Budapest, discussing shared goals in EU enlargement and enhancing bilateral trade. Orbán reaffirmed Hungary’s commitment to supporting Montenegro’s EU accession, while both leaders welcomed deeper economic ties,…
The city centre of Belgrade viewed from the Danube (Pixabay)

EU Enlargement and Energy Security — The Hungary–Serbia Relationship

Prior to the start of Hungary’s current presidency of the Council of the EU, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó stated that the country plans to initiate the opening of a new chapter in accession negotiations with…
Hungarian Ambassador to China Máté Pesti, Ministry of Foreign Affairs and Trade State Secretary Levente Magyar, Fujian Province Vice-Governor Wang Yongli, Deputy Mayor of Xiamen Hunag Xiaoju, Deputy Director General in Charge of European Affairs of the Chinese Ministry of Trade Wang Jinsung, and HEPA CEO Gábor Jenei cut the ribbon at the inauguration ceremony of the Hungarian pavilion at the China International Fair for Investment and Trade in Xiamen, China on 8 September 2024.

Hungary Showcases Economic Strength at International Fair in Xiamen

The 24th China International Fair for Investment and Trade, which opened on Sunday, features a significant Hungarian presence. The event presents an excellent opportunity for Hungarian companies to attract the attention of investors, according to a statement by the Ministry…

HELL Energy Initiates Legal Action Against Forbes over Data Privacy Violations

Hungarian energy drink company HELL sued Forbes Hungary in 2019 to prevent the publication of its owners’ personal information in the magazine’s annual special edition listing the 50 richest Hungarians. A temporary court order required the publisher to recall the…
Beijing skyline (Pixabay)

Hungary Eyes Battery Recycling Investment from China

During his recent visit to China Minister of National Economy Márton Nagy highlighted the importance and role of establishing contact with companies that, beyond battery recycling, actively support the implementation of sustainable and environmentally friendly recycling technologies, as well as…

How Can Startups Succeed in International Markets? — Experts Share Their Insights at MCC Feszt 2024

In the process of international expansion, many fundamentally successful businesses and start-ups falter. What is the reason and how can companies successfully break into foreign markets? These were the questions addressed in a vibrant panel discussion on the second day…

Hungary Set to Become Self-Sufficient in 30mm Ammunition with New Várpalota Factory

The munitions manufacturing facility at the Várpalota Defence Industrial Complex, operated in partnership with German Rheinmetall, will contribute to reducing Hungarian dependence on supply chains, Minister Szalay-Bobrovniczky stated at the inauguration ceremony on Monday….
One of the twin tunnels along the M85 expressway in north-western Hungary on 17 July 2024.

Hungary’s First Purely State-Funded Expressway Tunnel Completed

The Minister highlighted that this is the first expressway tunnel in Hungary to be realized purely through state investment. Following the trial operation of the Bécsi Hill tunnel, part of one of the largest domestic road construction projects of the…

€15 Million BMW Software Development Tender Won by Hungarian Firm

The Gloster Group announced on Wednesday that it won BMW’s €15 million industrial software development contract through a multi-round international tender….

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