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MCC Acquires the Libri Group

The Libri Group is a key player in the Hungarian book retail and publishing market. The group’s significant member, Libri Könyvkereskedelmi Kft., serves millions of customers annually through its nationwide network of 57 bookstores and its online store….

Rolls-Royce to Invest in Future-Oriented Development in Hungary

During the announcement of Rolls-Royce’s new research and development investment, the minister highlighted that the company will design the tools necessary for the transportation of the future in its Budapest centre, including components for hybrid and electric aircraft and systems…

Pepsi Production Returns to Hungary Next Year

The organisation is doing everything to bring Pepsi back home. Balogh stated that the newly inaugurated Szentkirályi PET bottling line is capable of creating Pepsi products, but further investments are needed, such as establishing a water purification base and a…

Rheinmetall Central European Leader: The Long-term Strategic Visions of Hungary and Rheinmetall Are Almost Identical

Rheinmetall is one of the few companies of its type with a proven track record of successful localisation projects. But that is only part of the story. Equally important was the trust that was built between the German corporation and…

Schools of the Future: Investments Into Hungarian Public Education

At the inauguration ceremony of a new wing of a school building in Mór, Fejér County, minister of state for Public Education Zoltán Maruzsa stated that ‘the schools of tomorrow cannot be the same as the schools of yesterday’….

The Longest Metro Line of Budapest is Fully Operational Starting Today

At the handover of the last renovated stations of the M3 metro line, Minister for Regional Development Tibor Navracsics reiterated that the investment is important not only for Budapest and Hungary, but also for the European Union. The collaboration between…

Viktor Orbán Boasts Road Construction by Driving Along New Stretch with Local MP

Viktor Orbán announced on social media that the renovation of Road 37 between Gesztely and Szerencs has been completed, and thus the speed limit has been increased. He also encouraged drivers to use the new road confidently but drive cautiously….

Szijjártó: The EU Will Lose Out if it Views China as a Rival

‘If the European Union views China as a rival, it will lose out. It has become evident in recent years that China has a competitive advantage in many areas of the economy,’ the minister declared. He emphasised that if the…

Hungary at the Forefront of Digitalisation

Péter Szijjártó stated that one of the main pillars of the government’s foreign economic strategy is the economic relationship with China. ‘Companies like Huawei, which not only invest and create jobs in Hungary but also share technological knowledge and actively…

Viktor Orbán: Hungary and Brussels Together Could Achieve Great Things

The prime minister said that Veszprém’s performance shows that when Brussels bureaucrats manage to defeat their ‘well-developed Hungarophobia,’ then together, Hungary and Brussels can achieve great things….

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