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investment

Nearly 200,000 Computers Provided to Hungarian Students through Government Programme

In the first two phases of the nationwide laptop programme launched in 2022, 260,000 portable computers were provided free of charge to upper-grade students, teachers, and educational institutions. From this week until the beginning of the summer break, an additional…

Government Presses Forward with Airport Repurchase Contrary to Misleading Press Reports, Ministry Says

A Ministry of National Economy statement released on Wednesday confirmed that the repurchase of the Ferenc Liszt International Airport continues to progress as scheduled, as opposed to press rumours….
A Stadler FLIRT train on the Southern train bridge over the Danube in Budapest on 19 May 2023.

Stadler Partners with GYSEV to Introduce FLIRT Intercity Trains in Hungary

The signed contract consists of a basic order for nine vehicles and options for up to four additional vehicles. GYSEV has three months from the contract’s start to decide how many option trains to order from Stadler….

Foundation Stone of Rheinmetall’s New Factory Laid in Szeged

Head of Rheinmetall Power Systems division Christoph Müller noted at the ceremony that Szeged will be the group’s first hybrid site, where the civil business and defence technology activities will operate under one roof. The initial step will be the…

Government Expects Sustainable Growth and Competitiveness in 2024

Minister for National Economy Márton Nagy presented the new competitiveness strategy for 2024⁠–⁠2030 adopted by the government at a press conference held in Budapest on Monday. According to him, economic growth between 2 to ⁠3 per cent is expected this…

Restoration of Medieval Castles and Fortresses Continues

The once-forgotten, dusty, and dilapidated sites of Hungary are gradually reopening, providing entertainment, culture, and educational opportunities for visitors and income from tourism for local residents….
An AirAsia plane at the Langkawi International Airport.

AirAsia Launches Direct Flights between Bangkok and Budapest Amid Growing Tourism

Following talks with his Thai counterpart, Minister of Foreign Affairs and Trade Péter Szijjártó revealed that tourist traffic between the two countries has doubled, with more than 10,000 Thai tourists visiting Hungary last year, while more than 30,000 Hungarians travelled…

Budapest Municipality Seeks Public Input on Planned Investment

At a press conference titled Park City or Rákosdubai, Budapest Mayor Gergely Karácsony stated that in April they will launch a month-long online voting process where every Budapest resident over the age of 14 with a registered address can express…

Wizz Air Introduces Environmentally Friendly Airbus A321neo to London–Luton Base

The two-hundredth aircraft has arrived at Wizz Air, reducing the average age of the airline’s fleet to 4.2 years. The new Airbus A321neo model is joining the London–Luton airport base, the company announced….

Franz Xaver Bucher Frescoes Discovered in Veszprém Castle Quarter

According to the announcement, during restoration work in the Veszprém Castle, a painting showing the Evangelist Luke was found in the St Emeric Church, while a figure depicting an Austrian soldier was discovered in the Tejfalusy House, a building that…

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