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investment

Government Makes Bid for Majority Ownership of Budapest Airport

Previously, there were discussions of buying out the airport with the participation of Hungarian private investors and major corporations, but despite reportedly advanced negotiations, the transaction was postponed in 2021 citing unfavourable Hungarian and international financial conditions….

Moody’s: Hungary’s Outlook Remains Stable

The credit rating agency expects a three per cent economic growth in Hungary next year, supported by strong exports, a high investment rate, and rising real wages….

Urban Agglomeration Model Highlighted at Inauguration of New School in Biatorbágy

According to Minister of Construction and Transport János Lázár, in the new Hungarian settlement type of the 21st century the countryside merges with the metropolis….

First Wave of Railway Developments Completed Near Debrecen

According to Minister Szijjártó, Hungary has undoubtedly become a leader in the continuously advancing automotive industry transformation, and the city of Debrecen has turned into an important global centre for the sector….
Hungarian Foreign Minister Péter Szijjártó at the Tranzit festival in Tihany on 26 August 2023.

Péter Szijjártó: Our Time has Come

‘And here we come. Our time has come because by becoming the meeting point of Eastern and Western investments, we provide a life insurance for Hungary, we provide a guarantee that in the coming years, Hungary will be the winner…

Measures Increase Interest toward Government Bonds

The Ministry of Economic Development said in a statement that the increased demand for government bonds has both directly and indirectly improved the government’s self-financing capability, reduced government interest expenditures, and managed to preserve the real value of citizens’ savings….
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….

Tokaj Wine Region Settlement Vineyards Now Accessible on Renovated Road

According to Chief of the Prime Minister Office Gergely Gulyás, the developments in Tarcal are clear evidence of the rapid growth of the Tokaj region, and consequently, the whole country. He added that the nearly 620 million forints worth of…
Ikarus electric buses of the Volán fleet.

Electric Fleet Expansion Puts Volánbusz on Course for Eco-Friendly Operation

By replacing diesel-powered vehicles, Volánbusz’s electric fleet eliminates approximately 5,500 tonnes of carbon dioxide annually, equivalent to the annual carbon dioxide emissions of 2,000 passenger cars….

Péter Szijjártó Holds Talks with Kyrgyz Counterpart

The minister advocated for strengthening ties between the European Union and Central Asia, urging the prompt signing of the EU-Kyrgyzstan Enhanced Partnership and Cooperation Agreement, which was initialled in 2019….

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