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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….

Government Factory Rescue Programme Supported 25 Companies

The minister recalled that the Factory Rescue Programme was launched by the government following the outbreak of the conflict in Ukraine, to enable domestic companies to strengthen their independence from the highly unpredictable fluctuations of international energy markets and to…
Youth at the 32nd Tusványos Summer Festival on 18 July 2023.

Hell Energy Develops New Energy Drink Using Artificial Intelligence

The recipe is kept secret and stored on a computer with high-level security measures, with a backup copy being held in a Swiss vault, the Hungarian energy drinks company highlighted in a statement….
Mihály Varga speaking at the Gombaszög Summer Camp on 15 July 2023.

Mihály Varga Discusses Positive Outlook of Hungarian Economy

Enumerating the factors strengthening the positive outlook for the economy, the Hungarian finance minister stated that the country’s export performance is very good, and in terms of population, Hungary ranks 94th among the countries of the world, while it stands…
Site preparation work being carried out on the site of the future CATL battery factory.

Debrecen Battery Factory Faces Legal Issues

The environmental permit of CATL, which has significant water and energy requirements, was challenged in court by six private individuals and two civil organisations….

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