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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….

Hungarian Company Hell Energy to Invest Over $200 Million in Azerbaijan

The facility aims to produce 700–800 million aluminium beverage cans annually, with approximately half of them filled, mainly to meet the demands of local and regional third-party brands. Additionally, the company plans to serve its own local and regional markets…

University of Debrecen Signs Agreement with BMW Group

‘University of Debrecen Foundation Board of Trustees chairman György Kossa said that when two global brands, BMW and DE, come together, it sends a strong message to the students studying at the university, and to the residents of the region…

Government Aims to Lead Europe in Employment Rates from 2030

Sándor Czomba stated that since 2010, the number of employed people has increased from 3.7 million to 4.7 million, thus achieving one of the government’s commitments to create one million new jobs in ten years….

ELTE Signs Agreement with Japanese Pharmaceutical Manufacturer

The collaboration between the Hungarian University and JASCO, focusing on pharmaceutical development, is in a promising area. The goal is for Hungary to become one of Europe’s top ten and the world’s top twenty-five innovators by 2030….
Government spokesperson Alexandra Szentkirályi speaking at the inauguration of the new MVM solar plant in Szeged.

Spokesperson: Government Continues to Work Toward Energy Security

During the inauguration of a new solar power plant established by the MVM Group, Alexandra Szentkirályi stated that due to the war in Ukraine and the imposed sanctions, a very challenging energy situation has emerged. Therefore, the government’s most important…

High-Tech Industries Serve as the Backbone of Hungarian Economics

Márton Nagy described Hungary’s achievements in technology and knowledge transfer as remarkable. According to the Global Innovation Index, Hungary ranks 7th in terms of the utilisation of knowledge in the local economy….

Hungarian Magnus Aircraft Invests in Manufacturing in China

After the completion of the investment, the Chinese–Hungarian joint venture, Jiangsu Magnus Aircraft Manufacturing, is expected to create a total of 300 jobs, with Hungarian employees playing a leading role….

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