Applications for the EU-funded Youth Guarantee Plus programme with a budget of almost HUF 200 billion (EUR 508.9 million) can be submitted as of April 15.

The French mechanical engineering company Alstom is investing HUF 6 billion (EUR 15.2 million) in a modern plant in Mátranovák.

In Ebes, close to the eastern Hungarian city of Debrecen, the Belgian-Hungarian WLP Group is building a logistics hall of almost 55,000 square metres.

Magnus Aircraft Zrt. laid the foundation stone for the new production hall for small aircraft in Pogány (near Pécs).

The largest plant for green hydrogen production in Central Eastern Europe was handed over in Százhalombatta.

The BMW Group factory in Debrecen and E.ON Hungária signed a contract for the construction of a 50-hectare solar park.

The leading Hungarian freight forwarder Waberer’s has successfully completed the acquisition of a majority stake in MD International.

Average gross wages at the beginning of the year were around HUF 605,000 (EUR 1,532), according to data from the Central Statistical Office (KSH).

The Monetary Council of the Hungarian National Bank (Magyar Nemzeti Bank, MNB) cut the base rate by 75 basis points to 8.25 percent.

The Hungarian subsidiary of the German Rheinmetall Group has laid the foundation stone of a new factory in the immediate vicinity of the ELI-ALPS laser center in Szeged.