The Austrian brick manufacturer Wienerberger Téglaipari Zrt. has completely modernized and automated its plant in Kőszeg with an investment of HUF 3.6 billion.

With an investment of HUF 1 billion (EUR 2.6 million) the BioTechUSA Group has expanded its production and logistics center in Szada with an automated packaging warehouse.

4iG Nyrt. and Telecom Egypt have signed a preliminary agreement on the terms of cooperation for the construction of an express subsea cable between Albania and Egypt.

Mol, Volánbusz, MÁV and Waberer’s have signed a strategic cooperation agreement for the development of hydrogen mobility.

By the end of April, the Polish oil company ORLEN will take over a total of 63 filling stations from Mol in Hungary.

Granit Bank will acquire the Hungarian leasing companies De Lage Landen Finance Zrt. and De Lage Landen Leasing Kft. from De Lage Landen International B.V..

Private households can receive non-refundable support for the generation and storage of solar power from January 15, 2024, the Ministry of Energy announced.

The new car market shrank by 3.4% to 107,720 cars in 2023, as high interest rates and rising car prices deterred many buyers.

In December 2023, consumer prices were 5.5% higher on average than a year earlier and decreased by 0.3% on average compared to November.

A “mini-Dubai” with high-rise buildings, office buildings and luxury apartments is to be built on the site in Budapest’s 16th district.