September 6, 2022
KIA Hungary – Electric vehicle market leader
The South Korean brand KIA continues to lead the electric vehicle market in Hungary this year, with a 12.3% share of the market.
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September 5, 2022
Planning permission for nuclear power plant Paks 2
The Paks 2 nuclear power plant has now received planning permission from the Hungarian Atomic Energy Authority.
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September 2, 2022
Balluff Group opens new office in Budapest
Balluff Group – a German family-owned company – has opened a new development office in Budapest after Veszprém and Csetény.
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August 31, 2022
MÁV-Start – Hydrogen-powered trains
Railway company MÁV-Start has launched market research for the procurement of hydrogen-powered multiple units.
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August 30, 2022
Corvinus project – Unconventional Nyékpuszta natural gas field
The Corvinus project of the unconventional Nyékpuszta natural gas field in Békés county has been declared a priority investment.
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August 29, 2022
Labor market – More and more workers from third countries
The government is systematically relaxing the conditions for workers from third countries outside the EU.
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August 26, 2022
4iG and Hungarian state to take over Vodafone Magyarország
4iG Nyrt., the Hungarian State and Vodafone Group have agreed heads of terms for the sale of a 100% stake in Vodafone Magyarország.
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August 24, 2022
GDP – Surprisingly high increase in economic performance
Hungary’s gross domestic product increased by 6.5% in the second quarter of 2022 compared to the corresponding period of the previous year.
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August 23, 2022
S&P – Hungary outlook revised to negative
S&P Global Ratings affirmed Hungary’s ‘BBB/A-2’ sovereign rating, but revised the outlook to negative from stable.
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August 22, 2022
ARELGAS Kft. – First LNG shipment to Hungary
The first LNG shipment has arrived from the Croatian import terminal in Krk to Hungary. This will add a new mode and route to the domestic gas supply chain.
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