Hungary

E-cig traders to receive damages for lost earnings

Hungarian entrepreneurs who were left out of pocket due to the nationalisation of tobacconists finally look set to receive compensation…

3 years ago

Ex-Croatia PM, MOL chief get jail terms for INA bribery case

Croatia's Supreme Court sentenced MOL chairman-CEO Zsolt Hernadi and the country's former prime minister Ivo Sanader to prison sentences for…

3 years ago

Hungary’s first fully electric car rolls off the line in Kecskemét

Daimler AG has begun production of a purely electric model, the Mercedes-Benz EQB, at its Mercedes plant in Kecskemét, Hungary.…

3 years ago

Hungary closes in on Budapest airport takeover

After years of circling Hungary's main airport, Prime Minister Viktor Orban finally declared the state’s intention to purchase Budapest Liszt…

3 years ago

OTP Bank, Hungary government team up for ‘supercomputer’ project

Hungary's Ministry of Innovation and Technology and Hungary's largest commercial bank OTP will collaborate to create Europe’s largest supercomputer, minister…

3 years ago

There is little alternative to Russian gas for Eastern Europe – Hungary signs 10+5-year deal

Russian state-owned Gazprom and Hungarian energy group MVM signed a ten-year gas-supply agreement at the end of August. Under the deal,…

3 years ago

V4 vie to attract VW battery plant

Volkswagen will decide on the location of a new battery cell plant in Central and Eastern Europe in the first…

3 years ago

Mayor Peter Marki-Zay wins primary vote to run against PM Orban in spring 2022

Peter Marki-Zay, the 49-year-old conservative mayor of Hodmezovasarhely, south Hungary, was announced as the winner of the Hungarian opposition primaries…

3 years ago

CEE capitals becoming ‘victims of own success’

Slovakia's capital city Bratislava is having difficulty getting EU funding after the rapid rise in its GDP per capita in…

3 years ago

Estonia first in Europe for house price rises since 2010, as CEE dominates top ten list

House prices have more than doubled in Estonia and Hungary over the last decade, according to a Eurostat survey that…

3 years ago