Hungary

New research delves into Hungary’s AI use

Hungarian companies do not excel in the field of innovation, but they take the digital transition seriously, according to new…

11 months ago

Albania tops region for sustainable energy mix

The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1…

11 months ago

Bulgaria shelves energy tax on Gazprom after pressure from Hungary

The Bulgarian Parliament, with cross-party support, swiftly abolished a special tariff on Russian transit gas this week, after Hungary threatened…

11 months ago

Chinese vehicle maker BYD plans plant in Szeged

After months of speculation, Hungarian Foreign Minister Peter Szijjarto announced that China's BYD will build its first electric vehicle (EV)…

11 months ago

Ukraine, Moldova become EU accession candidates as Scholz sends Orban out of room for vote

EU leaders voted to begin accession negotiations with Ukraine and Moldova, at a historic summit in Brussels on Thursday 14…

11 months ago

Budapest holds fourth climate summit

The fourth Budapest Climate Summit on December 4, brought together over 40 speakers from 25 countries to discuss climate change…

11 months ago

Hungary firm buys major stake in Auchan

Hungary’s Indotek Group acquired a 47% stake in the French grocery hypermarket chain Auchan last week. Group founder-owner Daniel Jellinek,…

12 months ago

Fico calls Ukraine ‘frozen conflict’

Slovak Prime Minister Robert Fico has reiterated his stance that Russia's war with Ukraine is insoluble, stoking fears that he…

12 months ago

Hungary may receive billion euros from EU

The European Commission (EC) proposed a shortcut for Hungary to nearly EUR 1bn from its revised national recovery plan on…

12 months ago

CEE inflation eases, but V4 still EU outliers

Hungary remained the EU's most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released…

12 months ago