Electrolux will discontinue production at its refrigeration products factory in Nyíregyháza, in northeast Hungary, from the beginning of 2024, the Swedish appliances maker said. More >>
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Updated: No New Battery Factories In Hungary? National Referendum Initiative Submitted By LMP
- 27 Jan 2023 9:39 AM
Opposition LMP has initiated a referendum to make setting up battery plants conditional on local citizens’ consent.
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City-Owned Spas in Hungary May be Bought by Gov't
- 26 Jan 2023 12:44 PM
The government is considering a plan to expropriate spas from local governments, with the argument that they do not have sufficient finances to pay the high energy bills, Telex learned from a draft suggesting “a rethink of the ownership structure of the spas”.
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HUF 700 Billion Business Credit Scheme Launching in Hungary
- 24 Jan 2023 7:06 AM
Hungary’s government will launch a 700 billion forint (EUR 1.8bn) subsidised credit scheme for businesses from February, the ministry of economic development said.
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Cooperation With Mexico Benefits Hungarian Economy, Says FM Szijjártó
- 23 Jan 2023 10:14 AM
Hungary’s economy has benefitted a lot from cooperation with Mexico, its leading partner in Latin America, and Hungarian companies have “profited much” from Mexico’s industrial development, Péter Szijjártó, the minister of foreign affairs and trade, said on an official visit to Mexico City.
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Hungary & Ecuador To Sign Defence, Hydrocarbon Industry Cooperation Pacts
- 20 Jan 2023 10:08 AM
Hungary and Ecuador are signing a defence and a hydrocarbon industry cooperation agreement with the aim of preventing security risks and guaranteeing energy supply, Péter Szijjártó, the minister of foreign affairs and trade, said in Quito.
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Banks Ordered to Maintain ATMs in Hungary
- 20 Jan 2023 8:52 AM
The MNB has ordered banks to maintain a minimum number of ATMs in relation to the number of bank cards they have issued, in a decree published in Magyar Közlöny.
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