• 'Big Step Taken' Towards Green Energy in Hungary

    'Big Step Taken' Towards Green Energy in Hungary

    22 Nov 2023

    The future of the Hungarian economy and environmental protection lies in green energy, and the country has taken a major step towards meeting the goals related to it with broad international cooperation, the foreign minister said. More >>

  • Revolut Urged to Set Up Subsidiary in Hungary

    Revolut Urged to Set Up Subsidiary in Hungary

    • 14 Nov 2023 12:30 PM

    The MNB has again warned Lithuania-based cross-border financial services provider Revolut to establish a Hungarian subsidiary, arguing that the growing number of the company’s clients here along with the rising number of frauds warrant such a step.

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  • Expat Entrepreneur Giacomo Pedranzini Wins Atlas Award in Hungary

    Expat Entrepreneur Giacomo Pedranzini Wins Atlas Award in Hungary

    • 14 Nov 2023 6:48 AM

    Giacomo Pedranzini took home this year's Atlas Award, established by ITL Group with the objective of recognizing accomplished business personalities who exemplify an Ethical, Sustainable, and Creative (ESC) approach, and whose companies, operating within Hungary, demonstrate a steadfast commitment to fostering a more promising world.

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  • Top Spot for Chinese Investors in Central Europe is Now Hungary

    Top Spot for Chinese Investors in Central Europe is Now Hungary

    • 7 Nov 2023 1:18 PM

    Addressing the sixth China International Import Expo in Shanghai, Economic Development Minister Márton Nagy underlined Hungary’s opposition to policies supporting the formation of geopolitical blocs, saying the country strived for connectivity between East and West.

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  • Hungary to Continue Phasing Out Sectoral Taxes

    Hungary to Continue Phasing Out Sectoral Taxes

    • 1 Nov 2023 2:19 PM

    The government will continue to gradually phase out special taxes on some sectors of the economy, the finance ministry said prior to submitting a bill on tax changes for next year to lawmakers.

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