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The Budapest assembly passed a position on Wednesday regarding the construction of battery plants, namely that the city’s residents must be consulted before any plans are made to build battery plants or assembly lines within the administrative boundaries of Budapest.
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Márton Nagy, the minister of economic development, held talks with Magyar Suzuki CEO Masato Atsumi in his office on Monday, the economic development ministry said in a statement.
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Net income of Hungarian oil and gas company MOL rose 62% to 852 billion forints (EUR 2.2bn) in 2022, results published ahead of the opening bell on Friday show.
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Robert Bosch Power Tool, a local unit of German engineering giant Bosch, has announced a 70 billion forint (EUR 183.0m) investment to set up a logistics centre and expand battery and tool manufacturing capacity in Miskolc, in northern Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said.
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Budapest Airport (BA) expects annual passenger traffic to return to pre-crisis levels of 16.2 million in 2024, the airport operator informed Hungarian Media.
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The new European Union sanctions will ban the imports and re-export of Russian oil products from Sunday, but Hungary’s exemption from the former and various alternative resources will ensure the country’s energy security, the energy ministry said.
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