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Egypt is ordering another 50 railway carriages from Hungary on top of the 1,300 ordered so far, Péter Szijjártó, the minister of foreign affairs and trade said.
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The state of Croatia will pay Hungarian oil and gas company MOL 235 million US dollars rendered in an arbitration case at the International Centre for Settlement of Investment Disputes (ICSID), minister for Economy and Sustainable Development Davor Filipović said on Croatian public television late Wednesday.
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Electrolux will discontinue production at its refrigeration products factory in Nyíregyháza, in northeast Hungary, from the beginning of 2024, the Swedish appliances maker said.
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Opposition LMP has initiated a referendum to make setting up battery plants conditional on local citizens’ consent.
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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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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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