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Airbus Helicopters to Start Production in Gyula at HUF 25 Billion Plant

Airbus Helicopters to Start Production in Gyula at HUF 25 Billion Plant

Airbus Helicopters Hungary will probably start production at its helicopter parts factory in Gyula on July 18, website Menedzsment Fórum reports.
Refugee Camp Opens at Balaton Resort for Ukrainian Jews

Refugee Camp Opens at Balaton Resort for Ukrainian Jews

The Unified Hungarian Jewish Congregation (EMIH) and the Association of Ukrainian Jewish Communities has opened a refugee camp for religious Jews in Balatonőszöd, at Lake Balaton.
Gov't Helps Hungarian Firms Expand Abroad, Signs 5 New KEPP Cooperation Agreements

Gov't Helps Hungarian Firms Expand Abroad, Signs 5 New KEPP Cooperation Agreements

Hungary’s government will help Hungarian-owned businesses to expand in foreign markets by all means at its disposal, Péter Szijjártó, the minister of foreign affairs and trade, told a foreign trade conference in Budapest.
Greece is Key in Diversification of Hungary's Gas Supply, Says FM Szijjártó

Greece is Key in Diversification of Hungary's Gas Supply, Says FM Szijjártó

Hungarian-Greek cooperation will have an important part to play in managing the global crises stemming from the war in Ukraine, and Greece has a key role in diversifying Hungary’s natural gas supply, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said in Athens on Wednesday.
Hungarian Opinion: Sanctions on Russia and Europe’s Future

Hungarian Opinion: Sanctions on Russia and Europe’s Future

Commentators across the political spectrum ponder the broader implications of EU sanctions on the future of Europe.
Retail Sales Climb 15.7% in April in Hungary

Retail Sales Climb 15.7% in April in Hungary

Retail sales in Hungary rose by an annual 15.7% in April, the Central Statistical Office (KSH) said on Friday. Adjusted for calendar year effects, retail sales climbed by 15.8%, showing double-digit growth for the second month in a row.
MG Motor to Set Up Regional Base in Budapest

MG Motor to Set Up Regional Base in Budapest

British automotive brand MG Motor will set up its regional base in Budapest to coordinate its expansion in the CEE region, MG Motor Hungary said on Friday.
Hungarian Opinion: Weeklies on the Row Over Banning Oil Imports from Russia

Hungarian Opinion: Weeklies on the Row Over Banning Oil Imports from Russia

Opposition-leaning weeklies accuse the government of conniving with Moscow, by rejecting the proposed ban on importing Russian crude oil without significant compensation from the European Union. Pro-government commentators, on the other hand, argue that Hungary’s position is dictated by plain common sense.
eMAG to Build Huge Logistics Base Near Budapest

eMAG to Build Huge Logistics Base Near Budapest

Romanian online retailer eMAG may invest €100 million in building a logistics base near Budapest, Reuters reported.
Airbus Helicopters to Start Production in Gyula at HUF 25 Billion Plant

Airbus Helicopters to Start Production in Gyula at HUF 25 Billion Plant

Airbus Helicopters Hungary will probably start production at its helicopter parts factory in Gyula on July 18, website Menedzsment Fórum reports.
Refugee Camp Opens at Balaton Resort for Ukrainian Jews

Refugee Camp Opens at Balaton Resort for Ukrainian Jews

The Unified Hungarian Jewish Congregation (EMIH) and the Association of Ukrainian Jewish Communities has opened a refugee camp for religious Jews in Balatonőszöd, at Lake Balaton.
Gov't Helps Hungarian Firms Expand Abroad, Signs 5 New KEPP Cooperation Agreements

Gov't Helps Hungarian Firms Expand Abroad, Signs 5 New KEPP Cooperation Agreements

Hungary’s government will help Hungarian-owned businesses to expand in foreign markets by all means at its disposal, Péter Szijjártó, the minister of foreign affairs and trade, told a foreign trade conference in Budapest.
Greece is Key in Diversification of Hungary's Gas Supply, Says FM Szijjártó

Greece is Key in Diversification of Hungary's Gas Supply, Says FM Szijjártó

Hungarian-Greek cooperation will have an important part to play in managing the global crises stemming from the war in Ukraine, and Greece has a key role in diversifying Hungary’s natural gas supply, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said in Athens on Wednesday.
Hungarian Opinion: Sanctions on Russia and Europe’s Future

Hungarian Opinion: Sanctions on Russia and Europe’s Future

Commentators across the political spectrum ponder the broader implications of EU sanctions on the future of Europe.
Retail Sales Climb 15.7% in April in Hungary

Retail Sales Climb 15.7% in April in Hungary

Retail sales in Hungary rose by an annual 15.7% in April, the Central Statistical Office (KSH) said on Friday. Adjusted for calendar year effects, retail sales climbed by 15.8%, showing double-digit growth for the second month in a row.
MG Motor to Set Up Regional Base in Budapest

MG Motor to Set Up Regional Base in Budapest

British automotive brand MG Motor will set up its regional base in Budapest to coordinate its expansion in the CEE region, MG Motor Hungary said on Friday.
Hungarian Opinion: Weeklies on the Row Over Banning Oil Imports from Russia

Hungarian Opinion: Weeklies on the Row Over Banning Oil Imports from Russia

Opposition-leaning weeklies accuse the government of conniving with Moscow, by rejecting the proposed ban on importing Russian crude oil without significant compensation from the European Union. Pro-government commentators, on the other hand, argue that Hungary’s position is dictated by plain common sense.
eMAG to Build Huge Logistics Base Near Budapest

eMAG to Build Huge Logistics Base Near Budapest

Romanian online retailer eMAG may invest €100 million in building a logistics base near Budapest, Reuters reported.