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French Pharma Firm Inaugurates HUF 8 Billion Expansion in Hungary

French Pharma Firm Inaugurates HUF 8 Billion Expansion in Hungary

French pharmaceutical company Sanofi inaugurated an 8 billion forint (EUR 20.7m) expansion at its base in Miskolc, in north-eastern Hungary.
Multinational Supermarkets in Hungary Have 'Unjustifiably Overpriced Products Recently', Says Gov't

Multinational Supermarkets in Hungary Have 'Unjustifiably Overpriced Products Recently', Says Gov't

The government’s monitoring of the compliance of retailers with rules on offering consumers regular discounts on food produce in a range of categories showed that around 10% of shops violated rules, government spokeswoman Alexandra Szentkirályi told a government press briefing.
Traffic on Hungarian Highways Up 13.9% Last Year

Traffic on Hungarian Highways Up 13.9% Last Year

Traffic on the highways increased by 13.9% overall last year, while the traffic on the motorways increased by 7.1%, according to 2022 traffic count data published by Magyar Közút, which annually assesses the utilization of individual sections of the Hungarian road network, writes business daily Világgazdaság. 
Hungary Confirms Extension Of UNICEF Cooperation - Aims to Improve Situation of Children Fleeing Ukraine

Hungary Confirms Extension Of UNICEF Cooperation - Aims to Improve Situation of Children Fleeing Ukraine

Hungary is extending its cooperation agreement with the United Nations Children’s Fund (UNICEF) by one year with the aim of improving the situation of children fleeing Ukraine, Foreign Minister Péter Szijjártó said in New York on Monday.
Budapest Wins EU Millions for Housing Scheme

Budapest Wins EU Millions for Housing Scheme

Budapest has won 5 million euros in European Union direct funding for a social housing scheme, the Mayor’s Office said.
Deal Signed for New Hungary-Serbia Oil Pipeline - Most Important Agreement Between the Two Countries Ever?

Deal Signed for New Hungary-Serbia Oil Pipeline - Most Important Agreement Between the Two Countries Ever?

With a view to boosting energy security, an agreement has been signed on building a new oil pipeline between Hungary and Serbia, and a regional JV natural gas trading company will be set by MVM and Srbijagas, Foreign Minister Péter Szijjártó said in Palić, in northern Serbia.
Japanese Auto Industry Player to Soon Spend HUF 25 Billion in C Hungary

Japanese Auto Industry Player to Soon Spend HUF 25 Billion in C Hungary

Japanese automotive industry supplier DENSO will spend 25 billion forints (EUR 67.9m) on capacity expansion at its base in Székesfehérvár, in central Hungary, creating 55 jobs, Péter Szijjártó, the minister of foreign affairs and trade said. 
Germany Blocks Siemens from Control Role in Hungary's Nuclear Power Plant, French Step In

Germany Blocks Siemens from Control Role in Hungary's Nuclear Power Plant, French Step In

France’s Framatome is set to take over the role of Germany’s Siemens Energy in the supply of the operational control system for the two new blocks of Hungary’s Paks nuclear power plant, Foreign Minister Péter Szijjártó said in Paris.
Hungary-Israel Cooperation At All-Time High, Claims FM Szijjártó

Hungary-Israel Cooperation At All-Time High, Claims FM Szijjártó

Political and economic relations between Hungary and Israel are stronger than ever, Foreign Minister Péter Szijjártó said in Budapest on Wednesday, adding that the two countries were also discussing opportunities for energy cooperation.
French Pharma Firm Inaugurates HUF 8 Billion Expansion in Hungary

French Pharma Firm Inaugurates HUF 8 Billion Expansion in Hungary

French pharmaceutical company Sanofi inaugurated an 8 billion forint (EUR 20.7m) expansion at its base in Miskolc, in north-eastern Hungary.
Multinational Supermarkets in Hungary Have 'Unjustifiably Overpriced Products Recently', Says Gov't

Multinational Supermarkets in Hungary Have 'Unjustifiably Overpriced Products Recently', Says Gov't

The government’s monitoring of the compliance of retailers with rules on offering consumers regular discounts on food produce in a range of categories showed that around 10% of shops violated rules, government spokeswoman Alexandra Szentkirályi told a government press briefing.
Traffic on Hungarian Highways Up 13.9% Last Year

Traffic on Hungarian Highways Up 13.9% Last Year

Traffic on the highways increased by 13.9% overall last year, while the traffic on the motorways increased by 7.1%, according to 2022 traffic count data published by Magyar Közút, which annually assesses the utilization of individual sections of the Hungarian road network, writes business daily Világgazdaság. 
Hungary Confirms Extension Of UNICEF Cooperation - Aims to Improve Situation of Children Fleeing Ukraine

Hungary Confirms Extension Of UNICEF Cooperation - Aims to Improve Situation of Children Fleeing Ukraine

Hungary is extending its cooperation agreement with the United Nations Children’s Fund (UNICEF) by one year with the aim of improving the situation of children fleeing Ukraine, Foreign Minister Péter Szijjártó said in New York on Monday.
Budapest Wins EU Millions for Housing Scheme

Budapest Wins EU Millions for Housing Scheme

Budapest has won 5 million euros in European Union direct funding for a social housing scheme, the Mayor’s Office said.
Deal Signed for New Hungary-Serbia Oil Pipeline - Most Important Agreement Between the Two Countries Ever?

Deal Signed for New Hungary-Serbia Oil Pipeline - Most Important Agreement Between the Two Countries Ever?

With a view to boosting energy security, an agreement has been signed on building a new oil pipeline between Hungary and Serbia, and a regional JV natural gas trading company will be set by MVM and Srbijagas, Foreign Minister Péter Szijjártó said in Palić, in northern Serbia.
Japanese Auto Industry Player to Soon Spend HUF 25 Billion in C Hungary

Japanese Auto Industry Player to Soon Spend HUF 25 Billion in C Hungary

Japanese automotive industry supplier DENSO will spend 25 billion forints (EUR 67.9m) on capacity expansion at its base in Székesfehérvár, in central Hungary, creating 55 jobs, Péter Szijjártó, the minister of foreign affairs and trade said. 
Germany Blocks Siemens from Control Role in Hungary's Nuclear Power Plant, French Step In

Germany Blocks Siemens from Control Role in Hungary's Nuclear Power Plant, French Step In

France’s Framatome is set to take over the role of Germany’s Siemens Energy in the supply of the operational control system for the two new blocks of Hungary’s Paks nuclear power plant, Foreign Minister Péter Szijjártó said in Paris.
Hungary-Israel Cooperation At All-Time High, Claims FM Szijjártó

Hungary-Israel Cooperation At All-Time High, Claims FM Szijjártó

Political and economic relations between Hungary and Israel are stronger than ever, Foreign Minister Péter Szijjártó said in Budapest on Wednesday, adding that the two countries were also discussing opportunities for energy cooperation.