AGP Executive Report
Last update: 3 hours agoEnergy Transition: Hungary says it will end Russian gas imports by autumn 2027, with alternative supplies expected through Croatia’s LNG terminal and a proposed corridor via Greece. A wind-power tender drew bids for about 2.3 GW of projects—far above the roughly 700 MW of grid capacity available in this round—with proposals also including storage. Factory Automation: A new Békéscsaba pilot will record skilled workers’ material-preparation tasks to help train robots for manufacturing. Separately, HARMAN is expanding warehouse automation in Hungary. Investment and Growth: BYD’s Szeged investment is still awaiting a formal state-subsidy agreement. Hungary’s economy grew 1.5% year on year in the third quarter, with industry offsetting drought-related weakness.
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