AGP Executive Report
Last update: 9 hours agoVisa Crackdown: Hungary will suspend work visas for citizens of Georgia, Armenia and the Philippines from Friday, tightening rules on foreign labour amid concerns about wage pressure; the decree will be amended for simplified recruitment, while existing workers can seek extensions. Industrial Compliance: Hungary’s environmental authority has launched proceedings against CATL over an alleged illegal discharge of green-colored liquid at its Debrecen battery plant; authorities say fines are possible after sampling and the company cleaned up within deadlines. Energy Policy: The EU Commission is pushing Hungary and Romania to transpose energy-efficiency rules, as Brussels keeps turning competitiveness and energy security into policy priorities. Transport Upgrade: Budapest’s Nyugati underpass renovation may finally move ahead, with BKK preparing plans for a full refurbishment covering lighting, safety systems, utilities and accessibility. Aviation Dispute: Wizz Air warns Serbia could force it to close its Belgrade base from November 2026 if new route-approval rules limit foreign airlines’ long-term operations. EU Services Pulse: Eurostat reports services production rose in Hungary (+14.3% month-on-month in March), standing out among member states. Hydrogen & Agritech: Peregrine Hydrogen won the IFA Cultivate Challenge in Budapest for electrolyzer tech co-producing hydrogen and sulfuric acid with lower energy use.
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