AGP Executive Report
Last update: 9 hours agoManufacturing: Hungary’s industrial output growth eased to 8.2%. At Debrecen’s Hungarian Battery Days, industry leaders said Chinese investment and technology could strengthen Europe’s battery supply chains; Hungary’s battery sector has attracted about €27 billion in investment. Energy: Hungary is seeking alternatives to Russian oil ahead of a US sanctions deadline. It expects talks on MOL’s acquisition of Russia’s stake in Serbia’s NIS to conclude by Dec. 11, while the government says it aims to stop importing Russian gas by autumn 2027. Business Services: Three-quarters of Hungary’s 259 shared services centres plan to take on more higher-value work. The sector employs nearly 120,000 people. Clean Energy: Hungary’s wind-power capacity tender drew strong interest. Automotive: BYD’s Szeged investment is still awaiting a formal state subsidy agreement.
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