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Hungarian melon production up, export potential rises

Hungarian melon production up, export potential rises

The domestic melon sector is progressing with an expansion in cultivation area for both watermelon and cantaloupe. In 2024, watermelon cultivation increased by 10%, reaching 3,700 hectares, while cantaloupe cultivation expanded by 15% to nearly...

Hungary introduces voluntary price cap on medicines to curb inflation

BUDAPEST, July 1 (Xinhua) -- In a new effort to curb inflation and protect consumers from unjustified price increases, the Hungarian government has launched a voluntary price cap scheme targeting pharmaceutical products. Effective Tuesday, the...

Hungary’s MAVIR commissions 60 MWh battery energy storage system

Hungary’s MAVIR commissions 60 MWh battery energy storage system

After entering the world’s top ten in photovoltaic capacity per capita, Hungary is picking up pace in terms of batteries as well. Energy storage units are coming online to maintain grid stability and bridge the hours between the peaks of daily...

Hungary’s Ice Cream Renaissance: From Pure Flavors to Bold Innovations

Hungary’s Ice Cream Renaissance: From Pure Flavors to Bold Innovations

The art of ice cream making is undergoing a major transformation in Hungary: more and more workshops are making unique gelatos from natural ingredients, while consumers are increasingly looking for quality and special flavors, Turizmus.com...

New Hope for a Reversal Amid Declining Wine Production

New Hope for a Reversal Amid Declining Wine Production

The decline in Hungarian grape production may halt, but climate change could cause significant damage to vineyards, believes Syngenta, a leading, science-based agriculture company. The Swiss agricultural company’s analysis pointed out that the...

FM: Era of dangers has made ties between Hungary and Serbia even more important

FM: Era of dangers has made ties between Hungary and Serbia even more important

Péter Szijjártó, Minister of Foreign Affairs and Trade, said the "era of dangers" has made ties between Hungary and Serbia even more important, and the two countries’ national interests dictate that their sovereigntist governments further...

State Secretary: Hungary supports economic development projects in Serbia

State Secretary: Hungary supports economic development projects in Serbia

Levente Magyar, a state secretary at the Ministry of Foreign Affairs and Trade, highlighted the success of a Hungarian government programme to support economic development in Vojvodina, a region in the north of Serbia with a large ethnic Hungarian...

Logistics center of Hungarian entrepreneurs from Vojvodina opens in Belgrade

Logistics center of Hungarian entrepreneurs from Vojvodina opens in Belgrade

A new logistics center of the company DLC d.o.o. has opened in Belgrade, which will primarily serve as a center for Hungarian entrepreneurs from Vojvodina in the Serbian capital. The 32,000 square meter space includes warehouses, business...

Two Towns Represent Hungary in Prestigious Flower Competition

Two Towns Represent Hungary in Prestigious Flower Competition

Nyíregyháza Nyíregyháza, located in the northeastern part of Hungary, and Varsány, in northern Hungary, will represent the country in the anniversary competition of Entente Florale Europe, the European Flower Towns and Villages. A jury of renowned...

HGL triples space in HelloParks Maglód megapark to meet booming e-commerce logistics demand (HU)

HGL triples space in HelloParks Maglód megapark to meet booming e-commerce logistics demand (HU)

HGL Group Hungary has signed a new lease for an additional 10,000 m² in the HelloParks Maglód megapark, bringing its total footprint to 15,000 m². The logistics provider, which only began operations at the site last year with 5,000 m² in the MG1...

Budapest to Modernize Bus Fleet with Nearly 300 New Vehicles

Budapest to Modernize Bus Fleet with Nearly 300 New Vehicles

A major upgrade is coming to public transportation in the capital: nearly 300 modern diesel and electric buses will arrive in Budapest in the upcoming years, as part of a procurement process by the Center for Budapest Transport (BKK). The first...

Welcome to the 21st century: AI will decide about money transfers from today in Hungary!

Welcome to the 21st century: AI will decide about money transfers from today in Hungary!

On 1 July, Hungary is rolling out a major upgrade to the security of instant bank transfers: the Central Fraud Detection System (Központi Visszaélésszűrő Rendszer, KVR) went live, using artificial intelligence to assess transactions in real-time...

The price of more than 40 medicine products is lower from today in Hungary, price-monitoring extended

The price of more than 40 medicine products is lower from today in Hungary, price-monitoring extended

Voluntary price restrictions on a range of medicines entered force on Tuesday, the National Economy Ministry said in a statement. The ministry noted that pharmaceutical industry players had earlier agreed to roll back the prices of a number of...

Hungary imposes mid-year austerity on state-owned companies

Hungary imposes mid-year austerity on state-owned companies

The Hungarian government is introducing further measures to stabilise the 2024 budget after earlier signs that this year’s fiscal plan has gone off track. The government has ordered a mandatory 5% reduction in personnel-related expenses at nearly...

Industrial producer prices drop slightly from April to May

Industrial producer prices drop slightly from April to May

Industrial producer prices were 6.9% higher on average in May 2025 than one year earlier. Domestic output prices were 3.9% and non-domestic output prices 8.3% higher than in May in the previous year. The price rise was primarily caused by the...

“Hit Them With Anything You Can”: Pro-EU Media Calls For “War” on Hungary and Slovakia

“Hit Them With Anything You Can”: Pro-EU Media Calls For “War” on Hungary and Slovakia

The anti-sovereigntist hysteria in Brussels has reached an almost unbelievable level lately. One pro-EU news site went as far as to call for “war” against the Slovak and Hungarian governments, just because they refuse to sign off on the 18th...

Multi-million investment to drive the de-fossilization of the chemical industry

Multi-million investment to drive the de-fossilization of the chemical industry

XiMo, a wholly owned subsidiary of Verbio SE, held a groundbreaking ceremony to mark the start of construction of the new production facility for the large-scale industrial production of Metathesis catalysts in Gödöllő, Hungary. Starting in summer...

Serbia And Hungary Warn Of External Moves Against Elected Governments

Serbia And Hungary Warn Of External Moves Against Elected Governments

(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 1. Serbian Foreign Minister Marko Đurić met in Szeged with Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó and discussed foreign attempts to overthrow elected governments,...

Last gasp: Securing Europe’s wind industry from dependence on China

Last gasp: Securing Europe’s wind industry from dependence on China

Summary Incoming Chinese competition is an ominous sign for one of Europe’s last clean technology hopes—wind turbine manufacturing. China has already eradicated Europe’s solar industry. It also dominates the supply chains of many components and...

First Academic Conference of Turkic States held in Budapest

First Academic Conference of Turkic States held in Budapest

- Advertisement - - Advertisement - - Advertisement - TASHKENT, July 01 (UzA/APP) : The First Academic Conference of Turkic States was successfully held in Budapest, Hungary, with the support of the Hungarian Ministry of Culture and Innovation and...

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