Hungary Signs Largest LNG Supply Contract with Engie to Boost Energy Security

As reported by Економічна правда. Hungary has signed the largest LNG procurement contract in its history with the French company Engie – this is the second such deal in two months aimed at expanding supply sources and reducing dependence on...

Hungary PM accuses EU of presenting war strategy to defeat Russia

Hungary's Prime Minister Viktor Orban attends a speacial meeting of the European Council at the European Union headquarters in Brussels, Belgium, May 30, 2022. (Xinhua/Zheng Huansong/IANS File Photo) Budapest, October 2 (IANS): Hungary Prime...

Energy costs in Romania drop for second consecutive month

Romania remained outside the top 5 most expensive energy markets in the EU for the second consecutive month, finishing September in 6th place, with an average price of EUR 97.3/MWh, according to data analyzed by Profit.ro. The average spot...

Hungary chooses French gas over Russian: record LNG deal signed

Stock photo: Getty Images Hungary has signed the largest liquefied natural gas (LNG) purchase agreement in its history with French company Engie – the second such deal in two months to help diversify its energy supply and reduce dependence on...

Russian-gas dependent Hungary signs supply deal with French firm

Hungary on Thursday announced a 10-year gas supply contract with French firm Engie, even as the EU country continues to rely heavily on Russia for the fossil fuel. The central European nation has remained the Kremlin’s closest partner in the EU...

Strong international interest marks the Second Continest Defence Industry Days in Székesfehérvár

Continest Technologies Plc. successfully hosted its second Continest Defence Industry Days conference at its manufacturing facility in Székesfehérvár, welcoming over 100 invited guests from 15 countries. Among the attendees were diplomatic and...

Tesco launches new Premier store brand in Hungary

Tesco has quietly opened Hungary’s first Premier convenience store in Csepel, marking a strategic shift aimed at strengthening its presence amid intensifying competition from discount chains like Lidl. The new Premier store replaces a former Tesco...

Goodfellas’ Vincent Maraval Calls For Overhaul Of Int’l Feature Film Category & Talks Hollywood Production Exodus – Zurich Studio

French film sales and production supremo Vincent Maraval stopped by Deadline’s studio at the Zurich Summit this past weekend for a timely chat on the awards season as well as Hollywood’s production exodus conundrum. The Zurich Summit’s parent...

Ishaq Dar meets new German, Hungarian Ambassadors; vows stronger bilateral ties

The newly appointed German Ambassador to Pakistan, Ina Lepel, met with Deputy Prime Minister and Foreign Minister Ishaq Dar in Islamabad on Thursday. During the meeting, Dar underscored the importance of enhancing political, trade, and investment...

Hydrogen production costs could fall €1–2/kg as EU weighs RFNBO rule change

In Brussels, at The Square conference center—home turf for heavyweight policy debates in a city of 1.85 million—industry leaders assembled for European Hydrogen Week 2025 (September 29–October 3). You had executives from Thyssenkrupp Nucera, RWE...

Hungary receives EU aid for frost damaged orchards

Hungary will receive US$11.7 million (EUR 10.8 million) in aid from the European Union to support farmers affected by spring frost damage, the Ministry of Agriculture announced. The funding follows lobbying efforts by the Hungarian agricultural...

Hungarian state-owned power utility company acquires majority stake in leading Serbian energy construction companies

Hungarian state-owned power utility company MVM Zrt., which signed a share purchase agreement with Serbia’s Maneks Group in July to increase its stake in Energotehnika Juzna Backa and Elektromontaza Kraljevo from 33.4% to 60%, has successfully...

Hungary faces 'coordinated attacks' over Russian energy supplies — Orban

BUDAPEST, October 2. /TASS/. Budapest has faced "coordinated attacks" from the European Commission and several EU countries, including Germany and Croatia, aimed at forcing Hungary to abandon purchases of Russian energy resources, Hungarian Prime...

Hungary has world's second-largest LEGO plant after €140mn expansion

Danish toy maker LEGO has inaugurated a HUF54bn (€140mn) capacity expansion at its Hungarian base, making the manufacturing base in northeastern Hungary its second-largest plant globally and the largest in Europe, Minister of Foreign Affairs and...

Hungarian man sentenced to 2,5 years in U.S. prison for attempting to smuggle military radios to Russia

A U.S. court has sentenced 47-year-old dual Hungarian-Spanish citizen Bence Horváth to 31 months in prison for illegally attempting to smuggle American-made radios, suitable for military use, to Russia. According to prosecutors, Horváth ordered...

Hungarian railway company to close busy railway line because of a Debrecen battery factory

On 19th October, MÁV will permanently close the railway line number 106 between Debrecen and Nagykereki. Although parts of the line were refurbished in recent years, passenger rail services on this section will cease due to the land requirements...

Hungary Signs Historic LNG Deal with France’s ENGIE to Bolster Energy Security

Hungary has concluded the longest liquefied natural gas (LNG) supply agreement in its history with the French company ENGIE, Foreign Minister Péter Szijjártó announced in Budapest on Thursday. Under the contract between MVM CEEnergy and ENGIE...

Hungary signs longest LNG deal with France's Engie

BUDAPEST, Oct. 2 (Xinhua) -- Hungary has signed its longest-ever liquefied natural gas (LNG) supply contract with French energy company Engie, a move officials say will bolster the country's long-term energy security. Hungarian Foreign Minister...

Hungary seals longest-ever LNG deal with France’s Engie

Hungary has signed its longest-ever liquefied natural gas (LNG) supply agreement with French energy giant Engie, in a step officials say will strengthen the country’s long-term energy security. Hungarian Foreign Minister Peter Szijjarto announced...

Georgia and Hungary Discuss Strengthening Bilateral Cooperation

An introductory meeting was held between the Minister of Environmental Protection and Agriculture of Georgia, David Songulashvili, and the newly appointed Ambassador Extraordinary and Plenipotentiary of Hungary to Georgia, Petra Ponevach-Panas....