MOL says continued financing of Nabucco pipeline unsustainable

The disapproval of the budget meant in practice that MOL would not give any more money to the project company, industry experts say.
BusinessWednesday, 21:55 April 25., 2012 Read more

Nabucco International does not know of any MOL intention to withdraw

The Nabucco pipeline project is proceeding successfully, and the final legal framework has been set up, says MOL director.
BusinessTuesday, 11:35 April 24., 2012 Read more

Budapest mayor, Suez CEO agree on repurchase of stake in waterworks

The 25% stake in the waterworks held by Suez and Germany's RWE is to be repurchased for HUF 15.1 billion.
BusinessTuesday, 11:25 April 17., 2012 Read more

HITA brings more than €924 mln in investments to Hungary

The agency's projects will create more than 5,700 jobs in the near future.
BusinessThursday, 13:10 April 12., 2012 Read more

Daimler inaugurates €800 mln plant in Hungary

The plant will employ about 3,000 people to turn out the next-generation compact models.
BusinessThursday, 16:25 March 29., 2012 Read more

Hu billioner tops out €11 mln capacity expansion in Hungary

The expansion is expected to boost annual revenue of the unit from €28 million last year to €35 million within five years.
BusinessFriday, 11:05 March 23., 2012 Read more

Hungary dental tourism industry generates HUF 65 bln-70 bln in 2011

People mostly from the UK, Germany, Italy and France came to Hungary fpr cheaper dental procedures.
EconomyThursday, 13:20 March 22., 2012 Read more

Budapest reaches agreement to buy out foreign stake in waterworks

The capital would buy out its stake for HUF 15.1 billion, the mayor of Budapest said.
BusinessWednesday, 10:00 March 21., 2012 Read more

LuK Savaria undertaking HUF 15 bln of developments

The developments at the base would create 700 jobs by the end of 2014.
BusinessTuesday, 11:55 March 20., 2012 Read more

Hungary guest nights climb more than 10%

The number of guest nights at commercial accommodations in Hungary rose 10.3% to 963,000 in January.
EconomyWednesday, 10:30 March 14., 2012 Read more

Merkel defends the euro

The crisis hitting several European countries resulted from the debt crisis, not from the crisis of the euro, German chancellor Angela Merkel said on Television ARD on Sunday
EconomyMonday, 17:30 July 18., 2011 Read more

Chinese premier to visit Hungary

Hungary-China relations are moving forward with another visit of a Chinese official  to Budapest.
PoliticsThursday, 13:30 June 23., 2011 Read more

Hungarian cucumbers rejected in Europe

One of the leading producers has become unable to sell its goods due to widespread fears of contamination on the continent.
BusinessThursday, 10:55 June 9., 2011 Read more

Josef Seibel to bring production to Hungary

Quality problems in Asia and Moldova are prompting the firm to bring more production back to Hungary
BusinessFriday, 13:35 May 20., 2011 Read more

Should Europe abandon nuclear energy after Fukushima?

There is a danger of complacency when talking about alternative energy.
BlogsFriday, 11:00 May 6., 2011 Read more

German criticism of new constitution “unacceptable”

Hungary has firmly rejected German criticism targeted at its newly ratified Constitution.
PoliticsWednesday, 08:40 April 20., 2011 Read more

Why Germany can be admired – and why it cannot

A responsible foreign policy of a government within the Western Alliance cannot be guided only by domestic considerations.
BlogsMonday, 08:00 April 4., 2011 Read more

Hungary is far behind in waste management

Some 75% of Hungary's communal waste was landfilled in 2009, comparing to 1% in  neighboring Austria, Ecostat reports.
LifeFriday, 08:30 March 25., 2011 Read more

Tensions between Hungary and EU rise

Disagreement between Hungary and the European Union, Germany in the particular, seems to be growing stronger over the Orbán government’s special taxes imposed on profitable business sectors, with Chancellor Merkel voicing the “unfortunate” nature of the levies. In the meantime, the Hungarian PM told the EU Hungary will not be “dictated to”.
PoliticsThursday, 12:05 March 17., 2011 Read more

German nuclear moratorium could increase emissions by 8 Mt

Fossil fuels likely to fill the generation gap short term, more renewables likely in the long term.
EnergyWednesday, 15:30 March 16., 2011 Read more

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