News
New ESG-toolkit for SMEs
As part of the national ESG program of the Hungarian Chamber of Commerce and Industry (MKIK), an ESG toolkit publication has been prepared, which provides practical assistance tailored to the needs of domestic small and medium-sized enterprises in preparing for ESG. ...
Hungary’s Green Bond Wins CBI Award
Climate Bonds Initiative, a non-profit organisation appraising sustainable financial solutions, has awarded Hungary for its green bond, first issued last year, the finance ministry said on...
New Freight Rail Line Bypassing Budapest Set to Be Built
Hungary’s government has launched a call for a feasibility study for a new freight rail line bypassing Budapest, the daily Magyar Nemzet said on Tuesday. The so-called V0 railway line which would...
Details of Terrace Reopening Provided in Gov’t Decree
Hungary’s Terraces can begin preparing for a reopening next week, according to an official decree by the government. Prime Minister Viktor Orbán has already announced that once 3.5 million people...
Finance Minister: V4 Poised to be Europe’s Engines Of Growth Again
The Visegrad Group countries aim to reclaim their place as Europe’s engines of growth once the coronavirus pandemic is over, Finance Minister Mihály Varga said after a video call with his V4...
Govt Grants Huf 30 Bn Support to Boost Competitiveness Scheme
The government is granting an additional 30 billion forints support to a scheme to boost competitiveness, the foreign minister said. Péter Szijjártó said in a video on Facebook that Hungary, unlike...
The Semcorp Group is building a foil production plant in Debrecen
The Semcorp Group is building a new, first non-Chinese lithium-ion battery separator (LiBSF) production plant in Debrecen; the final sale and purchase agreement for the area of the future factory...
Budapest Jumps to 85th Place on Global Financial Centres Index
Budapest has jumped to 85th place from 101th last year on the Global Financial Centres Index, which was published on Thursday for the 29th consecutive year by the Z/Yen Group. The index ranks 114...
EBRD Adopts New Country Strategy for Hungary
The European Bank for Reconstruction and Development (EBRD) on Thursday said its board approved a new country strategy for Hungary, setting out priorities for the period 2021-2026. The EBRD said it...
Hungary Announces Stricter Restrictions for Travel Outside of EU
Stricter travel restrictions were put in place last weekend in order to control how freely people can travel to Hungary. Now only those who went on business trips to a selected list of countries can...
