Hungary the Top Choice for Chinese Investors in the EU

For the second year running, Hungary has been the number one destination for Chinese investment in the EU-UK region. Four of the top ten Chinese investments are in Hungary, including BYD’s car plant in Szeged and CATL’s battery factory in Debrecen. Last …

HIPA: Hungary top European destination for Chinese FDI second year in a row – how will Trump react?

Photo: FB/Orbán Hungary was the top European destination for Chinese FDI for the second year in a row in 2024, the Hungarian Investment Promotion Agency (HIPA) said on Thursday, citing a report by the Mercator Institute for China Studies (MERICS) and …

PHOTOS: Multi-national helicopter exercise held in Central Hungary

A multinational tactical helicopter exercise, Fire Blade 2025, is under way at the air base in Pápa, in central Hungary, with the participation of 300 soldiers from 11 countries. Colonel Zoltán Ralkó, the director of the two-week exercise, said that …

GLOBALink | CEO of Visit Hungary expects closer ties with China in tourism

Bulgaria and Hungary Strengthen Economic Ties

Minister of Economy and Industry Peter Dilov and Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó have reached an agreement to enhance trade and economic ties between Bulgaria and Hungary. They signed a bilateral protocol during the Third …

Human rights groups challenge Hungary's anti-Pride law in court

BUDAPEST (Reuters) -Five human rights groups including Amnesty International challenged in court Hungary's legislation that created a legal basis for police to ban Pride marches by the LGBTQ community, the groups said in a statement on Friday. Hungary’ …

Hungary Keeps Interest Rates Steady as Orbán Hints at Further Delays in Recovery

Hungary’s central bank has decided to maintain its key interest rate at 6.5%, marking the eighth consecutive month without any changes. This move comes as policymakers remain focused on combating persistent inflation expectations, despite mounting …

TEFAF Klimt Painting May Have Been Illegally Exported From Hungary

A previously unknown Gustav Klimt masterpiece has become the centre of an international art scandal after appearing at TEFAF Maastricht with a €15 million price tag. The 1897 portrait of Prince William Nii Nortey Dowuona, depicting a Ghanaian royal, …

Qatar under Israeli attack for supporting radical Islam at CPAC conference in Hungary

BUDAPEST - Israeli speakers participating in the fourth CPAC conference in the Hungarian capital, gathering leaders of patriotic and sovereigntist parties from Europe and the Americas, harshly attacked Qatar for its massive support of spreading radical …

Gorenje Hungary: HUF 41 Billion in Sales Revenue

Gorenje Magyarország Ltd. achieved net sales of HUF 41.4 billion and a taxable profit of HUF 302 million in 2024, increasing its sales by 10% compared to the previous year, said Norbert Füle, managing director, at the company's press conference in …