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Monday 19 Feb 2018
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Szijjártó: Paks Upgrade Hungary’s ‘Largest Ever’ Development Project
The upgrade of the Paks nuclear plant is not solely an energy issue but also Hungary’s “largest ever development project”, the foreign minister said at a green forum in St Petersburg. Péter Szijjártó welcomed the project’s entering into “an active phase” after having received approval by Brussels. The next step for Hungary is to prepare the site for two new blocks, which will take a year and a half, he said. more »
Hungary Investments Up 34.1 pc In Q1
The volume of investments in Hungary rose by an annual 34.1 percent in the first quarter, the Central Statistical Office (KSH) said on Tuesday. The first-quarter rise was from a low base in the same period a year before. KSH noted that growth was strong in nearly all sectors. In addition to capacity expansion projects, the actual realisation of projects launched under the 2014-2020 EU funding cycle also gathered momentum. more »
Inauguration Of Samsung SDI’s Electric Car Battery Plant In Hungary
Reindustrialisation in Hungary will shift up a gear in 2017, Prime Minister Viktor Orbán said at the inauguration of Samsung SDI’s electric car battery plant in the town of Göd, north of Budapest, on Monday. Hungary’s auto industry employed over 160,000 in the first quarter of the year, Orbán said, arguing that this had allowed Hungary to become a hub for car production in central Europe. more »

OTP Branches Offer E-Signatures


OTP Branches Offer E-Signatures
OTP bank is launching a new service to accept e-signatures on special pads offered in its branches; it is hoped that this will reduce administration, business development director of OTP Bence Kisfalvi said. more »

MNB Illegal Activity Agent Fines A First


MNB Illegal Activity Agent Fines A First
Acting as a supervisory, the MNB has fined the Bulgarian company Interactive Ft 40 million because the brokerage provided illegal financial services in Hungary. more »

EU Laser Research Centre Inaugurated In Szeged


EU Laser Research Centre Inaugurated In Szeged
The ELI Attosecond laser research centre was inaugurated in Szeged, in southern Hungary. Speaking at the opening ceremony, Prime Minister Viktor Orbán said the centre was the largest scientific investment in Hungary in modern history. more »



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