Hungary is changing into higher gear in the field of electromobility as the Ministry for National Economy (NGM) announces a tender offering HUF 1.25 billion of non-refundable grants for establishing charging stations for electric vehicles in the country.
A recent research by Transparency International Hungary and the Publicus Institute reveals that 80% of young people think that corruption is a serious problem in Hungary, and 77% believe that political life is the most infected with corruption.
At the Summer Olympic Games, 26-year-old Hungarian saber fencer Áron Szilágyi defeated Daryl Homer of the United States 15-8 to defend the title he won four years ago in London. His victory is the 5th gold medal for Hungary in Rio.
Hungary’s leading pharmaceutical company, Gedeon Richter Plc., has signed an exclusive license agreement with Recordati to commercialize cariprazine, a novel atypical antipsychotic in Western Europe and in Algeria, Tunisia and Turkey.
27-year-old Hungarian swimmer Katinka Hosszú won her second gold medal at the Summer Olympic Games by clocking 58.45 second to win the women's 100-meter backstroke event. On Saturday, she won the 400-meter individual medley.
The Ministry for National Economy expects stagnating industrial output growth to be transitory in Huntary, as both order volume and industrial confidence indices are pointing to further expansion, Minister of State István Lepsényi pointed out.
Hungary's Emese Szász won the women's individual epée fencing final at the 31st Summer Olympic Games in Rio de Janeiro, while swimmer Katinka Hosszú smashed the world record to win the women's 400-meter individual medley.
The Sunday turnover of the biggest retail chains in Hungary has recovered to the level from before the implementation of the Sunday shopping ban only by now - after about four months, the financial website portfolio.hu reports.
Wage hikes in Hungary’s health-care sector are expected to slow down the emigration of doctors and other staff, the Hungarian news agency MTI quotes the government daily 'Magyar Idõk'. The government hopes this move helps keep staff in Hungary.
Close to 500 Hungarian troops to be deployed in foreign missions have been bidden farewell in Tata, NW Hungary: 354 to Kosovo to join the Hungarian KFOR contingent while 139 are going for the third rotation of the Iraqi training mission.
Three-time Olympic and 31-time world champion Hungarian kayaker Katalin Kovács has announced her retirement. She thanked her coaches, fellow competitors, sports clubs, the kayak and canoe federation and doctors who helped her.
German carmaker Mercedes-Benz is building a new plant next to its existing factory in Kecskemét, eas-central Hungary. The capacity of the new plant, built with an investment of EUR 1 billion, will be 150,00 cars a year and the project will create 2,500 new jobs.
Hungary's manufacturing industry has been facing a shocking shortage of labour as of Q3 2016, with more than 70% of the companies surveyed reporting that the lack of adequate workforce is a hindrance to production, portfolio.hu reports.
The opposition Socialists have called on the government to terminate its scheme granting permanent residency to foreigners buying state bonds as it is disadvantageous for the country's budget and could pose a threat to safety and security.
The Budapest city council has invited tenders to operate "hop-on, hop-off" sightseeing buses in the city, the Hungarian news agency MTI reported. The concession is for 20 years and guarantees a monopoly on a market worth 1.5 billion annually.
