Hungarian consumers believe it is important that their household appliances are energy efficient, and the majority are willing to pay a premium for appliances with a better energy rating, but many are not aware of the meaning of energy labels, according to a recent survey by Euronics, a chain of technical stores. According to the […]

Budapest Mayor Gergely Karácsony has announced that the city is investing nearly HUF 4 billion in energy efficiency with support from the European Union. The mayor says the available resources will be used to completely renovate heat exchanges, install new pipeline sections, connect new consumers to district heating, upgrade district heating pipeline sections, replace hot […]

K&H Bank has achieved carbon neutrality by the end of the year, which means that it will fully offset the emissions resulting from its operations by supporting carbon neutrality projects, the financial institution told the state news agency MTI on Tuesday. The statement highlighted that carbon emissions will be reduced to 80% by 2030 compared […]

The European Investment Bank (EIB), the bank of the European Union, will provide EUR 300 million to the Ministry of Finance of Hungary to co-finance the Hungarian government’s national Home Renovation Program (with up to EUR 8,500 per household) to improve the energy efficiency of homes and reduce energy costs. The loan will support the […]