Under the Economic Partnership Agreement between the European Union and Japan, 42 more EU and Japanese products have been added to the list of protected geographical indications (PGIs) in both regions, including Hungarian pálinka, the European Commission said on Wednesday. According to the Brussels statement, this is the third time that the list of geographical […]

With the adoption of the Temporary Crisis and Transition Framework (TCTF), the aim of the European Commission is to ensure that the objectives of the European Green Deal will be achieved, the Hungarian Investment Promotion Agency reports. In response to this challenge, a new subsidy scheme is introduced in Hungary under Government Decree No. 210/2014 […]

The European Commission says it has approved a EUR 2.36 billion (approximately HUF 880 billion) Hungarian scheme for accelerated investments in strategic sectors to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan. The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the […]

The European Commission has given its final approval for the acquisition of OMV Slovenija by the Hungarian oil and gas company Mol, putting the Mol Group on track to become the second largest player in the segment in Slovenia. The Mol Group has fulfilled all the conditions for closing the transaction to acquire a 92.25% […]