Szijjarto: Hungarian car industry innovative, high-tech

Hungary's automotive industry has become innovative and uses cutting-edge technology, Peter Szijjarto, the minister of foreign affairs and trade, said at the announcement of a capacity expansion at wheel rim maker Howmet-Kofem in Szekesfehervar, in central Hungary.

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Police seize 154 kg of cocaine in Budapest

The Budapest police (BRFK) seized over 154 kilograms of cocaine, with a street value of more than 23 billion forints (EUR 60.6m), at a depot in a southern suburb of Budapest.

Japan’s TDK announces HUF 3.5 billion investment

Appliances and electronics company TDK Hungary Components is investing 3.5 billion forints (EUR 9.2m), which comes with a 1.5 billion forint government grant, at a plant in Szombathely, in western Hungary, the company announced on Tuesday.

Szijjarto: LG, Magna investment to create 200 jobs

A consortium of South Korea's LG and Canada's Magna is investing 20 billion forints (EUR 52.7m) in building its first European plant turning out parts for electric cars, in Miskolc, in north-east Hungary, the foreign minister said in Budapest on Tuesday.

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Szijjarto: Hungary seeking energy cooperation with Venezuela

Hungary wants to make use of the possibility of energy cooperation with Venezuela and is exploring ways to import liquefied natural gas from and export oil extraction technologies to the Latin American country, Foreign Minister Peter Szijjarto said in Caracas on Friday.

Trade surplus of goods at EUR 1.3 billion in September

The value of export declined by 5.1%, and that of import was 19% lower in EUR terms in September 2023 than in the same period of the previous year, the Central Statistical Office said on Wednesday. The balance of the external trade in goods ...

Szijjarto: Countries represented by elected governments, not NGOs

The international liberal mainstream "is trying to lord it over global politics by treating NGOs as representatives" of certain countries, "which is absurd as the representatives of countries and societies are governments elected by the people," Peter Szijjarto, the foreign minister, said in Guatemala ...

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Egis favipiravir drug licenced for Covid-19 treatment

A new drug with the active ingredient favipiravir manufactured by Hungarian pharmaceutical company Egis has been licenced for treatment of Covid-19 by the National Institute of Pharmacy and Nutrition (OGYEI), the institute said on Saturday.

PM says he is convinced Trump will win

Orbán: New EU migration pact could force Hungary to welcome migrants

Hungary does not support the new migration and refugee package presented by the European Commission on Wednesday, Prime Minister Viktor Orbán told Reuters newswire on Friday. Under the package, Hungary's commitment to send people back from the southern EU states like Italy or Greece, ...