(IN BRIEF) Stadler and GYSEV have completed the design of 11 new FLIRT intercity trains, which will be produced in Szolnok and delivered starting in late 2027. This marks Hungary’s first intercity EMU procurement in 30 years. The trains, built … Read the full press release
Posted in Business, Hungary, Industrial, Infrastructure & Utilities, Switzerland, Technology, Transportation & Logistics
Tagged Austria, Budapest, FLIRT intercity trains, GYSEV Zrt, Hungary, Innova Design Team, MÀV, rail transport, Róbert Homolya, Sopron, Stadler, Stadler and GYSEV unveil final design for new intercity trains set to transform Hungarian rail travel, Stadler strengthens Hungarian rail network with new FLIRT intercity trains for GYSEV, Stadler Trains Hungary, Szilárd Kövesdi, Szolnok, Szombathely
(IN BRIEF) MOL Group has successfully completed its first ISCC PLUS-certified production run using post-consumer plastic waste-based circular feedstock at its Tiszaújváros site. The pilot marks a breakthrough in the company’s SHAPE TOMORROW strategy, proving its ability to produce polyethylene … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged Bratislava, Central and Eastern Europe, chemical recycling, circular feedstock, ISCC PLUS certification, mass balance approach, MOL Group, MOL Group completes first ISCC PLUS-certified production run with circular feedstock in Hungary, MOL Petrochemicals, MOL Petrochemicals achieves breakthrough in sustainable production with ISCC PLUS-certified circular feedstock, Péter Császár, plastics recycling, polyethylene, polymers, polypropylene, SHAPE TOMORROW strategy, Slovnaft, steam cracker, sustainability, sustainable petrochemicals, Tiszaújváros, waste management
(IN BRIEF) MOL and O&GD have discovered a new oil deposit near Galgahévíz, Hungary, with the Galgahévíz-4 well producing around 1,000 barrels of oil per day. The project, drilled by Rotary Zrt., strengthens Hungary’s energy independence and reflects MOL’s commitment … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged Algyő field, Danube Refinery, Dr György Bacsa, energy security, energy storage, Galgahévíz, Galgahévíz-4, Hungarian natural gas, Hungarian oil production, Hungary, hydrocarbon exploration, Mogyoród concession, MOL, MOL and O&GD announce oil discovery near Galgahévíz as Hungary marks 60 years of Algyő field, MOL expands Hungarian energy portfolio with new oil discovery and renewable investment at Algyő, O&GD, partnership, renewable energy, Rotary Zrt, shallow gas program, SHAPE TOMORROW strategy, solar park, sustainability
(IN BRIEF) MOL Group has begun geothermal energy exploration at its Danube Refinery in Százhalombatta, using 3D seismic surveys to identify potential high-temperature groundwater resources. The project could make refinery operations more sustainable by replacing part of its energy demand … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged 3D seismic survey, Danube Refinery, Dávid Kapes, Emissions Reduction, energy efficiency, geothermal energy, GREEN HYDROGEN, Krisztián Pulay, low carbon transition, MOL Group, partnership, solar park, sustainability, sustainable refinery operations, Százhalombatta
(IN BRIEF) FrieslandCampina has signed an agreement to sell its Romanian subsidiary—including the Napolact brand and production sites in Cluj-Napoca and Târgu Mureș—to Bonafarm Group. The divestment stems from a strategic evaluation aimed at focusing on core European markets, high-margin … Read the full press release
Posted in Agriculture, Business, Environment, Financial, Food & Beverage, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Netherlands, News, Romania, Technology
Tagged Attila Csányi, Bonafarm Group, Business Group Europe, Cluj-Napoca, dairy industry, divestment, Dustin Woodward, high value-added segments, milk valorisation, Napolact, partnership, regulatory approval, Romanian Competition Authorities, Royal FrieslandCampina N.V., strategic review, sustainability, synergy, Târgu Mureș
(IN BRIEF) Erste Group has topped Euromoney’s Awards for Excellence as the Best Bank in Central and Eastern Europe. Its Austrian arm, Erste Bank und Sparkassen, and Czech unit, Česká spořitelna, were each named Best Bank in their home markets. … Read the full press release
Posted in Austria, Awards, Banks, Business, Czech Republic, Environment, Financial, Government, Hungary, Industrial, Investment, Management, Marketing, News, Slovakia, Technology
Tagged Awards, banking industry, Best Bank in Central and Eastern Europe, Česká spořitelna, corporate responsibility, customer experience, Erste Bank Hungary, Erste Bank und Sparkassen, Erste Group, Euromoney Awards for Excellence, leadership, Peter Bosek, Poland expansion, Slovenská sporiteľňa
(IN BRIEF) SOILRES is a pioneering Horizon Europe initiative that brings together leading scientists, farmers, and innovators across six diverse European regions to co-design and field-test biodiversity-based farming practices—such as cover crops, microbial biostimulants, compost, biochar and digital tools—that restore … Read the full press release
Posted in Agriculture, Denmark, Finland, France, Hungary, Italy, Portugal, Science, Technology
Tagged Aarhus University, Africa and Latin America, agricultural scientists, AGROBIOMICS, agroecology, agronomists, AgroParisTech, Ángela Muñiz, Azienda Agricola La Petrosa, biochar, biochar-coated seeds, biodiversity, biodiversity loss, biostimulants, boreal soils, circular economy, climate resilience, climate resilience in agriculture, compost, compost teas, conventional farming, cover crops, crop resilience, Csoroszlya Farm, declining soil fertility, demonstration farms, digital tools, drone data, Drones, drought, drought mitigation, enhanced soil fertility, environmental impact, EU Green Deal, EU Soil Mission, Europe's soils, European Consortium, European Delegation for Family Farming in Asia, Farm to Fork Strategy, farmer-led innovation, farmers, field trials, Food and Environment, future-proof farming, Galician Enterprise-University Foundation, green manures, Horizon Europe, Horizon Europe programme, how to produce food sustainably in the face of climate extremes, Institute for Food Studies & Agro Industrial Development, Knowledge Exchange, LG Italia, low productivity, map soil health, microbial biostimulants, minimum tillage, MOM, multi-actor approach, National Agricultural Research Center of Jordan, National Research Institute for Agriculture, Natural Resources Institute of Finland, novel composts, nutrient cycling, nutrient leaching, Organic Farming, policy impact, real-time soil health monitoring, reduce fertiliser dependency, reduce nitrogen leaching, reduce the environmental impact of farming, regenerate soil health, Regenerative Agriculture, regenerative farming, Renewable Energy Consortium for Research and Demonstration, Research Institute of Organic Agriculture in Hungary, restore soil health, root-microbiota interaction, Sant'Anna School of Advanced Studies, satellite, School of Agriculture and Quinta da Cholda, Soil Degradation, soil health, Soil Health and Crop Resilience, soil mapping, SOILRES, SOILRES project, strengthen crop resilience, strip tillage, strip-cropping techniques, Sustainable Development Goals, sustainable farming, technology-driven SMEs, the Catholic University of Louvain, the EU Biodiversity Strategy for 2030, the Leibniz Centre for Agricultural Landscape Research, the Soil Mission A Soil Deal for Europe, the University of Naples Federico II, University College Cork, weed control, weed pressure
(IN BRIEF) MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement covering Azerbaijan’s Shamakhi-Gobustan regions, reinforcing their strategic energy partnership. MOL is expected to act as operator with a 65% share, while SOCAR … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged ACG field, Azerbaijan, Baku Energy Forum, BTC pipeline, Central Europe energy, energy security, Hungarian-Azerbaijani relations, hydrocarbon development, INA Rijeka, MOL Group, MOL refineries, onshore oil exploration, partnership, production sharing agreement, Rovshan Najaf, Shamakhi-Gobustan, Slovnaft Bratislava, SOCAR, strategic partnership, sustainability, upstream oil, Zsolt Hernádi
(IN BRIEF) SGS has been selected by BorsodChem to provide independent assurance for its sustainability reporting, aligning with the EU Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS). This new mandate expands SGS’s sustainability services for BorsodChem, … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Government, Hungary, Industrial, Investment, Management, Marketing, News, Science, Security & Safety, Switzerland, Technology
Tagged BorsodChem, certification, CSRD, energy performance, environmental management, ESG assurance, ESRS, EU Corporate Sustainability Reporting Directive, European Sustainability Reporting Standards, IMPACT NOW, inspection, non-financial reporting, occupational health and safety, partnership, SGS, sustainability, sustainability reporting, testing
(IN BRIEF) SCHOTT Pharma has begun construction on a new production facility for ready-to-use (RTU) cartridges at its Lukácsháza site in Hungary. The investment of over 100 million euros will expand the company’s manufacturing capacity to meet increasing demand for … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Pharma & Biotech, Science, Technology
Tagged Andreas Reisse, biologics, Diabetes, Eva Szabó, expansion, GLP-1 drugs, high-value solutions, hormone therapies, Hungary, insulin, investment, Lukácsháza, manufacturing capacity, Ministry of Foreign Affairs and Trade, Obesity, partnership, pharmaceutical industry, pharmaceutical packaging, ready-to-use cartridges, SCHOTT Pharma, sterile cartridges, sustainability, sustainable development
(IN BRIEF) Dürr’s 19,000th painting robot has been delivered to BYD’s first European plant in Szeged, Hungary, marking a major milestone in the company’s global expansion. The state-of-the-art EcoBell3 rotary atomizer and innovative painting technologies will support BYD’s sustainable production … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Germany, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged BYD, Chinese automakers, Dürr, EcoBell3, EcoRP series, EcoSupply P, electric vehicles, energy efficiency, feather roller cleaning robots, Global Expansion, Hungary, international presence, New Energy Vehicles, paint technology, Painting Robot, partnership, rotary atomizer, sustainability, sustainable production, Szeged
(IN BRIEF) ELKO Group is expanding its distribution of Blackview rugged devices into Slovakia, the Czech Republic, and Hungary under the WESTech brand. This initiative builds on their established distribution agreements in the Baltics and Slovenia, further enhancing the partnership … Read the full press release
Posted in Business, Czech Republic, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Latvia, Management, News, Slovakia, Technology
Tagged authorized distribution, Baltics, Blackview, consumer electronics, Czech Republic, durable smartphones, ELKO Group, Harsh Environments, Hungary, Industrial, INNOVATION, IT distributor, market expansion, outdoor, partnership, professional, rugged devices, Slovakia, Slovenia, smart devices, sustainability, tablets, Team WESTech, WESTech
(IN BRIEF) The EBRD has announced the short list for its annual Literature Prize, featuring ten English translations of books by authors from seven countries where the Bank invests. Selected by an independent jury led by Maya Jaggi, the short … Read the full press release
Posted in Art & Culture, Croatia, Czech Republic, Financial, Hungary, Media, Moldova, Poland, Turkey, Ukraine
Tagged 128 LIT, Alex Zucker, Antonia Lloyd-Jones, Artem Chapeye, Bellevue Literary Press, Bullaun Press, CROATIA, Czechia, Damir Karakaš, EBRD, Ellen Elias-Bursać, English translation, Fergal Keane, Fitzcarraldo Editions, Hanna Leliv, Hungary, Istros Books, Ivana Bodrožić, Kenneth Dakan, László Krasznahorkai, Liliana Corobca, Literature Prize, Liveright, Magdaléna Platzová, Maya Jaggi, MOLDOVA, Monica Cure, New Directions Publishing, Olga Tokarczuk, Ottilie Mulzet, Poland, Selkies House Limited, Selma Dabbagh, Seven Stories Press, Tanja Maljartschuk, Türkiye, Uilleam Blacker, UKRAINE, Yuliia Iliukha, Zenia Tompkins, Ҫiler İlhan
(IN BRIEF) AFRY has been awarded a significant design contract by MVM NUKA for the reconstruction of control circuits at Hungary’s MVM Paks Nuclear Power Plant as part of its lifetime extension programme. The project involves the design of nearly … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, asset lifetime extension, carbon emissions, clean energy, control circuits, electrical systems, energy infrastructure, Energy Reliability, energy transition, Hungarian Atomic Energy Authority, Hungary, instrumentation and control, International Atomic Energy Agency, lifetime extension, modernization, MVM NUKA, MVM Paks Nuclear Power Plant, nuclear energy, Paks NPP, partnership, power plant design, reactor, sustainability, turbine islands
(IN BRIEF) On December 9th, HungaroControl became a member of Thales’ Alliance One, a collaborative group shaping the future of air traffic control (ATC) through the upgraded TopSky – ATC system. This system, designed to meet growing air traffic demands, … Read the full press release
(IN BRIEF) Mercedes-Benz Vans Central and Eastern Europe (CEE) has partnered with E.ON to launch a comprehensive B2B Charging Infrastructure initiative across Romania, Czech Republic, Slovakia, and Hungary. The collaboration aims to support businesses transitioning to electric mobility by providing … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Germany, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Slovakia, Technology, Transportation & Logistics
Tagged Alexandru Rugina, Andrea Kramer, Central and Eastern Europe (CEE), Czech Republic, Davide Villa, E.ON, EV charging infrastructure, Hungary, Mercedes-Benz Vans, partnership, Romania, Slovakia, Stephan Kunze, sustainability
(IN BRIEF) The 12th European Small and Mid-Cap Awards, held during the SME Assembly in Budapest, celebrated exceptional SMEs that accessed capital markets through IPOs over the past two years. Organized by FESE, EuropeanIssuers, and the European Commission, the awards … Read the full press release
Posted in Awards, Belgium, Business, Economy, Financial, Hungary, Industrial, Investment, Management, News, Small Business
Tagged Awards, Bonifacio García-Porras, Budapest, European Small and Mid-Cap Awards, EuropeanIssuers, FESE, leadership, Luc Vansteenkiste, Petr Koblic, SMEs
(IN BRIEF) The MFB Hungarian Development Bank has pledged €20 million to the 3SI Innovation Fund, which is led by the European Investment Fund (EIF). The fund, targeting growth-stage businesses in Central and Eastern Europe, aims to raise €180 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Hungary, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged EIF, Hungary, Innovation Fund, Marjut Falkstedt, MFB Hungarian Development Bank (MFB), partnership, sustainability
(IN BRIEF) Deutsche Telekom has launched a new Christmas campaign, “Connections Begin When Barriers Break,” across ten European countries, emphasizing unity and tolerance. Through a heartwarming story of two young girls separated by a glass barrier, the campaign highlights the … Read the full press release
Posted in Austria, Business, Croatia, Financial, Germany, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, Montenegro, News, Poland, Romania, Slovakia, Technology, Telecom
Tagged Austria, Christmas campaign, Connection, CROATIA, Deutsche Telekom, Europe, Germany, holidays, Hungary, Montenegro, NORTH MACEDONIA, Poland, Romania, Slovakia, The Czech Republic, Ulrich Klenke, Unity
(IN BRIEF) European energy ministers recently visited MOL Group’s green hydrogen plant in Százhalombatta, Hungary, Central Europe’s largest facility of its kind, during the Central and South-Eastern Europe Energy Connectivity (CESEC) meeting. The 10-megawatt plant produces 1,600 tonnes of green … Read the full press release
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