hungary

The annual inflation rate in the European Union decreased slightly in February, to 2.7%, from a level of 2.8% in January, but Romania is among the countries with the highest inflation, with an annual price increase of 5.2%, according to…

Hungary wants to expand its cooperation with Romania in the gas sector to diversify its energy sources, and relevant companies from the two countries are already negotiating an agreement, Hungarian Foreign Minister Peter Szijjarto said on…

Emerging markets could witness a feared “sudden stop” in capital flows as President Donald Trump’s “America First” policies stimulate the US economy and siphon money from poorer countries, investment bank JPMorgan warned on Thursday,…

The KÉSZ company, one of the largest construction groups in Hungary, which is building the first residential project on the Romanian market in Bucharest, announced that it has signed pre-contracts of over 57 million lei, or 11.4 million…

Settlements in Hungary were already popular among people living across the border from Romania due to low real estate prices, but with Romania joining the Schengen area, migration could accelerate even more, the Hungarian publication…

Deloitte Romania assisted AQUILA, one of the leaders in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in its expansion on the Hungarian market through…

TeraPlast Group continues its geographical expansion in Europe and acquires the assets for PVC and PE pipes production held by Wavin Hungary (Orbia’s Building and Infrastructure business). The acquisition will be made by Polytech Kft, a…

Hungarian company MVM, with majority state capital, announced on Monday that it has reached an agreement to buy the gas and electricity supply division of E.ON in Romania. According to the agreement, MVM will buy 68% of the shares of E.ON…

Romania and Bulgaria will join Schengen with land borders starting January 1, 2025. The decision taken in the Justice and Home Affairs Council was announced by the Hungarian EU presidency, and was welcomed by European Union officials. The…

Dozens of children and adults from Romania were turned into slaves and exploited for more than ten years on the territory of Hungary, by an organized human trafficking network, also made up of Romanians who tricked their victims with the…