Hungary
Serbia and Hungary Deepen Economic Cooperation
Last week in Belgrade, more than 200 businesspeople from 117 companies across various sectors gathered for the Serbian-Hungarian Business Forum. According to Marko Čadež, President of the Serbian Chamber of Commerce, bilateral trade between Serbia and Hungary reached 3.4 billion…
Start of Foundation Concreting for Paks II
In Hungary, the start of concreting works for the reactor building foundation slab of the Paks II project has been marked, moving the project into the status of a nuclear power plant “under construction.” As we have reported earlier, Paks…
Applications for Geothermal Energy Subsidies in Hungary Open from 2026
Hungary has a significant clean energy capacity, which has exceeded 9 GW, but geothermal energy currently accounts for only 2.7 MW. Recognizing its potential, the Hungarian government has launched the Jedlik Ányos Energy Program, offering a total of 41 billion forints (around…
Hungary’s Green Challenges
In light of the growing challenges of climate change and the energy crisis, European countries are rethinking their energy policies. Hungary, which prides itself on significant reductions in greenhouse gas emissions and the ambition to achieve climate neutrality by 2050,…
Hungary’s green progress
In recent years, countries around the world have set ambitious environmental goals. For some, these goals pose challenges that are not easily overcome, while others face failure. However, Hungary stands out as a country taking ecology seriously, prioritizing the development…
Hungary Launches Program to Build Chargers in Underserved Municipalities
In an effort to improve electric vehicle infrastructure, Hungary’s Ministry of Energy is launching a new program in early November focused on setting up charging stations in parts of the country where the number of such facilities is insufficient. The…
Geothermal Energy: The Future of Hungary’s Green Economy
For years, Hungary has ranked among the leading countries in Europe when it comes to the direct use of geothermal energy, with plans for significant expansion by 2030. Moreover, according to the National Concept for the Utilization of Geothermal Energy,…