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Hungary opposes EU sanctions on Russian nuclear sector
Hungary, which is highly dependent on Russian energy, said Monday (26 September) it staunchly opposed European Union sanctions on the Russian nuclear industry, following EU talks on the issue at the weekend.
read more... 28/09/2022
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Hungary aims to invest EUR 16 bln by 2030 to curb gas reliance
Hungary aims to invest up to 16 billion euros by 2030 to boost electricity production and storage capacity and curb reliance on gas imports, supplied mostly by Russia, Technology and Industry Minister Laszlo Palkovics said on Tuesday.
read more... 07/09/2022
CATL to build $7.6B Hungary battery plant to supply Mercedes, BMW
China's CATL plans to build a 7.3 billion euro ($7.6 billion) battery plant in Hungary, as the world's biggest electric vehicle battery maker gears up to meet growing demand from global automakers.
read more... 15/08/2022
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Croatia ready to increase Adriatic oil pipeline capacity
Croatia is ready to increase the capacity of the Adriatic oil pipeline to supply Hungary and Slovakia with crude in case of any disruptions to imports from Russia via the Druzhba pipeline, Hungary's foreign minister said on Tuesday.
read more... 01/06/2022
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EU leaders back partial ban on Russian oil imports into the bloc
After several weeks of drawn-out negotiations mostly stalled by Hungary, EU leaders on Monday (30 May) struck a political compromise to ban seaborne imports of Russian oil by the end of the year, but fell short of a full embargo.
read more... 31/05/2022