The Business Times

Hungary

Transport & Logistics

Chinese battery maker CATL expects Hungarian production to start by early 2026

Russia's President Vladimir Putin shakes hands with Hungary's Prime Minister Viktor Orban during a meeting at the Kremlin in Moscow, Russia July 5, 2024. Sputnik/Valeriy Sharifulin/Pool via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY.
International

Putin tells Orban he is ready to discuss ‘nuances’ of Ukraine conflict

Chinese President Xi Jinping (left) shakes hands with his Hungarian counterpart Tamas Sulyok prior to their official talks in Blue Hall of presidential palace in Budapest, Hungary.
Global Enterprise

Xi touts China-Hungary relations as a good blueprint for Europe

Hungarian Prime Minister Viktor Orban welcomes Chinese President Xi Jinping at the Ferenc Liszt International Airport in Budapest, Hungary, May 8, 2024.
International

After Serbia, China’s Xi arrives in Hungary to tighten bonds

Chinese President Xi Jinping's visit aims to push the comprehensive strategic partnership between China and France to a new level and give new impetus to the healthy development of China-EU relations.
Global Enterprise

China’s Xi to visit France, Serbia and Hungary, aims to boost EU ties

Ukraine’s larger farm sizes make the country’s grain exports cheaper, and that is pushing EU farmers out of their traditional export markets, say ministers from its neighouring countries.
International

EU’s eastern members demand import duties on Ukraine grains

Gazprom so far has not reached a new major export deal with the Asian nation.
Energy & Commodities

Gazprom will boost gas supplies to China, Hungary, CEO says

“IIB has exhausted the basis for further operations from its headquarters in Budapest and in the European Union (EU),” the IIB statement said.
Companies & Markets

International Investment Bank to relocate headquarters from Budapest back to Russia

“The close link between battery assembly and vehicle production is part of our strategy,” said Markus Fallboehmer, senior vice-president of battery production at BMW.
Companies & Markets

BMW raises investment in Hungary EV factory to over 2 billion euros

Peter Szijjarto, Foreign Minister of Hungary, says: “Without Russian energy, the Hungarian economy would not be able to operate.”
Energy & Commodities

Hungary and Russia hold talks on gas, nuclear plant

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