The company already deployed a 4MW/8MWh BESS there using Tesla Megapacks in 2022, but for the larger project opted to use China-based electronics giant Huawei. Although not the most regular figure in BESS news, Huawei does have a major presence in the …
The police decision to ban a march for the equality of LGBTQ people, planned by four organisations to be held in Budapest on June 28, was lawful, the Hungarian Supreme Court said in a ruling rejecting the organisers’ claim against the decision on Friday. …
In connection with its EUR 2.5 billion bond issue in January, the Hungarian State Debt Management Agency (ÁKK) has been recognized with two professional awards by the international financial magazine Global Capital, ÁKK informed MTI on Thursday. According …
The Hungarian government is maintaining its ban on pride marches despite receiving pressure from European politicians. Hungarian police have banned the Budapest Pride parade that is planned for 28 June. The ban follows government public assembly rules and …
The EU has initiated “infringement procedures” against Hungary over its mandatory caps on the profit margins of various food and non-food products. In a notice dated 18 June, the European Commission (EC) said it had sent “two letters of formal notice” to …
GD Prime Minister Irakli Kobakhidze met with the newly appointed ambassadors to the United States and Hungary, as well as Georgia’s new permanent representative to the Council of Europe. Tamar Taliashvili was appointed as Georgia’s Ambassador Extraordinary …
Hungary and the United States are holding behind-the-scenes negotiations on a potential business agreement aimed at mitigating the negative effects of US tariffs. Deputy Foreign Minister Levente Magyar said the agreement would include cooperation in the …
MBH Bank on Thursday said it will pay compensation equaling 70pc of the damages to customers who fell victim to a Google-fraud-type phishing attack between March 15 and May 31, 2025, even though the problem was not the vulnerability of banking systems, but …
Met Duna Energiatároló, a unit of the MET Group, an energy company based in Switzerland with Hungarian roots, has inaugurated 40MW battery storage at the Dunamenti Power Plant in Százhalombatta (South of Budapest). The investment is supported with over HUF …
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