Hungarian Conservative

Márton Nagy stated that Hungary’s satellite manufacturing capability is not only an economic and security matter but also a question of sovereignty. He noted that the sector has a bright future ahead as the space industry is one of the world’s fastest-growing and, according to international surveys, most resilient industries, with its value projected to reach $1.8 trillion by 2035, up from $630 billion in 2023.

During a roundtable discussion organized by the Mathias Corvinus Collegium (MCC) on Thursday in Budapest, experts dissected Hungary’s role and opportunities within the EU. They agreed that one of the key topics during Hungary’s EU presidency should be the integration of the Western Balkans. They also discussed the war in Ukraine, the Eastern opening, and the bureaucracy in Brussels, among other topics.

Headquartered in Austria, Gebrüder Weiss Holding is a global, full-service logistics company employing approximately 8,600 people and operating 180 facilities. Their new 10 billion HUF investment, a logistics complex equipped with state-of-the-art technologies, was handed over on Thursday in Dunaharaszti.

About 5 per cent of the Hungarian GDP is generated by the auto industry, therefore, initially, the EU’s decision to ban the sale of all new combustion-engine cars in 2035 was met with resistance in Hungary. Due to the ban, it is expected that from 2035 on practically only electric vehicles will be allowed to be sold in the European single market, which could have left the Hungarian economy that was dependent on the old technology vulnerable. Fortunately, however, Hungary showed a remarkable ability to adapt to the changing circumstances. In the past two years since the ban was proposed electric battery manufacturers have been engaged, which helps facilitate the green transition of the Hungarian car industry.

Mayoral candidate of Fidesz–⁠KDNP Alexandra Szentkirályi unveiled her seven-point plan for the city at a campaign event on 17 April. Outlined in her plan are measures to tackle corruption, streamline bureaucracy, improve transportation, and enhance cleanliness and orderliness in the city.

There are about fifty places in Hungary and in Hungarian-inhabited areas beyond the borders where Hollywood filmmakers or actors were born or have ancestral roots. The wall of Hollywood celebrities of Hungarian origin inaugurated in Budapest on 21 March pays tribute to them.

In the midst of tensions among the Visegrád Group countries, Viktor Orbán spoke about the potential for a partnership between Austria, Hungary, Slovakia, and Serbia. In what areas could these countries cooperate, and what difficulties might impede such a partnership?

The new national stadium opened its door exactly four years ago today—its inaugural game was an international football friendly between Hungary and Uruguay. Since then, it has seen many great clashes and has routinely been filled to the brim with fans in the past few years.

Hungarian-Chinese relations are largely about a medium-sized nation’s struggle to diversify and reduce the risk of having all of its eggs in the German manufacturers’ basket.

From the inception of post-Soviet Hungary, East Asian relations have been oriented towards trade as well as knowledge and information exchange. With the opening up of the Hungarian economy, foreign direct investment (FDI) began to flow in from Taiwan, China, and India, and was widely distributed over a diverse range of sectors including finance, retail, mining, and those that this article focuses on: automotive manufacturing and logistics.