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Hungary’s renewable support scheme gains EU favour

The European Commission has approved Hungary’s green energy support scheme, which has a budget of €146 million and will give assistance to renewable energy projects.

read more... 13/07/2017


Moscow confident that Hungary could join Nord Stream, Turkish Stream

Moscow does not exclude that Hungary could join Nord Stream and Turkish Stream gas pipelines, declared Yuri Ushakov, assistant to Russia’s President on the eve of Putin’s visit to Budapest.

read more... 02/02/2017


Hungary will begin constructing new nuclear blocks in 2018

Hungary intends to start building two new blocks at its Paks nuclear power plant, which provides approximately 40 percent of the country's electricity requirements, in 2018, as stated by Government Commissioner Attila Aszodi on Tuesday.

read more... 18/11/2015


Slovakia: Eustream says start of gas connection to Hungary under menace

Slovak pipeline operator Eustream declared on Thursday the commercial start of a gas interconnector between Slovakia and Hungary is under menace since the Hungarian part has not presented a segment of the pipeline.

read more... 19/06/2015


Hungary will purchase stakes in local electricity units from RWE

Hungary's government has signed a letter of intent to purchase power units and an additional stake in Matrai Eromu, the country's second major electricity plant, from Germany's RWE , as stated by the government on Thursday.

read more... 29/05/2015