Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Hungarian Industry Monitor.
US removes Russia sanctions that prevented main NPP construction in Hungary
MENAFN
·
June 30, 2025
(MENAFN) The United States has lifted sanctions that previously blocked financial transactions related to Hungary’s Paks-2 nuclear power plant, clearing the way for the stalled project to proceed. The US Office of Foreign Assets Control (OFAC)...
US Lifts Sanctions for Hungarian Nuclear Plant Project
MENAFN
·
June 30, 2025
(MENAFN) The United States has rescinded restrictions that had previously prohibited financial dealings through Russia’s Gazprombank in connection with Hungary’s Paks-2 nuclear facility. On Friday, the US Office of Foreign Assets Control (OFAC)...
US removes Russia’s sanctions of Hungary’s Paks-2 nuclear plant construction
MENAFN
·
June 30, 2025
(MENAFN) The United States has lifted sanctions that previously blocked financial dealings through Russia’s Gazprombank connected to Hungary’s Paks-2 nuclear power plant project. A general license issued by the US Office of Foreign Assets Control...
Hungary Blocks EU Negotiations on Ukraine
MENAFN
·
June 29, 2025
(MENAFN) Hungary has blocked a joint European Union declaration supporting Ukraine’s accession talks, effectively halting the launch of negotiations, according to a communiqué published Thursday on the European Council’s website. The draft...
Hungary prevents accession discussions with Ukraine
MENAFN
·
June 29, 2025
(MENAFN) Hungary has vetoed a proposed EU statement supporting Ukraine’s bid to start membership negotiations, effectively halting Kiev’s EU accession process. The statement, backed by 26 of the 27 EU member states, requires unanimous approval, so...
Hungarian PM states Russia not absolute threat to EU
MENAFN
·
June 29, 2025
(MENAFN) Hungarian Prime Minister Viktor Orban has argued that the European Union's primary challenge is economic decline, not a security threat from Russia. Speaking to reporters before the NATO summit in The Hague, Orban stated, “The real threat...
Hungarian PM warns of Ukraine joining NATO
MENAFN
·
June 29, 2025
(MENAFN) Hungarian Prime Minister Viktor Orban has warned that Ukraine joining NATO would instantly spark an all-out war with Russia, potentially triggering World War III. He also urged caution regarding Ukraine’s potential accession to the...
Hungary, Slovakia prevent recent Russia sanctions
MENAFN
·
June 28, 2025
(MENAFN) Hungary and Slovakia have prevented the European Union from adopting its 18th sanctions package against Russia, Hungarian Foreign Minister Peter Szijjarto announced. The planned sanctions primarily aimed to reduce Russian energy imports—a...
Orban declares 95 percent of Hungarians against Ukraine joining EU
MENAFN
·
June 29, 2025
(MENAFN) Hungarian Prime Minister Viktor Orban has announced that the vast majority of Hungarians are against Ukraine joining the European Union, citing the results of the Voks 2025 public referendum. The vote, which ran from mid-April to June 20,...
Hungary, Slovakia block EU’s eighteenth sanctions package against Moscow
MENAFN
·
June 25, 2025
(MENAFN) Hungary and Slovakia have prevented the European Union from adopting its 18th sanctions package against Russia, Hungarian Foreign Minister Peter Szijjarto announced. The proposed measures, primarily aimed at cutting Russian energy...
Hungary Intends to Block Ukraine’s NATO, EU Membership Bid
MENAFN
·
June 24, 2025
(MENAFN) Hungarian Prime Minister Viktor Orban declared on Monday evening via social media that Hungary intends to block Ukraine’s integration into both NATO and the European Union during pivotal summits scheduled this week. Orban emphasized that...
Hungary proposes holding Ukraine peace discussions
MENAFN
·
June 21, 2025
(MENAFN) Hungary has reiterated its willingness to host peace negotiations aimed at resolving the ongoing conflict in Ukraine, Foreign Minister Peter Szijjarto stated on Thursday. Since the conflict intensified in February 2022, Hungary has taken...
Bitget and Saturnia Design to Host Bitget Elite Day in Budapest, Exploring the Future of Blockchain and User-Centric Innovation
GlobeNewswire, Inc.
·
June 24, 2025
BUDAPEST, Hungary, June 24, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company is partnering with Saturnia Design, an acclaimed product design studio, to host Bitget Elite Day—a high-impact event bringing...
Hungary Repatriates Nationals from Iran, Suspends Embassy in Tehran
MENAFN
·
June 19, 2025
(MENAFN) The Hungarian government has removed six of its nationals from Iran and temporarily halted its embassy’s operations in Tehran due to escalating security risks, Foreign Affairs and Trade Minister Peter Szijjarto revealed Thursday....
Hungary evacuates citizens, shuts Tehran embassy
MENAFN
·
June 19, 2025
(MENAFN) Hungary has evacuated six of its nationals and suspended operations at its embassy in Tehran due to rising security threats stemming from the ongoing conflict between Iran and Israel, the country's foreign minister announced on Thursday....
Slovenia Prolongs Schengen Border Controls with Croatia, Hungary
MENAFN
·
June 23, 2025
(MENAFN) On Sunday, the Slovenian government declared it will prolong temporary border controls with Croatia and Hungary for an additional six months, citing escalating security risks, including an increased terrorism threat. Originally introduced...
Construction of Serbia-Hungary oil pipeline strategically important project for both countries
The Government of the Republic of Serbia
·
June 12, 2025
Minister of Mining and Energy Dubravka Đedović Handanović spoke today in Belgrade with representatives of the Hungarian Ministry of Foreign Affairs and Trade, as well as the companies MOL, Naftna Industrija Srbije and Transnafta, about the...
Sharps Technology Advances Shipment Under $50 Million SoloGard Supply Agreement and Begins Manufacturing Facility Upgrades
GlobeNewswire, Inc.
·
June 18, 2025
Second commercial delivery underway as part of multi-year contract with leading U.S. healthcare partner Strategic manufacturing upgrades drive scalability, efficiency, and increases capacity to support production growth NEW YORK, June 18, 2025...
Hungary Inflation Surges 4.4 Percent in May
MENAFN
·
June 11, 2025
(MENAFN) Consumer prices in Hungary jumped 4.4% in May 2025 compared to the same month last year, according to data released Wednesday by the Hungarian Central Statistical Office (KSH). Month-on-month, inflation inched up by 0.2%, with rising...
Hungary claims Ukraine will ‘suck up every euro’ as EU member
MENAFN
·
June 11, 2025
(MENAFN) Hungarian Prime Minister Viktor Orban has reiterated his opposition to Ukraine’s potential EU membership, warning that admitting Kiev into the bloc would place a severe financial burden on European nations. He accused Brussels of pushing...