Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó has announced that the United States has officially lifted sanctions that had been obstructing Hungary’s plans to…
Hungary has taken another step forward in its plans to expand the Paks nuclear power plant, as production begins on key components for two new reactor…
Hungary’s only nuclear power plant, Paks, operated by the state-owned energy company MVM, closed 2024 with its fifth-highest production record in history. The plant’s four reactors…
Serbia is exploring new energy strategies in response to potential electricity supply challenges across Europe. Serbian President Aleksandar Vučić revealed that he has formally requested Hungarian…
Driven by a need to diversify its energy sector and pivot away from cheap Russian gas, Serbia is moving to end the country’s decades-old policy banning…
The Hungarian authorities have ensured that the 14th package of EU sanctions against Russia won’t affect the construction of the Paks-2 nuclear power plant, carried out…
According to the Hungarian Energy and Public Utility Regulatory Office (MEKH), the Paks nuclear power plant achieved sales revenues of more than HUF 210 billion (EUR 531 million)…
Hungarian Foreign Minister Peter Szijjarto said that the government signed an accord with Belarus to help build Hungary’s second nuclear plant. Nuclear power plant Paks 2…
With the production of existing and planned solar parks and the Paks nuclear power plant, Hungary could export electricity in the near future instead of the…