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Serbia eyes stake in Hungary’s Paks 2 nuclear power plant despite geopolitical and economic challenges

December 2, 2024

Serbia has expressed interest in participating in the construction of Hungary's Paks 2 nuclear power plant, potentially acquiring 5 to 10 percent of its...

Serbia plans new oil supply route via Hungary: A move to diversify sources amid energy challenges

November 16, 2024

Serbia is exploring the construction of a new oil pipeline from Hungary to diversify its crude oil supply routes. Currently, nearly three-quarters of the...

Major energy projects missing from Serbia’s 2025 budget: Implications for future investment

November 10, 2024

Several major energy projects, including the reversible hydropower plants (RHE) Bistrica and Đerdap 3, the construction of six self-balancing solar power plants, and a...

Public consultation open for Draft Spatial Plan of Oil Pipeline Corridor from Hungary to Novi Sad

September 24, 2024

The Ministry of Construction, Transport and Infrastructure (MGSI) has released the Draft Spatial Plan for the Special Purpose Area of the Oil Pipeline Corridor...

Minister announces expanded gas storage and new supplies from Azerbaijan

September 12, 2024

Minister of Mining and Energy Dubravka Đedović Handanović announced that gas storages in Serbia and Hungary are well-stocked and that additional supplies from Azerbaijan...

China’s strategic engagement with Central and Eastern Europe: Hungary and Serbia’s unique roles

July 27, 2024

China’s engagement with Central and Eastern Europe (CEE) has seen significant evolution, as illustrated by Chinese Communist Party General Secretary Xi Jinping’s recent visit...

Serbia and Hungary strengthen economic ties: Strategic cooperation advances

June 26, 2024

Minister of Economy Adrijana Mesarović met today with the Hungarian Ambassador Jožef Zoltan Mađar to discuss enhancing economic cooperation. Mesarović emphasized that bilateral relations...

MOL Group Achieves Robust Financial Performance in 2023

February 19, 2024

The Hungarian oil company operating in Serbia recorded a pre-tax profit of 1.936 billion dollars, a decrease of 36 percent compared to 2022, attributed...

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