Korean Firms Looking to Expand Car Battery Recycling in Hungary SungEel HiTech's waste recycling plant in northern Hungary On Thursday, Minister for National Economy Márton Nagy received in his office... 2024.06.28.
Omoda: Another Chinese Car Brand to Conquer Hungarian Roads The Omoda, a brand of Chinese Chery Automobile, is coming to Hungary, reports Világgazdaság. The brand is present in several... 2024.06.26.
Foreign Minister Szijjártó: “The German car industry has voted for Hungary” Hungary is committed to maintaining smooth cooperation between German car manufacturers and Eastern suppliers, crucial for the success of the... 2024.06.24.
Hungarian IT Company Wins EUR 15 million Contract with BMW Gloster-Minero IT Hungary has won a EUR 15 million industrial software development contract, running until 2029, from BMW in a... 2024.06.20.
Viktor Orbán in Talks with CEO of Mercedes On Wednesday, Prime Minister Viktor Orbán held a working lunch meeting with Ola Källenius, CEO and Chairman of the Management... 2024.06.20.
Magyar Suzuki Closes a Successful Year in 2023 Suzuki plans to introduce five electric models by 2030, as part of the automotive industry's green transition. Magyar Suzuki Zrt.... 2024.06.13.
Is the European Commission Now Going After the Hungarian Auto-industry? As the Hungarian-founded Mathias Corvinus Collegium (MCC) Brussels pointed out in an X post yesterday, the European Commission has attacked... 2024.06.12.
“Suzuki is more than just business: it is a friendship,” Says Orbán Toshihiro Suzuki (L) and Viktor Orbán (R) Prime Minister Viktor Orbán held talks with Toshihiro Suzuki, Chairman and CEO of... 2024.06.04.
Japanese TDK’s Automotive Investment Creates 250 New Jobs in Szombathely The new TDK building in Szombathely. The HUF 26 billion (EUR 66.5 million) investment of Japanese company TDK will create... 2024.06.03.
Leading U.S. Automotive Supplier to Invest in Zalaegerszeg Flex, one of the world's largest automotive suppliers, is building a new factory and making major technological improvements in Zalaegerszeg... 2024.05.30.
Despite Higher Inflation, Mercedes-Benz Profits in Kecskemét Increase The Mercedes-Benz plant in Kecskemét (central Hungary) is a key part of the global production network for Mercedes-Benz. In 2023,... 2024.05.30.
Domestic Car Manufacturers More Competitive than Western European Rivals The success of the Hungarian automotive industry sends a clear message to manufacturers and investors that it is an economically... 2024.05.17.
Two New Chinese Car Brands Enter the Hungarian Market Two more Chinese car brands are entering the Hungarian market. SERES Group and Duna Autó Group signed an exclusive import... 2024.05.17.
Despite Political Tensions German Investments are Still Resilient in the Country Despite political tensions, there has been no change in German economic activity in Hungary. In fact, more German investment flows... 2024.05.15.
German Automotive Supplier Invests HUF 5 Billion to Upgrade Its Szombathely Plant With an investment of more than HUF 5 billion (EUR 12.9 million), the automotive supplier Schaeffler has upgraded its plant in... 2024.05.14.
Foreign Minister Discusses Expansion of Cooperation with China’s BYD On Thursday, the Minister of Foreign Affairs and Trade announced on Facebook that talks on further expanding cooperation between BYD... 2024.05.10.
Mercedes-Benz Factory in Kecskemét to Get a New Road A new service road will be designed and built on behalf of the city in the southern industrial park of... 2024.04.23.
Massive Chinese Investments Inject Billions of Euros into Hungary’s Economy The Minister of Foreign Affairs and Trade, Péter Szijjártó announced in Beijing that Chinese companies are investing EUR 15.2B (HUF... 2024.04.23.
Minister for National Economy States Economic Growth Will Resume Next Year The Minister for National Economy declared in Debrecen that economic growth will resume next year, expecting a 4.1 percent expansion... 2024.04.18.
Minister for National Economy Travels to Germany for Talks on the Future of Automotive Industry Márton Nagy and a delegation of the Ministry for National Economy are traveling to Germany, the Ministry informed the media... 2024.04.15.
Automotive Industry Is the Biggest Economic Success of the Past 30 Years "The automotive industry has been the greatest success story of the past 30 years," remarked Gergely Fábián, Secretary of State... 2024.04.12.