Metoxit Announces HUF 2.5 bn Investment in Hungary Péter Szijjártó, the minister of foreign affairs and trade, on Monday attended an event where Swiss company Metoxit announced a... 2021.11.22.
Trade Minister: US Companies Second-biggest Group of Investors in Hungary The American Chamber of Commerce and the Hungarian Investment Promotion Agency (HIPA) hosted the 7th Business Meets Government Summit in... 2021.10.21.
FinMin: “We count on US investors in our work to relaunch the economy” US companies continue to place their trust in the Hungarian economy, and the government provides tax cuts and investment support... 2021.10.07.
General Electric to Invest in Veresegyház General Electric is investing 10 billion forints (EUR 27.8) to expand its turbine plant in Veresegyház, in central Hungary, Péter... 2021.10.07.
Lego to Invest in Expansion in Hungary Danish toy manufacturer Lego will invest 53 billion forints (EUR 149.6m) to expand its plant in Nyíregyháza, in northeast Hungary,... 2021.06.20.
Hungary Jumps Up Five Places in IMD Competitiveness Report Hungary has moved up five places to rank 42nd in the report published by the Swiss IMD World Competitiveness Center,... 2021.06.17.
Investment Growth at 2.5% in Q1 Investment volume in Hungary rose by an annual 2.5 percent in the first quarter of 2021, level with the rate... 2021.06.01.
Global Corporate Tax Proposal Unfair to Eastern Europe The Biden administration recently made an announcement that they wish to implement a global 21% corporate tax. The reasoning behind... 2021.05.24.
Orbán: Pandemic Ushered in New Era of World Economy, Politics Prime Minister Viktor Orbán on Tuesday addressed the ninth China-Central and Eastern Europe summit, addressing topics such as the race... 2021.02.09.
Govt to Contribute HUF 1.2 bn to Austrian Falco’s Expansion The Orbán government is offering a grant of 1.2 billion forints (EUR 3.4m) to Austrian wood products company Falco, which... 2021.02.01.
Trade Min: Gov’t Has Financially Supported over 1,400 Investments since Beginning of Pandemic Since the start of the coronavirus pandemic in Hungary last March, the government has supported 1,434 (foreign) investments at the... 2021.01.11.
Sangsin to Expand Hungary Base The Hungarian unit of Korea's Sangsin will invest 10.5 billion forints (EUR 29.2m) to expand its base in Jászberény, east... 2021.01.07.
Apollo Tyres to Invest EUR 12.4 Million at Gyöngyöshalász Plant India's Apollo Tyres is investing 4.4 billion forints (EUR 12.4m) at its plant in Gyöngyöshalász, in northern Hungary. The tyre... 2020.12.15.
Trade Minister: Hungary Economy Set for Capacity Boost in Q2 2021 Hungary is expected to see an increase in economic capacity from the second quarter of 2021 after businesses begin running... 2020.12.03.
Coronavirus: New Favipiravir Delivery from China to Arrive Next Week Another million favipiravir pills will arrive from China next week, bringing the total number imported from China to 2.8 million,... 2020.11.20.
The Hungarian Economy and the Pandemic – Hungary at First ‘Site’ Conference At an international "Hungary at First 'Site'" press conference organized by the Friends of Hungary Foundation,Hungary Today's publisher, and held... 2020.11.16.
Foreign Investors Virtually Disappear from Real Estate Market Foreign buyers and investors have virtually disappeared from Hungary's housing market this year due to the coronavirus pandemic, according to... 2020.11.11.
State Secy Kovács: Hungary Handled First Wave Very Well, but Second Wave Different The state secretary for international communication and relations talked about the success of Hungary and countries of the region in... 2020.10.28.
Sanofi Opens Global Competence Centre in Budapest French pharmaceutical company Sanofi inaugurated its global competence centre in Budapest on Monday. The ceremony was attended by Minister of... 2020.10.19.
FinMin Varga at AmCham: 1,700 US Companies Employ around 106,000 People in Hungary The United States is the biggest non-European investor in Hungary and also its biggest non-European export partner, Finance Minister Mihály... 2020.10.19.
Trade Minister: Hundreds of Millions of Euros to Flow into Hungary from South Korea Hundreds of millions of euros are expected to flow into Hungary in investments from South Korea this year, Foreign and... 2020.07.27.
