Stabilizing Rents and Shifting Trends – Changes in the Real Estate Market The real estate market saw a steady influx of buyers in February, but at the same time the price increase... 2025.03.14.
BiotechUSA Announces Mega Investment BioTechUSA, dietary supplements and special foods manufacturer, is implementing the largest investment in its history with HUF 9 billion (EUR... 2025.03.13.
Leading Tire Manufacturer Expands Mega-Factory in Rácalmás Premium tire manufacturer Hankook has started the capacity expansion of its plant in Rácalmás (central Hungary), which is expected to... 2025.02.27.
Construction of One Hundred New Factories to Start This Year Despite the global financial crisis, the coronavirus pandemic, war and the resulting sanctions policy, the Hungarian economy has managed to... 2025.02.24.
Swiss Giant Opens Factory Hall in Zalaegerszeg State Secretary Richárd Szabados speaking at the inauguration ceremony The new factory hall of the Swiss-owned EuropTec was built in... 2025.02.21.
Foreign Minister: “We would have lost a lot if we had not cooperated with China” Minister of Foreign Affairs and Trade Péter Szijjártó met his Chinese counterpart Wang Yi in New York. After their talks,... 2025.02.19.
German Machinery Manufacturer to Open New Hall in Debrecen Harro Höfliger Hungary's industrial hall in Debrecen Minister of Foreign Affairs and Trade Péter Szijjártó announced that Harro Höfliger Hungary... 2025.02.17.
Record Research&Development Investment Announced The record HUF 37 billion (USD 96.3 million) investment in research and development in Hungary by the US based Diligent... 2025.02.14.
German Economic Recession Pulls Back the Hungarian Industry The German economic recession is pulling back the performance of Hungarian industry, the Ministry for National Economy told MTI on... 2025.02.07.
Foreign Minister: “Economic policy must be left to Member States” The conclusion to be drawn from the EU's failed economic policy in recent years should be that Brussels should give... 2025.02.05.
Investment and Exports Are Fueling the Food Industry The production value of the Hungarian food industry reached HUF 6,500 billion (EUR 15.9 billion) last year, to which exports... 2025.01.24.
New Luxury District Called “Grand Budapest” Instead of “Mini-Dubai” The contractor Eagle Hill's visual plans On January 16, 2025, the government decided to sell the land of Rákosrendező (a... 2025.01.21.
EBRD Funding for Hungarian Programs Doubled in 2024 The European Bank for Reconstruction and Development (EBRD), established in 1991, to help the Central and Eastern European region catch... 2025.01.17.
Rural Towns to Experience a Boom in Development The famous Hotel Palota in Lillafüred, near Miskolc. The Minister of Construction and Transport held a press conference in Miskolc... 2025.01.16.
Yet Another Chinese Investment to Create Hundreds of New Jobs The HUF 50 billion (EUR 121 million) investment of Chinese automotive company Xinzhi in Hatvan (some 60 kilometers east from... 2025.01.14.
2024 the Second Most Successful Year regarding Investment Stimulation Last year was the second most successful year in the history of the Hungarian economy in terms of investment stimulation,... 2025.01.10.
New CEO Appointed at Bosch Subsidiary in Budapest A new CEO has been appointed at Bosch Rexroth Ltd., replacing István Ács, who has been managing the company for... 2025.01.06.
Large-scale Rural Investments to Be Launched This Year This year, a number of developments will begin across the country, as the Ministry of Construction and Transport has ordered... 2025.01.02.
Stock Market to Surge as Viktor Orbán’s U.S. Trip Bolsters Ties with Donald Trump There is no denying the close ideological alignment and friendship between Hungarian Prime Minister Viktor Orbán and former U.S. President... 2024.12.20.
Building Ties with Trump Administration Could Unlock Billions in Investment Hungary is seeing increasing interest from U.S. businesses, with investments poised to rival the size of those coming from Asia,... 2024.12.18.
Historic Leap Forward: M85 Motorway Completes Sopron’s Link to the Border On Saturday, coinciding with the Day of Loyalty, Prime Minister Viktor Orbán inaugurated the new section of the M85 motorway... 2024.12.16.