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.
Automotive Sector Poised for Major Expansion with Bosch Investment Hungary's economy is set for visible growth in 2025, with significant contributions from the automotive industry. This development is largely... 2024.12.09.
Stricter Environmental Controls Imposed on Debrecen Battery Plant The environmental authority has imposed stricter conditions on the Debrecen plant of EcoPro, a South Korean manufacturer specializing in cathodes... 2024.12.04.
Major Infrastructure Projects to Resume in 2025 The government plans to resume significant infrastructure investments in 2025, allocating HUF 480B (EUR 1.3B) for 300 new projects. This... 2024.12.03.
Hungary Guest of Honor at the China International Supply Chain Expo This year marks the second edition of the Supply Chain Expo (CISCE) in Beijing between November 26-30, where the Hungarian... 2024.11.27.
OMV to Expand Its Electric Car Charging Network While OMV's new fast-charging points are now available at 15 locations in Hungary, the company is working on the construction... 2024.11.22.
Dunavarsány Becomes Regional Hub for South Korean Food Industry South Korea's largest food company will build its first Central European factory in Hungary, creating 200 new jobs in Dunavarsány... 2024.11.21.
2025 to Be the Year of Investments Finance Minister Mihály Varga gave an interview to Kossuth Radio on Sunday, presenting the state's 2025 budget. He said that... 2024.11.18.
Monor Welcomes New EUR 75 million Vaccine Plant for Animal Health Ceva-Phylaxia is building a new vaccine factory in Monor (central Hungary) with an investment of HUF 30 billion (EUR 75... 2024.11.15.
Investing in Republika Srpska Means a “Win-win Situation” Foreign Minister Péter Szijjártó (L) with Milorad Dodik, President of Republika Srpska. The example of Hungary clearly demonstrates that it... 2024.11.13.
Credit Agency Affirms Investment-Grade Rating, Proving Economic Resilience The Berlin-based Scope Ratings has confirmed Hungary's investment-grade rating with a stable outlook, the Finance Minister said on his Facebook... 2024.11.11.
Economic Neutrality and Investments to Offset Dependence on German Economy According to calendar-adjusted data of the Hungarian Central Statistical Office (KSH), the volume of industrial production decreased by 5.4 percent... 2024.11.07.
S&P Reaffirms Ratings in Hungary’s Economic Resilience and Growth Potential Standard and Poor's has confirmed that it continues to recommend Hungary for investment, with the three major rating agencies all... 2024.10.28.
US Working Capital Vital in Guaranteeing Economic Neutrality, Says Foreign Minister US companies continue to be the second largest investor community in Hungary, and thus play a major role in guaranteeing... 2024.10.18.
Production of Popular International Deodorant Brands Starts in Hungary Unilever's existing household chemicals factory in Nyírbátor. Unilever Hungary announced on Wednesday that it will open a new plant at... 2024.10.10.