Multinational MOL’s Largest Organic Investment to be Inaugurated Next Week Next week, Hungarian multinational oil and gas company MOL's Polyol Complex in Tiszaújváros (northern Hungary) will be inaugurated in the... 2024.05.10.
Foreign Minister Praises Partnership with Microsoft On Monday, Minister of Foreign Affairs and Trade Péter Szijjártó received Microsoft executives, including several members of their global management... 2024.05.07.
Foundation Stone Laid for Hungary’s First Space Technology Manufacturing Center Hungary's economic ecosystem, infrastructure, and intellectual capital make it well suited to become a player in the space industry, the... 2024.05.07.
S&P Keeps Hungary in the Investment Recommended Category The international credit rating agency Standard & Poor's Global Ratings affirmed its investment-grade rating of 'BBB-/A-3' on Hungarian government debt... 2024.04.29.
Further Projects Discussed with Chinese Contractors of Budapest-Belgrade Railway The Minister of Construction and Transport has held talks with the heads of one of the largest Chinese companies involved... 2024.04.10.
Budapest Airport Can Be a Potential Leader in European Air Cargo Business Passenger traffic at Budapest Airport often takes center stage, yet the real potential for buying back the airport lies in... 2024.03.21.
Agreement Reached with the UAE on a Multi-billion EUR Urban Development Project Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade (L) and Hungarian Minister of Foreign Affairs and Trade Péter... 2024.03.14.
Enhancing Passenger Comfort and Modern Security at Debrecen Airport Terminal expansion works are commencing at Debrecen (eastern Hungary) Airport, with a HUF 300M (EUR 751K) investment aimed at expanding... 2024.03.13.
Hungarian Investor to Build New Commercial Center in Ljubljana The city of Ljubljana OTP Real Estate Investment Fund-owned Mendota Invest has received the final permit for the construction of... 2024.03.05.
Ganz’s Manufacturing Expands for Nuclear and Renewable Energy Markets Ganz Transformer and Electrical Rotating Machinery Manufacturing Ltd. has embarked on a HUF 4.65B (EUR 11.8M) technology development project within... 2024.02.28.
Cooperation Agreement with Iran Opens New Trade Opportunities Hungary and Iran are both interested in developing economic cooperation in areas not affected by sanctions, such as the pharmaceutical,... 2024.02.22.
Austrian Construction Company Told to Fix Cracking Surface on Motorway The structure of the M30 motorway has shifted in several places at kilometer 38 in the Szikszó area, causing cracks... 2024.02.21.
Investments Worth Billions Announced in Tourist Favorite Szentendre The foundation of the new SPAR supermarket was laid on Tuesday at the HÉV (Budapest Railway of Local Interest) terminus... 2024.02.21.
Swiss Giant Nestlé to Upgrade Its Pet Food Plant in Bük with a Huge Investment Nestlé Hungária will develop its Purina pet food factory in Bük (western Hungary) to the tune of HUF 55 billion... 2024.02.19.
OXO Labs to Invest in Nine Tech Start-ups This Year OXO Labs, a subsidiary of OXO Technologies Holding, plans to invest in at least nine technology start-ups over the next... 2024.02.15.
Foreign Minister: New Spanish Investments Could Arrive During his visit to Spain, Minister of Foreign Affairs and Trade Péter Szijjártó held talks with the leaders of automotive,... 2024.02.14.
Minister Encourages U.S. Companies to Reinvest Their Profits in Hungary One of the American Coca-Cola plants in Hungary The Minister of National Economy Márton Nagy gave a presentation at the... 2024.02.02.
Leading European Agency Recommends Hungary for Investment The Mercedes plant in Kecskemét (central Hungary), one of the many important investments in the automotive sector Scope Ratings recommends... 2024.01.29.
German-Hungarian Chamber of Commerce’s Goal is to Be Predictable in the “Decade of Unpredictability” "We are living in a decade of unpredictability; the global economic environment has presented us with challenges we were not... 2024.01.26.
Global Player BioTechUSA Invests HUF 1 Billion to Improve Capacity With an investment of HUF 1 billion (1 EUR= 386 HUF) - of which HUF 245.4 million is state aid... 2024.01.25.
UAE’s Mohamed Alabbar Reportedly Proposes Dubai-Style Skyscraper in Budapest The Burj Khalifa in Dubai, UAE The government has unveiled plans for a groundbreaking economic cooperation agreement with United Arab... 2024.01.12.