Second Oldest Hungarian-Owned Company Expands with HUF 6 Billion Preserving the sovereignty of the Hungarian economy and strengthening self-sufficiency have become key issues in the currently dangerous times, Finance... 2023.10.20.
Hungary on the Way to Become the Second Largest Producer of Electric Batteries Thanks to the investments of Eastern companies, Hungary is now in fourth place in the production of electric batteries, but... 2023.10.19.
Wizz Air’s Shares Plummet Due to Israeli War European airlines are cancelling flights to Israel in the wake of the Palestinian-Israeli conflict that erupted at the end of... 2023.10.10.
Government Injects EUR 400 Million to Kickstart Economic Recovery By mid-September, the National Capital Holding (NTH), managed by the Ministry of Economic Development (GFM), injected HUF 164 billion (EUR... 2023.09.22.
Samsung SDI Brings Unprecedented Electric Battery R&D Investment Samsung SDI has announced the largest ever research and development investment in Hungary with the financial support of the state,... 2023.09.08.
New Chinese Investment in Kaposvár Worth around €60 Million On Monday, the executives of Chinese company Jiecang Linear Motion Technology Co. Ltd. announced the construction of a new plant... 2023.08.22.
Nyíregyháza Battery Factory to Be in Production by 2025 One of the world's largest battery manufacturers, China's Sunwoda, is to build its first European plant in Nyíregyháza (a city... 2023.08.21.
14 Targeted Measures to Help the Economy Grow GDP in Hungary contracted by 2.4 percent on an annual basis in the second quarter, while there was a slight... 2023.08.17.
Japanese Automotive Giant to Make a Significant Investment The Hungarian state is providing HUF 1.9 billion (EUR 4.88 million) in support for Suzuki's new investment in Esztergom (northern... 2023.07.27.
Economy to Return to Growth This Year, Says Finance Minister Although the outlook for Europe is not favorable at the moment due to the prolonged war and sanctions, the Hungarian... 2023.07.21.
Economy Minister Meets President of the World’s Largest Bank Minister of Economic Development Márton Nagy held a meeting with Liao Lin, President and Executive Director of the Industrial and... 2023.07.11.
Here are the Real Benefits of Battery Factories for Hungary One job created in the automotive industry can retain an additional 1.3 jobs through the supply chain and through workers... 2023.07.06.
Bring on the Software Development Investments It is in the interests of our national economy to attract as many software development investments as possible to Hungary,... 2023.07.04.
New EUR 1.4 Billion Foreign Investment Announced President of Huayou Cobalt, Chen Hongliang (L) with Foreign Minister Péter Szijjártó China's Huayou Cobalt is creating 900 new jobs... 2023.06.21.
Home Restaurants Becoming Increasingly Popular A home restaurant sign in central Budapest Over the last twenty years, restaurants in private homes have become more and... 2023.06.16.
Rolls-Royce Brings Sci-Fi Like Development Opportunities Rolls-Royce is bringing the development of exciting, forward-looking equipment to Hungary, giving Hungarian engineers the chance to take part in... 2023.06.13.
Government Aims to Make Hungary Indispensable in the Electric Battery Industry Hungary will lead the European ranking in the production of electric batteries as a result of the investments currently underway,... 2023.06.13.
Town of Karcag to be European Center for Frozen Fruit and Veg The town of Karcag in eastern Hungary will become the center of Europe in the market for quick-frozen fruit and... 2023.06.07.
World’s Corporate Elite Now Recognize Hungarian Workforce An increasing number of investments with high added value are arriving in Hungary, as shown by the fact that the... 2023.06.05.
Foreign Minister Szijjártó Inaugurates New German-owned Factory Foreign Minister Péter Szijjártó (2nd right), Managing Director Michael Seiferling (left), Walter Sennebogen, owner of the Sennebogen Group (2nd left),... 2023.05.30.
Volkswagen Envisions Building Battery Plant in Hungary Another step has been taken towards Hungary becoming an electric battery world power, as a Western company, the Volkswagen Group,... 2023.05.23.
