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.
Further Chinese Automotive Investments on the Way Hungarian Foreign Minister Péter Szijjártó (L) and Chinese Commerce Minister Wang Wentao (R) Another three billion euros of Chinese automotive... 2023.05.16.
Largest Virtual Film Studio in the Region to Be Built in Hungary The largest virtual film studio in Central and Eastern Europe is being built in Fót, Pest County. The foundation stone... 2023.05.12.
Foreign Minister: “If there were systemic corruption in Hungary, there would be no growth” Hungarian Foreign Minister Péter Szijjártó (R) and CNN anchor Richard Quest If there were systemic corruption in Hungary, there would... 2023.05.05.
Investor Of The Year Awards Granted at the HIPA Award Ceremony The “Investors of the Year” Awards for most substantial investments of the previous year have been granted yet again at... 2023.03.27.
Hungary Among Leaders in Global Race for Battery Manufacturers A recent report by Bloomberg has highlighted the Hungarian governments' success in attracting lucrative and high-tech investment to the country... 2023.03.17.
Economy Will Be the Focus of the Government This Term The economy is the focus of the government that will operate between 2022 and 2026, Prime Minister Viktor Orbán said... 2023.03.10.
Prime Minister Pleads with All Parliamentary Groups to Better Protect Children The spring session of Parliament began on Monday, with Hungarian Prime Minister Viktor Orbán addressing the House before the agenda.... 2023.02.28.