Pharmaceutical Industry a Major Contributor to the Economy’s Success The government is committed to increasing the long-term and sustainable competitiveness and performance of the Hungarian pharmaceutical industry, reports Magyar... 2023.12.15.
Salaries Could Rise as Early as December: Minimum Wage to Increase by 15% An agreement was reached at Wednesday's meeting of the Permanent Consultative Forum between the industry and the government. The parties... 2023.11.17.
Recession Is Over: Economic Performance Improves In the third quarter of 2023, Hungary's GDP declined by 0.4 percent based on raw data and by 0.3 percent... 2023.11.15.
Further Increase in the Automotive Sector’s Contribution to GDP Essential Hungary's international working capital currently exceeds EUR 100 billion, and the government plans to double this figure by 2030, the... 2023.11.08.
Hungary Aims to Remain a Key Destination for Chinese Investors Minister of Economic Development Márton Nagy attended the 6th China International Import Expo in Shanghai. In his speech at the... 2023.11.07.
Viktor Orbán Courts Closer Cooperation with Huawei During Visit to China Prime Minister Viktor Orbán visited Huawei as part of his multi-day visit to China for the Belt and Road Forum.... 2023.10.20.
Economic Development Minister Signs Cooperation Agreement with ICBC Márton Nagy (R) and Liao Lin, CEO of ICBC (L) sign the cooperation agreement between the Ministry of Economic Development... 2023.10.19.
Agreement to Deepen Industrial Cooperation with Georgia Minister of Economic Development Márton Nagy attended the joint Georgian-Hungarian government meeting from October 11-12, 2023, during which he held... 2023.10.13.
Cooperation with South Korea Could Boost Development of Hydrogen Economy State Secretary for Industrial Policy and Technology Gergely Fábián held talks on economic cooperation between Hungary and South Korea, the... 2023.08.03.
Ensuring the Stable Operation and Development of Steel Giant Dunaferr Is Vital Economic Development Minister, Márton Nagy, received Sanjeev Gupta, the executive chairman of Liberty Steel Group, along with the company's management... 2023.07.27.
The Market Should Determine the Exchange Rate The most important task for Hungary is to bring inflation down to single digits, restore economic growth, and put it... 2023.07.26.
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.
Government Delegation at World’s Second Largest Bank Minister of Economic Development, Márton Nagy, visited the Fintech Center of China Construction Bank in Beijing and held a meeting... 2023.07.10.
Huawei Is Key in Maintaining Competitive Digital Economy in Hungary The Budapest stop of Huawei's X2B roadshow was at the MVM Dome sports hall in April. During his trip to... 2023.07.10.
Economic Development Minister Holds Talks with Eaton Executives Economic Development Minister, Márton Nagy, received Christopher Hess, Vice President of Public Affairs at Eaton Corporation, and Eamonn Hughes, Vice... 2023.06.27.
Prime Minister on Official Visit to Albania The Prime Minister's press chief Bertalan Havasi informed MTI about Viktor Orbán's visit to Tirana, Albania on Friday. The Hungarian... 2023.06.16.
Inflation Has Visibly Declined on Monthly Basis Inflation has declined "visibly" on a monthly basis for the first time since November 2020, Minister of Economic Development Márton... 2023.06.08.
Huawei Part of Accelerating Digitalization Minister of Economic Development Márton Nagy met Huawei executives on Tuesday and stressed the importance of digitalization. The meeting was... 2023.06.07.
Life After EU Funds. The Solution is in Supporting the Local Economy. The Hungarian economy needs to transition to an existence without EU funds, Minister of Economic Development Márton Nagy told the... 2023.06.07.
Hungary to Buy Gas from Qatar Prime Minister Viktor Orbán with Sheik Tamim bin Hamad Al Thani, Emir of Qatar We have learned in the past... 2023.05.23.
Without Government Lending Programs There Would Be Recession, Minister Says Government credit programs such as the Széchenyi Card and the Re-industrialization Program to support businesses are expected to add about... 2023.05.05.