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New top dog at MFB

Bence Katona succeeds Levente Sipos-Tompa at the head of the state development bank MFB.

Good deal made with MBH Bank?

The state has reduced its stake in the bank holding company from 28.3% to 20%. The majority of the shares went to MBH Bank.

Two BYD compact cars coming

‘We will start producing compact BEV models in Europe next year.’ BYD's European head said in an interview for the business magazine ‘Capital’.

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Retail sales down 0.3 percent in November

Retail sales in Hungary edged down an annual 0.3 percent in November as vehicle fuel and non-food sales dropped, the Central Statistical Office (KSH) said on Thursday. The decline slowed from a 2.4 percent year-on-year fall in October.

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Szijjarto announces Semcorp investment in E Hungary

Shanghai-based Semcorp, a supplier of parts for electric vehicle batteries, will set up a 65.5 billion forint (EUR 182.6m) plant in Debrecen, in eastern Hungary, Peter Szijjarto, the minister of foreign affairs and trade, said in a video message on Facebook.

Roatex signs HUF 103 billion agreement

Szijjarto: Indonesian investment biggest Hungarian tech export so far

A 103 billion forint (EUR 287m) electronic road toll system to be built in Indonesia by Hungarian company Roatex will be Hungary's biggest technology export so far, Peter Szijjarto, the minister of foreign affairs and trade, said in Jakarta.