Danish toy manufacturer LEGO will invest 54 billion forints in 2023-2025 to expand packaging and warehouse capacities at its base in Nyiregyhaza, in north-east Hungary, creating 300 jobs, Peter Szijjarto, the foreign minister, said on Thursday.
Foreign affairs press chief: Temporary removal of OTP from sponsors of war list ‘essentially makes no change’
The decision by Ukraine's National Agency for the Prevention of Corruption (NAZK) to temporarily remove OTP from the sponsors of war list "essentially makes no change", the press chief of the ministry of foreign affairs and trade said on Saturday.
Economic development minister holds talks with MOL executives
Marton Nagy, the minister of economic development, held talks with executives of Hungarian oil and gas company MOL "in the interest of protecting families and the economy" on Tuesday, the ministry said in a statement.
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Orbán receives Veolia top executive
Prime Minister Viktor Orbán received Tuesday Antoine Frerot, a member of the board of executive directors of Veolia Environnement, a leading company in Hungary's energy, water and waste management market, the PM's press chief said.
Ministry: Government ‘protecting car industry’ with backing for EURO7 regulations
The National Competitiveness Council has backed a compromise regarding vehicle emissions and battery life known as EURO7, the economic development ministry said on Monday.
Szijjarto: Audi contributing to Hungarian economy’s success
Audi and the western Hungarian city of Gyor have developed close ties, and the company has made a significant contribution to the success of Hungary's economy, the minister of foreign affairs and trade said on Tuesday, announcing a training scheme linked to the transition ...
Stadler to invest HUF 17 billion in capacity expansion
Swiss train carriage manufacturer Stadler is investing 17 billion forints (EUR 44.2m) to expand production capacity at its plant in Szolnok, in eastern Hungary, creating 170 jobs, Peter Szijjarto, the minister of foreign affairs and trade, said on Tuesday.
Foreign minister inaugurates automotive plant
The government's policy of opening to the East has turned Hungary into China's primary investment destination in central Europe, Peter Szijjarto, the minister of foreign affairs and trade, said at the inauguration of a plant of Pex Automotive Systems in Szigetszentmiklos, near Budapest, on ...
Bosch to invest HUF 18 billion in plant expansion
Germany's Bosch Energy and Body Systems is investing 18 billion forints (EUR 46.7m) in expanding its plant in Miskolc, in north-eastern Hungary, creating 170 new jobs, Peter Szijjarto, the minister of foreign affairs and trade, said on Monday.
Automotive supplier GKN inaugurates plant in Hungary
Automotive industry supplier GKN inaugurated a plant in Felsozsolca, in north-eastern Hungary, on Friday.
Sanofi inaugurates HUF 8 billion expansion in Hungary
French pharmaceutical company Sanofi inaugurated an 8 billion forint (EUR 20.7m) expansion at its base in Miskolc, in north-eastern Hungary, on Friday.
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Automotive supplier GKN inaugurates plant in Hungary
Automotive industry supplier GKN inaugurated a plant in Felsozsolca, in north-eastern Hungary, on Friday.
Szijjarto: Audi contributing to Hungarian economy’s success
Audi and the western Hungarian city of Gyor have developed close ties, and the company has made a significant contribution to the success of Hungary's economy, the minister of foreign affairs and trade said on Tuesday, announcing a training scheme linked to the transition ...
Ministry: Government ‘protecting car industry’ with backing for EURO7 regulations
The National Competitiveness Council has backed a compromise regarding vehicle emissions and battery life known as EURO7, the economic development ministry said on Monday.
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Wage growth slows to 9.1 percent
Year-on-year wage growth in Hungary slowed to 9.1 percent in August from 10.8 percent in July, data released by the Central Statistical Office (KSH) on Friday show.
HUF 10 million interest-free loan to help most vulnerable businesses
The government's action plan for reopening the economy includes 10 million forint (EUR 28,000), interest-free loans offered to SMEs in the most vulnerable sectors, with repayments deferred by three years in order to allow time for the sector to recover, Finance Minister Mihaly Varga ...
Corinthia announces first hotel in United States
Czech hotel group CPI to manage Budapest Marriott
CPI Hotels, one of the largest hotel groups in the Czech Republic, has added two Marriott Hotels to its portfolio: the Courtyard by Marriott Budapest City Center and the other in Prague. While both hotels will retain the Marriott brand, complete with all the ...
