State-owned Corvinus Nemzetkozi Befektetesi has acquired an indirect minority stake in mobile telco Yettel through a share swap deal with Antenna Hungaria, a unit of listed IT company 4iG, the economic development ministry said on Monday.
Schneider Electric lays cornerstone for HUF 16 billion plant
French-owned Schneider Electric on Friday laid the cornerstone for a 16 billion forint plant it is building in Dunavecse, in central Hungary.
Economic development minister holds talks with local Mercedes executives
Economic Development Minister Marton Nagy met with executives of Mercedes-Benz Manufacturing Hungary in his office on Monday, the ministry said.
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Close to two-thirds of companies plan pay rises this year
Some 62 percent of companies surveyed by recruiting site Profession.hu plan pay rises of 6-10 percent this year, the site said on Tuesday.
Economic development minister meets Magyar Suzuki CEO
Marton Nagy, the minister of economic development, held talks with Magyar Suzuki CEO Masato Atsumi in his office on Monday, the economic development ministry said in a statement.
Bosch to invest HUF 70 billion in logistics, manufacturing in Hungary
Robert Bosch Power Tool, a local unit of German engineering giant Bosch, has announced a 70 billion forint (EUR 183.0m) investment to set up a logistics centre and expand battery and tool manufacturing capacity in Miskolc, in northern Hungary, Peter Szijjarto, the minister of ...
Trans-Sped to create 270 new jobs with HUF 8 billion investment
Logistics company Trans-Sped has invested 8 billion forints (EUR 21.1m) in constructing six facilities nationwide, creating 270 jobs, Peter Szijjarto, the minister of foreign affairs and trade, said at the inauguration of one of the centres in Nagytarcsa, near Budapest, on Thursday.
Economic development minister addresses German-Hungarian industry chamber event
The Hungarian government has launched several programmes to counter the negative effects of global challenges on the economy which could also benefit German-owned companies in Hungary, the economic development minister said at an event organised by the German-Hungarian Chamber of Industry and Commerce (DUIHK) ...
Official: Dunaferr wage payments under way
The transfer of January wages for Dunaferr steelworks employees is starting within a few days in line with a government decision to help several thousand families whose livelihoods have come under threat, an official of the economic development ministry said on Friday.
Hungary, Uzbekistan to set up special industrial zone for Hungarian firms near Tashkent
Hungary and Uzbekistan have agreed to set up a special industrial zone tailored to the needs of Hungarian businesses near Tashkent, Peter Szijjarto, the minister of foreign affairs and trade, said in the Uzbek capital on Thursday.
Croatia to pay USD 235 million arbitration award to MOL
The state of Croatia will pay Hungarian oil and gas company MOL 235 million US dollars rendered in an arbitration case at the International Centre for Settlement of Investment Disputes (ICSID), Minister for Economy and Sustainable Development Davor Filipovic said on Croatian public television ...
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Schneider Electric lays cornerstone for HUF 16 billion plant
French-owned Schneider Electric on Friday laid the cornerstone for a 16 billion forint plant it is building in Dunavecse, in central Hungary.
Hungary acquires indirect minority stake in Yettel
State-owned Corvinus Nemzetkozi Befektetesi has acquired an indirect minority stake in mobile telco Yettel through a share swap deal with Antenna Hungaria, a unit of listed IT company 4iG, the economic development ministry said on Monday.
Economic development minister holds talks with local Mercedes executives
Economic Development Minister Marton Nagy met with executives of Mercedes-Benz Manufacturing Hungary in his office on Monday, the ministry said.
Most commented articles Corporate
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.
Government looking into extending loan moratorium for vulnerable
The government will decide whether to uphold the loan moratorium for vulnerable borrowers after consultation with the Hungarian Banking Association and the National Bank of Hungary (NBH), a government official said.
