Szijjarto: Hungary among winners of new economic era in Europe
Hungary is among the winners of the transition to the electric car industry, and therefore of the new economic era in Europe, thanks to the government developing the best possible cooperation with market players, the foreign minister said on Monday.
Orbán: ‘Prosperous businesses crucial for prosperous country’
"The private success of Hungarian entrepreneurs is a precondition for the country to be successful, therefore the government is not jealous - on the contrary, it wishes each entrepreneur even more success, even more profit and further increasing assets," Prime Minister Viktor Orbán said.
Szijjarto: Hungarian company lays cornerstone to rebuild Soltanli in Nagorno-Karabakh
A cornerstone ceremony has been held in the village of Soltanli in Nagorno-Karabakh, to be rebuilt by a Hungarian company, the minister of foreign affairs and trade said on Friday.
Hankook Tire to expand Hungarian base for HUF 210 billion
South Korean tyre maker Hankook will invest 210 billion forints at its base in Racalmas, in central Hungary, creating 450 jobs, Minister of Foreign Affairs and Trade Peter Szijjarto said in Baku on Thursday.
Minimum wage agreement signed
Unions and employers associations signed on Monday an agreement to raise the minimum wages, the economic development ministry said. The agreement was signed by all members of the VKF, a forum of employers, unions and the government, with the exception of unions association MASZSZ.
Szijjarto: Chinese automotive company plans HUF 39 billion investment
Chinese automotive industry company Zhejiang Shuanghuan Driveline will set up a 39 billion forint (EUR 103m) electric vehicle parts plant in Jaszfenyszaru, in eastern Hungary, Minister of Foreign Affairs and Trade Peter Szijjarto announced at the site on Friday.
Employers, employees reach agreement on minimum wage hike
The government will raise the minimum wage by 15 percent to 266,800 forints (EUR 709), while the minimum wage for degree holders will increase by 10 percent to 326,000 forints from next month, the economic development minister said in a statement on Thursday.
Wasion to set up HUF 4 billion R+D, production base in Hungary
China's Wasion Holdings Ltd. is building a 4 billion forint (EUR 10.6m) global research and development and smart meter production facility in Godollo, on the outskirts of Budapest, the minister of foreign affairs and trade said on Thursday.
DUIHK survey shows fewer companies plan investments, new hires
The latest survey of business sentiment conducted by the German-Hungarian Chamber of Industry and Commerce (DUIHK) shows fewer companies have plans to invest or expand their payroll as outlooks sour.
HUF 2.9 billion subsidy scheme for automotive industry suppliers to be launched
The government will launch a 2.9 billion forint (EUR 7.7m) subsidy scheme to boost the share of local suppliers to big automotive and battery industry companies in Hungary, state secretary for industrial policy Gergely Fabian said on Wednesday.