Szijjarto: Ericsson in HUF 3 billion expansion of R and D hub
Ericsson Magyarorszag is implementing a 3 billion forint (EUR 8.3m) expansion of its R and D hub in Budapest using a 600 million forint non-refundable government grant, Peter Szijjarto, the minister of foreign affairs and trade, said on Tuesday.
Global minimum corporate tax rate would be ‘violation of sovereignty’
An effort backed by United States President Joe Biden to introduce a global minimum corporate tax rate is a "violation of financial sovereignty", state secretary for tax affairs Norbert Izer said in Monday's issue of daily Magyar Nemzet.
Restaurant and bar terraces to open over the weekend
Vaccination numbers to reach 3.5 million on Friday
The number of Hungarians vaccinated against Covid-19 will probably reach 3.5 million on Friday, and restaurant and bar terraces may open the following day, the prime minister's chief of staff said on Thursday. Gergely Gulyas told a press briefing that open-air facilities, similarly to ...
Japanese firm announces HUF 4.3 billion expansion in Hungary
The local unit of Japan's Nissin Foods will spend 4.3 billion forints (EUR 11.8m) to expand its instant noodle soup plant in Kecskemet, in central Hungary, Minister of Foreign Affairs and Trade Peter Szijjarto said on Thursday.
Socialists submit bill on making minimum wage tax-exempt
The opposition Socialist Party on Tuesday said it has submitted a bill to parliament that would make the minimum wage tax-exempt and reduce the income tax for low earners.
Jobbik MP: ‘Mercenaries’ in steelmaking town pose ‘national security risk’
An opposition Jobbik lawmaker who heads parliament's national security committee, referring to reports of "mercenaries" intimidating locals in the town of steelmaking town of Dunaujvaros, in southern Hungary, has said their actions carried both national security and economic risks worthy of investigation.
Tax office receives 300 million electronic invoices
The number of electronic invoices received by the tax office has been increasing exponentially, a finance ministry official has said.
Szijjarto: Roche to expand service centre in Budapest
Pharmaceutical company Roche is expanding its service centre in Budapest, creating 250 new jobs, Peter Szijjarto, the minister of foreign affairs and trade, said on Tuesday.
Bosch building HUF 6 billion regional service centre near Budapest
German engineering giant Bosch is building a 6 billion forint (EUR 16.8m) regional service centre in Vecses, on the outskirts of Budapest, the minister of foreign affairs and trade said on Monday.
February industrial production rises 1.9 percent yr/yr
Hungarian industrial production increased by an annual 1.9 percent in February, according to a first estimate issued by the Central Statistical Office (KSH) on Thursday.
