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.

Szijjarto decorates Audi Hungaria head

The cooperation between Hungary and German carmaking giant Audi has been extremely successful, and key to Hungary emerging strengthened from recent crises, the minister of foreign affairs and trade said on Tuesday, handing over the Hungarian Order of Merit, Knight's Cross, to Audi Hungaria ...

Szijjarto inaugurates Korber investment

Peter Szijjarto, the minister of foreign affairs and trade, on Monday inaugurated an investment of German-owned Korber Hungaria in Pecs, in southern Hungary, and said that bilateral ties between Hungary and Germany would continue to develop "as long as they are rooted in reality".

Automaker Stellantis to invest HUF 20 billion in Hungary

Multinational automaker Stellantis will invest 20 billion forints (EUR 52m) into Budapest-based aiMotive, which develops artificial intelligence and autonomous driving software, Levente Magyar, state secretary at the foreign ministry, said on Monday.