News in Brief FDI in Hungary amounted to HUF 1,676 billion in 2020 Jan 11, 2021 The foreign minister has confirmed that foreign direct investments in Hungary amounted to an unprecedented HUF 1,676 billion (EUR 4.7bn) during the pandemic last year.
News in Brief German avionics firm invests 2.76 billion HUF in Hungary creating new jobs Sep 12, 2017 Diehl Aircabin will employ more than 1,000 people in Hungary, Hungary's foreign minister said
Speeches and Remarks Prime Minister Prime Minister Viktor Orbán’s speech at the inauguration of the new Samsung factory May 31, 2017 29 May 2017, Göd
News in Brief Hungary signs defense agreement with Swiss technology company Mar 02, 2017 RUAG is one of the world’s one hundred most important defense industry companies, and plans to manufacture fuselage elements for its Airbus 320 and Bombardier aircraft at its plant in Eger. The investment will create 180 new jobs. The government is contributing 382 million HUF in non-returnable funding towards the project
News in Brief Hungary drives home the importance of a “patriotic economic policy” Feb 28, 2017 Minister Szijjártó said that Hungary would place more emphasis on technology-intensive investment projects that produce more value added, promoting a shift from “Made in Hungary” to “Invented in Hungary"
News in Brief Hungary on the way to becoming a leading digital technology hub Jan 18, 2017 Several Chinese companies have expressed interest in working with Hungarian partners in the areas of e-mobility, intelligent transport systems, autonomous vehicles and the development of smart cities
News in Brief Hungary forges closer ties with China Nov 09, 2016 The economic and trade relationship between China and Hungary is deepening and both countries face new opportunities of cooperation in areas of trade, investment and infrastructure
News in Brief Hungary holds talks with India in Budapest Oct 17, 2016 PM Orbán said that “Hungary needs investors like India”. He said that Hungary is reaching full employment and the country has “exhausted its labor force”
News in Brief Chinese bus manufacturer invests 6 billion HUF in Hungary Oct 11, 2016 Chinese automobile manufacturer BYD is establishing Europe’s first electric bus factory in Hungary with their investment
News in Brief BP invests 8 billion HUF in Hungary Sep 27, 2016 Plans for BP's new shared service center will see the employment of 500 highly-qualified people by 2020
News in Brief Samsung SDI invests one hundred billion HUF in Hungary Aug 30, 2016 As FDI has seen a substantial uptick, this investment will further stimulate an already growing economy and create 600 new jobs for local residents
News in Brief IBM expands in Hungary with multi-billion investment Jul 01, 2016 The Hungarian government will support the investment with a 1.1 billion HUF grant, which will help create 410 jobs
News in Brief Hungary strikes 100 million USD export deal with China Jun 09, 2016 Hungarian exports to China increased by 23 percent during the first quarter of this year compared to the same period in the previous year