Defense Industry

News in Brief

PM Orbán holds talks with Rheinmetall CEO

PM Orbán and Papperger agreed that in times of strife and amidst the war in Ukraine, the decision to launch Hungary’s defense industry development program had proved a good one.

News in Brief

Hungary to become defense industry hub for central Europe

The government considers it a priority goal of its national and economic strategy that Hungary should become a decisive defense industry hub for central Europe in terms of manufacturing and research and development.

Jul 7, 2022
News in Brief

Hungary signs defense agreement with Swiss technology company

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

Mar 2, 2017
News in Brief

Hungary holds talks with India in Budapest

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”

Oct 17, 2016