The government is preparing a program offering various incentives to encourage Hungarian companies to invest their foreign-generated profits in a capacity expansion at home.
A 45% increase in the volume of bilateral trade with Iran last year — and 55% this year — was thanks to the increase in Hungarian textile and pharmaceutical exports...
The foreign minister said the government seeks to improve export possibilities for Hungarian companies worldwide and to entice foreign companies to invest in Hungary in an ever more competitive international...
Hungarian-Chinese trade relations are strong and bilateral trade turnover exceeded 7.1 billion USD last year, up 8.2 percent from 2015
The Hungarian government’s goals is to radically increase the weight of small and medium-sized enterprises in exports. The economy is heavily dependent on foreign trade, with a current export-to-GDP ratio of over 90 percent
Hungary’s economy has been gaining strength since 2010. Unemployment is currently the 4th lowest within the EU, the rate of GDP growth is amongst the highest, and the volume of investment increased by 25 percent during the first six months of this year
The trade surplus amounted to 5.377 billion euros for January-June, down 41 million from the same period last year
The prime minister welcomed Egyptian President Abdul Fattah al-Sisi in Budapest on Monday, where the pair discussed Hungarian-Egyptian relations, and building bilateral and economic partnerships
The government is taking various measures to speed up the process so that Hungarian SMEs can partner with international companies, primarily through Hungarian supply networks
Mihály Varga, minister for National Economy, met with Indiana Governor Eric J. Holcomb and Indiana Secretary of Commerce Jim Schellinger to discuss economic partnerships and building bilateral relations
Péter Szijjártó, minister of Foreign Affairs and Trade, emphasized the openness of the Hungarian economy and how the nation constantly looks at international agreements to boost economic performance
"It is good news that Hungarian-Russian economic cooperation has started to flourish again," Hungary's foreign minister said
The role of China in the global economy is to grow considerably in the coming decades. It is “excellent news” that Hungary was among one of the countries to be a part of this, PM Orbán said