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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 forges closer ties with China

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

Nov 9, 2016
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