European Single Market is turning 30
European Single Market is turning 30 This year, the EU celebrates the 30th anniversary of its Single Market – one of the major achievements of European integration, and one of its key drivers. Established on 1 January 1993, the European Single Market allows goods,...
Government Supports Investment in Food Industry to Fight Crisis
The Foreign Minister stressed the importance of supporting investment and development in the food industry too, saying that priorities should not be abandoned in times of crisis. National goals, such as full employment, should not be abandoned even in times of crisis,...
Hungary Takes the Lead in Electric Car Battery Production
The foundation stone has been laid for the third largest investment in Hungary this year, with South Korea’s W-Scope building a HUF 300 billion (EUR 726 million) plant in Nyíregyháza in eastern Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó announced...
Another Multi-million Euro Chinese Investment in Hungary
The Chinese-owned Halms Hungary Kft. is investing more than 40 million euros to set up an electric car parts production plant in Debrecen in eastern Hungary, with the Hungarian government providing a 1.5 billion HUF (EUR 3.7 million) subsidy for the investment, which...
