Govt Grants Huf 30 Bn Support to Boost Competitiveness Scheme
The government is granting an additional 30 billion forints support to a scheme to boost competitiveness, the foreign minister said. Péter Szijjártó said in a video on Facebook that Hungary, unlike many other countries, had successfully prevented mass unemployment as...
The Semcorp Group is building a foil production plant in Debrecen
The Semcorp Group is building a new, first non-Chinese lithium-ion battery separator (LiBSF) production plant in Debrecen; the final sale and purchase agreement for the area of the future factory was signed in Debrecen on Thursday, the municipal press service told...
Budapest Jumps to 85th Place on Global Financial Centres Index
Budapest has jumped to 85th place from 101th last year on the Global Financial Centres Index, which was published on Thursday for the 29th consecutive year by the Z/Yen Group. The index ranks 114 cities on a 1,000 point score. New York (764 points) replaced London...
EBRD Adopts New Country Strategy for Hungary
The European Bank for Reconstruction and Development (EBRD) on Thursday said its board approved a new country strategy for Hungary, setting out priorities for the period 2021-2026. The EBRD said it will “pursue support for productivity improvements, through innovative...
