Government to Double Investment Support Scheme for Large Companies
The government will raise investment support for large companies in 2020 to 80 billion forints (EUR 221.5m) from 40 billion, Finance Minister Mihály Varga said on Thursday. Speaking at the online cornerstone-laying ceremony of hygienic paper manufacturer Vajda-Papír’s...
Government Institutes New Home Office Rules
The government has created new, flexible rules around working from home. Employers and employees can temporarily reach agreements independent of certain aspects of the existing labor code. However, this is not yet the new Home Office Law previously promised. According...
Coronavirus: New Order of Everyday Life from Wednesday – DETAILS!
The details of the new restrictive measures announced by Prime Minister Viktor Orbán on Monday and Tuesday, which took effect from midnight and are valid for one month until December 11th, were published in the Hungarian Gazette late Tuesday evening. Among other...
Chinese Semcorp Announces EUR 180 Million Investment in Debrecen
Shanghai-based Semcorp, a supplier of parts for electric vehicle batteries, will set up a 65.5 billion forint (EUR 182.6m) plant in Debrecen, Péter Szijjártó, the minister of foreign affairs and trade, said in a video message on Facebook on Tuesday. The government is...
