Investment Volume Falls by 12% in Q3
Investment volume in Hungary fell by an annual 12.0 percent in the third quarter of 2020, the Central Statistical Office (KSH) said on Thursday. In a quarter-on-quarter comparison, investment volume fell by a seasonally-adjusted 2.1 percent. Investment volume fell in...
The 5,000-square-meter, three-storey innovation center in Debrecen will soon be completed
The Innovation Center of the University of Debrecen in the industrial park on Vezér út is ready. The foundation stone of the building was laid on June 9, and is scheduled to be handed over in the spring of 2021. The innovation center will be more than 5,000 square...
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...
