News
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...
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...
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...
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...
Hungary Announces Stricter Restrictions for Travel Outside of EU
Stricter travel restrictions were put in place last weekend in order to control how freely people can travel to Hungary. Now only those who went on business trips to a selected list of countries can...
Domestic Production of Coronavirus Vaccine to Start at End-2022
Domestic production of a coronavirus vaccine will start in Debrecen at the end of next year, the minister of innovation and technology told a press conference on Thursday. The plant will be set up...
Budget for Supporting SME Green Investments Upped to HuF 50 BN
The government is increasing the budget for subsidising green investments made by SMEs by 20 billion forints (EUR 56m) to almost 50 billion, Mihály Varga, the finance minister, said. In the previous...
Hungary Committed to Sustainable Development
Hungary is committed to sustainable development and is working to become an European centre for 5G technology, the minister of innovation and technology told a conference organised by Chinese...
Hajdú-Bihar County Chamber of Commerce and Industry ties closer its relations with Uzbekistan
The Hajdú-Bihar County Chamber of Commerce and Industry concluded pioneering cooperation with the Karakalpakstan Regional Chamber of Commerce and Industry in Uzbekistan. Among the Hungarian chambers...
