News
Szijjártó: SK Innovation Brings Biggest Greenfield Investment in Hungary’s History
South Korean company SK Innovation is bringing to Hungary a new 2.3 billion US dollar battery plant in what will be the country’s biggest ever greenfield investment, Péter Szijjártó, the minister of...
Two US Automotive Companies to Invest HUF 12 Bn in Hungary
American automotive companies BorgWarner and Jabil are launching investments in Hungary worth a combined 12 billion forints (EUR 33.5m) and will receive 4.4 billion forints of government support,...
Deal Reached to Hike Minimum Wage 4%
A deal was reached on Monday to hike the minimum wage by 4 percent from Feb. 1. The monthly minimum wage for unskilled workers before tax will rise from 161,000 forints (EUR 450) to 167,400 (EUR...
Coronavirus: Ukraine Red-lists Hungary
Ukraine has re-classified Hungary as high-risk regarding the coronavirus epidemic, Ukrainian news agency UNIAN said on Saturday. Travellers entering Ukraine from “red-zone” countries are required to...
Foreign Minister: Six Transport Links to be Opened between Slovakia, Hungary by 2023
Six new transport links will be established between Hungary and Slovakia by 2023, including three bridges on the river Ipoly, Foreign Minister Péter Szijjártó said on Thursday. Szijjártó said on...
Thyssenkrupp to Set up HUF 2.2 bn Development Hub in Hungary
Germany’s Thyssenkrupp will set up a 2.2 billion forint (EUR 6.2m) engineering development hub in Veszprém, in western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said on...
The building of Sensirion’s manufacturing plant in Debrecen has reached its highest point
The building of Sensirion’s first European manufacturing plant outside the mainland in Debrecen, Switzerland, has reached its highest point. At Tuesday’s bouquet ceremony, Deputy Economic Mayor...
German Firms to Invest HuF 4 BN Hungary
Three major German companies have decided to plough a total of 4 billion forints (EUR 11.1m) into investments in Hungary, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said. The...
Hungary to Renovate 1,000km of Roads in 2021
Hungary will repave about 1,000km of roads at a cost of 190 billion forints (EUR 520m) this year, the Innovation and Technology Ministry said on Friday. The roadwork will be undertaken in more than...
