News
Export, Import Growth Picks up in December
Hungary’s exports and imports grew at a faster pace in December, the Central Statistical Office (KSH) said on Monday. Exports rose by an annual 11.8 percent to 8.4 billion euros and imports climbed...
Szijjártó: Medicor Building Plant in Turkey
Hungarian health industry producer Medicor has started building a plant in an industrial park in Ankara, Foreign Minister Péter Szijjártó said after talks with Mustafa Varank, Turkey’s minister of...
Foreign Minister: Govt Extends Aid to Export Companies
The government has decided to extend its programme aimed at helping Hungarian export companies, providing access to subsidised EXIM Bank loans until the end of this year, the foreign minister and...
Coronavirus: Serbia Allows Travel from Hungary without Health Checks
Travellers from Hungary can enter Serbia without showing a negative coronavirus test or undergoing mandatory quarantine as of Thursday, the Serbian government said. Serbia has inoculated 513,000 of...
Hungarian Firm Awarded Contract to Build Indonesia Electronic Toll Network
A Hungarian company has been awarded a contract to build and operate Indonesia’s national electronic toll payment network, the minister of foreign affairs and trade said on Saturday. The company,...
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...
