News
Products in the EU will receive a digital passport
The European Union generates more than 2.2 billion tonnes of waste every year, and the amount of electronic waste worldwide has already risen to over 60 million tonnes. One of the biggest obstacles to the circular economy is that when a product is no longer in use,...
Hungary Exports Grow 6.1% YR/YR in September
Hungary’s exports grew by an annual 6.1% to 10.285 billion euros in September, while imports declined by 0.8% to 9.144 billion, according to a second reading of data released by the Central...
Season’s greetings
Dear Clients, The Chamber of Commerce and Industry of Hajdú-Bihar County wishes you a Merry Christmas and a Happy New Year! We would like to inform our clients that the Debrecen office and the...
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...
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...
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...
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,...
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...
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...
Gov’t to Extend Curfew from 8 pm to 5 am Starting from Wednesday
Hungary’s government is to tighten measures in an effort to curb the spread of the coronavirus as hospitals might struggle to handle the growing case load, Prime Minister Viktor Orbán said on...
