investment

17/09/2024

Orbán family profits from Budapest-Belgrade railway renovation through quarry contracts

Beyond the known participation of Lőrinc Mészáros' companies, internal documents reveal that Viktor Orbán's direct family members have also profited from the massive state-funded development. #BudapestBelgrade #Budapest #Belgrade #railway
13/09/2024

Home prices up again in Hungary

Home prices in Hungary rose 6.5pc year-on-year in August, after climbing 6.4pc in July, listings site ingatlan.com said on Friday. #homeprices #property #realestate #budapest
13/09/2024

Hungary secures controlling stake in regional railway operator GySEV

The Austrians failed to keep up with their part of the capital raises, GySEV now owned by two states:
12/09/2024

Hungarian FM Szijjártó: International corporate world continues to trust Hungary

Continuous investment records prove that the players in the international corporate world continue to trust Hungary, FM Szijjártó said. #investment #corporate #Tatabánya #FM #business
11/09/2024

Norway’s Hydro inaugurates aluminium recycling plant in Hungary

Norway's Hydro started operating a new aluminium recycling plant in Székesfehérvár. #Hydro #energy #aluminium
10/09/2024

The 24th China International Fair for Investment & Trade opens in Xiamen

Unlocking the Golden Opportunities to Win-Win Cooperation:
10/09/2024

Unveiled: How Hungary plans to spend the Chinese loan funds

Here are the first reports on how Hungary plans to spend its huge, EUR 1 billion Chinese loan. #China #loan #money
07/09/2024

China considers building an aviation hub at Budapest Airport

The Chinese airline hub would facilitate further travel from Budapest to Western destinations for Chinese passengers. #China #aviation #airline #BudapestAirport #Budapest #airport
06/09/2024

Hungarian central bank governor says PM Orbán derailed Hungary’s economy

The central bank governor said there was no economic policy direction in Hungary between 2021 and 2024, jeopardizing the achievements and goals. #mnb #centralbank #government #orbancabinet #viktororban #gyorgymatolcsy
06/09/2024

CRRC ZELC to build Chinese-Hungarian train factory in Hungary

The Chinese state-owned company and Acemil also aim to set up a railway education, training, and R&D centre.
04/09/2024

Hungarian Festipay strategic agreement for cashless payment services in the Middle East – UPDATED

Will Hungarian integrated cashless payment solutions and event planning services conquer the Middle East? #middleeast #festipay #gss #economy
03/09/2024

BMW to build Hungary’s largest solar farm

German car manufacturing giant BMW's solar plant will be the largest in Hungary as well as the largest owned by the company:
02/09/2024

Austrian Kronospan completes €5.1 million capacity expansion in Hungary

"Austria is Hungary's 4th largest trading partner"
28/08/2024

Construction of Hungary’s seaport moves one step closer – But with reduced functionality

Find out when Hungary's seaport will become operational and how the project's details have changed.
27/08/2024

Spain blocks Hungarian Talgo train factory deal over Orbán’s Russia ties

A generous offer derailed by political concerns. #Orbán #Putin #Russia #Talgo #Spain #railway #train
27/08/2024

Budapest Marriott Hotel up for sale, Orbán’s son-in-law’s company among potential buyers

It's been revealed that one of the leading contenders for the hotel's purchase is the BDPST Group, a company tied to István Tiborcz, PM Viktor Orbán’s son-in-law. #hotel #Budapest #investment #Orbán
24/08/2024

Hungary’s debt to China skyrockets, raising financial concerns

Hungary has significantly increased its financial and strategic ties with China, borrowing over EUR 1 billion in secret loans and engaging in large-scale infrastructure projects recently.
24/08/2024

Vote on Budapest community budget proposals!

A registered Budapest address is not required to be eligible. #Budapest #budget #investment #community
23/08/2024

High-end parking craze in Budapest: Buyers shell out millions for premium garages

The most expensive garage is listed at an astounding HUF 229 million (EUR 580 thousand). #garage #parking #car #travel #property #investment
22/08/2024

The Impact of Foreign Direct Investment on Hungary’s Small and Medium Enterprises

Foreign Direct Investment (FDI) has been a significant driver of economic growth across many countries, and Hungary is no exception.