Investment
Government clarifies status of all signed agreements on mini-Dubai development project
All the necessary agreements have been signed between Hungary and the United Arab Emirates on Budapest’s Rákosrendező (as called mini-Dubai) development project and the sides are to extend cooperation to...
New government measures to boost SMEs: €10M hiring fund and successful investment support program
Ministry of National Economy earmarked €10 million for business recruitment, and a high turnout for the investment support scheme, details HERE:
Interest strong for Demján Sándor scheme exporters credit
Subsidised credit schemes to boost the exports of Hungarian SMEs are off to “a flying start”, the National Economy Ministry said in a statement on Tuesday. Applications for HUF 52.7bn...
Family-owned company inaugurates EUR 4.37m pastry plant in Hungary
Family-owned pastry and torte maker Kemenes Cukrászmanufaktúra inaugurated a EUR 4.37m (HUF 1.8bn) plant in Paty, on the capital’s outskirts, on Tuesday. The government supported the investment with HUF 618m,...
Hungarian FM Szijjártó announces major Chinese investment
China’s automotive company Xinzhi is creating almost 900 jobs by investing HUF 50bn in a new plant it is building in Hatvan, east of the capital, Minister of Foreign Affairs...
Socialists slam ‘underhand’ Vodafone sale over EUR 31.3M loss
"The state exchanged high-value shares for ones of lower value in opaque transactions that produced losses seriously detrimental to national interests" #vodafone
Waberer’s to acquire majority stake in GYSEV Cargo
Hungary's second largest railway carrier GYSEV CARGO has fallen into the hands of the Orbán family
