• Audi To Set Up HUF 6.15 Bn R+D Centre In Hungary

    Audi To Set Up HUF 6.15 Bn R+D Centre In Hungary

    • 23 Feb 2018 8:19 AM

    “Audi will be establishing a new research and development centre in Győr with an investment of 6.15 billion forints (EUR 19.7 million), one fifth of which is being funded by the Hungarian Government”, Minister of Foreign Affairs and Trade Péter Szijjártó announced at an event in Budapest to celebrate the 25th anniversary of the establishment of the automotive giant’s Hungarian subsidiary.

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  • Continental To Build EUR 100 M Plant In Eastern Hungary

    Continental To Build EUR 100 M Plant In Eastern Hungary

    • 22 Feb 2018 8:02 AM

    German-owned car parts supplier Continental will build a 100 million euro 7,000 sqm parts plant in Debrecen, in eastern Hungary, Péter Szijjártó, the foreign affairs and trade minister, announced in Budapest on Wednesday.

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  • Economic Cooperation Signed With Sierra Leone

    Economic Cooperation Signed With Sierra Leone

    • 31 Jan 2018 8:18 AM

    Sierra Leone’s comprehensive economic strategy matches well with the Hungarian, making it a perfect target for successful investments, Foreign Minister Péter Szijjártó said in Budapest on Tuesday at a joint press conference with Kaifala Marah, his Sierra Leonean counterpart.

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  • Hungary Jobless Rate Reaches 3.8%

    Hungary Jobless Rate Reaches 3.8%

    • 31 Jan 2018 8:10 AM

    Hungary’s rolling average threemonth jobless rate reached 3.8% in October-December, unchanged from the previous three-month period, the Central Statistical Office (KSH) said. The October-December rate fell from 4.4% in the same period a year earlier.

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