• Video: Hungary, ExxonMobil Sign Strategic Agreement

    Video: Hungary, ExxonMobil Sign Strategic Agreement

    • 8 Jun 2018 8:41 AM

    The Hungarian government and U.S. oil and gas company ExxonMobil concluded a strategic partnership agreement in Budapest on Friday. ExxonMobil will thus play an important role in shaping Hungary’s future, said Minister of Foreign Affairs and Trade Péter Szijjártó.

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  • Hungary Investment Volume Climbs Over 17% In Q1

    Hungary Investment Volume Climbs Over 17% In Q1

    • 1 Jun 2018 8:29 AM

    Investment volume in Hungary increased by an annual 17.3% in the first quarter, the Central Statistical Office (KSH) said. Construction investments jumped by 26.4% and investments in machinery rose by 10.4%.

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  • Govt Submits Proposed Amendment To Comply With GDPR

    Govt Submits Proposed Amendment To Comply With GDPR

    • 31 May 2018 7:34 AM

    The government has submitted an amendment to the law on informational self-determination and freedom of information to harmonise legislation with the EU’s new General Data Protection Regulation (GDPR), parliament’s website said. Under the amendment, SMEs violating the regulation would be warned, it said.

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  • Budapest, Shanghai Friendship Pact Approved

    Budapest, Shanghai Friendship Pact Approved

    • 30 May 2018 2:39 PM

    The Budapest Assembly on Wednesday unanimously approved a new pact between Budapest and Shanghai, China on the promotion of friendship and the exchange of experiences that lasts until 2022.

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  • Is Number Of Hungarians Working Abroad Significant?

    Is Number Of Hungarians Working Abroad Significant?

    • 30 May 2018 9:03 AM

    Magyar Idők reports that 325,000 Hungarians work in another EU country, a low number in regional comparison. The daily, citing Eurostat statistics, noted that 5.2% of the 20- 64 age group work in another EU country, making Hungary the 13th highest exporter of workers out of 28 EU member states.

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