Video: Compensation Scheme To Improve Competitiveness Of Companies In Hungary
- 11 Dec 2020 9:42 AM
Source:
HIPA - Hungarian Investment Promotion Agency
Source:
HIPA - Hungarian Investment Promotion Agency
Hungary's economy is expanding at a rate 50pc over the European Union average, but it needs to grow even faster, Prime Minister Viktor Orban told lawmakers in parliament on Monday at the start of the autumn session.
Hungarian-American bilateral trade set a new record, exceeding 9 billion dollars last year, while US investments continue to flow into Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said in Washington, DC, noting that the United States is Hungary’s biggest export market outside the European Union.
Mercedes-Benz Manufacturing Hungary will hire 3,000 workers in Kecskemét in order to fully utilise new production units, CEO Christian Wolff told Portfolio in an interview.
The future of the Hungarian economy and environmental protection lies in green energy, and the country has taken a major step towards meeting the goals related to it with broad international cooperation, the foreign minister said.
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