Household Electronic Devices Maker Dyson Chooses Hungary for Investment

  • 21 Mar 2024 5:20 AM
  • Hungary Around the Clock
Household Electronic Devices Maker Dyson Chooses Hungary for Investment
Singaporean company Dyson, a leader in the production of household appliances, is planning an investment in Hungary, Foreign Affairs and Trade Minister Péter Szijjártó announced yesterday after a visit to the city.

“We had a particularly successful discussion about this today, and within a few weeks we will be able to report the details of this investment,” he announced.

Szijjártó said that many countries are competing for the investments by the company, a producer of the most innovative household electronic devices, headphones, vacuum cleaners, hairdryers and other devices, but Hungary emerged victorious.
 

********************************************************************************************
You're very welcome to comment, discuss and enjoy more stories, via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary


You can subscribe to our newsletter here:
XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers?
Then just contact us here!

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

  • Hungary-US Trade Record Broken

    Hungary-US Trade Record Broken

    • 8 Mar 2024 7:45 AM

    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.

  • Nestlé to Expand Pet Food Facility in Western Hungary

    Nestlé to Expand Pet Food Facility in Western Hungary

    • 18 Feb 2024 1:12 PM

    Swiss-owned Nestlé Hungária is investing 55 billion forints (EUR 141.3m) to expand its pet food facility in Buk, in western Hungary, the minister of foreign affairs and trade said, adding that the investment will create 130 jobs.

  • New HUF 45 Billion E-Mobility Investment in W Hungary

    New HUF 45 Billion E-Mobility Investment in W Hungary

    • 13 Feb 2024 6:42 AM

    Multinational automaker Stellantis is investing 45 billion forints (EUR 116.2m) in moving the “key element” of its electromobility strategy to Hungary, securing the future of the Opel plant in Szentgotthárd, in western Hungary, the minister of foreign affairs and trade said.

  • Audi Hungária Breaks Ten-Year Output Record

    Audi Hungária Breaks Ten-Year Output Record

    • 19 Jan 2024 10:10 AM

    Audi Hungária turned out 177,000 cars at its production base in Győr, in north-western Hungary, last year, breaking an output record, Péter Szijjártó, minister of foreign affairs and trade, said.

Enjoy more

business CHANNEL SPONSOR

Share your story

We're interested in your stories, and photos, related to expat life in Hungary. Your contributions, and Press Releases, are invited for review before publication in the loop.