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The Hungarian government will carry on with its economic protection measures aimed at offsetting the effects of the novel coronavirus pandemic throughout the autumn, the finance minister told an online conference. More >>
Global companies using cutting-edge technology are putting their trust Hungary, its investment environment and the Hungarian people, Foreign Minister Péter Szijjártó said at the official opening of the Continental test track in Veszprém, in western Hungary.
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Fully 70% of Hungarians say the economy and jobs are most endangered by the coronavirus epidemic, while 27% are most concerned about people’s health, according to a survey by the Századvég Institute.
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Budapest Airport, the operator of Liszt Ferenc International, will carry out further staff cuts in response to travel restrictions in force since September and the slower-than-expected return of travel activity.
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French pharmaceutical company Sanofi is to expand capacity at its Miskolc base, through investment of more than 7 billion forints (EUR 19.5m), with a 1.2 billion government grant, Peter Szijjártó, the minister of foreign affairs and trade, said.
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“The government is providing 282 million forints (EUR 788 thousand) in funding towards the investment of some 600 million forints (EUR 1.68 million) being realised by Szerencsi Bonbon Limited."
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A 60 billion forint (EUR 167.8m) plant will be built in Zalaegerszeg, in western Hungary, to manufacture the Lynx infantry fighting vehicles in cooperation with Germany’s Rheinmetall.
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