• HUF 53 Billion Spent by LEGO on Expansion

    HUF 53 Billion Spent by LEGO on Expansion

    21 Jun 2021

    Danish toy manufacturer Lego is investing 53 billion forints (EUR 149.6m) to expand its plant in Nyíregyháza, in northeast Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said. More >>

  • EU Acknowledges Hungary Recovery, Says Finance Minister

    EU Acknowledges Hungary Recovery, Says Finance Minister

    • 21 Jun 2021 11:31 AM

    The European Union acknowledges that Hungary is on the path to economic recovery from the coronavirus crisis, Finance Minister Mihály Varga said, noting that the European Commission has raised its projection for Hungary’s GDP growth this year to 5% from 4%.

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  • Most Advanced Tech Companies Still Investing In Hungary

    Most Advanced Tech Companies Still Investing In Hungary

    • 16 Jun 2021 7:02 AM

    Hungary’s economy is the first in Europe to be relaunched thanks to the government’s successful response to the pandemic, Péter Szijjártó, the foreign minister, said, announcing an investment by electronics giant Foxconn in Komárom on Tuesday.

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  • PM Orbán: Hungary's Economy Poised For Successful Relaunch

    PM Orbán: Hungary's Economy Poised For Successful Relaunch

    • 12 Jun 2021 5:30 AM

    Hungary’s economy is poised for a successful relaunch, Viktor Orbán said in a radio interview on Friday. Addressing the question of how public funds should be dispersed, the prime minister told public broadcaster Kossuth Radio that any extra revenue produced by the economy should be “given back” to the people who worked for it, especially to families who bore the brunt of the coronavirus crisis.

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  • Key Business Measures to Aid Recovery Outlined by PM Orbán

    Key Business Measures to Aid Recovery Outlined by PM Orbán

    • 10 Jun 2021 10:38 AM

    Prime Minister Viktor Orbán, at a business conference, outlined measures that could support the recovery from the coronavirus crisis, including a tax rebate for lower income families, state-subsidised credit for SMEs and a higher minimum wage.

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