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Japanese car maker Suzuki is restarting production at its plant in Esztergom, northern Hungary, on Monday, after a two-week shutdown due to supply chain interruptions, Magyar Suzuki told business daily Világgazdaság.
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Slovenian aircraft manufacturer Pipistrel has concluded a €100 million contract with Hungary’s Generation Aircraft on the production, distribution and after-sales support of the company’s ultralight model to selected markets, Világgazdaság reports, citing Slovenian news agency STA.
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The Hungarian government implemented the largest investment support programme of all time last year, Péter Szijjártó, the minister of foreign affairs and trade, said at the inauguration of an expanded packaging plant in Debrecen, in eastern Hungary.
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Hungary is home to one of the centres of the global automotive industry, the minister of foreign affairs and trade said on Friday, addressing a jubilee celebration of Audi Hungaria.
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The government has decided to put out a bid worth 22 billion forints (EUR 63m) to help Hungarian companies impacted by Brexit this year and advance community funding that will only become available between 2022 and 2025, Foreign Minister Péter Szijjártó said.
More >>The government has approved four proposals made by the body responsible for working out ways to revive Hungary's economy, with a view to boosting the competitiveness of enterprises and developing infrastructure, the foreign and trade minister said.
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