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Multinational energy company Shell inaugurated a filling station offering liquefied natural gas (LNG) in Szigetszentmiklós, next to the M0 motorway, its first in the region, Péter Szijjártó, the foreign minister said.
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The government has decided to terminate Hungary’s membership of the International Investment Bank (IIB), the economic development ministry said on Thursday, a day after the United States imposed sanctions on the Budapest-based bank and three of its senior executives resident in Hungary.
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Half of the startups launched in Hungary have moved their headquarters abroad, mainly to the US, UK and Estonia, or are planning to move them in the coming year, according to the 2022 Hungarian Startup report.
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Economic cooperation is currently the strongest pillar of Hungarian-US relations, and Hungary is counting on US companies to bolster ties between the two countries, the minister of foreign affairs and trade said in Budapest.
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Hungary having become a crucial player in Europe’s auto industry is “akin to an economic life insurance policy”, Péter Szijjártó, the minister of foreign affairs and trade, told a conference on Thursday.
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The Hungarian Investment Promotion Agency (HIPA) recognized investors in nine categories at its annual "Investors of the Year" awards ceremony last week.
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