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Due to problems facing the German automotive industry, several large manufacturers are rethinking their plans, with temporary changes meaning that Mercedesʼ factory expansion in Kecskemét will also be postponed, news site index.hu reports, citing information from Daimler HQ in Stuttgart, Germany.
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The business community in Hungary keeps flourishing, the latest development is the creation of the Atlas Award organised by ITL Group, a consultancy firm based in Budapest since 1995.
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The German Business Club kindly invites you and your partner to their Business Ball on 25th May in 2019 at the elegant Pesti Vigadó in downtown Budapest.
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The Hungarian Investment Promotion Agency (HIPA), which closed another record breaking year, handed over prizes in eight categories.
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OTP Bank Chairman-CEO Sándor Csányi (pictured on top) leads this yearʼs list of the "100 Richest" Hungarians with wealth of HUF 360 billion, followed by oligarch Lőrinc Mészáros - a close ally of the government and Prime Minister Viktor Orbán - who has wealth of HUF 296 bln.
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The number of foreign investments seen in Hungary in recent years shows that the country is an “extremely attractive” destination for investors, the innovation and technology minister said in Brussels.
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