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Spar Magyarország is guilty of unfair behaviour towards its food suppliers, causing them Ft 75 billion in damage, the food safety authority Nébih found as it fined the subsidiary of the Dutch retail chain Ft 80 million on Tuesday.
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Belgian vegetable processing company Sugo Food is investing 5.4 billion forints (EUR 15.0m) at its base in Baja, in southern Hungary, Péter Szijjártó, the foreign affairs and trade minister, said.
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The Hungarian unit of Korea’s Sangsin is investing 10.5 billion forints (EUR 29.2m) to expand its base in Jászberény, in eastern Hungary, with a 3.15 billion government grant, Minister of Foreign Affairs and Trade Péter Szijjártó announced.
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Japanese companies play a key role in Hungary’s economic growth, with 19 Japanese companies having invested 21 billion forints (EUR 58.5), creating over 13,000 jobs since the start of the coronavirus pandemic, Foreign Minister Péter Szijjártó said on Facebook, noting he had met Japanese Ambassador Masato Ohtaka for an introductory meeting.
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The foreign ministry and HIPA National Investment Agency have granted SYNLAB Hungary Kft 140 million forints (EUR 390,000) for developments worth 281 million forints related to coronavirus testing, and the facility will be on track to process 5,000 PCR tests per day by the first half of 2021, Péter Szijjártó, the foreign and trade minister, said.
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Hungary’s three-month rolling average jobless rate was 4.4% in Sept-Nov, rising 0.9 of a percentage point from twelve months earlier, the Central Statistical Office (KSH) said. In monthly comparison, unemployment edged up 0.1 of a percentage point.
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