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Samsung SDI will carry out a 390 billion forint (EUR 1.17m) expansion of its battery plant in Göd near Budapest, creating 1,200 new jobs, Foreign Minister Péter Szijjártó announced.
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As of Monday small and medium-sized enterprises can apply for 5 billion forints (EUR 15m) of government funding to help create high-value added jobs, the finance minister told MTI.
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Hungary’s Magnus Aircraft inaugurated a 5,100 sqm production hall at its base at an airport on the outskirts of Pécs, in south-western Hungary.
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The Global Business Services (GBS) centre of BP in Hungary has evolved to be the largest of the global network within a decade.
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Hungary is a perfect market for growth for Visa, CEO Charlotte Hogg of the credit card company’s European operations told Portfolio in an interview.
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Authorities issued 49,699 work permits to foreigners from January 1 to the end of August, more than half of them to Ukrainians, Privátbankár reports.
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