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The pharmaceutical industry is a key sector and area of innovation for Hungary and the government’s aim is to increase its share of GDP from the current 6 to 8%, Prime Minister Viktor Orbán said at the inauguration of dietary supplement maker Béres Gyógyszergyár’s new expansion in Szolnok (E Hungary).
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Economic research institute GKI’s combined gauge of consumer and business confidence declined 1.2 points to 5.5 in September, falling for the second month in a row to a level last seen about a year ago.
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Audi Hungaria will manufacture electric cars in the future, acting chairman of Audi AG Abraham Schot announced in Győr on Thursday on the celebration of the 25th anniversary of the subsidiary, without specifying a date.
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Hungarian online news portal index.hu has vowed to stay editorially independent in the face of recent ownership changes, publishing an article clarifying the situation on Tuesday.
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The American Ford, a global leader in the automotive industry, has chosen Hungary as the location for its European Business Service unit.
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Cooperation with Russia is in Hungary’s economic and national security interests, Foreign Minister Péter Szijjártó told public media in Moscow, ahead of a meeting between Hungarian Prime Minister Viktor Orbán and Russian President Vladimir Putin.
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