94 result(s) for automotive sector
LG & Magna Investment To Create New Jobs In NE Hungary
- 6 Dec 2023 6:53 AM
- hungarymatters.hu
- business
A consortium of South Korea’s LG and Canada’s Magna is investing 20 billion forints (EUR 52.7m) in building its first European plant turning out parts for electric cars, in Miskolc, in north-east Hungary, the foreign minister said in Budapest.
Hungary's Role in European Car Industry 'Akin to Life Insurance Policy'
- 31 Mar 2023 8:47 AM
- hungarymatters.hu
- business
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.
Hungary is Key Meeting Point for Eastern & Western Car Industries, says FM
- 18 Nov 2022 6:26 AM
- hungarymatters.hu
- business
Hungary is the meeting point for the Eastern and Western automotive industries, the minister of foreign affairs and trade said at the inauguration of South Korean chemicals company Chokwang Paint’s new plant in Heves, in eastern Hungary.
GDP in Hungary up 4 % for Q3
- 16 Nov 2022 9:40 AM
- hungarymatters.hu
- finance
Hungary’s GDP grew by an annual 4.0% in the third quarter, slowing from 6.5% in Q2 on a “significant” decline in the agricultural sector, the Central Statistical Office (KSH) said in a first reading of data.
New Direct Flight Launched Between Hungary & Korea
- 4 Oct 2022 7:28 AM
- hungarymatters.hu
- travel
A new direct flight between Budapest and Seoul will help to enhance the “success story” of Hungary-South Korea cooperation, Péter Szijjártó, the minister of foreign affairs and trade, said at an event organised by South Korean flag carrier Korean Air.
Car Industry Output in Hungary Up 13% in First Seven Months Of 2022, According to Szijjártó
- 28 Sep 2022 9:04 AM
- hungarymatters.hu
- business
Output of Hungary’s automotive industry rose by 13% to 6,600 billion forints (EUR 16.2bn) in the first seven months of the year, the minister of foreign affairs and trade said, adding that there was a “realistic chance” that the sector’s output could reach 10,000 billion forints “in spite of the recession environment”.
New HUF 400 Billion Investment by Mercedes on Hungarian Plant
- 22 Jul 2022 10:38 AM
- hungarymatters.hu
- business
Mercedes-Benz will spend 400 billion forints (EUR 1 bn) to add new production lines to its plant in Kecskemét, in central Hungary, Péter Szijjártó, the minister of foreign affairs and trade, announced.
Audi To Build New Electric Engine Plant in NW Hungary
- 22 Jun 2022 8:46 AM
- hungarymatters.hu
- business
Audi is investing 120 billion forints (EUR 301m) to build a new plant turning out electric motors for Volkswagen Group cars in Győr, in north-western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, announced on Tuesday.
Trade Deficit at 475 Million Euro This April in Hungary
- 9 Jun 2022 8:59 AM
- hungarymatters.hu
- finance
Hungary’s trade balance showed a 475 million euro deficit in April, the Central Statistical Office (KSH) said in a first reading of data. Hungary had a trade deficit for the tenth month in a row, KSH said.
LG & Magna Investment To Create New Jobs In NE Hungary
- 6 Dec 2023 6:53 AM
- hungarymatters.hu
- business
A consortium of South Korea’s LG and Canada’s Magna is investing 20 billion forints (EUR 52.7m) in building its first European plant turning out parts for electric cars, in Miskolc, in north-east Hungary, the foreign minister said in Budapest.
Hungary's Role in European Car Industry 'Akin to Life Insurance Policy'
- 31 Mar 2023 8:47 AM
- hungarymatters.hu
- business
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.
Hungary is Key Meeting Point for Eastern & Western Car Industries, says FM
- 18 Nov 2022 6:26 AM
- hungarymatters.hu
- business
Hungary is the meeting point for the Eastern and Western automotive industries, the minister of foreign affairs and trade said at the inauguration of South Korean chemicals company Chokwang Paint’s new plant in Heves, in eastern Hungary.
GDP in Hungary up 4 % for Q3
- 16 Nov 2022 9:40 AM
- hungarymatters.hu
- finance
Hungary’s GDP grew by an annual 4.0% in the third quarter, slowing from 6.5% in Q2 on a “significant” decline in the agricultural sector, the Central Statistical Office (KSH) said in a first reading of data.
New Direct Flight Launched Between Hungary & Korea
- 4 Oct 2022 7:28 AM
- hungarymatters.hu
- travel
A new direct flight between Budapest and Seoul will help to enhance the “success story” of Hungary-South Korea cooperation, Péter Szijjártó, the minister of foreign affairs and trade, said at an event organised by South Korean flag carrier Korean Air.
Car Industry Output in Hungary Up 13% in First Seven Months Of 2022, According to Szijjártó
- 28 Sep 2022 9:04 AM
- hungarymatters.hu
- business
Output of Hungary’s automotive industry rose by 13% to 6,600 billion forints (EUR 16.2bn) in the first seven months of the year, the minister of foreign affairs and trade said, adding that there was a “realistic chance” that the sector’s output could reach 10,000 billion forints “in spite of the recession environment”.
New HUF 400 Billion Investment by Mercedes on Hungarian Plant
- 22 Jul 2022 10:38 AM
- hungarymatters.hu
- business
Mercedes-Benz will spend 400 billion forints (EUR 1 bn) to add new production lines to its plant in Kecskemét, in central Hungary, Péter Szijjártó, the minister of foreign affairs and trade, announced.
Audi To Build New Electric Engine Plant in NW Hungary
- 22 Jun 2022 8:46 AM
- hungarymatters.hu
- business
Audi is investing 120 billion forints (EUR 301m) to build a new plant turning out electric motors for Volkswagen Group cars in Győr, in north-western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, announced on Tuesday.
Trade Deficit at 475 Million Euro This April in Hungary
- 9 Jun 2022 8:59 AM
- hungarymatters.hu
- finance
Hungary’s trade balance showed a 475 million euro deficit in April, the Central Statistical Office (KSH) said in a first reading of data. Hungary had a trade deficit for the tenth month in a row, KSH said.


















