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54 result(s) for automotive sector in Business

Will Hungary Become Asia's 'Economic Gateway' to Europe?

Will Hungary Become Asia's 'Economic Gateway' to Europe?

  • 26 Aug 2025 12:01 PM
  • business
Hungary seeks to become an "economic gateway" between Europe and Asia, a catalyst for economic cooperation between East and West, National Bank of Hungary (NBH) governor Mihaly Varga said at the AFCA Financial Summit Forum in Budapest.
Analysis: German Companies in Hungary Sceptical of Local Business Upturn

Analysis: German Companies in Hungary Sceptical of Local Business Upturn

The Hungarian economy is facing difficult times, as underlined by recent statistical data, and also reflected in the results of the spring survey of members of the German-Hungarian Chamber of Industry and Commerce.
New Interview with Germany’s Ambassador Julia Gross on Economic Partnership with Hungary

New Interview with Germany’s Ambassador Julia Gross on Economic Partnership with Hungary

Germany’s Ambassador to Hungary Julia Gross discusses the economic and personal connections that bind her home country with her current home.
Gov’t Supports Hungarian Businesses Entering Foreign Markets, Says Orbán

Gov’t Supports Hungarian Businesses Entering Foreign Markets, Says Orbán

A crucial component of the Hungarian government’s industrial strategy is to provide incentives to Hungarian businesses entering foreign markets, Prime Minister Viktor Orbán said at the inauguration of a MOL complex in Tiszaújváros, in north-eastern Hungary.
All-Time Low for Jobseekers: Hungary Aiming to Reach Level of Development Equal to 90% of EU Average

All-Time Low for Jobseekers: Hungary Aiming to Reach Level of Development Equal to 90% of EU Average

More and more people in Hungary are willing to work, and the number of economically inactive people is down in just about every age group, Márton Nagy, the national economy minister said.
French-Owned Companies Form the Fifth-Biggest Group of Investors in Hungary

French-Owned Companies Form the Fifth-Biggest Group of Investors in Hungary

National Economy Minister Márton Nagy spoke at the year-opener event of the Hungarian-French Chamber of Commerce and Industry.
EV R&D Ahead After Hungary’s Automotive Industry Set Record Last Year: HUF 12,000 Billion Sales

EV R&D Ahead After Hungary’s Automotive Industry Set Record Last Year: HUF 12,000 Billion Sales

After securing electric car manufacturing investments in the first phase of the competition for attracting such businesses, now Hungary has a good chance of attracting R and D projects in the sector as well, Péter Szijjártó, the minister of foreign affairs and trade said, announcing an investment by the German-owned Schaeffler Savaria, one of the world’s largest automotive suppliers.
LG & Magna Investment To Create New Jobs In NE Hungary

LG & Magna Investment To Create New Jobs In NE Hungary

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'

Hungary's Role in European Car Industry 'Akin to Life Insurance Policy'

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.
Will Hungary Become Asia's 'Economic Gateway' to Europe?

Will Hungary Become Asia's 'Economic Gateway' to Europe?

  • 26 Aug 2025 12:01 PM
  • business
Hungary seeks to become an "economic gateway" between Europe and Asia, a catalyst for economic cooperation between East and West, National Bank of Hungary (NBH) governor Mihaly Varga said at the AFCA Financial Summit Forum in Budapest.
Analysis: German Companies in Hungary Sceptical of Local Business Upturn

Analysis: German Companies in Hungary Sceptical of Local Business Upturn

The Hungarian economy is facing difficult times, as underlined by recent statistical data, and also reflected in the results of the spring survey of members of the German-Hungarian Chamber of Industry and Commerce.
New Interview with Germany’s Ambassador Julia Gross on Economic Partnership with Hungary

New Interview with Germany’s Ambassador Julia Gross on Economic Partnership with Hungary

Germany’s Ambassador to Hungary Julia Gross discusses the economic and personal connections that bind her home country with her current home.
Gov’t Supports Hungarian Businesses Entering Foreign Markets, Says Orbán

Gov’t Supports Hungarian Businesses Entering Foreign Markets, Says Orbán

A crucial component of the Hungarian government’s industrial strategy is to provide incentives to Hungarian businesses entering foreign markets, Prime Minister Viktor Orbán said at the inauguration of a MOL complex in Tiszaújváros, in north-eastern Hungary.
All-Time Low for Jobseekers: Hungary Aiming to Reach Level of Development Equal to 90% of EU Average

All-Time Low for Jobseekers: Hungary Aiming to Reach Level of Development Equal to 90% of EU Average

More and more people in Hungary are willing to work, and the number of economically inactive people is down in just about every age group, Márton Nagy, the national economy minister said.
French-Owned Companies Form the Fifth-Biggest Group of Investors in Hungary

French-Owned Companies Form the Fifth-Biggest Group of Investors in Hungary

National Economy Minister Márton Nagy spoke at the year-opener event of the Hungarian-French Chamber of Commerce and Industry.
EV R&D Ahead After Hungary’s Automotive Industry Set Record Last Year: HUF 12,000 Billion Sales

EV R&D Ahead After Hungary’s Automotive Industry Set Record Last Year: HUF 12,000 Billion Sales

After securing electric car manufacturing investments in the first phase of the competition for attracting such businesses, now Hungary has a good chance of attracting R and D projects in the sector as well, Péter Szijjártó, the minister of foreign affairs and trade said, announcing an investment by the German-owned Schaeffler Savaria, one of the world’s largest automotive suppliers.
LG & Magna Investment To Create New Jobs In NE Hungary

LG & Magna Investment To Create New Jobs In NE Hungary

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'

Hungary's Role in European Car Industry 'Akin to Life Insurance Policy'

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.