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Trade with Other EU States Accounted for 77% of Hungary’s Exports, 70% of its Imports

Trade with Other EU States Accounted for 77% of Hungary’s Exports, 70% of its Imports

Hungary’s trade surplus reached 708 million euros in August, widening from 559 million euros in the previous month, the Central Statistical Office (KSH) said in a first reading of data.
Nestlé Investing HUF 90 Billion in Pet Food Plant in SW Hungary

Nestlé Investing HUF 90 Billion in Pet Food Plant in SW Hungary

Nestlé Hungária is investing 90 billion forints (EUR 231.5m) to expand the capacity of its plant in Bük, in south-west Hungary, and will create 280 jobs in the process, Péter Szijjártó, the minister of foreign affairs and trade, said.
Big Build: Lego to Invest HUF 54 Billion at Base in Hungary

Big Build: Lego to Invest HUF 54 Billion at Base in Hungary

Danish toy manufacturer LEGO will invest 54 billion forints in 2023-2025 to expand packaging and warehouse capacities at its base in Nyiregyhaza, in north-east Hungary, creating 300 jobs, Péter Szijjártó, the foreign minister said.
Swiss Stadler to Invest HUF 17 Billion in Hungary for Capacity Expansion at Szolnok Plant

Swiss Stadler to Invest HUF 17 Billion in Hungary for Capacity Expansion at Szolnok Plant

Swiss train carriage manufacturer Stadler is investing 17 billion forints (EUR 44.2m) to expand production capacity at its plant in Szolnok, in eastern Hungary, creating 170 jobs, Péter Szijjártó, the minister of foreign affairs and trade said.
French Pharma Firm Inaugurates HUF 8 Billion Expansion in Hungary

French Pharma Firm Inaugurates HUF 8 Billion Expansion in Hungary

French pharmaceutical company Sanofi inaugurated an 8 billion forint (EUR 20.7m) expansion at its base in Miskolc, in north-eastern Hungary.
Moody’s Gives Positive Assessment of Hungary’s Return to Path of High Growth

Moody’s Gives Positive Assessment of Hungary’s Return to Path of High Growth

Moody’s has affirmed Hungary’s investment grade rating in spite of the crisis caused by the war and sanctions, the Finance Ministry told MTI.
Hungary Continues Using 'Risky' Chinese Security Systems Blacklisted in Several Countries

Hungary Continues Using 'Risky' Chinese Security Systems Blacklisted in Several Countries

Ukrainian sources suspect that through digital backdoors in Chinese-made surveillance systems, the Russian armed forces were able to spy on Ukrainian cities.
Budapest is Now A “Must-Visit” City, Says Orbán

Budapest is Now A “Must-Visit” City, Says Orbán

PM Orbán said the World Athletics Championships and other similar top sporting events sent a message to the world that Budapest is “must-visit” city.
Analysis: GDP Contracts by 2.4% in Hungary

Analysis: GDP Contracts by 2.4% in Hungary

Hungary’s economy contracted by an annual 2.4% in the second quarter, a first reading of data released by the Central Statistical Office (KSH) shows.
Trade with Other EU States Accounted for 77% of Hungary’s Exports, 70% of its Imports

Trade with Other EU States Accounted for 77% of Hungary’s Exports, 70% of its Imports

Hungary’s trade surplus reached 708 million euros in August, widening from 559 million euros in the previous month, the Central Statistical Office (KSH) said in a first reading of data.
Nestlé Investing HUF 90 Billion in Pet Food Plant in SW Hungary

Nestlé Investing HUF 90 Billion in Pet Food Plant in SW Hungary

Nestlé Hungária is investing 90 billion forints (EUR 231.5m) to expand the capacity of its plant in Bük, in south-west Hungary, and will create 280 jobs in the process, Péter Szijjártó, the minister of foreign affairs and trade, said.
Big Build: Lego to Invest HUF 54 Billion at Base in Hungary

Big Build: Lego to Invest HUF 54 Billion at Base in Hungary

Danish toy manufacturer LEGO will invest 54 billion forints in 2023-2025 to expand packaging and warehouse capacities at its base in Nyiregyhaza, in north-east Hungary, creating 300 jobs, Péter Szijjártó, the foreign minister said.
Swiss Stadler to Invest HUF 17 Billion in Hungary for Capacity Expansion at Szolnok Plant

Swiss Stadler to Invest HUF 17 Billion in Hungary for Capacity Expansion at Szolnok Plant

Swiss train carriage manufacturer Stadler is investing 17 billion forints (EUR 44.2m) to expand production capacity at its plant in Szolnok, in eastern Hungary, creating 170 jobs, Péter Szijjártó, the minister of foreign affairs and trade said.
French Pharma Firm Inaugurates HUF 8 Billion Expansion in Hungary

French Pharma Firm Inaugurates HUF 8 Billion Expansion in Hungary

French pharmaceutical company Sanofi inaugurated an 8 billion forint (EUR 20.7m) expansion at its base in Miskolc, in north-eastern Hungary.
Moody’s Gives Positive Assessment of Hungary’s Return to Path of High Growth

Moody’s Gives Positive Assessment of Hungary’s Return to Path of High Growth

Moody’s has affirmed Hungary’s investment grade rating in spite of the crisis caused by the war and sanctions, the Finance Ministry told MTI.
Hungary Continues Using 'Risky' Chinese Security Systems Blacklisted in Several Countries

Hungary Continues Using 'Risky' Chinese Security Systems Blacklisted in Several Countries

Ukrainian sources suspect that through digital backdoors in Chinese-made surveillance systems, the Russian armed forces were able to spy on Ukrainian cities.
Budapest is Now A “Must-Visit” City, Says Orbán

Budapest is Now A “Must-Visit” City, Says Orbán

PM Orbán said the World Athletics Championships and other similar top sporting events sent a message to the world that Budapest is “must-visit” city.
Analysis: GDP Contracts by 2.4% in Hungary

Analysis: GDP Contracts by 2.4% in Hungary

Hungary’s economy contracted by an annual 2.4% in the second quarter, a first reading of data released by the Central Statistical Office (KSH) shows.