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Watch: What's Behind China's Massive Bet on Hungary?

Watch: What's Behind China's Massive Bet on Hungary?

  • 13 Aug 2024 12:37 PM
  • current affairs
China is investing billions in Hungary. It's using the country as an entryway into the European market. A planned BYD giga factory and several battery plants are promising jobs for locals - and a way for Beijing to bypass EU import tariffs.
New ‘Hungarian Grand Strategy’ Unveiled by Orbán - Opposition Parties Slam His Speech

New ‘Hungarian Grand Strategy’ Unveiled by Orbán - Opposition Parties Slam His Speech

Changes in the world order are under way and Asia will be at its centre, so a “Hungarian grand strategy” is both needed and in the pipeline, Prime Minister Viktor Orbán said in his address at the Bálványos Summer University in Băile Tuşnad, Romania.
Why is S. Korea's Bumchun Investing HUF 21 billion in N.E. Hungary?

Why is S. Korea's Bumchun Investing HUF 21 billion in N.E. Hungary?

BC GEN Hungary, the local unit of South Korea’s Bumchun, is investing 21 billion forints to triple battery terminal capacity at its base in Salgótarján, in north-eastern Hungary,
Shocking Revelations: How Hungarians Are Targeted For Sex Work in Western Europe

Shocking Revelations: How Hungarians Are Targeted For Sex Work in Western Europe

  • 18 Jul 2024 9:36 AM
  • current affairs
Although encouraging prostitution is a criminal offence In Hungary, the authorities say there is nothing wrong with openly advertising foreign sex work to Hungarian women. Direkt36 looked behind the sex work advertisements as part of an international investigative project.
Debrecen Base of Wizz Air to Be Closed, Low-Cost Airline in Trouble?

Debrecen Base of Wizz Air to Be Closed, Low-Cost Airline in Trouble?

Wizz Air will transfer its aircraft based at the Debrecen International Airport to Budapest on October 27 to “consolidate its operations” at Liszt Ferenc International Airport.
Russia’s Mere to Open First Shop in Budapest

Russia’s Mere to Open First Shop in Budapest

The Russian discount chain Mere will soon open its first store in Hungary, in Budapest’s Fourth District, local website Újpesti Hírmondó reports.
Hungary’s EU Presidency to Highlight 7 Priority Areas

Hungary’s EU Presidency to Highlight 7 Priority Areas

Hungary’s European Union (EU) presidency will focus on seven priority areas, János Bóka, the EU affairs minister, said.
Japanese TDK Investing HUF 26 Billion in Western Hungary

Japanese TDK Investing HUF 26 Billion in Western Hungary

TDK could create 250 jobs with a 26 billion forint (EUR 67m) investment in Szombathely, western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said at the inauguration of a building at the Japanese-owned company’s base in the city.
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.
Watch: What's Behind China's Massive Bet on Hungary?

Watch: What's Behind China's Massive Bet on Hungary?

  • 13 Aug 2024 12:37 PM
  • current affairs
China is investing billions in Hungary. It's using the country as an entryway into the European market. A planned BYD giga factory and several battery plants are promising jobs for locals - and a way for Beijing to bypass EU import tariffs.
New ‘Hungarian Grand Strategy’ Unveiled by Orbán - Opposition Parties Slam His Speech

New ‘Hungarian Grand Strategy’ Unveiled by Orbán - Opposition Parties Slam His Speech

Changes in the world order are under way and Asia will be at its centre, so a “Hungarian grand strategy” is both needed and in the pipeline, Prime Minister Viktor Orbán said in his address at the Bálványos Summer University in Băile Tuşnad, Romania.
Why is S. Korea's Bumchun Investing HUF 21 billion in N.E. Hungary?

Why is S. Korea's Bumchun Investing HUF 21 billion in N.E. Hungary?

BC GEN Hungary, the local unit of South Korea’s Bumchun, is investing 21 billion forints to triple battery terminal capacity at its base in Salgótarján, in north-eastern Hungary,
Shocking Revelations: How Hungarians Are Targeted For Sex Work in Western Europe

Shocking Revelations: How Hungarians Are Targeted For Sex Work in Western Europe

  • 18 Jul 2024 9:36 AM
  • current affairs
Although encouraging prostitution is a criminal offence In Hungary, the authorities say there is nothing wrong with openly advertising foreign sex work to Hungarian women. Direkt36 looked behind the sex work advertisements as part of an international investigative project.
Debrecen Base of Wizz Air to Be Closed, Low-Cost Airline in Trouble?

Debrecen Base of Wizz Air to Be Closed, Low-Cost Airline in Trouble?

Wizz Air will transfer its aircraft based at the Debrecen International Airport to Budapest on October 27 to “consolidate its operations” at Liszt Ferenc International Airport.
Russia’s Mere to Open First Shop in Budapest

Russia’s Mere to Open First Shop in Budapest

The Russian discount chain Mere will soon open its first store in Hungary, in Budapest’s Fourth District, local website Újpesti Hírmondó reports.
Hungary’s EU Presidency to Highlight 7 Priority Areas

Hungary’s EU Presidency to Highlight 7 Priority Areas

Hungary’s European Union (EU) presidency will focus on seven priority areas, János Bóka, the EU affairs minister, said.
Japanese TDK Investing HUF 26 Billion in Western Hungary

Japanese TDK Investing HUF 26 Billion in Western Hungary

TDK could create 250 jobs with a 26 billion forint (EUR 67m) investment in Szombathely, western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said at the inauguration of a building at the Japanese-owned company’s base in the city.
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.