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Official: Number of Expats in Hungary From Western Europe up Significantly Since 2015

Official: Number of Expats in Hungary From Western Europe up Significantly Since 2015

Because of the migration pressure, the number of people coming from western Europe to settle in Hungary has gone up between 20% and 40% over the past several years, the interior ministry’s parliamentary state secretary said at a farewell ceremony for a police contingent in Budapest.
New HUF 45 Billion E-Mobility Investment in W Hungary

New HUF 45 Billion E-Mobility Investment in W Hungary

Multinational automaker Stellantis is investing 45 billion forints (EUR 116.2m) in moving the “key element” of its electromobility strategy to Hungary, securing the future of the Opel plant in Szentgotthárd, in western Hungary, the minister of foreign affairs and trade said.
Budapest to Get HUF 300 Billion in EU Funding, to Turn Capital into “a Green, Open City of Opportunities”

Budapest to Get HUF 300 Billion in EU Funding, to Turn Capital into “a Green, Open City of Opportunities”

Budapest is set to receive 300 billion forints (EUR 775.8m) in European Union development funding over the coming years, the Mayor’s Office said.
Inquiry Started After Factory Hires Foreigners Ahead of Hungarians

Inquiry Started After Factory Hires Foreigners Ahead of Hungarians

The Economy Ministry has launched an inquiry after Asian workers were hired instead of Hungarians in a factory in Salgotarjan.
Updated: Number of Foreigners Working in Hungary Nears 100,000

Updated: Number of Foreigners Working in Hungary Nears 100,000

Growing foreign direct investment and domestic full employment make it necessary for Hungary to receive an increasing number of guest workers from Asia.
Interview: Emese Danks, Member of Advisory Board of the BFO's Managing Director

Interview: Emese Danks, Member of Advisory Board of the BFO's Managing Director

  • 19 Jan 2024 8:14 AM
  • community & culture
Emese Danks has been involved in the work of the advisory board of the BFO’s managing director, Orsolya Erdődy, for several years.

"European Champion”: Record FDI Received by Hungary in 2023 - China Largest Investor

Hungary drew record investments of more than 13 billion euros in 2023, Péter Szijjártó, the minister of foreign affairs and trade said.
Hungarian Workers Getting Replaced with Foreigners, Claims Far-Right in Hungary

Hungarian Workers Getting Replaced with Foreigners, Claims Far-Right in Hungary

Opposition Mi Hazánk labour expert János Lantos condemned that “Hungarian workers are getting fired and replaced with foreigners” throughout the country. He told a press conference that government claims about foreigners only getting employed for jobs that cannot be filled by Hungarians were untrue.
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.
Official: Number of Expats in Hungary From Western Europe up Significantly Since 2015

Official: Number of Expats in Hungary From Western Europe up Significantly Since 2015

Because of the migration pressure, the number of people coming from western Europe to settle in Hungary has gone up between 20% and 40% over the past several years, the interior ministry’s parliamentary state secretary said at a farewell ceremony for a police contingent in Budapest.
New HUF 45 Billion E-Mobility Investment in W Hungary

New HUF 45 Billion E-Mobility Investment in W Hungary

Multinational automaker Stellantis is investing 45 billion forints (EUR 116.2m) in moving the “key element” of its electromobility strategy to Hungary, securing the future of the Opel plant in Szentgotthárd, in western Hungary, the minister of foreign affairs and trade said.
Budapest to Get HUF 300 Billion in EU Funding, to Turn Capital into “a Green, Open City of Opportunities”

Budapest to Get HUF 300 Billion in EU Funding, to Turn Capital into “a Green, Open City of Opportunities”

Budapest is set to receive 300 billion forints (EUR 775.8m) in European Union development funding over the coming years, the Mayor’s Office said.
Inquiry Started After Factory Hires Foreigners Ahead of Hungarians

Inquiry Started After Factory Hires Foreigners Ahead of Hungarians

The Economy Ministry has launched an inquiry after Asian workers were hired instead of Hungarians in a factory in Salgotarjan.
Updated: Number of Foreigners Working in Hungary Nears 100,000

Updated: Number of Foreigners Working in Hungary Nears 100,000

Growing foreign direct investment and domestic full employment make it necessary for Hungary to receive an increasing number of guest workers from Asia.
Interview: Emese Danks, Member of Advisory Board of the BFO's Managing Director

Interview: Emese Danks, Member of Advisory Board of the BFO's Managing Director

  • 19 Jan 2024 8:14 AM
  • community & culture
Emese Danks has been involved in the work of the advisory board of the BFO’s managing director, Orsolya Erdődy, for several years.

"European Champion”: Record FDI Received by Hungary in 2023 - China Largest Investor

Hungary drew record investments of more than 13 billion euros in 2023, Péter Szijjártó, the minister of foreign affairs and trade said.
Hungarian Workers Getting Replaced with Foreigners, Claims Far-Right in Hungary

Hungarian Workers Getting Replaced with Foreigners, Claims Far-Right in Hungary

Opposition Mi Hazánk labour expert János Lantos condemned that “Hungarian workers are getting fired and replaced with foreigners” throughout the country. He told a press conference that government claims about foreigners only getting employed for jobs that cannot be filled by Hungarians were untrue.
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.