Subscribe to our social channels to get the latest news about Hungary!
HungaryTrends – The previous week in business and finance
Change language:
See below MTI’s main business and financial news from the previous week:
AUDI HUNGARIA PRODUCES ALMOST 2M ENGINES, MORE THAN 160,000 VEHICLES IN 2019
German car maker Audi turned out almost 2 million engines and more than 160,000 vehicles at its base in Gyor, northwest Hungary, last year, Audi Hungaria said. Audi Hungaria made 1,968,742 engines at the plant, 14,441 more than in 2018. The number of vehicles that rolled off the line in Gyor rose by 64,817 to 164,817.
CJEU ADVISER STANDS BY HUNGARY APPEAL OF PROGRESSIVE RATES DECISION
A top adviser of the Court of Justice of the European Union (CJEU) said an earlier appeal by Hungary against a prohibition of the application of progressive rates for tobacco company healthcare contributions and supermarket oversight fees should not have been rejected. Advocate General Juliane Kokott said in an opinion that Hungary’s appeal was well-founded, thus a decision rejecting it should be voided, while the ruling on the suspension of the progressive taxes should be annulled.
HUNGARY TO ATTRACT MORE BOLLYWOOD PRODUCTIONS
Hungary is close to sealing a film production deal with India that could bring more Bollywood projects to the country, Minister of Foreign Affairs and Trade Péter Szijjártó told MTI by phone from New Delhi. He added that Indians like to visit the places they see in Indian films, noting that the number of Indian tourists who travelled to Hungary last year rose 25 percent to more than 50,000.