investment
How British companies are thriving in Hungary
Several British companies have had success in the Hungarian market since starting operations.
Chinese BYD signs cooperation agreement with vocational training, higher education institutions
BYD Auto Hungary, the local unit of Chinese EV maker BYD, which is building a plant in Szeged (SE Hungary), signed a cooperation agreement with six vocational training centres and...
Hungary investment support framework modified to step up R+D, supplier cooperation
Hungary has modified the framework of conditions for investment support awarded on a case-by-case basis to boost research and development activities and cooperation with local suppliers.
New Hungarian innovation could speed up vaccine production
Sentimento, which makes equipment for the pharma, food and chemicals industries, has developed a complex system for accelerating the production of egg-based vaccines in a project with Fluart Innovative Vaccines...
Hungarian government announces looser stipulations for conditional SME funding
The Hungarian government is easing stipulations on business growth for SMEs that are awarded conditional funding in some European Union programmes.
Trump’s tariffs will postpone expansions in automotive, battery sectors in Hungary
The ministry seems to be confident that Hungary's economy will have a breakthrough year in 2025, but analysts voice concerns. #hungarianeconomy #hungariangovernment #trump #tariff #economiccrisis