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Economy Minister Meets with Leading High-Tech Battery Industry Representatives

On Thursday Minister for National Economy Márton Nagy held a special meeting with representatives from SK ON Hungary and CATL Debrecen, two of the largest and most influential high-tech battery industry companies. The parties reviewed the international situation of the…
Prime Minister Viktor Orbán (C) and Young Hyun Jun (C-R), CEO of Samsung SDI, plant trees at the opening ceremony of Samsung’s factory in Göd, Hungary on 29 May 2017.

Major Investments in Hungary — A Brief Overview

About 5 per cent of the Hungarian GDP is generated by the auto industry, therefore, initially, the EU’s decision to ban the sale of all new combustion-engine cars in 2035 was met with resistance in Hungary. Due to the ban,…

Jobbik Calls For Stopping ‘Migrant Ghettos’ in Debrecen

In the Eastern Hungarian city of Debrecen, Jobbik parliamentary group leader László Lukács criticized the Orbán administration for the number of foreign workers being allowed in the country….

Hungary Named Guest of Honour At World Power Battery Conference

In his video message sent to the conference taking place in Yibin, China, Foreign Minister Péter Szijjártó praised the mutually beneficial strategic cooperation between Hungary and China, and called Hungary ‘a meeting point of Western and Eastern investors’….

Szijjártó: The EU Will Lose Out if it Views China as a Rival

‘If the European Union views China as a rival, it will lose out. It has become evident in recent years that China has a competitive advantage in many areas of the economy,’ the minister declared. He emphasised that if the…

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