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investment

Government Backs Developments at the Hungaroring

The government supports the planned development works of Hungaroring in Mogyoród, and according to preliminary plans, the 2026 Hungarian Grand Prix will be held in the completely renovated facility….

Szijjártó: Hungarian Automotive Industry is an Economic Life Insurance

Péter Szijjártó pointed out that Hungary is already the world’s fourth-largest producer of electric batteries and that in the last thirteen months, batteries have been the country’s top export product….

Environmental Harm Versus Economic Growth? — The Politicising of Battery Manufacturing in Hungary

Hungary’s green party, LMP vocally objects to the planned investments on environmental grounds. First, it started organising a local referendum in Debrecen on the matter. Although the party did get a green light to collect signatures for the plebiscite, it…

Árpád János Potápi: No Development Will Remain Unfinished

‘Every investment that started with the support of the Hungarian government will be completed, whether it is the construction of a kindergarten, nursery, school, university, community spaces, or the renovation of a church.’…

Bosch Announces 70 Billion Investment in Hungary

Bosch has announced another massive investment in Hungary in order to focus more on developing new technologies toward electromobility….

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