Latest News for: Hungary investor


Significant Proportion of the Country’s Thermal Waters are Unexploited

Hungary Today 22 May 2024
Hungary has an abundance of thermal waters, in fact the fifth largest thermal water reserve in the world is located here ... Even in the countryside, almost anywhere in Hungary medicinal waters can be found ... A Turkish bath in northern Hungary.

American conservatives love Hungary’s Orbán — but ignore his wooing of China

The Hill 17 May 2024
Beijing is now Hungary’s largest inward investor, and the nation of under than 10 million will see 17 flights a week to China by the middle of this year ... Chinese electric vehicle battery makers are also opening plants in Hungary at breakneck pace.

Domestic Car Manufacturers more Competitive than Western European Rivals

Hungary Today 17 May 2024
The success of the Hungarian automotive industry sends a clear message to manufacturers and investors that it is an economically rational decision to keep production in Hungary, István Joó, government ...

Despite Political Tensions German Investments are Still Resilient in the Country

Hungary Today 15 May 2024
A Bloomberg article has highlighted Hungary’s increasing perception as a risky area for German investors, citing a purported one-third decrease in the value of German investments over three years.
photo: AP / Johanna Geron, Pool Photo via AP, file
File - Hungary's Prime Minister Viktor Orban arrives for an Eastern Partnership Summit in Brussels, Dec. 15, 2021. Bosnian officials and religious leaders have denounced suggestions voiced by Hungarian Prime Minister Viktor Orban and his spokesman that the integration of Bosnia into the European Union will be challenging because of its large Muslim population.

Hungary is helping Europe kiss decoupling goodbye

Asiatimes 14 May 2024

Point of reference

China Daily 13 May 2024
Hungary's pragmatic and balanced economic foreign policy boosts Sino-Hungarian cooperation ... In 2023 China was the top foreign investor in Hungary, with 380 Chinese companies operating in Hungary, employing more than 16, 000 local people.

Xi’s European tour exposed the EU’s persisting divisions

Al Jazeera 13 May 2024
China is the biggest foreign investor in Hungary, having poured some 16 billion euros ($17bn) into various projects ... Hungary is perhaps the most flagrant example, but far from the only one.

Interview: China's technology, economic growth to benefit Hungary, says official

Xinhua 10 May 2024
Hungary has been bringing together German carmakers and Chinese battery producers, Joo told Xinhua in a recent interview ... In 2023, China became the largest investor in Hungary once again after 2020, the report said.

Cooperation in finance sector seen as crucial

China Daily 10 May 2024
The finance minister said he was pleased to see that China has become the largest foreign investor in Hungary in the past two years, covering fields such as logistics, transportation and e-mobility.

China-Hungary relations at their highest point

China Daily 09 May 2024
He cited the fast-growing bilateral trade and the fact that China is the largest investor in Hungary as testimony to the good relationship ... "Our government hopes Hungary will become a hub for Chinese ...

China’s Xi Jinping says China-Hungary relations an ‘all-weather’ strategic partnership

CyprusMail 09 May 2024
China and Hungary will embark on a “golden voyage” in bilateral relations, Chinese President Xi Jinping said after meeting Hungarian Prime Minister Viktor Orban on the third and final stop of his first European tour in five years.

Red carpet for Xi as Hungary eyes EV prize

Hong Kong Standard 09 May 2024
Hungary under right-leaning Prime Minister Viktor Orban has become an important trade and investment partner for China, unlike some other EU nations considering becoming less dependent ... Hungary and ...

China's Xi Jinping says China-Hungary relations an 'all-weather' strategic partnership

Hindustan Times 09 May 2024
China's Xi Jinping says China-Hungary relations an 'all-weather' strategic partnership ... Hungary and China signed 18 agreements after the meeting of their leaders, Hungarian Foreign Minister Peter Szijjarto said in a video on his Facebook page.

Visits showcase good examples of international relations

China Daily 09 May 2024
The fact that Chinese enterprises and investors including the CATL, BYD and Huawei have been warmly welcomed in Hungary explains why China is the top source of foreign direct investment in the Central European country.