Subscribe to RSS
Results per page 10


Kazakhstan is Hungary’s strategic partner in Central Asia

Ministry for National Economy, June 3, 2014 10:15 AM

Last year, Kazakhstan was the third largest trading partner of Hungary within the Commonwealth of Independent States, with a total trade volume exceeding USD 261 million and up by 6.5 percent compared to last year. Within the above amount, the value of Hungarian exports was USD 210 million, signalling an increase of 34.3 percent year-on-year, Minister for National Economy Mihály Varga said at the press conference following the fourth session of the Inter-Governmental Committee (IGC) on Hungarian-Kazakh Economic Cooperation.

Areas with the best growth potential must be identified

Ministry for National Economy, June 2, 2014 1:32 PM

Minister for National Economy Mihály Varga, speaking on public broadcaster M1’s Ma reggel and Kossuth Radio’s 180 perc, said that the Government aims to formulate an industrial and economic development programme that identifies sectors upon which EU and domestic funding can be focused.

Foreign ministry profile to be raised

Ministry of Public Administration and Justice, June 2, 2014 12:03 PM

Hungary's foreign ministry, which is to deal with external economic affairs, will raise its profile, the ministry's incoming head, Tibor Navracsics, said in an interview with public radio on Monday.

Exporters had a great start in the new year

Ministry for National Economy, June 2, 2014 11:54 AM

In light of Q1 2014 data, the value of exports to international markets totalled EUR 20.8bn in the observed period. Foreign buyers purchased mainly products of the vehicle manufacturing, machinery manufacturing and food industry.

Top-notch performers at this year’s VeszprémFest again

Ministry of Public Administration and Justice, May 30, 2014 3:50 PM

“Veszprém is a culturally charismatic city, where events are noteworthy all-year-round. Among those, VeszprémFest is a convex lens, which contributes to the strengthening of the city’s fame with world-renowned artists”, said Minister of Public Administration and Justice Tibor Navracsics, parliamentary representative of the city of Veszprém this Friday at a press conference in Budapest where the agenda of the festival held for the 11th time was presented. Between July 15 and 20 Katie Melua, Vaya Con Dios and Youssou N'Dour will perform at the event.

Commemoration and gala on the Day of National Unity

Ministry of Public Administration and Justice, May 30, 2014 3:05 PM

This year, the Day of National Unity will be remembered for the fourth time on the 4th of June; date of the signing of the Treaty of Trianon. The programmes of the national event are built again around the cross-border unity of the Hungarian culture to strengthen the ties between Hungarians living in- and outside of the country. According to the Parliament’s decision, the focus of the day is not on the tragic experience of loss, but rather the reality of the mind-lifting experience of belonging together.

Minister of National Development praises V4 transport cooperation

Ministry of National Development, May 30, 2014 2:26 PM

Transport cooperation between the Visegrád Four countries helps raise the competitiveness of the region, Hungary's Minister for National Development, Zsuzsanna Németh, said in Balatonfüred on Friday.

Automotive Companies Are the Flagships of Hungarian Industry

Ministry of Defence, May 30, 2014 2:22 PM

“You can continue to rely, in all respects, on the government of Hungary and the municipal leaders of Szombathely, and likewise, we continue to rely on you”, Minister of Defence Csaba Hende said during a factory tour held in honor of the German owners of BPW-Hungary Ltd.

Antenna Hungária has been acquired by the State

Ministry of National Development, May 30, 2014 1:08 PM

The transaction whereby NISZ Nemzeti Infokommunikációs Szolgáltató Zártkörűen Működő Részvénytársaság (NISZ) owned by the State of Hungary repurchased the 100% stake of Antenna Hungária Zártkörűen Működő Részvénytársaság (AH) from the French group TDF S.A. (TDF) has now been concluded.

Investment growth hits record high

Ministry for National Economy, May 30, 2014 10:49 AM

In Q1 2014, the volume of investment increased by 22.6 percent year-on-year. Whereas the 15 percent growth in the previous quarter was a ten-year record high, current data show an unprecedented increase. As all major economic sectors have contributed to the steady improvement which has been observed in the past four quarters, it can be concluded that Hungarian economic growth has been placed on a sound footing.