In 2012, overall local tax revenue in the Western-Hungarian city of Tatabánya exceeded 5.2 billion forints, which is an 18% rise compared to 2011 and an increase on pre-crisis figures, Mayor Csaba Schmidt informed participants at a reception for "large taxpayers".
Hungary issued international bonds worth USD 3.25 billion on Tuesday, which were nearly four times oversubscribed as they have received bids worth USD 12 billion. Hungary’s currency has strengthened as a result of the issuance.
German car manufacturer Opel is expanding its unit in Szentgotthárd. The project is worth EUR 130 million, which will create 160 new jobs and increase production space by 1600 square meters, announced Opel’s Deputy President Joachim Koschnicke at the press briefing, which was held jointly with Prime Minister Viktor Orbán. The Prime Minister called the investment project unprecedented.
It is the duty of all public personalities, politicians and teachers to keep the horrors of war in memory in order to prevent them from happening again, Minister of State heading the Prime Minister's Office János Lázár said at a commemorative event in tribute to the civilian victims of the Second World War in Budapest’s Farkasrét Cemetery on Tuesday.
Hungary and Austria will build new cross-border roads and reconstruct others as well as some border stations in the coming years, Péter Szijjárto, state secretary for foreign affairs and trade said after talks with Hans Niessl, Governor of Burgenland, in Budapest on 11 February.
"Last week’s agreement on the European Union’s budget for the next seven-year period is the single biggest success from Hungary’s point of view since the country joined the EU in 2004", Prime Minister Viktor Orbán said in his pre-agenda speech at the opening of the spring session of the Parliament on 11 February. The Prime Minister stressed that Hungary had achieved almost everything it possibly could have from last week's agreement.
Minister of State for Foreign Affairs and External Economic Relations Péter Szijjártó said that the Hungarian state will acquire 12 per cent ownership in Győr-Pér International Airport by purchasing the shares of the municipality of Pér.
Hungary will be second behind only Lithuania within the European Union with regard to per capita funding, and Hungary will receive increased net per capita funding despite a drop in the EU's total budget, according to the 2014-2020 financial framework agreed in Brussels on Friday, Prime Minister Viktor Orbán stated.
EU heads of state and government met in Brussels to negotiate the European Union’s next Multiannual Financial Framework, for 2014-2020.
There are still opportunities remaining in Israeli-Hungarian economic cooperation, State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó said after meeting with representatives of major Israeli companies operating in Hungary.