Further Investments Might Come to Debrecen
The development of the Hungarian and Debrecen economies could not be stopped or even slowed down by COVID-19.
Adam
Economy
Government to Support SME Capacity Expansions
The government has called a tender with an allocation of 13.7 billion forints (EUR 38m) to support micro, small and medium-sized businesses increasing headcount and expanding production capacities, Sándor Bodó, a state secretary of the Innovation and Technology Ministry, said.
Hungary Signs Gazprom Deal
Hungary has signed a 15-year gas purchase agreement with Gazprom which will ensure the country’s long-term energy security, the minister of foreign affairs and trade announced.
Government to Provide HuF 12.2 BN in Funding to Shorten Waiting Times in Health Care
The government will provide a subsidy of 12.2 billion forints (EUR 34.2m) to hospitals to reduce waiting times for operations cancelled due to the coronavirus pandemic, the human resources ministry said in a statement on Friday.
Government to Increase Defence Spending By 30% Next Year
Hungary’s government considers it important to boost the country’s defence capabilities and will therefore spend 30% more resources on defence in 2022 than this year, state secretary at the Foreign Ministry Tamás Menczer said in Nagykovácsi on Saturday.
Moody’s Upgrades Hungary to BAA2, Outlook Stable
Moody’s Investors Service upgraded Hungary’s sovereign rating to Baa2 from Baa3, with a stable outlook, at a scheduled review on Friday.
The Development of Neopac Was Handed Over
Hoffmann Neopac AG, a packaging manufacturer in Debrecen, can double its capacity, producing tubes on four production lines instead of two, Minister of Foreign Affairs and Trade Péter Szijjártó said.
BMW Factory: A New Era of Electromobility Begins in Debrecen
More than ten buildings will be built on BMW’s 400-acre area site in the Northwest Economic Zone of Debrecen. In early 2022, construction will begin.
Debrecen Achieved Outstanding Results on the Emerging Europe Rankings
Debrecen is becoming more and more well-known on the international stage, and this is a recognition of the city’s work, Deputy Mayor Lajos Barcsa said.
New Technologies to Boost Hungarian Economy
Hungary aims to attract the development and manufacture of new technologies spearheading global industrial trends with a view to boosting the Hungarian economy, the minister of innovation and technology said on Friday.