According to the Hungary’s government, in the forthcoming two years minimum wage hike and lowering the direct tax burden of companies can give a new impetus to the slowing economic growth.
Strategic cooperation agreement was signed by Mr. Ding Jiansheng, President of Wanhua Industrial Group and Mr. Zheng Weifeng, CEO of Huawei Technologies Hungary in Budapest.
German premium automotive manufacturer, Mercedes-Benz will expand its car production in Kecskemét, Hungary. Production and Supply Chain Director, Markus Schäfer announced that a second car plant will be build next to the...
Hungarians traditionally prefer paying with cash thus there is significant room for catching-up to the EU average with electronic payments.