According to the IBM Global Location Trends 2018 report, Hungary is still one of the best countries for foreign direct investments (FDI).
This huge amount of money can be seen as one of the most important investment incentive supports given by the Hungarian government.
In 2017, ADA Group decided to invest more than 17 million euros in furniture industry, including technology development and the construction of manufacturing halls as well.
Ten new electric charging stations and new parking lots are built in Debrecen.
According to Nándor Mester, senior analyst of Otthontérkép Group, house and flat prices may rise by 20-30 or even 40 percent in Debrecen within 3 or 4 years, when the production in the new BMW factory really starts.
The new BMW factory will be built in Hungary, next to the city of Debrecen. The value of the investment reaches 1 billion euros.
The series production of Audi electric motors has already started in Hungary. The Audi plant in Győr is now heading for a global leading position in the field of electric drive systems.
In a Financial Times interview, Erste leader Andreas Treichl says foreign currency loan was a great mistake, and he also criticizes Hungarian Prime Minister Viktor Orbán.
“Hungary is committed to maintaining strong bilateral trade relations with the United States of America. Last year, trade between the two countries exceeded 5.4 billion USD” – said Mihály Varga when he visited the center of Amazon where Susan Pointer and Dave Bozeman welcomed him.
Taiwan’s Giant Group establishes its second European bicycle manufacturing and logistics unit in Gyöngyös, Hungary.