Hungarian Conservative

Tag: automotive industry

At the meeting, the parties agreed to strengthen cooperation. They also shared the view that government support needs to be provided in order to protect Hungary’s strategically important automotive industry
‘Hungary must be a country that can have Hungarians do all the work that needs to be done in this country. If it’s uncomfortable or difficult, we need to pay
The massive electric vehicle-related investments that Debrecen has secured over the past year represent a major step in Hungary’s shift toward a more sustainable economic development.
On 21 July, Minister Péter Szijjártó announced a HUF 400 billion expansion investment at Mercedes-Benz’s factory in Kecskemét.
Overall, the German automotive industry employs around 50, 000 people in the country and generates 2.5 per cent of the Hungarian GDP. The production value of the industry rose by 165