News

BMW to build giant plant in Debrecen

1 August 2018
Biró Krisztina
German car maker BMW is preparing to build a more than EUR 1 billion plant in Debrecen, eastern Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó announced on Tuesday. The plant will have capacity to turn out 150,000 conventional and electric vehicles a year, employing more than 1,000 once production starts. BMW will assume […]
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EU signs its biggest free trade deal with Japan

23 July 2018
Biró Krisztina
The European Union and Japan have signed one of the world's biggest free trade deals, covering nearly a third of the world's GDP and 600 million people. One of the biggest EU exports to Japan is dairy goods, while cars are one of Japan's biggest exports. The move contrasts sharply with actions by the US […]
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Free trade with Japan is also in the interests of the European Union and Hungary

18 June 2018
Biró Krisztina
“Rapid and comprehensive changes are going on within global politics and the global economy; old friendships are being broken and alliances of interests that previously seemed unlikely are coming into being. In such a turbulent period, it is in the interests of both the European Union and Hungary to forge alliances”, Minister of Foreign Affairs […]
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