Huawei Technologies Hungary has launched a HUF 10 million (EUR 25 thousand) scholarship program at the University of Óbuda.

The oil and gas company MOL submitted a binding offer within the framework of the waste management concession tender issued by the Hungarian State.

The inflation rate reached a record high of 10.7% in May compared to the same period last year. The last time the inflation was as high was in December 1999, when it was 10%.

In the first quarter of 2022, HUF 2,450 billion (EUR 6 billion) were invested in Hungary, an increase of 8.7% year-on-year.

Robert Bosch Automotive Steering Kft. will invest more than HUF 52 billion (EUR 130 million) in new production and logistics area of 70,000 sqm in Maklár by 2024.

HelloParks – an industrial real estate development company – plans to hand over three new warehouses this year. The investment is worth more than EUR 130 million.

The government introducing a tax on extra profits. The tax will target banks, insurance companies, energy and trading companies, telecommunications and airlines.

Békéscsaba awarded a planning contract for the expansion of the regional airport. A feasibility study is being prepared for almost HUF 1.5 billion (EUR 3.8 million).

Stavmat Zrt. processes TetraPak cardboard packaging into recycled panels as an alternative to plasterboard in Kaposvár.

ALDI’s IT services subsidiary, ALDI International IT Services Kft. (AIIS) is increasing its headcount and creates 300 new IT jobs.