The Hungarian subsidiary of Mercedes-Benz (Mercedes-Benz Manufacturing Hungary Kft.) has closed a record year seeing EUR 3.4 billion revenues and turning out approximately 190,000 vehicles at the Hungarian plant in Kecskemét, the company announced today during a press conference. Last year the company also performed well in sales, seeing a 38% increase.
Hungarian news agency MTI is cancelling the position of editor-in-chief as of May 1, and editorial operations will be overseen by the director, in order to “rationalize personal expenditures”, Hungarian online news portal mno.hu reported, citing an announcement by Media Services and Support Trust Fund (MTVA).
The latest annual Automotive Conference organized by the Hungarian Investment Promotion Agency (HIPA) highlighted the recent record of the industry, with electro mobility and autonomous driving technologies having the biggest growth potential.
Total revenues of private health insurance have doubled since 2012, when employers were allowed to grant it as a tax-free bonus to employees. More growth expected, subject to long overdue regulatory change.
In a press release dated today on the European Commission website, the EC announced it would publish today its response to what it describes as “false claims” in the Hungarian governmentʼs “Stop Brussels” national consultation launched in April 2017.