Representatives of Mongolian companies to visit Debrecen in November

Pharma

Representatives from 20 companies in the Inner Mongolia Autonomous Region will arrive in Debrecen (E Hungary) in November, Xanga group CEO István Herdon said at a press conference on Tuesday.

The companies are expected to create 10,000 jobs in Debrecen in the coming years, Herdon said.

Debrecen and the Inner Mongolia Autonomous Region signed a framework agreement on cooperation in Budapest on September 29.

The agreement will bring to Debrecen Chinese direct investment of €30m this year and a further €100m later on, Debrecen mayor Lajos Kósa said at the time.

As part of the agreement, an Inner Mongolia technology and cultural park will be established in Debrecen and an international equestrian cultural centre will be set up in the Chinese region.

ADVERTISEMENT

POPIHN Raises Forecast for Fuel Consumption Energy Trade

POPIHN Raises Forecast for Fuel Consumption

Hungarian Lawmakers Ratify Finland's NATO Accession Parliament

Hungarian Lawmakers Ratify Finland's NATO Accession

Nolato Partners With Happy at Work HR

Nolato Partners With Happy at Work

Sümeg Castle Reopens History

Sümeg Castle Reopens

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.