84% of German-Hungarian chamber members plan investments

EU

About 84% of the members of the German-Hungarian Chamber of Industry and Commerce (DUIHK) plan new investments in 2014-2020, according to a fresh survey by the body. The survey shows that almost three-fourths of these investments would create jobs.

DUIHK estimated the number of individual investments could exceed 1,700.

Almost two-thirds of the members surveyed had applied for European Union grants in the 2007-2013 EU budget period, and 60% had won funding.

Between 50% and 60% of the companies said they were satisfied with the way their applications for funding had been processed. Between 20% and 30% expressed dissatisfaction. DUIHK thus urged greater transparency in the process of evaluating applications for funding in the 2014-2020 EU budget period.

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

Budapest leaders make public transport free for under-14s City

Budapest leaders make public transport free for under-14s

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.