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German companies have long treated Hungary like their backyard. Carmakers Mercedes Benz AG and BMW AG and Volkswagen AG's Audi continue to expand their
(Bloomberg) -- German companies have long treated Hungary like their backyard. Carmakers Mercedes Benz AG and BMW AG and Volkswagen AG’s Audi continue to expand their footprint, driving the country’s exports, while weapons producer Rheinmetall AG is building a handful of new factories.Most Read from BloombergMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoTesla Clears Key China Assisted-Driving Hurdle With Baidu
Business - High-level business and political representatives from the three countries expressed interest in closer cooperation in areas such as energy,
The joint German-Hungarian economic success story is in danger, the head of the Committee on Eastern European Economic Relations said in Berlin.
Hungary's government wants to create favorable conditions for foreign investors, Foreign Minister Péter Szijjártó said at a forum.