Articles by Date

July 2018

8 hits
| BMW Hungary

BMW to build factory in Hungary

Jul 31, 2018

BMW Group continues to expand its manufacturing network in Europe, with the aim of establishing a new plant in Hungary, near Debrecen. The value of the new investment will exceed EUR 1 billion, and the capacity will be up to 150,000 vehicles per year.

Lewis Hamilton takes the chequered flag at the Hungarian Grand Prix this Sunday | Tamás Kovács/MTI

Hungaroring: a ten-month makeover next year

Jul 30, 2018

Hungaroring, the site of the Formula One Hungarian Grand Prix car race is to be completely transformed after next year's event. According to the CEO of Hungaroring, it will be difficult to destroy and rebuild the place within ten months.

| Qatar Airways

Awards for Qatar Airways

Jul 18, 2018

Qatar Airways has been named ‘World’s Best Business Class’ for third consecutive year by the 2018 Skytrax World Airline Awards. The airline also won the Best Airline audience award in 2018, based on the readers' reviews of Business Traveler Hungary.

Construction machinery at the site of the Bosch center to be built in Budapest | Szilárd Koszticsák /MTI

Bosch expands its Budapest Engineering Center

Jul 12, 2018

The German multinational engineering and electronics company Bosch expands its Budapest Engineering Center with an EUR 120 million investment. In the new building complex , Hungarian engineers will develop Bosch's self-driving systems.

Bicycles to be manufactured by the Taiwanese firm 'Giant' in Gyöngyös | HIPA

World’s biggest bicycle producer expands to Hungary

Jul 11, 2018

Taiwan-based Giant Group is going to establish its second European manufacturing and logistics unit in Gyöngyös, east of Budapest. Worth almost EUR 48 million, the investment, which is to be realized in three phases, shall occupy 228,000 square meters.

‘For a Sustainable Future’ prize | BCSDH

’For a Sustainable Future’ Prize 2018

Jul 10, 2018

The Business Council for Sustainable Development in Hungary has announced the ‘For a Sustainable Future’ prize in 2018, with the purpose of recognizing the achievements of leaders and companies on advancing Sustainable Development Goals.

ESA Director General Johann-Dietrich Wörner speaking in Budapest | Zsolt Szigetváry /MTI

Business incubation center opens in Budapest

Jul 2, 2018

The European Space Agency (ESA) in cooperation with the Hungarian Academy of Sciences (MTA) has opened a business incubation center in Budapest. It is to fund startups using space technology solutions in products and services developed for everyday life.

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