Arconic Wheel and Transportation Products, producer of Alcoa Wheels, that manufactures a range of fully forged aluminum wheels, announced another expansion in Hungary to double the capacities of its Székesfehérvár plant.
Arconic Wheel and Transportation Products, producer of Alcoa Wheels, that manufactures a range of fully forged aluminum wheels, announced another expansion in Hungary to double the capacities of its Székesfehérvár plant.
Forbes magazine has published its latest World’s Billionaires list that contains the world’s 2,208 wealthiest people. Among them is Hungarian banker Sándor Csányi who is back on the list - on place 1,999 - after 2016.
Construction works have been launched for South Korea’s third largest company SK Innovation to build a plant manufacturing batteries for use in electric cars in the industrial park in Komárom with an investment worth HUF 97.5 billion.
While environmental awareness in the world and especially in Europe is increasingly popular, it may be surprising that Hungary has only one climate-neutral residence today, the Irota EcoLodge located in a village in northeastern Hungary.
In the WittyLeaks series, Diplomac&Trade regularly publishes the personal accounts of ambassadors accredited to Budapest. this time, the departing Kazakh ambassador shares his 'sacred memories of a friendly Hungary'.
A significant player in Hungarian food industry, the Western Hungarian company of Zalaco expands with greenfield investment in Zalaegerszeg. Having plants in Ajka and Sopron, too, this company is an important representative of the domestic bakery sector.
Hungary’s first airport hotel with direct terminal connection was officially opened this Wednesday. The ibis Styles Budapest Airport Hotel, built by the Hungarian company WING Co. Ltd. for HUF 3.2 billion has 145 rooms 300 guests altogether.
The town of Felsõzsolca in northeastern Hungary has accepted the proposal of state-owned Hungarian Electricity Works (MVM), which envisages the construction of the largest solar power plant in the country, with installed capacity of 20 MW.
Canadian-owned Linamar Hungary Cls. will be creating two hundred new jobs in provincial Hungary at three locations with an investment of HUF 8.64 billion (EUR 27.5 million), 119 in Orosháza, 71 in Békéscsaba and ten in Gyöngyös.
A new factory has neen opened by the automotive component and raw material supplier thyssenkrupp Component Technology in Jászfényszaru, E Hungary. It produces overhead camshafts and electro-mechanical power steering.
Maintaining an active political dialog, strengthening economic cooperation and promoting cultural ties, especially people-to-people contacts; these are the goals of the Ambassador of Latvia to Hungary, Vilmārs Heniņ¹.
This February, Australian Foreign Minister Julie Bishop paid a short visit to Budapest, where she met her Hungarian counterpart as well as representatives from the business community. Here is what she told Diplomacy&Trade about her visit.
Upgraded 1,000-forint banknote denominations can appear in cash payments in Hungary from March 1, 2018. In addition to their renewed appearance, the banknotes have been brought up-to-date with regards their security features.
In Japan, it is often not easy to get around as a simple tourist, especially if you are trying to get from point A to point B without a guide. The travel agency JTB Japan has helped create a pocket-aid that helps travelers create their own travel plans.
The World Business Angel Forum in Istanbul marked the launch of the Startup Campus V4 Global Tour. At the conference, five Hungarian and two Polish innovative startups introduced their ideas to key sponsors and partners like Türk Telekom and Celebi.

