CBRE, the world's largest real estate consulting firm, has opened an office in the SE Hungarian city of Szeged, CBRE Hungary Managing Director Lóránt Kibédi-Varga announced on Thursday in the city. The Managing Director stated that Szeged is a dynamically developing city with many Hungarian and international companies present. CBRE's position is that it can […]
China’s BYD, the world’s largest electric vehicle manufacturer is set to further expand its presence in Hungary by yet another major investment aiming at the production of electric trucks, the Hungarian Investment Promotion Agency (HIPA) reports. The EUR 75.7 million investment will add a 29,000-square-meter facility to BYD’s electric bus factory in Komárom – 90 […]
On André Kertész's 131st birthday, the Capa Center launched a new digital platform for its permanent exhibition dedicated to André Kertész. The website features curatorial texts, photographs of artworks and interiors, audio recordings, and a complete list of the Szigetbecse collection, helping visitors and those interested in the artist to delve deeper into his oeuvre. […]
Zwack Unicum Plc. informed its shareholders on the website of the Budapest Stock Exchange this Wednesday that the personnel changes in the Management of the Company that were projected in the company's announcement of January 21, 2025 –including a change in the position of CEO – have taken place. Chief Executive Officer Frank Odzuck and Deputy Chief […]
In its WittyLeaks series, Diplomacy and Trade regularly publishes the personal accounts of ambassadors and other mission leaders accredited in the Hungarian capital on their experiences on 'excursions' into Hungarian culture, art, gastronomy, customs, scenery, etc. This time, the Irish ambassador explains how baking binds Budapest and Dublin. Arriving on post, a new diplomat can expect to […]
The Hungarian subsidiary of German biotech company Verbio, XiMo is set to build its first industrial-scale facility in the country, leveraging its co-founder’s Nobel Prize-winning research in sustainable chemistry, the Hungarian Investment Promotion Agency (HIPA) reports.. The EUR 27.7 million investment launched in Gödöllő – 30 kilometers from the capital Budapest – will further strengthen […]
Logistics service provider HGL signed a lease agreement for another 10,000 sqm in the HelloParks industrial real estate developer’s Maglód megapark, just SE of Budapest. A statement released this Tuesday says the dynamically-growing logistics service provider started operations last year on 5,000 sqm in the MG1 warehouse of the industrial and logistics park located near […]
