As the inventor of the automobile, Mercedes-Benz also takes responsibility for the future of mobility. Customers of Mercedes-Benz traditionally expect safe, comfortable and dynamic cars in premium quality. However, environmentally friendly solutions are more important than ever. Sustainability is now an integral part of the business strategy of Mercedes-Benz. Mercedes-Benz has been working for decades […]
Despite lifting many of the pandemic-related restrictions, Hungary’s central budget posted a significant shortfall in May. Expenditures are mounting on a new set of measures to re-start the economy. In May, the central budget booked a deficit of HUF 269 billion, pushing the shortfall in the first 5 months of the year to HUF -1,312.6 […]
Hanon Systems of South Korea with a dominant market share in the automotive thermal management market is expanding the production capacity of refrigerant valves for electric cars in Hungary. The company will invest almost EUR 54 million in three Hungarian sites. The developments will create jobs for 40 people in Székesfehérvár. As the Hungarian Investment […]
In December 2020, the UniCredit Foundation launched the second edition of the 'Call for Europe' initiative, supporting social projects for children in the European countries where UniCredit operates. The Group's banks had until the end of February 2021 to nominate projects from local applicants who meet the call. From these, an expert jury of the […]
After a six-month test period at Foxconn's Komárom factory, initiation of the latest generation of mobile network-based solutions will continue. PC testing is already running on a private 5G network. The use of 5G will open up new horizons for industry by means of hardware and software optimised for 5G in the near future, enabling […]
More than a hundred satisfied corporate e-fleet clients have driven over 3,000,000 kilometers without a single drop of gasoline. If we calculated with an average 99 g/km CO2 emission this would spare almost 300 tons of greenhouse gas emissions. Ten loaded trucks could deliver these 300 tons! Sounds promising, but Zsolt Jamniczky, member of the […]
In EUR terms, the value of exports was 73% and that of imports 52% larger in April 2021 than the base in the same period of the previous year, which was low because of the epidemic and the related measures. The balance of external trade in goods improved by EUR 888 million, the Central Statistical […]
Many people are clearly thinking about making their next car or one of their family car purchase electric. Electric cars are not the answer for everyone, but there are reassuring answers to many of the concerns. The most frequent question is ‘Will an electric car suit me?’ and the answer is: if you don't regularly […]
After the end of the mission in Afghanistan, the last nine soldiers of the last shift arrived in Hungary, at the 59th Szentgyörgyi Dezső Air Base of the Hungarian Air Force in Kecskemét. Romulusz Ruszin-Szendi, commander of the Hungarian Defence Forces, receiving the Hungarian flag from the headquarters in Afghanistan, said that the flag is […]
More than 800 people, including Hungarians, were arrested in a single day as part of the police operation Trojan Shield in several countries around the world, thanks to a new covert messaging platform, Anom. Since the messages and pictures sent on the platform were seen by the investigators, it was not difficult to crack down […]
Continental is to expand its field of software development, including the research and development activities of advanced driver assistance systems in Hungary. As part of the development to be implemented from more than EUR 11 million in Budapest and Veszprém, the company will create nearly 70 new jobs in high value-added R&D areas. Continental's research […]
Hungarian cinemas' ticket sales dropped by 72% to 4.3 million last year as pandemic restrictions weighed, data compiled by the Central Statistical Office (KSH) show. Almost 2.2 million of total ticket sales were at cinemas in the capital, Budapest. Box office revenue declined by 71% to HUF 6.4 billion forints (EUR 18.5m). Cinemas in Hungary […]
As a global player in every major area of glass manufacturing, the Turkish Şişecam will establish its first European glass-packaging facility in Kaposvár. This greenfield investment of EUR 220 million is to have an annual net production capacity of 330,000 tons. With two individual furnaces, the new facility is expected to begin its operations in […]
HelloParks, an industrial real estate development company belonging to the Futureal Group, is developing a 400,000 square-meter logistics megapark in several phases in Páty, near the M1 motorway, Futureal told the state news agency MTI on Monday. According to the information, 400,000 square meters of gross leasable area of warehouse and manufacturing space will be […]
The Korean company with its plant in Göd, north of Budapest, focuses on younger generations and sustainable solutions. Samsung SDI todayAlong with the footmarks of Samsung SDI, starting from Vacuum Tubes in 1970, super-large PDP, high-tech CRTs and to Digital displays, today, Samsung SDI is the Creative Leader of Technology and Market on the Foundation […]
