Traffic at Budapest Airport has broken another record, as the number of passengers exceeded 12 million by the end of November. Thanks to the dynamic growth, more than one million passengers used the terminals in November, for the first time ever.
Traffic at Budapest Airport has broken another record, as the number of passengers exceeded 12 million by the end of November. Thanks to the dynamic growth, more than one million passengers used the terminals in November, for the first time ever.
Wizz Air, the largest low-cost airline in Central and Eastern Europe, announces that, following the acquisition of a number of take-off and landing slots from Monarch Airlines, it will increase its fleet at London Luton by two aircraft to a total of seven.
The Indian-based automotive supplier Samvardhana Motherson Peguform (SMP) has established a bumper manufacturing plant in Kecskemét, E Hungary, in an area of 96,000 square meters. The greenfield development is to create about 500 jobs.
19 robots help the staff working in GE Hungary’s Budapest shared service center. By automating certain elements of financial, accounting, procurement, logistics, IT, and HR processes, GE aims to improve the quality and efficiency of administrative processes.
Following the successful operation of its first ATM in Hungary with the possibility of Bitcoin transactions (in Budapest), the Hungarian firm Shinrai Ltd. put into operation another such machine in Mosonmagyaróvár, NW hungary, close to the Austrian and Slovak borders.
In September 2017 and in the period January-September 2017, the volume of industrial sector output grew by 5.4% and 5.2% year-on-year, respectively. Since January 2010, the sector’s output has been up by more than 35%.
Edelmann Hungary Packaging Co. Ltd. is upgrading its fleet of machines. With the more than EUR 10 million project, the German company can not only increase its capacity, but can also supply higher quality and added-value products.
Bodrogi Bau Ltd. saw the opening of its doors and windows and insulation material production plant in Szeged, SE Hungary this Thursday. Nearly HUF 500 million of the total cost of over HUF one billion was financed from EU funding.
As a result of the largest food industry project in Hungary recently, the grain processing plant of KALL Ingredients has been completed in Tiszapüspöki, eastern Hungary. The plant will process GMO-free maize purchased from Hungarian producers.
The Infogroup Real Estate Development Group is building a EUR 11.5 million logistics center in the Tiszaújváros Industrial Park. The almost 17,000 sqm facility will be rented by the US-owned manufacturer of electronic products, Jabil Circuit Hungary.
Telecommunications service provider UPC Hungary saw its sales of digital services boosted in the third quarter of 2017. During this period, UPC Hungary surpassed the 2 million subscriptions milestone and delivered an impressive revenue growth of 10,2%.
International express delivery world market leader DHL Express has opened a new 13,000-sqm Center at the Budapest Airport Business Park joining DHL's other two divisions, a DHL Global Forwarding and DHL Freight, which moved in 2013.
Spinto Hungária Kft. is constructing an automotive tool factory in Miskolc. With the about EUR 19 million project, a unit manufacturing large tools will be established in Hungary, for the products of which there is huge demand throughout the region.
The Hungarian Investment Promotion Agency (HIPA) organized in Budapest the Hungarian Shared Services Gala, during which awards were given to top companies and managers of 2017 in three categories and the latest SSC market survey was published.
UniCredit Bank Hungary had a very successful year in 2016. As the Deputy CEO of the bank and Member of the Management Board, Marco Iannaccone explains, this profitable result has made it possible for the bank to extend its support activities to new areas.
