The Hungarian Univer Product Co. Ltd. has opened Central Europe’s largest tomato processing plant in Kecskemét, southeast of Budapest. The Hungarian government contributed almost half of the investment costs of the project.
The Hungarian Univer Product Co. Ltd. has opened Central Europe’s largest tomato processing plant in Kecskemét, southeast of Budapest. The Hungarian government contributed almost half of the investment costs of the project.
The latest development by the Danish pharmaceutical company Xellia Pharmaceuticals has been completed at its Kõbánya site in Budapest. The laboratory constructed as part of a development of EUR 11 million will operate as a testing centre for active ingredients.
Mártrai Erõmû, the second largest power plant in Hungary, will implement the country's largest solar farm with a capacity of 3×20 MegaWatts, according to the Hungarian political daily Népszava. Two of the three units will be completed in 2018.
An international jury of more than 200 executives worldwide awarded NNG with three International Business Awards for one of its development solutions, as well as its recent marketing and internal communication campaigns.
Fourteen racehorses bred in Hungary were flown to China last week, on board Cargolux’s Boeing 747. The Friesian and Shagya Arabian horses, trained specifically for combined driving, took off from Budapest Airport in special freight containers.
As of May 4, American Airline, the world's largest airliner, will have scheduled daily flights between the Hungarian capital and the city of Philadelphia on the east coast of the United States, according to a communiqué by Budapest Airport and the US airliner.
The northeastern Hungarian region involving the city of Debrecen, the town of Hajdúszoboszló, the Hortonágy National Park area and the Lake Tisza reservoir have been given HUF billions for development in a program lasting until 2030.
Lending is gaining more and more importance as the pace of economic growth is accelerating, Minister for National Economy Mihály Varga said at the opening of a Hungarian Development Bank (MFB) info point at an OTP Bank branch in the third district of Budapest.
According to information published at the website of the Budapest Stock Exchange, in the framework of the developments tby Graphisoft Park, there will be 20,000 m2 office space and underground parking for 750 cars constructed by 2018.
In July, the GKI real estate indices for Budapest and Hungary stood at 1 and 0 points respectively. Both figures dropped slightly by one point, compared to the previous survey. Both indices went up 2 points, compared to the survey made one year earlier.
In June 2017, the number of nights spent by international tourists in Hungary increased by 16% and that of nights spent by domestic tourists by 8.8% compared to the level a year earlier, Hungary’s Central Statistical Office (KSH) has reported.
The National Bank of Hungary has sold heritage protected Eiffel Palace, a downtown office building in the vicinity of the Nyugati railway station in the Hungarian capital, to the Luxembourg-based Corpus Sireo Real Estate investment fund for EUR 53.8 million.
The Serbian unit of the largest Hungarian Bank OTP has bought the Serbian Vojvodjanska Banka from the National Bank of Greece for EUR 125 million. The deal also includes other Serbian units of the National Bank of Greece.
The Hungarian energy services firm ALTEO could launch new projects in a total value of close to HUF ten billion (some EUR 32 million): three power plants utilizing a total of 18.1 MW of solar power, and a 2 MW wind power plant.
As of August 1, Matthew Prickard took over as the General Manager of Syngenta Hungary, replacing Tibor Czigány who moves on to work in Syngenta's African division. Matthew Prickard arrived to Hungary from the firm's Scandinavian division.
