The European Bank for Reconstruction and Development (EBRD) has named Hungary's former central bank Governor András Simor as Vice President for Policy. Reporting directly to the President, he will also be a member of the Bank’s Executive Committee.
The European Bank for Reconstruction and Development (EBRD) has named Hungary's former central bank Governor András Simor as Vice President for Policy. Reporting directly to the President, he will also be a member of the Bank’s Executive Committee.
Hungary-based real estate mammoth TriGránit Management Corporation (TGM) announced to have won the full Property Management mandate for South Sofia Ring Mall, a unique project housing various facilities, portfolio.hu reports.
Japanese car parts maker TS Tech Co. Ltd. is setting up a plant in Százhalombatta, south of the Hungarian capital, Budapest. The Hungarian subsidiary, TS Tech Hungary Ltd., is to be established with a capital of EUR 3 million.
The Travel exhibition, the biggest travel fair of Hungary, opened this Thursday at the Hungexpo fair site in the Hungarian capital, inviting visitors to get to know the attractions, the culture and gastronomy of several countries from the five continents.
A regional center in Budapest will be responsible for operations in Hungary, the Czech Republic, Slovakia and Croatia in the new European organizational structure of French food group Danone, the company said in a statement.
German car manufacturer Opel is expanding its engine factory in Szentgotthárd, southwestern Hungary. The project is worth EUR 130 million, which will create 160 new jobs and increase production space by 1600 square meters.
Passenger traffic at Budapest Airport decreased by less than 4.7% last year, in spite of the loss of its base carrier and the protracted global economic crisis. The airport handled a total of 8,504,020 departing and arriving passengers in 2012.
The European Commission has launched an infringement procedure against Hungary concerning a levy on phone calls and text messages introduced in 2012, the Hungarian news agency MTI learned from unnamed sources.
Systemax, one of Europe’s largest computer products sellers, is to open a new service center in Budapest, from where it will provide support services for European, Middle Eastern and African markets. It is to open in the spring of 2013.
“I love this country with all its problems, I love all the people,” wine merchant Alessandro Balli, an Italian businessman, a prominent member of the Italian community in Hungary told the Italian Focus in a recent issue of Diplomacy & Trade.
Factory-leaked photos have appeared about the upcoming Mercedes-Benz CLA model, a four-door version of the A-Class model, with coupe-like body. After the B-Class, CLA will be the second model, built in the Hungarian factory of Mercedes-Benz.
Celanese Corporation, a global technology and specialty materials company that engineers and manufactures a wide variety of products essential to everyday living, set up its Business Services Center in Budapest in 2007. Interview with Scott Thornton.
The Aviation Authority has launched administrative proceedings to investigate the circumstances of a technical fault that forced Liszt Ferenc International Airport to shut down on December 7 from noon on Friday till Saturday morning.
Traffic returned to normal on Saturday afternoon as Budapest Airport was re-opened following shutdown of its operation just before noon on Friday due to electric problems. The problem was fixed and flights resumed from 7 a.m. on Saturday
Budapest Airport remained closed on Friday afternoon and evening due to an electric problem affecting the control tower and is scheduled to be reopened at 10 a.m. on Saturday, December 8, but this could still be subject to change.
