The 4th China Brands Exhibition and Forum opened on the 4th of December at AsiaCenter’s CBTC in Budapest. More than a hundred capital-intensive Chinese manufacturers exhibit their products for potential CEE business partners for three days.
The 4th China Brands Exhibition and Forum opened on the 4th of December at AsiaCenter’s CBTC in Budapest. More than a hundred capital-intensive Chinese manufacturers exhibit their products for potential CEE business partners for three days.
Flextronics International, the largest electronics manufacturing services provider in Hungary, has announced the layoff of 1,100 employees from its Zalaegerszeg plants. The staff cut starts on Monday and takes place in three stages.
Hungarian Prime Minister Viktor Orbán and E.ON Chairman-CEO Johannes Teyssen have signed a letter of intent, which states that state-owned energy firm MVM will buy the German utility company's gas trading and storage units located in Hungary.
Budapest Airport is set to develop a new business park area on the southern edge of the airport. Although, the area has been out of use for long time, it was marked in the development plans as the site of a future business and commercial park.
French vegetable producer Bonduelle has built a new, 5,000-square-metre warehouse in Békéscsaba, southeast Hungary, in a EUR 1.5 million investment project. The company says it has further investment plans lined up.
Hankook will expand its Hungarian facility in an over HUF 2.4 billion (EUR 8.7 m) investment project, co-financed by the European Regional Development Fund (ERDF), setting up a new production hall for a new compound mixing unit to increase effectiveness.
Hungary’s industrial production rose by 2.6% month on month in August, according to data adjusted seasonally and by working days, the Central Statistics Office (KSH) has reported on Friday. This comes after a 1.2% decline in July.
Hungarian Prime Minister Viktor Orbán and Deputy Chairman of Opel’s Management Board Thomas Sedran, inaugurated a new EUR 500 million flexible engine factory at the Opel plant in Szentgotthárd, W Hungary, creating 800 new jobs.
Hungary's TriGránit Development Corporation and the People’s Government of Putian City, Fujian Province in Southeast China signed a Letter of Intent on development and construction of a large urban center and a leisure complex.
Investment expert Csaba Kilián has been named as the new General Secretary of the Association of the Hungarian Automotive Industry (MGSZ). He has long been involved with the industry during his activities as investment promotion director.
Croatian energy group INA has announced that it has made a new oil discovery with exploratory well Deletovci-1 Zapad within the oil field Privlaka near the town of Vinkovci. The latest tests show daily oil production of around 600 barrels per day.
The vacuum cleaner factory in Jászberény, SE of Budapest, that supplies the European market, has been committed to innovation for 14 years within Electrolux that celebrates the 100th anniversary of vacuum cleaner innovation this year.
bpv | JÁDI NÉMETH is the founding member of bpv | LEGAL alliance operating as an association of independent law firms with local offices in key locations such as Baden, Bratislava, Brussels, Bucharest, Budapest, Mödling, Prague and Vienna.
The Hungary-based Mercedes-Benz plant of German carmaker Daimler plans to double its current 150,000-unit capacity. The expansion of the Kecskemét-based Mercedes plant, absorbing HUF tens of billions, may start in 2013.
This summer, the Hungarian Mobile Wallet Association celebrated the first anniversary of its foundation. Diplomacy & Trade talked to a member of the Board, Norbert Hovanyecz about the technology used and the plans for the future.
