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.
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.
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.
