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Falcon Oil & Gas to relocate to Budapest

D&T
Jun 29, 2012

The Canadian-listed energy company, which specializes in unconventional oil and gas exploration, is to move its technical operations from Denver, Colorado in the United States to the company's existing office Budapest in the coming months.

| eurama.hu

CITY TOUR Hop On Hop Off for Budapest Card holders

D&T
Jun 15, 2012

CITY TOUR Hop on Hop off Ltd. won the open procurement tender for the provision of daily ‘hop-on-hop-off’ sightseeing bus tours with a net amount offer of HUF 125.9 million. The tender announcement included an estimated net figure of HUF 200 million.

Suzuki Esztergom | suzuki.hu

New car registrations rise again in Hungary

D&T
Jun 1, 2012

The number of new passenger car registrations has grown in Hungary in May compared to the same month of 2011. This was the 5th month in a row when a year-on-year increase was recorded. Suzuki's figures continue to be impressive.

| Dávid Harangozó

Budapest Airport Terminal 1 shut down

D&T
May 30, 2012

The last departing flight from Terminal 1 at Budapest Airport left for Stuttgart, Germany Tuesday night. The terminal is expected to be closed for five years for reduced traffic. So, as of May 30, all carriers use Terminal 2.

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Opel to expand production in Hungary

D&T
May 22, 2012

The Hungarian Opel engine production plant sees a jump in production volumes ahead, thus, it expects to hire hundreds new employees over the next three years to work in the company’s plant in Szentgotthárd, southeastern Hungary.

Kravtex | Csaba Krizsán

New buses from Hungary

D&T
May 14, 2012

A transport authority in Florida ordered another contingent of Hungarian buses from the NABI company, following an order last year. Another Hungarian bus manufacturing company, Kravtex unveiled its new model.

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MOL to invest more in Kazakhstan

D&T
May 11, 2012

Hungarian oil and gas group MOL is to invest further USD 250 million in Kazakhstan where an oil production project is expected to be launched in 2015. Preparatory works are led by MOL there, according to MOL Chairman-CEO Zsolt Hernádi.

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Budapest Airport deal with Malév affiliates

D&T
May 3, 2012

Budapest Airport has signed 5-year lease agreements with two of the surviving Malév subsidiaries, Malév Ground Handling and Aeroplex that carry on their service operations at the airport, serving their corporate partners.

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Grundfos to set up fourth Hungarian plant

D&T
Apr 19, 2012

Denmark’s Grundfos, one of the world's leading pump manufacturers, is to build its fourth Hungarian pump factory in Székesfehérvár (60 kilometres west of Budapest) in a HUF 4 billion (EUR 13.46 m) green-field investment.

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Stake in Vietnamese-Hungarian firm sold

D&T
Apr 4, 2012

PHI Group, Inc., a company focused on energy and natural resources, announced that it has signed an agreement to acquire a 51% equity interest in Vietnam-Hungary Technological Application Joint Stock Company (VHC).

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