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.
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.
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.
Carl Zeiss has been revolutionizing the eyeglass market since April 1, 1912 when it introduced PUNKTALŸ, the first precision eyeglass lens. The German company’s lens plant can be found in Mátészalka, Northeast Hungary.
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.
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.
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.
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.
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.
Johnson Controls, a global leader in automotive seating, overhead systems, door and instrument panels and interior electronics, has launched production at a new facility in Kecskemét for the local Mercedes plant.
Hotel Thermenhof Paierl features a quiet and tranquil atmosphere, gourmet cuisine, top service and a private spa and wellness center with an impressive selection of services to restore and pamper guests at the highest level.
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).
Mercedes’ new plant was inaugurated in Kecskemét, East Central Hungary, on Thursday in the presence of Prime Minister Viktor Orbán and Dr Dieter Zetsche, CEO of Daimler AG. The day also saw the start of the production of the new B Class models.
On the occasion of this week's Hungary-Latin America Forum in Budapest, Jaime Gornsztejn of the Brazilian Development Bank gave an exclusive interview to Diplomacy & Trade about the business opportunities Brazilian firms look for in Hungary.
New investors and Chinese-owned companies that are already active in Hungary but in different sectors show interest and can enter the local car parts production scene, the business daily Napi Gazdaság reported on Wednesday.
Budapest Airport, the operator of the Liszt Ferenc International Airport, will be closing down Terminal 1, spokesman Mihály Hardy said. After the collapse of the country’s national carrier Malév, Terminal 2 is sufficient to manage the reduced traffic.
