A recent government decision has approved plans for Hungary to divest its stake in Budapest Airport, the company which operates the city’s Ferihegy Airport. The decision has appeared in the latest issue of the Hungarian Gazette.
A recent government decision has approved plans for Hungary to divest its stake in Budapest Airport, the company which operates the city’s Ferihegy Airport. The decision has appeared in the latest issue of the Hungarian Gazette.
New car registration in Hungary grew by 12.1% year on year in May 2011, Datahouse statistics showed on Wednesday. Some analysts suggest that the new buyers may be those well-paid who are favored by new flat-rate income tax.
Malév Hungarian Airlines incurred a loss of HUF 24.56 billion (EUR 91.32 m) in 2010, the carrier’s balance sheet approved by a shareholder meeting on Friday showed. The figure is a bit better than the year before but worse than projected.
Hungary has bought back a 21.2% stake held by Russia’s Surgutneftegaz in fuels group MOL. The deal, to be completed August 31st this year, is worth EUR 1.88 billion and will be paid for from previously drawn IMF grants.
The insurance company Groupama Garancia confirmed its market position in Hungary in 2010, following its well-defined strategy. CEO Yann Menetrier gave an overview of the company’s situation, the business environment, and its plans.
A manufacturer of fine silver flatware and home accessories, the House of Christofle, possesses an exceptional heritage that retraces a rich history spanning nearly two centuries. Its clients in Hungary include the country's two Michelin star restaurants.
Half a century – the Legrand plant in Szentes, southeast Hungary, celebrates its 50th anniversary in 2011. If you also consider its legal predecessors in Hungary, the period to celebrate is over nine decades.
A new EU task force met for the first time this week on the fringes of e-Health week in the Hungarian capital to assess the role of information and communications technologies (ICT) in health and social care.
For innovation social trust is needed and in Hungary, especially in a wider European context, it is much harder as this country faces dual challenges - says professor Elemér Hankiss, the founder of the Invent Hungary Again! movement.
Hungary’s Magyar Telekom, controlled by Deutsche Telekom, has announced on Wednesday that it has embarked on a large scale modernisation of its mobile network with its long-standing partner, Ericsson.
Hungary’s vehicle market has been stagnating for two months now and just like in March, new passenger car registrations have hardly changes in April compared to the same month of 2010, the latest figures of Datahouse showed on Monday.
Hungary’s state-owned railway company MÁV has signed an agreement with China Railway Construction Coproration to receive technological, construction and financing tools for the modernisation of MÁV from the Chinese company.
The entire management and the offices of Malév Hungarian Airlines will move to Budapest’s international airport. According to plans, three modernized office buildings await the some 600 employees of the company.
Construction work of a new Opel engine factory began this Tuesday with the laying of the foundation stone in the southwestern Hungarian town of Szentgotthárd. The new plant will manufacture engines of the latest technology.
US air carrier American Airlines has begun a new non-stop daily service between New York City's JFK airport and the Hungarian capital Budapest. The first flight landed in Budapest Wednesday morning and returned to JFK before noon.
