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 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.
Krauthammer, a coaching, consulting and training company, has been operating for 40 years. The organization - with the slogan 'Keep it short and simple' - present in 23 countries in Europe, Asia Pacific, the United States and South America.
The National Development Ministry plans to auction the 900-megahertz band and the winning telecommunications operators are expected to have access to the frequencies in the third quarter in Hungary.
Innovation could be considered from the talent side. How much do we know about the specific needs of the talented, gifted people who have a great variety of endowments? We asked prof. Péter Csermely, the Head of the Hungarian Genius Program.
The explosion of fodder prices resulted in tragic fate for tens of thousands of ducklings in two Hungarian counties as entrepreneurs raising ducks denied to receive them despite having ordered them weeks before.
The main reason the Korean company Samsung SDI chose Hungary as a base in Europe ten years ago was that Hungary has the advantage of competitiveness in its infrastructure (manpower, local material suppliers).
Martin Gauss, chief executive of Hungarian airline company Malév, has tendered his resignation, the Hungarian State Holding Company (MNV) has announced on Tuesday. His departure is effective as of May 31.
““A lot has changed in the past three years since Diplomacy and Trade visited Hankook” says Sang Il Lee, managing director of Hankook Tire Hungary ltd. He proudly states that in 2010, the company exceeded the original target by over 10%.
Orders figures in the Hungarian construction industry are greatly disappointing, with no signs of a revival in the sector any time soon. Still, the 0.1% month-on-month contraction is an improvement compared to the 4.3% decline in December.
Terminals 2A and 2B of Budapest's international airport are now linked with a new building, SkyCourt. Airport management and the architects hope that the new building will enchant foreigners visiting the Hungarian capital.
From its inception as a small export business in Taegu, Korea, SAMSUNG has grown to become one of the world's leading electronics companies, specializing in digital appliances and media, semiconductors, memory, and system integration.

