German carmaker Audi will invest up to EUR 900 million to extend its production site in Hungary, creating 1,800 new jobs, Audi Chairman of the Board of Management Rupert Stadler and Hungarian Prime Minister Viktor Orbán announced at a press conference recently.
The Governor of the National Bank of Hungary (MNB), András Simor has been named ‘Central Bank Governor of the Year for Emerging Europe 2010’ by the Euromoney publication ‘Emerging markets’. He received the award in Washington, D.C. this past week-end.
The European Commission’s recently adopted initiative on building out and spreading fast and very fast broadband internet access has been welcomed by the Hungarian government.
Higher volume production of car engines, transmission units and tires, EUR hundreds of millions of investments and thousands of jobs – three foreign companies, already based in Hungary, have announced the increase of their capacities.
Hungarians may have to replace their cars en masse in a couple of years as more than three million aged cars roam the roads of Hungary. The latest Ernst & Young regional car industry report also suggests that the number of cars per capita in Hungary...
Despite the fact that charges by animal rights activists in the recent years cut exports noticeably, Hungary is still by far the most importer exporter of foie gras or goose liver. Now, the good news for the industry is that this year, they managed to increase prices.
Hungarian premier Viktor Orbán and the presidents of three other countries concerned have signed an agreement on the Azerbaijan-Georgia-Romanian Interconnector (AGRI) project which involves the transporting of Azeri natural gas through Georgia and Romania to Central Europe.
In the first half of 2010, Hungary hosted 160 international conferences that met the criteria of the International Congress and Convention Association (ICCA). The number of participants at these events was over 43,000.
Average speed for Internet access in Hungary is 12.58 Mb/sec, which puts this country into the world top 20. The list that continues to be headed by South Korea features several East European states in high positions.
German and Swiss investors are to build an 800-MW power station in the southeastern Hungarian city of Szeged. The project is to be completed in 2015.
The shark nose, the coupe-like roof line and the long, sensually embossed hood follow the nearly forty-year tradition of the BMW 5 series. This 6th generation builds upon the illustrious past while delivering an entirely new feeling.
The logo of the Hungarian meat processing company Pick will be visible on McLaren Mercedes cars during this year's Formula-1 Hungarian Grand Prix.
German chemical company BASF continues to look to the future, delivering innovations that, one day, will make our lives easier.
A rolling shop concept emerged as the winner among business plans presented by groups of students after participating in a course of ethical entrepreneurship in Budapest
Lao Airlines opens its first Hungarian Representation Office in Budapest to nurture the friendly relations between Laos and Hungary.
