The Hungarian company Masterplast turns from a classic construction firm into a company that is increasingly focused on the insulation industry and has strategic positions in the healthcare industry as well, CEO Róbert Nádasi told the business daily Világgazdaság. With the acquisition of a German plant in Aschersleben, near Leipzig, last year, Masterplast also took […]
The Academy for Women Entrepreneurs (AWE) program has arrived in Hungary to help 30 rural women with business ideas and start-ups to launch their own companies. Participants will receive a 10-month business training course, during which they will learn the skills and knowledge of entrepreneurship and even create a business model for their own company. […]
The Mercedes-Benz plant in Kecskemét, East Central Hungary has modified its production program until the 17th calendar week due to supplier difficulties, the company told the business daily Világgazdaság. The calendar week referred to is the one from 26 April to 2 May, however, the local news website reported that the car manufacturing plant was […]
The Japanese firm Nissin Foods, which makes instant pasta dishes, is expanding its capacity in the east-central Hungarian city of Kecskemét. During the project, new machinery and equipment will be installed in the plant and the storage area will be expanded. The project of EUR 12 million to be realized by 2024 creates 20 new […]
Antal Dreher’s legacy over the past 166 years shows the spirit of a company that is always renewable and mindful of sustainability. The family company, the brand, the factory survived the crises of the 20th century. The large-scale brewery in Kőbánya (Budapest’s District 10) is one of the largest and best-known companies in Hungary today, […]
Minister of Foreign Affairs and Trade Péter Szijjártó signed investment agreements worth HUF 14 billion in Switzerland earlier this week, the state news agency MTI reported. He said the Hungarian delegation reach agreements with three Swiss companies to partly expand their activities in Hungary and partly to enter the Hungarian market as new investors, creating […]
Although Borsodi Brewery's results last year fell short of the previous, highly successful year, the company was able to retain all its employees despite the challenges caused by the coronavirus epidemic, the company told the Hungarian state news agency MTI. According to publicly available data, the net sales of Borsodi Brewery in 2019 were HUF […]
The Japanese Seiren company specializing in the manufacturing of automotive interior materials and textiles establishes its first European manufacturing unit in Hungary with an investment of more than EUR 42 million. With the investment – 30% of which is covered by Hungarian taxpayers' money –, the company is to create 170 jobs by 2022, and […]
The sunflower-seed processing and refining plant of the Czech-owned NT Food Producing and Trading Ltd. is launching a capacity expansion investment in Kiskunfélegyháza, SE Hungary. As a result of the investment the company will process an annual quantity of 450,000 tons of sunflower-seed and will thereby be able to produce 210 million liters of sunflower […]
Törley Sparkling Wine Cellar can look back on a history of almost one and a half centuries. The company is not only the owner of a well-known historical Hungarian brand, but also enjoys a wide international reputation. Today, the company produces its quality wines and sparkling wines in its original factory as well as in […]
The Switzerland-based pharmaceutical company Roche is going to increase the number of its collaborators in positions creating high added value in its service center located in the Hungarian capital. The 250 new employees will provide support to the subsidiaries of Roche in 60 countries in the fields of finance, purchasing, HR and information technology. Roche […]
Zwack is not only one of the most well-known Hungarian brands, but also one with a history of over two centuries, of which the last nearly 130 years have been associated with Hungary. Chairman of the Board of Directors at Zwack Unicum Plc., Sándor Zwack, explains how this great past of the company is cherished […]
The High Velocity Center inaugurated by the Ford Motor Company, extending over a surface of 10,000 square meters in Biatorbágy, just SW of Budapest, will function as a distribution hub for supplying spare parts for the car dealers and service centers of the brand in 15 Central and Eastern European countries. Thanks to the investment, […]
The Hungarian oil and gas company MOL is not only one of the best-known Hungarian brands, but has been expanding in the region for a good quarter of a century, followed by the acquisition of positions in Asia and a role in the North Sea. Keeping up with the times, the company diversifies its operations […]
Bosch will establish its service center in Vecsés, just outside of Budapest, from where HR support will be provided for five East Central European countries as a first step. The investment will create 225 new jobs in the town and will be implemented by a spending of almost EUR 19 million, over a third of […]
