After London, BlackRock held its career-building and networking event in Frankfurt, Germany. The world's largest financial fund management company prmoted the operation of the Budapest office, available job opportunities and potential career paths.
After London, BlackRock held its career-building and networking event in Frankfurt, Germany. The world's largest financial fund management company prmoted the operation of the Budapest office, available job opportunities and potential career paths.
German-owned Hübner Ltd. will expand its vehicle industry production facility in Nyíregyháza, NE Hungary with an investment of HUF 3.4 billion (some EUR 11 million), quarter of which is provided as subsidy by the Hungarian government.
The Swedish Ambassador to Hungary, Niclas Trouvé, presented the publication ‘Sweden Hungary Business Guide’ promoting the Hungarian investment environment. The event took place on Lucia’s Day, which is considered the brightest Swedish holiday.
In the 60th anniversary year of the 1956 Hungarian revolution, the Swiss Embassy in Budapest has announced the 'Grand Tour of Switzerland in Hungary', presenting towns, cities or regions in Hungary with historical, cultural or economic ties to Switzerland.
The Hungarian Investment Promotion Agency (HIPA) says it successfully negotiated 67 investment projects last year, an increase of 12% compared to the previous year. 14 projects were started by German firms and 11 projects by US companies.
As the private investments' market heats up in Europe, owners of venture capital (VC) firms and private equity (PE) investors try to find good partners in Hungary too. Transactions happen every month and a good sign is that they happen not in the IT sector only but in the business products and services segment as well.
Flame Spray Hungary, an Italian-owned company engaged primarily in applying special coating on gas turbine and aircraft engine parts, has inaugurated a new 3,000-sqm hall, built with an investment of HUF 500 million, at its base in Szada, east of Budapest.
Ferdinand Gross Hungary Ltd., a German company affiliate, the wholesaler of screws and fasteners, small mounting parts and supplies, has inaugurated its logistics base in the Tatabánya industrial park, west of Budapest.
The 4th China Brands Exhibition and Forum opened on the 4th of December at AsiaCenter’s CBTC in Budapest. More than a hundred capital-intensive Chinese manufacturers exhibit their products for potential CEE business partners for three days.
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.
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.
Danish toymaker Lego will start construction of an 80,000-sqm plant in Nyíregyháza, NE Hungary this summer, according to, the general manager and vice-president of Lego Manufacturing Ltd., Lego’s Hungarian subsidiary.
Hungarian-born Hollywood movie producer Andrew G. Vajna talks to Diplomacy and Trade magazine about his business interests in the Hungarian capital where he was born and the city that he left in 1956 to leave for the United States.

