MOL Plc. has notified the capital markets on the website of the Budapest Stock Exchange that third Vecsés oil well (just outside Budapest), adds another 600 barrels of oil a day to MOL's Hungarian production. In the Vecsés oil field, discovered two years ago, there are three wells already operating. They produce about 4,000 barrels […]

Weerts Logistics Park (WLP), a Belgian-Hungarian owned company, has officially inaugurated its newest environmentally sustainable smart warehouse of nearly 40,000 sqm recently in Vecsés, just south of Budapest for Magna International Inc (Magna), one of the world's largest suppliers of automotive parts. A statement by Weerts says the project, one of Hungary's largest industrial investments, […]

Up to EUR 50 million will be invested by Magna Metalforming GmbH to set up a new plant in Vecsés, southeast of Budapest, with the aim to produce structural bodywork items. The investment, which enjoys a 20% state support, is set to create 300 new jobs. Canada-based Magna International Inc. is a listed corporation that […]

The Hungarian oil and gas company MOL has discovered a significant amount of oil at a depth of 2,100 meters near Vecsés, just south of Budapest. MOL started exploratory drilling in the area in July, and after carrying out the necessary tests, it proved that it had discovered a previously unknown oil field, the company […]

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 […]