General Motors has unveiled a new EUR 500 million investment in transforming its Hungarian site into a European engine-manufacturing center for Opel.
Kinetic Concepts Inc. (KCI), a US-based medical technology firm has chosen Budapest to host the company’s global service center, a hub of global transactions.
Austrian confectioner Ed. Haas inaugurated on September 17 a HUF 1 billion plant in Hungary, where it will make its trademark PEZ candy.
Assets in Hungarian investment funds grew 3.1pct to HUF 3,668 billion at the end of August from a month earlier, the Hungarian Association of Investment Funds and Asset Managers (BAMOSZ) said on September 15.
Plastic aircraft-part maker Composite One Kft laid the cornerstone of a new plant in Somogyvár (SW Hungary) on Sunday.
QSCH Kft, the Hungarian subsidiary of Swiss Adval Tech has unveiled plans to develop its production capacities by building a new, 5,000 sqm plant at its site in Szekszard.
International news sources report on Hungarian economics and banking issues.
Please read our legal news for the week.
Recommended read for the week: The Europeanization of Central and Eastern Europe.
Hungary could become a shareholder in a project company to be established for the Azerbaijan-Georgia-Romanian Interconnector (AGRI).