HungaryTrends – The week in business and finance

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See below the main business and financial news from the previous week:

CHINA EASTERN TO LAUNCH DIRECT SHANGHAI-BUDAPEST FLIGHT 

China Eastern Airlines, the world’s seventh largest airline company, will launch a direct flight between Shanghai and Budapest next summer, Péter Szijjártó, the foreign affairs and trade minister, told public media after talks in Shanghai on Monday. Read more HERE.

ORBÁN: CHINA APPRECIATES ROBUST GROWTH IN CENTRAL EUROPE 

China appreciates that economic growth in central and eastern Europe is twice the European average, the Hungarian prime minister said on Monday in his address at the Chinese International Import Expo (CIIE) organised for the first time in Shanghai. Read more HERE.

DOOSAN INVESTS HUF 32 BN IN BATTERY COPPER FOIL PLANT

South Korean conglomerate company Doosan will invest 32 billion forints in a battery copper foil plant in Tatabánya, western Hungary. The company will receive a 4.7 billion government grant for the project. Read more HERE.

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