industrial

15/08/2016

HungaryTrends – The week in business and finance

Budapest (MTI) – See below MTI’s main business and financial news from the previous week: HUNGARY Q2 GDP GROWTH ACCELERATES TO 2.6 PC Hungary’s GDP rose […]
10/08/2016

Court terminates Zsolnay liquidation procedure

Budapest, August 10 (MTI) – A court in Zalaegerszeg, in western Hungary, has terminated a liquidation procedure brought against porcelain maker Zsolnay, MTI learnt from the […]
07/08/2016

Hungary Trends – The week in business and finance

Budapest, August 7 (MTI) – See below MTI’s main business and financial news from the previous week: MOL Q2 PROFIT RISES 45 PC, LIFTED BY LOWER […]
26/07/2016

China’s BYD to set up electric bus manufacturing plant in Hungary

Budapest, July 26 (MTI) – Chinese company BYD will set up its first European electric bus manufacturing plant and create almost 200 jobs in Komárom, in […]
26/07/2016

Dunaferr inaugurates renovated blast furnace

Budapest (MTI) – Hungarian steelmaker ISD Dunaferr inaugurated its renovated blast furnace in Dunaújváros (C Hungary) on Monday. The investment will allow Dunaferr to fill smaller […]
19/07/2016

British American Tobacco to invest EUR 9.5m at Hungary base

Budapest, July 19 (MTI) – British American Tobacco is to increase production capacity with an investment of 3 billion forints (EUR 9.5m) at its plant in […]
15/07/2016

A major participant of the milling industry quits the market

After struggling with overcapacity, the Sikér Zrt. announced its quit from the milling industry, leaving a debt of millions, according to vg.hu. Back in February the […]
13/07/2016

The pharmaceuticals industry may become a growth engine of Hungary’s industrial sector

The Government assigns a major role for the pharmaceuticals industry, which may be one of the breakout points of Hungary’s economy, Minister for National Economy Mihály […]
06/07/2016

Opel to make 650,000 engines in Hungary this year

Budapest, July 6 (MTI) – German carmaker Opel plans to turn out 650,000 engines at its base in Szentgotthárd, in western Hungary, this year, the CEO […]
06/07/2016

Prosecutor revokes Zsolnay inventory seizure

Budapest, July 6 (MTI) – A prosecutor in southwest Hungary has revoked a search and seizure warrant ordered by tax office NAV on the inventory of […]
30/06/2016

M-FlexiLog building EUR 10.4m packaging plant and logistics base in SE Hungary

Budapest, June 30 (MTI) – Austrian-owned printing and packaging company M-FlexiLog is building a 3.3 billion forint (EUR 10.4m) packaging plant and logistics centre in Békéscsaba, […]
27/06/2016

Audi to make Hungary electric motor centre

Budapest, June 27 (MTI) – German carmaker Audi plans to make Hungary its electric motor centre, Economy Minister Mihály Varga said in a statement on Monday, […]
25/06/2016

Hell Energy plans EUR 94.6m capacity expansion at NE Hungary base

Budapest, June 24 (MTI) – Energy drink maker Hell Energy will invest 30 billion forints (EUR 94.6m) at its base in Szikszo, in north-eastern Hungary, creating […]
21/06/2016

Varga inaugurates EUR 4 m Sicta investment in NE Hungary

Budapest, June 21 (MTI) – Economy Minister Mihály Varga inaugurated French auto parts supplier Sicta’s 4 million euro office building and storage base in FelsÅ‘zsolca, in […]
31/05/2016

DK: China market economy status to impact Hungary steelmaker

Budapest, May 31 (MTI) – Granting China market economy status would threaten Hungarian steelmaker Dunaferr, the spokesman for the leftist opposition Democratic Coalition (DK), said on […]
12/05/2016

Decline in automotive sector weighs on industrial output in March

Budapest, May 12 (MTI) – A 6.7 percent year-on-year fall in output by Hungary’s automotive sector companies weighed on industrial output in March, a second reading […]
12/05/2016

Government to draw up bus production strategy

Budapest, May 11 (MTI) – The government has decided to draw up and implement a national strategy for bus production, government spokesman Zoltán Kovács said on […]
29/04/2016

Daimler to invest EUR 595m at its base in Hungary

Budapest, April 29 (MTI) – German carmaker Daimler will invest 185 billion forints (EUR 595m) at its base in Kecskemét, in central Hungary, to build a […]
28/04/2016

US firm Flowserve to invest EUR 13.8m in Hungary services centre

Budapest, April 28 (MTI) – American industrial machinery maker Flowserve Corporation will set up a 4.3 billion forint (EUR 13.8m) financial services centre in Debrecen (E […]
27/04/2016

Yanfeng to invest EUR 23,71m into expanding Hungary unit

Budapest, April 27 (MTI) – China’s Yanfeng Automotive Interiors (YAI) will spend 7.4 billion forints (EUR 23,71m) on expanding its existing unit in Pápa, in western […]