PEZ Plant Inaugurated in Hungary

Austrian confectioner Ed. Haas inaugurated on September 17 a HUF 1 billion plant in Hungary, where it will make its trademark PEZ candy.

Composite One Breaks Ground for New Plant in SW Hungary

Plastic aircraft-part maker Composite One Kft laid the cornerstone of a new plant in Somogyvár (SW Hungary) on Sunday.

RAGT to Build Seed-Planting Processor in Hungary

French-owned RAGT Semences will soon start building a seed-planting processing and packaging facility in the Morahalom industrial park (SE Hungary), company director Didier Nury said on August 30.

Number of Public Procurement Tenders up

The number of public procurement tenders was up 145 pct in the first half of 2010 from one year earlier.

Hajdu Completes HUF 780 Million Water Boiler Production Investment

Hungarian-owned Hajdu Hajdusagi Ipari has completed a HUF 780 million investment to expand and improve water boiler production capacity at its plant in Teglas, CEO Anna Novotni-Dede said at a press conference on July 23.

Teva Inaugurates HUF 20 Billion Drug Packaging Plant in Hungary

Israeli generic drug maker Teva inaugurated a HUF 20 billion drug packaging plant.

Advanced Power to Build EUR 600 Million Power Plant in Szeged

Switzerland's Advanced Power plans to build a EUR 600 million 880MW combined-cycle power plant in the Hungarian city of Szeged, project manager Adrian Bobula said on Wednesday.

Hungarian Construction Sector Output Contraction Slows Down in March

Hungary's construction output decline slowed down to 5.8pct yr/yr in March from 10.1pct yr/yr in February according to both unadjusted figures and adjusted with working days, the Central Statistics Office (KSH) said on Monday.

Revitalisation of the Site of Former Sugar Factory in Kaba

The transformation and development of the industrial site and infrastructure of the former sugar factory in Kaba, a project costing over HUF 850 million, may commence with the help of financing from the New Hungary Development Plan.

The Volume of Construction Activity Decreased by 10.1pct in February

In February 2010, the volume of construction activity decreased by 10.1pct according to both unadjusted indices and to those adjusted for working days, compared to February 2009.

News Monitoring