Sapa Profiles Expands Production in Hungary
Norwegian-owned Sapa Profiles, the world’s largest producer of light aluminum profiles, laid the cornerstone of a new 8,000 sqm production facility in Szekesfehervar on Tuesday.
GKI: Improving Business And Deteriorating Consumer Expectations
In July, GKI's economic sentiment index (adjusted for seasonal effects) remained unchanged.
Hungary to Join ERM-II in 2 years, says City
Hungary may join the ERM-II exchange rate system in two years' time, London-based analysts of emerging markets said on Monday.
Gem of Lake Balaton – HUF 1.7 billion Priority Project Handed Over
The local government of Balatonfüred has been awarded non-reimbursable EU funding amounting to HUF 1.5 billion.
Palace District in Józsefváros to Be Renovated
The former ‘exclusive magnate quarter’ in the center of Budapest, namely the Palace District in the 8th District known as Józsefváros will be renewed by the summer 2011.
The EC Says Hungarian Balance ”Broadly Stable” But Calls for Further Reforms
In an assessment of Hungary's updated convergence program, the European Commission said Hungary's budget balance was "broadly stable" in 2009.
Mixed Forecast from GKI Think Tank, the GDP Will Stagnate This Year
GKI head András Vértes said Hungary's fiscal position is excellent compared to its peers in Europe.
Government Approves Further 39 Priority Projects
Transport, tourism, environment development, healthcare and urban rehabilitation investments have all been included in the development package worth a total of HUF 51.3 billion.
Flood Protection Developments along River Dráva from EU Funding
The assistance contract of the project bearing the title "Drávaszabolcs-Kémes Flood Area" was signed on 22 March.
