FDI

Alba Airport to Cost HUF 20 billion-25 billion

An airport near Szekesfehervar is set to build by property developer Biggeorge's.


Economy Minister Signs Subsidy Contract with Stadler

Mr. Gordon Bajnai and Managing Director of the Stadler signed an agreement for a EUR 18.5 million.

 


Belgium Buys 2 million AAUs from Hungary

Hungary has sold 2 million government carbon credits to Belgium, Hungarian government sources confirmed on September 29th 2008.

 


Sara Lee Completes HUF 1 Billion of Investments at Hungary Plant

US food giant Sara Lee completed HUF 1 billion (EUR 4.2 million) investment.

 


Daimler Benz Establishes Hungarian Manufacturing Unit

German car company Daimler-Benz, which announced in June that it would build a EUR 800 million manufacturing plant in Hungary.


Spar Opens New Logistical Center near Budapest

The Hungarian unit of the Austrian supermarket chain Spar has opened its new logistical hub.

 


State Investment Agency Looks for Alternative Sites for Apollo Tyres Plant

ITDH starts searching for a suitable site for India's Apollo Tyres factory.


Pfizer May Pick Hungary for USD 30m R&D Centre

US pharmaceutical giant Pfizer could set up a USD 25-30 million R+D centre in the Hungarian city of Szeged.


Nitrokemia to Build EUR 170.2 m Lactic Acid Plant in Hungary

Hungarian chemicals company Nitrokemia plans to build a HUF 40 bn (EUR 170.2 million) lactic acid plant in Balatonfuzfo in North-West Hungary, the company announced at the site on July 31st 2008.
 


Apollo Tyres Sees Delay in Start of Production in Hungary

India's Apollo Tyres sees production at a plant it is building in Hungary to starting later than expected.


News Monitoring