Global business

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.


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.


PRESS MONITOR

International news sources report on the Hungarian economy and business environment.


Renewing Shop Windows in Budapest's Downtown

The Tourism Office of Budapest, Studio Metropolitana together with the Association of Decorateurs, have announced a brainstorm-tender for artists and cultural groups, entitled "Shop windows of Budapest".


Zwack Pays More Than Two Billion in Dividends

Zwack Unicum Nyrt announced on July 13, that the AGM had approved the proposal of the Board of Directors on the allocation of profits.


Subsidiary of Siemens Purchased by Hungarian Enterprise

Siemens Enterprise Communication (SEC) has been purchased by the Hungarian Young BTS Kft.


Szentkiralyi Szentkirályi Inaugurates HUF 500 Million Warehouse At at Bottling Plant

Hungarian-owned mineral water bottler Szentkiralyi Szentkirályi ÁAsváanyviíz on July 1 inaugurated a HUF 500 million logistics centrecenter at its base in SzentkiralySzentkirály, south of Budapest.


A Five-Star Airline is Now Coming to Budapest Airport

The renowned five-star airline will fly four times a week between Budapest and Doha, the capital of Qatar, from January 2011.


Wizz Air Continues to Expand in Budapest – Over 20pct Growth in 2010

Wizz Air, the largest low-fare, low-cost airline in Central and Eastern Europe announced that it would launch new routes and increase frequencies of a number of existing services.


News Monitoring