Global business

Maxon to Upgrade Production at its Hungarian Unit in Veszprém

Swiss owned high-precision drive-system manufacturer Maxon AG will commence production of whole motors and rotors to the company's Hungarian unit, Maxon Motor Hungary, which has so far been manufacturing spare parts only.


Mercedes Benz is Fast Recruiting for its Kecskemét Plant

The construction work at the Daimler AG’s Hungarian plant in Kecskemét has already begun, while recruitment is also going ahead at the same time.


The Number of E.ON Customers Opting to Manage Their Accounts Online Has Tripled

The number of E.ON customers managing their accounts online is constantly growing, and even more people are interested thanks to customer contests.


Malév Business Plan Contains Annual Savings of More than HUF 6 Billion

Malév's business plan contains annual savings of more than HUF 6 billion.


Irish Tourism Developer SCD Group Will Operate Balaton Airport from April

FB Airport Kft, a member of the Irish SCD Group, tourism developer around lake Balaton signed an agreement with the municipalities of Sármellék and Zalavér to lease and operate Balaton Airport.


Vegyépszer Zrt Develops Infrastructure in North Libya for HUF 80 Billion

Hungarian construction company, Nemzetkozi Vegyépszer Zrt has won a tender of HUF 80 billion (EUR 300 million) contract to build infrastructure and public facilities in Libya.


An agreement Has Been Reached on Settling the Situation of Malév

The majority stakeholder, AirBridge Zrt, Malév Zrt and the Hungarian State Holding Company (MNV Zrt.) signed the document on February 26 evening.


PRESS MONITOR

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


Chinese Company Won Hungarian Bus Tender of over EUR 9 million

A Chinese Automotive Industry Co Ltd. won in a second round the public procurement tender of the Hungarian Volánbusz Zrt for the delivery of 60 buses.


Nokia Announces Innovation Contest for a Top Prize of HUF 1 million

Hungary this year has joined Nokia’s international developer contest entitled “Calling All Innovators”  Hungarian applicants can now compete not only locally, but also in the global field for cash prize and the latest handsets from Nokia.


News Monitoring