Global business

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.

City Acknowledges Hungary as a ’Top Fiscal Performer’

Hungarian fiscal conditions and economy are “healthy in a regional or even pan-EU context,” according to BNP Paribas in London.

Asia in Focus – ITD Hungary, Joint Venture Association, Hungarian Foreign Economy Alliance Conference

On June 24, 2010, the HQ of Magyar Telekom turns into the brainstorming forum of trade and investment experts, and representatives of professional organizations, agencies and alliances.


International news sources report on Hungarian business and economics.

New CEO heads Synergon Information Systems Plc.

From September, Róbert Litauszki (43) will replace current CEO Márk Lazarovits.  Lazarovits will continue active participation in the work of Synergon as member of the Board of Directors after transferring executive tasks.

MAV-Trakcio calls tender to finance locomotive purchase

MAV-Trakcio, the traction unit of state-owned railway company MAV, announced in the latest issue of the Public Procurement Gazette a two-round tender to finance the purchase of 25 Bombardier TRAXX locomotives for EUR 74.7 million.

US Chemical Company Albemarle Opens a Center of Excellence SSC in Budapest

US chemical company Albemarle Corporation, a global leader in delivering innovative specialty chemicals, clean energy solutions and outstanding sustainability practices, opened a USD1 million service center in Budapest on Wednesday.


International news sources report on Hungarian business, energy and economy.

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