Global business

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.


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.

Incubation Center of Creative Industrial Sectors Opened at University of Debrecen

The incubation center of creative industrial sectors was set up with the help of EU funding amounting to nearly HUF 400 million at the University of Debrecen.

Foreign Investors Were Net Sellers of Hungarian Securities in Q4, 2009

The National Bank of Hungary showed that foreign investors were the net sellers in every segment of the Hungarian securities markets in Q4 2009, except for HUF 13 billion net secondary market purchases of Hungarian government bonds issued abroad.

Hungary at Milano Fur Exhibition (Mifur) 2010 in March

ITD Hungary and the Hungarian Fur Association will present five Hungarian fur makers at this year's Fur and Leather Exhibition, from March 3 until March 6 .

New Orders in Manufacturing Sector up First Time since July 2008

New orders received by Hungary's manufacturing sector in December rose 7.0 pct in volume terms from the same month of 2008, in the first yr/yr increase since July 2008, helped by base effects, the Central Statistics Office (KSH) said on Monday.

Graboplast Files Patent for Super Massive PVC Flooring Developed with Nanotechnology

Floorcovering Manufacturers Ltd, Graboplast has filed a patent for its nanotechnological procedure, which allows for the production of scratch- and dirt-free PVC flooring, used in public buildings, such as hospitals, stadiums and metro stations.


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

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