GYSEV, Vasi Volan Win EU Grant for Passenger Info System Investment
Regional railway company GYSEV and regional bus company Vasi Volan signed a contract on August 24 for a HUF 526m European Union grant.
RAGT to Build Seed-Planting Processor in Hungary
French-owned RAGT Semences will soon start building a seed-planting processing and packaging facility in the Morahalom industrial park (SE Hungary), company director Didier Nury said on August 30.
Fourth Purchase of Mortgage Bonds in the Primary Market
Under the mortgage bond purchase program announced by the Monetary Council on February 8, 2010, the MNB has made its fourth purchase of mortgage bonds in the Hungarian primary market.
SMR Subsidiary Expands Production in Hungary
Samvardhana Motherson Refletec (SMR), an Indian-based multinational rear-view mirror manufacturer has broken ground for a new 15 000 sqm production facility near the north-western Hungarian town of Mosonmagyaróvár.
Borsod Volán Spends HUF 456 Million
Borsod Volán, a unit of state-owned bus company Volán, is spending HUF 456 million to make improvements at seven bus stations, CEO György Sárkozi said at a press conference on August 5.
Government to Launch Consultations on New Széchenyi Development Plan
The government is to launch a series of consultations, presenting the outlines of the new Széchenyi plan – the government's new development plan – at a meeting of entrepreneurs.
Number of Public Procurement Tenders up
The number of public procurement tenders was up 145 pct in the first half of 2010 from one year earlier.
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.
