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.

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.

GKI: Improvements, but at the cost of Drops in Consumption, Investments and GDP

In the past 1.5 years, a huge improvement has taken place in Hungary's external and internal deficits.

Volume of Investments 6.4 pct Lower

In the first quarter of 2010, the volume of investments in the national economy was 6.4 pct lower than in the same period of 2009.

Advanced Power to Build EUR 600 Million Power Plant in Szeged

Switzerland's Advanced Power plans to build a EUR 600 million 880MW combined-cycle power plant in the Hungarian city of Szeged, project manager Adrian Bobula said on Wednesday.

News Monitoring