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Latest news

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.

Trade Balance Showed a Surplus of EUR 567 Million

In June 2010, according to first estimates, exports amounted to EUR 6,284 million, while the value of imports reached EUR 5,717 million.

Hungarian Energy Giant Test Drill is Promising

The results of further testing of the Butmah (1783 to 1814m) section of the Jurassic on its Shaikan-1 discovery well have been announced by MOL.

Electric Car Rental Network in Budapest

The prototype of the first Hungarian-designed electric car, Bontino Caffo, developed by Brixxon Electric MotorCars, will hit the roads of Budapest next year.

Industrial Output Increased by 15.2 Pct in June

According to preliminary data in June 2010, the industrial gross output increased by 15.2 pct compared to June 2009, the index adjusted by working days rose by 12.6 pct.

News Monitoring