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Budapest third in fDi Magazine top 10 ranking for region
Budapest is third in a list of the region's top ten cities ranked by the Financial Times' fDi Magazine.
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Hankook Tire to invest EUR 230m at Hungarian unit
Hankook Tire will invest EUR 230m to expand its car-tyre plant in Racalmas (C Hungary), Hankook Tire PR Manager Katalin Roy told MTI.
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TEVA to start EUR 65m investment near Budapest
Israeli drug maker TEVA will lay the cornerstone of a EUR 65m investment at its base in Godollo, on the outskirts of Budapest, business daily Vilaggazdasag reported.
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ITD Hungary brings EUR 894m to Hungary in 2009
The Hungarian Investment and Trade Development Agency (ITD Hungary) drew EUR 894m in foreign investments to the country in 2009, head of the agency Gyorgy Retfalvi said.
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Ethanol Europe to build EUR 97m plant in Hungary
The Hungarian unit of Ethanol Europe, based in Ireland, plans to build a EUR 97.2m bioethanol plant in the Hungarian city of Dunafoldvar, a draft government decree that would make the investment a "priority project", speeding up the process of obtaining permits, published on the website of the National Development and Economy Ministry shows.
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Investments at Hungarian printing plants draw business from abroad
Investments at printing plants in Hungary have raised the bar for the industry which is drawing more business from abroad, business daily Vilaggazdasag reported.
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E.On inaugurates HUF 1.3bn transformer base in SW Hungary
The Hungarian unit of German utilities giant E.On on Tuesday inaugurated a HUF 1.3bn transformer base in Nagykanizsa (SW Hungary).
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Carl Zeiss Vision's Hungarian unit becomes centre for glass lens production
As a result of recently completed investments worth EUR 1.7m, Carl Zeiss Vision Hungary's Mateszalka (NE Hungary) plant has become the centre for the production of Zeiss glass lenses, the business daily Vilaggazdasag reported, quoting president and CEO Ilona Radics.
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ITD Hungary, FINEST investment bank offer financing for investment in Hungary
The Hungarian Investment and Trade Development Agency (ITD Hungary) and the Italian investment bank FINEST signed an agreement to provide corporate and individual financing to Italian investors planning to make investments in Hungary.
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Wind Works Power to buy Hungary wind farm for USD 500,000
Canada's Wind Works Power Corp said it signed an option agreement to acquire Ecsed, a 50MW wind farm in Hungary, for a combined USD 500,000.
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Daimler lays cornerstone for EUR 800m plant in Hungary
German car maker Daimler laid the cornerstone for a EUR 800m plant in the Hungarian city of Kecskemet.
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Prinzhorn group inaugurates HUF 50bn plant in Hungary
Austria's Prinzhorn group inaugurated a HUF 50bn packaging materials plant in Dunaujvaros, south of Budapest.
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Turkish Food Industry Investment in Mako
Turkish-owned Duna Doner Kft started the production of doner and gyros in Mako, SE Hungary.
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Unilever inaugurates HUF 2.7bn capacity expansion in Hungary
UK-Dutch household products giant Unilever on Friday inaugurated a HUF 2.7bn investment at its plant in Nyirbator (NE Hungary), boosting the unit's capacity by 60pc, said Unilever Magyarorszag communications director Kalman Molnar.
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Nokia Siemens could expand Budapest centre, says PM on Helsinki visit
Nokia Siemens Network could expand its centre in Budapest which currently has a staff of 800, Prime Minister Gordon Bajnai said after meeting with top Nokia officials in Helsinki.
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