Interview with Dr. Thomas Narbeshuber, Vice President of BASF South Central Europe
“We fully support the Green Deal”
It’s getting hot, not only for climate forecasts but also for the debate about the EU’s most ambitious project in terms of environmental protection: the Green Deal. One well-versed in the subject is Dr. Thomas Narbeshuber. The Vice President of BASF South Central Europe and Managing Director of BASF Hungaria Kft. founded a working group on this topic as part of the German-Hungarian Chamber of Commerce and Industry (the Deutsch-Ungarische Industrie-und Handelskammer, DUIHK) in 2021 and was a speaker and moderator at several corresponding DUIHK events.
NBH renews call on Revolut to set up Hungarian unit
Revolut Bank should conduct its activities in Hungary as a subsidiary, with a local HQ and capitalisation, the Hungarian central bank (NBH) said on Tuesday, renewing its call on the bank, last made in September, to start the licencing procedure for a local unit.
Cellulose maker Dunacell invests HUF 7 billion in capacity expansion
Hungarian cellulose maker Dunacell is investing 7 billion forints (EUR 19.6m) to expand production capacity at its base in Dunaujvaros, in central Hungary, the minister of foreign affairs and trade said on Monday.
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MOL acquires Lotos petrol stations in Poland for USD 610m
Hungarian oil and gas company MOL on Wednesday said it signed agreements with PKN Orlen and Grupa Lotos on the acquisition of 417 petrol stations in Poland for 610 million US dollars.
Mandatory declaration of construction material exports extended until May 31
The government has extended the mandatory declaration of the export of strategic building materials from Hungary until May 31, the innovation and technology ministry said on Monday.
Number of jobseekers falls to 238,700 in December
The number of registered jobseekers in Hungary fell to 238,700 in December, state secretary Tamas Schanda said on Tuesday.
Nearly 50 percent of SMEs made investments in past two years
In the past two years some 47 percent of SMEs concluded investment projects worth at least 10 million forints (EUR 27,000), Magyar Bankholding, which is overseeing a tie-up that is set to become Hungary's second-biggest commercial lender, said on Monday based on a survey ...
Hungarian, Russian and Austrian railway companies partner on cargo JV
Hungarian-owned CER Cargo Holding SE, Russian-owned RZDL Europe Kft and the Hungarian unit of Austria's Rail Cargo Group, Rail Cargo Hungaria Zrt, signed a memorandum of understanding on setting up a joint venture to bring cargo between China and Europe in Budapest on Tuesday.
Szijjarto attends S.E.G.A. Hungary production hall inauguration
Chinese-owned automotive industry company S.E.G.A. Hungary inaugurated a production hall in Szirmabesenyo, in north-eastern Hungary, and announced a new R+D project on Thursday, in a ceremony attended by Foreign Minister Peter Szijjarto.
Szijjarto: Italy becomes Hungary’s sixth largest trade partner
Italy-Hungary trade increased by an annual 32 percent so far this year and it is expected to hit a record high by the end of the year, making Italy Hungary's sixth largest trade partner, Foreign Minister Peter Szijjarto said on Wednesday.
Guest nights up 70.3 percent yr/yr in September
The number of guest nights at commercial accommodations in Hungary rose by an annual 70.3 percent to 1,881,000 in September, driven by a surge in the number of foreign visitors, the Central Statistical Office (KSH) said on Tuesday.
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Interview with Dr. Thomas Narbeshuber, Vice President of BASF South Central Europe
“We fully support the Green Deal”
It's getting hot, not only for climate forecasts but also for the debate about the EU's most ambitious project in terms of environmental protection: the Green Deal. One well-versed in the subject is Dr. Thomas Narbeshuber. The Vice President of BASF South Central Europe ...
MOL acquires Lotos petrol stations in Poland for USD 610m
Hungarian oil and gas company MOL on Wednesday said it signed agreements with PKN Orlen and Grupa Lotos on the acquisition of 417 petrol stations in Poland for 610 million US dollars.
Number of jobseekers falls to 238,700 in December
The number of registered jobseekers in Hungary fell to 238,700 in December, state secretary Tamas Schanda said on Tuesday.
Most commented articles Corporate
Varga attends AmCham business forum
The United States is the biggest non-European investor in Hungary and also its biggest non-European export partner, Finance Minister Mihaly Varga said after attending a business forum of the American Chamber of Commerce in Hungary on Monday.
PM announces new interest-free loan to SMEs
Orbán: Government launches action plan to reopen economy
As part of its action plan to relaunch the economy after the coronavirus pandemic, the Hungarian government has decided to introduce a new interest-free loan to help SMEs, Prime Minister Viktor Orbán said on Thursday. SMEs can raise an interest-free loan with ten-year maturity ...
Govt awards Flex grant for HUF 8.9 billion investment
Peter Szijjarto, the minister of foreign affairs and trade, on Tuesday awarded the local unit of contract electronics maker Flex a 3.6 billion forint (EUR 10.0m) government grant to support 8.9 billion forints of investments at the company's bases in Zalaegerszeg and Sarvar, in ...
