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.

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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.

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 ...

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 ...