Battery plant in Debrecen largest ever investment project in Hungary

The largest ever investment project in Hungary will be carried under an agreement signed with Chinese battery producer Contemporary Amperex Technology (CATL) which will set up its second European plant in Debrecen, in eastern Hungary, the parliamentary state secretary of the foreign ministry said ...

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Mercedes to invest HUF 400 billion in Kecskemet plant

Mercedes-Benz will spend 400 billion forints (EUR 1bn) to add new production lines to its plant in Kecskemet, in central Hungary, Peter Szijjarto, the minister of foreign affairs and trade, said on Thursday.

EC scrutinises MOL-OMV Slovenija deal

The European Commission on Thursday said it opened an in-depth investigation to assess the planned acquisition of OMV Slovenija by Hungarian oil and gas company MOL.

Szijjarto: Audi to build new electric engine plant

Audi is investing 120 billion forints (EUR 301m) to build a new plant turning out electric motors for Volkswagen Group cars in Gyor, in north-western Hungary, Peter Szijjarto, the minister of foreign affairs and trade, announced on Tuesday.

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Battery plant in Debrecen largest ever investment project in Hungary

The largest ever investment project in Hungary will be carried under an agreement signed with Chinese battery producer Contemporary Amperex Technology (CATL) which will set up its second European plant in Debrecen, in eastern Hungary, the parliamentary state secretary of the foreign ministry said ...

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PMI still a little under 50 points in March

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) edged down to 48.7 points in March from 49.0 in February, when it slipped under the 50-point threshold that signals expansion in the manufacturing sector for the first time in five months, the Hungarian Association of Logistics, Purchasing ...