Stadler to invest HUF 17 billion in capacity expansion
Swiss train carriage manufacturer Stadler is investing 17 billion forints (EUR 44.2m) to expand production capacity at its plant in Szolnok, in eastern Hungary, creating 170 jobs, Peter Szijjarto, the minister of foreign affairs and trade, said on Tuesday.
Foreign minister inaugurates automotive plant
The government's policy of opening to the East has turned Hungary into China's primary investment destination in central Europe, Peter Szijjarto, the minister of foreign affairs and trade, said at the inauguration of a plant of Pex Automotive Systems in Szigetszentmiklos, near Budapest, on ...
Bosch to invest HUF 18 billion in plant expansion
Germany's Bosch Energy and Body Systems is investing 18 billion forints (EUR 46.7m) in expanding its plant in Miskolc, in north-eastern Hungary, creating 170 new jobs, Peter Szijjarto, the minister of foreign affairs and trade, said on Monday.
Automotive supplier GKN inaugurates plant in Hungary
Automotive industry supplier GKN inaugurated a plant in Felsozsolca, in north-eastern Hungary, on Friday.
Sanofi inaugurates HUF 8 billion expansion in Hungary
French pharmaceutical company Sanofi inaugurated an 8 billion forint (EUR 20.7m) expansion at its base in Miskolc, in north-eastern Hungary, on Friday.
Samsung SDI announces HUF 22.5 billion R+D investment
Samsung SDI has announced the largest ever government-supported research and development investment in Hungary, worth 22.5 billion forints (EUR 57.9m), Peter Szijjarto, the minister of foreign affairs and trade, said on Thursday.
Szijjarto: Hungary leader in car industry transformation
Hungary plays a leading role in the ongoing transformation of the automotive industry in Europe, Peter Szijjarto, the minister of foreign affairs and trade, said after meeting Wang Chuanfu, chairman of Chinese electric vehicle maker BYD, on Saturday.
Korean-Canadian JV LG Magna to set up first European plant in Hungary
The joint venture set up by South Korea's LG and Canada's Magna will establish its first plant in Europe in the city of Miskolc, in northern Hungary, the minister of foreign affairs and trade announced on Sunday.
Slovenian firm to build battery recycling plant in Hungary
Slovenia'a Andrada Group will build a battery recycling plant using "the world's latest technology" at Alsozsolca, in northern Hungary, the minister of foreign affairs and trade said on Tuesday.
Wizz Air orders another 75 A321neo planes
Hungarian low-fare airline Wizz Air has announced it signed a contract for an additional 75 A321neo aircraft from Airbus.
