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.

Szijjarto: Nokia investment to create 150 jobs in Hungary

Finnish telecommunications and IT company Nokia's 2.5 billion forint (EUR 6.35m) investment is set to create 150 advanced-skill jobs in Budapest as part of an R+D programme in 5G technology, Peter Szijjarto, the minister of foreign affairs and trade, said on Tuesday.

PMI climbs to 58.9 in April

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 58.9 points in April from 57.6 in March, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday.