Liberty Dunaujvaros shuts down coke ovens
Hungarian steel maker Liberty Dunaujvaros has started shutting down its two coke ovens, Indian owner Liberty Steel said on Monday.
Car manufacturers, suppliers creating ‘upward spiral’, minister says
The investments of automotive suppliers are drawing manufacturers to Hungary and vice versa, creating an "upward spiral" in the Hungarian economy, Peter Szijjarto, the minister of foreign affairs and trade said on Thursday, receiving an award at an event organised by the subsidiaries of ...
Magnus Aircraft starts building factory in China
Factory units of Hungarian-owned company Magnus Aircraft will be structurally complete near Wuxi, in south-eastern China, by October, enabling the company to start producing aircraft not only in Hungary but also in China, the company said on Tuesday.
LMP activists shut off entrance to Samsung battery factory
Opposition LMP activists have shut off the entrances to the Samsung battery plant in God, north of Budapest.
Hungary has interest in Suzuki’s success, Orbán tells Suzuki CEO in Budapest
Prime Minister Viktor Orbán held talks with Toshihiro Suzuki, the CEO of Suzuki Motor Corporation, in Budapest on Monday, his press chief said.
Szijjarto: TDK investing HUF 26 billion in Szombathely
TDK could create 250 jobs with a 26 billion forint (EUR 67m) investment in Szombathely, western Hungary, Peter Szijjarto, the minister of foreign affairs and trade, said at the inauguration of a building at the Japanese-owned company's base in the city on Friday.
Hell Energy inaugurates HUF 80 billion capacity expansion
Hungarian soft drink maker Hell Energy inaugurated an 80 billion forint (EUR 206.7m) capacity expansion at its base in Szikszo, in north-eastern Hungary, on Friday.
Siemens Energy investments ‘of special significance’, minister says
Peter Szijjarto, the minister of foreign affairs and trade, said that the new investments by Siemens Energy "are of special significance" in Hungary, in his address at the inauguration ceremony in Budapest on Thursday.
Hungarian Fintech Association signs letter of intent for cooperation with MENA Fintech Association
The Hungarian Fintech Association has signed a letter of intent on cooperation with the Dubai-based MENA Fintech Association with the aim of boosting cooperation and promoting innovation.
DK: Greenpeace report shows Samsung battery plant threat to God, nearby towns
A Greenpeace report shows that fetotoxic substances in the wastewater near the Samsung battery plant in God near Budapest also threaten nearby towns including Dunakeszi, the environment and climate affairs shadow minister of opposition Democratic Coalition said on Sunday.
