The Budapest Business Journal on the web

Gyermelyi lays cornerstone of HUF 2 bln mill

Thursday 05:00, April 12th, 2012

The company will spend almost HUF 1.5 billion on investments this year in addition to the construction of the new mill, building a new egg farm, an egg-sorting facility and a packaging materials warehouse.Read more

State asset manager to auction Republican Guard properties

Thursday 04:55, April 12th, 2012

Starting price will be almost HUF 2 billion.Read more

MFB Invest plans HUF 20-30 bln of investments in 2012

Thursday 04:45, April 12th, 2012

The venture capital unit of MFB aims to invest HUF 5 billion in smaller projects, and HUF 25 billion-30 billion in gas and mobile telecommunications projects.Read more

Defense Ministry recommends public sale of MiG-29s

Thursday 04:40, April 12th, 2012

Hungary's 24 decommissioned MiG-29 jet fighters are proposed to be up for public sale without a minimum purchase price by MNV.Read more

MÁV introduces electronic purchasing system

Thursday 01:30, April 12th, 2012

The new system is expected to reduce paperwork related to the purchases by 85%.Read more

HITA brings more than €924 mln in investments to Hungary

Thursday 01:10, April 12th, 2012

The agency's projects will create more than 5,700 jobs in the near future.Read more

Meat market woes

Wednesday 04:30, April 11th, 2012

Hungary in talks with foreign companies on investments

Wednesday 10:45, April 11th, 2012

Most investments by foreign companies in Hungary at the moment are related to the expansion of capacity that had been transferred from elsewhere. Read more

Wildhorse Energy to raise up to £5.6 mln for Hungary feasibility study

Wednesday 10:40, April 11th, 2012

A cooperation agreement signed in February aims Uranium mining in the Mecsek Hills.Read more

Pannónia Ethanol starts production of bioethanol plant

Tuesday 12:20, April 10th, 2012

The biggest bioethanol plant in Hungary is expected to turn out an annual 240 million liters of bioethanol.Read more

Rail transport developments worth HUF 40 bln to start next year at Békéscsaba

Tuesday 10:10, April 10th, 2012

The project is related to EU-supported railway renovation works.Read more

Gov't to announce EU winery equipment tender

Friday 04:55, April 6th, 2012

An EU fund of HUF 1.2 billion will open for tenders for purchasing winery equipment from the second half of this year.Read more

AmCham offers cooperation in government's initiative

Friday 03:40, April 6th, 2012

The American Chamber of Commerce hails the Hungarian government's demonstrated willingness to hold consultations with multinational corporations.Read more

Digital TV subscription number rises about 11,000 in February

Friday 03:15, April 6th, 2012

Hungary's biggest digital television companies had 1,688,000 subscribers at the end of February, up 11,000 from a month earlier, fresh NMHH data show.Read more

Mercedes plant to boost foreign trade, industrial output, analysts say

Friday 03:10, April 6th, 2012

Both Hungary's foreign trade figures and the industrial output data should get a boost with the start of production at the freshly inaugurated Daimler plant in Kecskemét (C Hungary), analysts interviewed by MTI says.Read more