Continental unveilsHUF 1.2bn investment in Hungary

The Hungarian unit of German automotive industry supplier Continental on Friday inaugurated a net HUF 1.2bn investment at its plant in Budapest.
BusinessFriday, 20:20 January 27., 2012 Read more

Auto-Szoft completes HUF 109m production hall

Hungarian automotive industry supplier Auto-Szoft Automatizalasi es Gepgyarto has completed a HUF 109m production hall at its base in the Gyor Industrial Park (NW Hungary), managing director Bela Papp told MTI.
BusinessFriday, 09:50 January 27., 2012 Read more

Iron-Tech Zrt completes EU-supported investment

Iron-Tech Kereskedelmi, Szolgaltato es Termelo Zrt, a company that produces metal parts primarily for the automobile industry, completed a HUF 200m technological investment at its plant in Szigetvar (S Hungary), company owner-CEO Tibor Bocskor told MTI on Wednesday.
BusinessWednesday, 11:45 January 25., 2012 Read more

BorgWarner unit plans to increase capacity, hire workers

BorgWarner Turbo Systems Kft, the Hungarian unit of US-based global automotive industry components and parts supplier BorgWarner, is planning to increase capacity by 50% and hire 140 more workers at its turbocharger manufacturing plant in northern Hungary by 2015, the business daily Napi Gazdasag reported on Monday.
BusinessMonday, 11:20 January 9., 2012 Read more

Hubner Hungary undertakes €10m capacity expansion

German-owned transport industry supplier Hubner Hungary is undertaking a €10m expansion that will make it the parent company’s most important production unit, managing director Ingo Heerdt said at a press conference in Nyiregyhaza, the site of the plant, on Wednesday.
BusinessWednesday, 13:35 December 14., 2011 Read more

Energy supplier and trader Alteo establishes new unit

Hungarian energy supplier and trader Alteo on December 5 established a new unit, ALTEO Energiakereskedo Zrt (ALTEO Energy Trader), Alteo reported on Tuesday.
BusinessTuesday, 09:40 December 6., 2011 Read more

UPDATE - Continental Teves Magyarország lays cornerstone of HUF 3.8bn expansion

Automotive industry supplier Continental Teves Magyarország on Thursday laid the cornerstone of a HUF 3.8bn expansion at its plant in Veszprém (W Hungary).
BusinessThursday, 15:40 October 27., 2011 Read more

Kókai inaugurates €1 mln production plant

Hungarian automotive industry supplier Kókai Tömítéstechnikai won a HUF 100 million grant for the project
BusinessWednesday, 15:00 August 10., 2011 Read more

GGDF SUEZ Energia Magyarország wins tender to supply Békés County with HUF 1.7 bln of gas

GDF SUEZ wins a tender to supply gross HUF 1.7 bln worth of gas to local governments in Békés County for twelve months, starting July 1
BusinessThursday, 16:05 June 23., 2011 Read more

Continental makes 250 mln wheel sensors at Hungary plant

German automotive industry supplier Continental has rolled out 250 million wheel sensors at its Veszprém plant since production started 18 years ago
BusinessThursday, 07:20 June 9., 2011 Read more

Gas supplier Tigaz aims for 20-30% market share in capital, Pest County

Regional gas supplier Tigaz aims to take over 20-30% market share among "universal services" clients in Budapest and Pest County, chairman Cesare Cuniberto said at a press conference on Wednesday.
BusinessWednesday, 13:45 May 4., 2011 Read more

Tesco blames suppliers for tainted tomatoes

The Hungarian unit of UK supermarket chain Tesco said that tomatoes on its shelves with higher-than-acceptable levels of pesticides and herbicides were put there because suppliers had misinformed the retailer.
BusinessTuesday, 08:05 May 3., 2011 Read more

Household electricity prices to drop about 5% from July

Household electricity prices are set to fall about 5% from July 1, daily Magyar Nemzet reported on Thursday, citing market sources.
EnergyThursday, 11:43 May 27., 2010 Read more

Bosch to make more than a thousand new hires in Hungary

German automotive industry supplier Bosch is building a production hall at its base in Miskolc (NE Hungary) that will create more than a thousand jobs, Klaus Leopold, managing director of Bosch's Hungarian unit, said at a press conference in Budapest on Wednesday.
BusinessWednesday, 14:41 May 5., 2010 Read more

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