Category: Kiemelt

Cosmetics manufacturer PowerPak Kft. has built a new plant and warehouse in Göd with an investment volume of HUF 5 billion (approx. EUR 12.4 million).

The state-run investment promotion agency HIPA has developed a cross-industry database to connect local suppliers with foreign investors.

MBH Bank is responding to the continued demand for cash by installing ATMs at 55 fuel stations. In turn, the oil and gas company is steadily transforming its service stations into modern service centers.

Holcim Magyarország Kft. has inaugurated a solar park at its cement plant in Királyegyháza (near Pécs) with a capacity of approximately 28.5 MW.

The battery industry supplier has inaugurated its new cellulose plant in Vácrátót. The Japanese company is producing the cellulose product CMC on a 43,000 square meters site near Budapest.

The high-speed oval has now been inaugurated in Zalaegerszeg. This high-speed track at the ZalaZONE test facility, with a total length of 4.45 km, allows test vehicles to reach top speeds of up to 250 km/h.

Nestlé has inaugurated a solar park in Szerencs with an annual output of 1.5 gigawatt-hours. The value of the Swiss company’s investment amounts to HUF 730 million (EUR 1.8 million).

The government has extended its retail margin cap measures to drugstore products. The new regulation affects drugstore chains such as DM, Rossmann, and Müller.

Retail chain Spar Hungary is investing HUF 1.9 billion (more than EUR 4.5 million) to increase production capacity at its food manufacturing facilities.

The MOL Group and Turkish Petroleum have signed concession agreements for the joint exploration and production of two new hydrocarbon fields.