Category: Kiemelt

The South Korean company EcoPro is investing HUF 280 billion (EUR 746 million) in the construction of a cathode plant for electric batteries in Debrecen.

One of Hungary’s largest solar parks near Inárcs has changed hands. The German Greencells Group sold the 132 MW cluster to the Chinese Shanghai Electric Power Co (SEP).

In the whole county of Hajdú-Bihar and in the northern part of Békés, HUF 5.8 billion (EUR 15.5 million) will be invested in maintenance and development of the electricity network this year.

Thyssenkrupp Components Technology Hungary is opening an automotive engineering office in Győr.

The Ministry of Economy is setting up standards for logistics parks to increase their competitiveness. With more than 280,000 employees, the logistics sector generates 5 percent of GDP.

Merkbau Zrt. handed over a joinery and carpentry factory in Kiskunhalas. The government supported the HUF 2.5 billion (EUR 6.5 million) investment with HUF 1 billion (EUR 2.6 million).

China Construction Bank (CCB), one of the world’s largest credit institutions has opened a branch in Budapest.

The price caps for selected staple foods will be extended at least until the end of June 2023. The government will demand discount actions from retailers to fight against inflation.

The tender for the real estate and securities sub-programmes – the first pillar of the government’s Baross Gábor Reindustrialization Program – was successfully completed on 31 March.

Masterplast Nyrt. acquired further shares in its Italian holding. With the purchase of 44.5% of the subscribed capital, Masterplast Nyrt. increased its share in Masterplast Italia to 95.5%.