Test drillings for the construction of pumped storage power plants are beginning near Sajóivánka (Borsod County) and Markaz (Heves County).

The Schedl Group is making parallel greenfield investments at two locations with an investment of HUF 40 billion (approx. EUR 100 million).

According to the Ministry of Defense, NATO’s DIANA innovation programme is establishing new locations in Hungary.

Botlik Trans Kft. has built a technical testing center, a repair base and a truck wash in Tát with an investment of almost HUF 600 million (EUR 1.5 million).

The University of Debrecen will establish a battery research laboratory in its industrial park in cooperation with the companies that will settle there.

Continest Technologies Zrt. based in Székesfehérvár has become Hungary’s largest container manufacturer in just five years.

Ganz-Mavag Europe Zrt. has made a public offer of EUR 620 million for the takeover of the Spanish railroad company Talgo.

After the exit in 2016, Uber plans to return to Budapest in partnership with the Főtaxi Group.

The Phlegon Group handed over a 48-megawatt solar power plant in Kiskunhalas (southern Hungary) with an investment of HUF 23 billion (EUR 59 million).

The company will use the USD 750 million loan with a maturity of seven years for general corporate financing purposes.