• Soaring MOL Hungary Earnings Unveiled

    Soaring MOL Hungary Earnings Unveiled

    • 20 Feb 2023 8:43 AM

    Net income of Hungarian oil and gas company MOL rose 62% to 852 billion forints (EUR 2.2bn) in 2022, results published ahead of the opening bell on Friday show.

    More >>
  • German Giant to Invest a Fresh HUF 70 Billion in Hungary

    German Giant to Invest a Fresh HUF 70 Billion in Hungary

    • 20 Feb 2023 8:13 AM

    Robert Bosch Power Tool, a local unit of German engineering giant Bosch, has announced a 70 billion forint (EUR 183.0m) investment to set up a logistics centre and expand battery and tool manufacturing capacity in Miskolc, in northern Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said.

    More >>
  • Electrolux Plant Closure in Hungary 'Surprised' Government

    Electrolux Plant Closure in Hungary 'Surprised' Government

    • 6 Feb 2023 11:04 AM

    On the heels of the announcement of the planned closure of the Electrolux plant in Nyíregyháza, in eastern Hungary, the government and company management must do their utmost to help workers into new jobs, Sándor Czomba, the state secretary for employment policy of the Ministry of Economic Development, said after visiting the factory.

    More >>