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22 result(s) for last phase in Business

Hungarian Transport Ministry “No Longer Friends” With Siemens As Train Maintenance Breaks Down

Hungarian Transport Ministry “No Longer Friends” With Siemens As Train Maintenance Breaks Down

János Lázár, Minister of Transport announced a railway renewal worth hundreds of billions of forints. However, new Siemens Desiro motor trains continue to rest in a garage. According to the national railway company, their refurbishment is stalled “due to disruptions in the supply of spare parts, which also affect Austria”.
Hungary to Buy Stake in 'One of World's Largest Gas Fields'

Hungary to Buy Stake in 'One of World's Largest Gas Fields'

Hungary and Azerbaijan have signed a “historic agreement” under which Hungary “will buy a stake in one of the world’s largest natural gas fields,” the minister of foreign affairs and trade said in Baku.
Polish Oil Giant Expands with 141 Petrol Stations in Hungary by Spring

Polish Oil Giant Expands with 141 Petrol Stations in Hungary by Spring

Central Europe’s largest multi-energy company, Orlen, will soon operate around 3,500 service stations in seven countries,Világgazdaság reports.
EV R&D Ahead After Hungary’s Automotive Industry Set Record Last Year: HUF 12,000 Billion Sales

EV R&D Ahead After Hungary’s Automotive Industry Set Record Last Year: HUF 12,000 Billion Sales

After securing electric car manufacturing investments in the first phase of the competition for attracting such businesses, now Hungary has a good chance of attracting R and D projects in the sector as well, Péter Szijjártó, the minister of foreign affairs and trade said, announcing an investment by the German-owned Schaeffler Savaria, one of the world’s largest automotive suppliers.
Asset Sale Helps Tesco Avoid Serious Loss in Hungary

Asset Sale Helps Tesco Avoid Serious Loss in Hungary

British-owned retailer Tesco realised Ft 723.3 billion in revenue last year, up 15.8%, as post-tax profit grew from Ft 12.9 billion to Ft 19.6 billion, lifted by the sale of assets, Portfolio writes.
Largest Investment in Hungary this Year Officially Announced

Largest Investment in Hungary this Year Officially Announced

Chinese battery maker Sunwoda will build its first European plant with investment of 580 billion forints (EUR 1.5bn) in Nyíregyháza, eastern Hungary, which will create thousands of jobs, Foreign Minister Péter Szijjártó said.
Budapest Small in the World, Too Big For Hungary, Says Governor of Central Bank

Budapest Small in the World, Too Big For Hungary, Says Governor of Central Bank

György Matolcsy, the governor of Hungary’s central bank, has argued in an op-ed for magyarnemzet.hu that changes are needed to the way the country narrows the gap with more developed countries.
Official: Job Preservation & Restarting Economy A Priority In Hungary

Official: Job Preservation & Restarting Economy A Priority In Hungary

During the novel coronavirus epidemic, preserving jobs and restarting the economy has to take precedence over a “rigid insistence” to keep the budget deficit below 3%, Finance Minister Mihály Varga has told public Kossuth Rádió.
Investments At Record High Last Year Says Hungarian FM

Investments At Record High Last Year Says Hungarian FM

Investments in Hungary hit a record high last year, Foreign Minister Péter Szijjártó said.
Hungarian Transport Ministry “No Longer Friends” With Siemens As Train Maintenance Breaks Down

Hungarian Transport Ministry “No Longer Friends” With Siemens As Train Maintenance Breaks Down

János Lázár, Minister of Transport announced a railway renewal worth hundreds of billions of forints. However, new Siemens Desiro motor trains continue to rest in a garage. According to the national railway company, their refurbishment is stalled “due to disruptions in the supply of spare parts, which also affect Austria”.
Hungary to Buy Stake in 'One of World's Largest Gas Fields'

Hungary to Buy Stake in 'One of World's Largest Gas Fields'

Hungary and Azerbaijan have signed a “historic agreement” under which Hungary “will buy a stake in one of the world’s largest natural gas fields,” the minister of foreign affairs and trade said in Baku.
Polish Oil Giant Expands with 141 Petrol Stations in Hungary by Spring

Polish Oil Giant Expands with 141 Petrol Stations in Hungary by Spring

Central Europe’s largest multi-energy company, Orlen, will soon operate around 3,500 service stations in seven countries,Világgazdaság reports.
EV R&D Ahead After Hungary’s Automotive Industry Set Record Last Year: HUF 12,000 Billion Sales

EV R&D Ahead After Hungary’s Automotive Industry Set Record Last Year: HUF 12,000 Billion Sales

After securing electric car manufacturing investments in the first phase of the competition for attracting such businesses, now Hungary has a good chance of attracting R and D projects in the sector as well, Péter Szijjártó, the minister of foreign affairs and trade said, announcing an investment by the German-owned Schaeffler Savaria, one of the world’s largest automotive suppliers.
Asset Sale Helps Tesco Avoid Serious Loss in Hungary

Asset Sale Helps Tesco Avoid Serious Loss in Hungary

British-owned retailer Tesco realised Ft 723.3 billion in revenue last year, up 15.8%, as post-tax profit grew from Ft 12.9 billion to Ft 19.6 billion, lifted by the sale of assets, Portfolio writes.
Largest Investment in Hungary this Year Officially Announced

Largest Investment in Hungary this Year Officially Announced

Chinese battery maker Sunwoda will build its first European plant with investment of 580 billion forints (EUR 1.5bn) in Nyíregyháza, eastern Hungary, which will create thousands of jobs, Foreign Minister Péter Szijjártó said.
Budapest Small in the World, Too Big For Hungary, Says Governor of Central Bank

Budapest Small in the World, Too Big For Hungary, Says Governor of Central Bank

György Matolcsy, the governor of Hungary’s central bank, has argued in an op-ed for magyarnemzet.hu that changes are needed to the way the country narrows the gap with more developed countries.
Official: Job Preservation & Restarting Economy A Priority In Hungary

Official: Job Preservation & Restarting Economy A Priority In Hungary

During the novel coronavirus epidemic, preserving jobs and restarting the economy has to take precedence over a “rigid insistence” to keep the budget deficit below 3%, Finance Minister Mihály Varga has told public Kossuth Rádió.
Investments At Record High Last Year Says Hungarian FM

Investments At Record High Last Year Says Hungarian FM

Investments in Hungary hit a record high last year, Foreign Minister Péter Szijjártó said.