World’s biggest bicycle manufacturer to choose Hungary
Taiwan-based Giant Group is going to establish its second European manufacturing and logistics unit in Gyöngyös. Worth almost EUR 48 million, the investment, which is to be realised in three…
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Startups Discover Value in Relocating to Budapest
Budapest’s significance in business and startup life is growing both at a regional and European level. In Design Terminal’s spring mentor program, three foreign teams – LearnIT, StudyX and FabriXense…
Coca-Cola Hungary expands capacity to produce ‘Smartwater’
Coca-Cola HBC Hungary is investing HUF 1.8 billion in an expansion of its mineral water plant in Zalaszentgrót, in the west of the country, where it will begin production of…
Change in approach improves Hungarian tax collection rate
Tax revenues in Hungary were 5% up year-on-year in 2017, by HUF 609 billion, the National Tax and Customs Administration (NAV) announced. The increase is due to a tendency of…
The Bosch plant in Miskolc is one of the most innovative units of European machine construction
Robert Bosch Power Tool, the biggest Bosch hand tool factory of the world produced its 100 millionth hand tool in Miskolc. From pre-development through the conceptual design to its manufacturing,…
Budapest real estate market continues skyrocketing
As we already reported, real estate prices have been growing in the Hungarian capital for years. According to Duna House, a Hungarian real estate agency, everybody should calculate with more…
