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Korean firm to build EV battery plant in Komárom

South Koreaʼs SK Innovation has confirmed earlier news that it will build a KRW 840.2 billion (approx. HUF 204 bln) plant making lithium batteries for electric vehicles in Komárom, northwest…

Budapest set to become Chinese cargo hub

Budapest could become a distribution base for air cargo deliveries arriving from China by strengthening the local presence of Chinese logistics company STO Express, Mihály Hardy, communications director of Budapest…

Hungary signs up to Sino-CEE Fund, China-CEE Fund II

Hungary signed an agreement on Tuesday to join the Sino-CEE Fund, the Hungarian Export-Import Bank (Eximbank) told state news wire MTI. The accession agreement was signed by Eximbank CEO Zoltán…

Huawei builds Smart City Nervous System

Huawei has introduced its new Smart City concept, which uses leading ICT technologies, at the Huawei Smart City Summit 2017 in Budapest. The concept connects the digital and physical worlds…

Smart buildings will need smart data protection

Imagine that as you arrive at the office in the morning, your phone connects to the building’s smart network system; it automatically detects that the battery of your electric car…
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