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Xellia inaugurates USD 13 mln expansion in Budapest

Denmarkʼs Xellia Pharmaceuticals inaugurated a USD 13 million expansion at its base in Budapest on Tuesday, state news wire MTI reported. Xellia added microbiology and chemical analytical laboratories, a product…

Hungarian Electric Planes getting built in Pécs

Magnus’ Fusion 212 type ultra light airplane is currently produced in Kecskemét. Now they intend to extend their manufacture to Pécs, where they are planning to produce the first electric…

Hungary joins Asian Infrastructure Investment Bank (AIIB)

Hungary has joined the Asian Infrastructure Investment Bank (AIIB) as the documentation process had been finalized and the initial capital instalment had been transferred to the institution, Minister for National…

Hungary beats even superpowers in WEF energy index

Hungary is ranked 21st on the World Economic Forum’s global Energy Architecture Performance Index (EAPI) 2017. With a score of 0.71, Hungary finished before developed countries such as the Netherlands…
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