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Rheinmetall Lays Cornerstone of Another Plant in Hungary

German defense industry company Rheinmetall laid the cornerstone of a EUR 63 million plant that will produce components for electric and hydrogen-powered vehicles in Szeged on Tuesday, according to a report by state news wire MTI. ....

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Winner of Expat CEO in Hungary for 2024 Announced

Chresten Bruun, general manager & senior vice president, EMEA Manufacturing in the Lego Group, won the Expat CEO of the Year title at the Budapest Business Jour ....

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Chresten Bruun Wins Expat CEO of the Year Award 2024

Chresten Bruun, general manager & senior vice president, EMEA Manufacturing in the Lego Group, won the Expat CEO of the Year title at the Budapest Business Journal’s annual awards gala, which was held for the 10th time on March 23 in the Grand Ballroom of the Corinthia Hotel Budapest. ....

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BYD to Set up Plant in Hungary

China's BYD, the world's biggest electric vehicle maker, will build its first plant in Europe in the Hungarian city of Szeged, Minister of Foreign Affairs and Trade Péter Szijjártó announced on Friday. ....

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Over Half of SSCs Plan to Broaden Service Palette

More than half of shared services centers in Hungary expect to broaden their range of activities and over 80% want to boost their value-added, Hungarian Investment Promotion Agency (Hipa) CEO István Joó said at a conference in Budapest on Thursday, according to a report by state news wire MTI. ....

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