Investment Hungary Latest Information

Investment Hungary Latest Information

Michelin delays investment in Hungary over uncertain economic environment
French tyre maker Michelin is postponing a planned capacity expansion in Hungary because of the uncertain economic environment, Michelin Hungaria managing director John Young said in Wednesday’s issue of Vilaggazdasag.

Hungary investment property transactions triple in 2011
The value of investment property transactions in Hungary jumped to €620m in 2011 from €180m in 2010, according to an analysis by commercial real estate services company CBRE.

Continental unveilsHUF 1.2bn investment in Hungary
The Hungarian unit of German automotive industry supplier Continental on Friday inaugurated a net HUF 1.2bn investment at its plant in Budapest.

Hungary faces $3.6 billion airport bill over Malev - government
BUDAPEST (Reuters) - Hungary could face a compensation bill for up to 800 billion forints (2.30 billion pounds) from Germany's Hochtief (HOTG.DE), operator of Budapest's international airport, following ...

Hungary’s Malev Seeks Plan to Keep Flying as State Cash Runs Out
Hungarian national airline Malev Zrt., weighed down by debts of 60 billion forint ($268 million), has until the end of the week to submit a survival plan that could include a Chinese takeover, or face being grounded.

Research and Markets: Hungary Diagnostic Imaging Investment Opportunities, Analysis and Forecasts to 2017
Research and Markets has announced the addition of Global Markets Direct's new report "Hungary Diagnostic Ima

IMF Warns Hungary of Potential Debt-Repayment Risk If Euro Crisis Worsens
Hungary may be pressed to meet its debt payments this year if the euro crisis worsens and the economy slips into a recession, the International Monetary Fund said, underscoring the need for a financial safety net.

Goldman, on Both Sides of a Deal, Is Now in Court
Goldman Sachs appears to have done nothing improper in advising Kinder Morgan and the El Paso Corporation in a deal, but it raises questions about how investment banks do business.

Mystery American bets billions on Ireland’s economic turn around
A mystery American who leads an American hedge fund has gambled up to $7.2 billion on Ireland’s economic recovery – with more investment to come. The bet so far has paid off in a major way with Irish bonds rising by 35 percent since June.

Nokia to cut 4,000 jobs in Hungary, Mexico and Finland, assembly to be transferred in Asia
Nokia plans to cut 4,000 jobs in Hungary, Mexico and Finland, with assembly lines to be transferred to Asia, where most of their component suppliers are based; a move by the company that aims to increase its smartphone production efficiency. Nokia logo Image Credit: Nokia As noted by Nokia on its official website on Wednesday, [...]

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