Chinese telecom solutions provider and hardware manufacturer Huawei mulls building a regional production and distribution centre in Hungary, Nepszabadsag reported. The investment will be worth several billion Hungarian forints and is expected to create hundreds of workplaces. Huawei bid in a Magyar Telekom tender for network equipment supply, whose winner will be announced at the end of March. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more