The Hungarian subsidiary of Austrian LLI Euromills GmbH, PannonMill, inaugurated its HUF4bn (EUR 14.9mn) flour mill in Tiszapalkonya, northeastern Hungary, MTI news agency reported. The new facility is the company's third in the country. It will process 300 tonnes a day and 70,000 tonnes a year, thus expanding PannonMill capacity to 220,000 tonnes annually, securing about 20% domestic market share. |
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