The Hungarian unit of Spains tin-can manufacturer Mivisa plans to expand its activity in the country by building a second factory near the northern city of Tatabanya, portfolio.hu reported. The plant, which will be constructed in the industrial park of the city, will cover an area of 20,000 sq m and will start operating in January 2012. The daily capacity of the new facility will reach a million cans. The project will create 40 jobs. Mivisia Hungary already operates a factory in Debrecen, in eastern Hungary. |
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