Railway vehicle manufacturer Knorr-Bremse will build a new factory in Budapest from a €43 million investment, creating an additional 800 jobs, chairman Raimund Klinkner announced on Friday. The company will manufacture braking systems at the new plant. The company expects... [read complete entry]
In one of his last official acts before stepping down last week as Minister of Economy and Transport, János Kóka handed out awards to some of Hungary's most important foreign direct investors. According to Gazdasági Rádió, the top honors went... [read complete entry]