BorsodChem Zrt, Hungarian subsidiary of the Chinese Wanhua Industrial Group, is to build a new plant for hydrochloric acid conversion in Kazincbarcika with government support. The investment of EUR 84 million will create at least 70 new jobs, announced Péter Szijjártó, State Secretary of the Ministry of Foreign Affairs and Trade and Jiansheng Ding, chairman and CEO of BorsodChem on Monday in Budapest.
In May 2014, industrial output grew by some 10 percent, while in the initial five months of the year the sector expanded by 9 percent. Output growth, which has been steady for the ninth consecutive month, was also underpinned by the double-digit increase in manufacturing sector output, as ten out of the altogether thirteen sub sectors registered expansion. The firm performance of the Hungarian industrial sector over the past period also proves the success of the active industrial policy pursued in the past years, therefore the Government aims to continue with the re-industrialization of the country.
Similarly to the Hungarian Government, Eagle Ottawa Hungary Ltd believes in the power of achievement and work, and as a result of this approach the company has doubled output and the number of its employees over the past two years, Minister of State for Parliamentary Affairs András Tállai said at the inauguration ceremony of Eagle Ottawa’s new development project in Szolnok.
The Ministry for Human resources donated twelve cars to Budapest street aid organizations on Friday to help social work and the supply of homeless people. Imre Nyitrai, Deputy State Secretary for Social Affairs said that the cars could even save lives.
The Government granted a support of HUF 1.46 billion by individual decision for the construction of the new slaughterhouse of the Bonafarm Group in Mohács, a project with a total budget of HUF 7.3 billion, Péter Szijjártó, State Secretary of the Ministry of Foreign Affairs and Trade told journalists on Friday in Budapest.
The countries of the Visegrad Group are deeply concerned about the military escalation in Israel and in the Gaza Strip. We strongly condemn the indiscriminate rocket attacks on Israel by militant groups from the Gaza Strip.
Tibor Navracsics, Hungary's minister of foreign affairs and trade, opened an honorary consulate in the Croatian city of Dubrovnik on Thursday, the ministry has said. Honorary Consul Katja Bakija will oversee consular services throughout the year.
Minister of National Development Miklós Seszták held talks in Lisbon on Wednesday on energy policy and investments.
Lt.-Gen. Frederick Ben Hodges, Commanding General, NATO Allied Land Command has paid a visit to Hungary.
Busch-Hungária Kft, a leading supplier of high value added nodular cast components for the automotive industry, announced at an event held at the company’s headquarters this Wednesday to initiate a HUF 6.4 billion expansion project in Győr. Subsidized by the Hungarian government with HUF 505 million according to a discretional government decision, the project is going to increase current staffing levels of 250 by 105 additional jobs by the end of 2017.