PM meets with senior official of Knorr-Bremse in Budapest

Conferences

Viktor Orbán met with Heinz Hermann Thiele, honorary chairman of the supervisory board of Germany’s Knorr-Bremse AG in the Prime Minister’s office, state news portal kormany.hu reported.

Photo: Balázs Szecsődi/Prime Ministerʼs Press Office

The men discussed the implementation of the self-driving vehicle test track of Zalegerszeg (227 km west of Budapest) at the meeting. Also attending were Minister for Innovation and Technology László Palkovics and István Lepsényi, CEO of Valor Hungariae Zrt. (a state-owned company that aims to promote the market presence of Hungarian innovations in Hungary and abroad).

Phase one of the investment is scheduled to be inaugurated at the end of May. Knorr-Bremse was among the first to join the companies that intend to use the test track.

Other topics of discussion included Knorr-Bremse’s plans to set up an innovation center in Budapest as well as the company’s plans for further investments and developments in Hungary, Orbán’s press chief Bertalan Havasi said. Knorr-Bremse has two production bases in Hungary as well as an R&D center.

ADVERTISEMENT

Reforms to raise productivity would strengthen recovery - OE... Analysis

Reforms to raise productivity would strengthen recovery - OE...

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.