ADVERTISEMENT

Siemens marks 130 years in Hungary

Conferences

Photo: Ministry for National Economy

German engineering giant Siemens marked the 130th anniversary of its entry onto the Hungarian market at an event in Budapest on Wednesday, national news agency MTI reported.

Dale A. Martin (left) and Minister for National Economy Mihály Varga pictured in an earlier file photo (photo: Ministry for National Economy).

Dale A. Martin, who heads Siemensʼ local unit, and is also president of the German-Hungarian Chamber of Industry and Commerce (DUIHK), said the company has positively impacted the development of Hungaryʼs economy and society, and would continue to do so in the future.

Martin noted that Siemens employs some 3,500 people in Hungary, working in energy production, energy distribution, industrial automization, building technology, transport and infrastructure, healthcare and software development.

Minister for National Economy Mihály Varga said that, for Hungarians, the Siemens name means high quality, dependability and the newest technical solutions.

ADVERTISEMENT

Czech economic confidence weakens in November Analysis

Czech economic confidence weakens in November

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens 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.