ADVERTISEMENT

Aerzen Hungaria inaugurates HUF 400 mln compressor plant

Telco

German-owned Aerzen Hungária has inaugurated a HUF 400 million compressor plant in Esztergom, near Budapest, managing director András Legányi told MTI on Monday. Moving the design and production of the compressors to Esztergom will create 50 jobs by the end of 2013, Legányi said. Parent company Aerzen is paying for the project by reinvesting locally-generated profits, he added. Aerzen Hungária expects revenue to climb over HUF 2.5 billion this year from more than HUF 1 billion in 2012, boosted by big export orders from Croatia, Poland, Germany and Russia

ADVERTISEMENT

Regional income disparities remain pronounced Analysis

Regional income disparities remain pronounced

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.