Environment

Recycling

Poker Jeans to shut down Hungarian plant

Austrian jeans maker Poker Jeans will shut down its plant in Gersekarát, northwest Hungary at the end of the month...

Initiatives

Erste to offer state-subsidized individual retirement accounts

Erste Bank Hungary Rt announced on Tuesday it will start offering state-subsidized individual retirement savings accounts from April 18....

Initiatives

Graphisoft board proposes no dividend on 2005 profits

The board of architecture software developer Graphisoft Rt will propose to an annual shareholders' meeting to convene on April 28...

Recycling

Wuerth’s revenue and profits fall in 2005

Wuerth Kft, the Hungarian unit of German tool maker Wuerth GmbH had revenue of Ft 5.77 billion and pre-tax profit...

Initiatives

Transelektro receives bridging loan

Troubled holding company Ganz Transelektro Rt has received a Ft 3 billion bridging loan, backed by a 75% state guarantee,...

Recycling

Hantech to invest Ft 1 bln in Csorna

Agricultural machinery parts and components manufacturer Hantech Rt will effect a green field investment at the industrial park of Csorna,...

Recycling

Corvinus to invest Ft 640 mln in biotech firm

Corvinus Venture Capital Fund, which is run by the state-owned Hungarian Development Bank Rt (MFB), is to invest Ft 640...

Recycling

Coloplast to invest €100 mln in Hungarian units

Danish medical supplies company Coloplast plans to invest €100 million to expand capacity at its unit in Hungary, business daily...

Recycling

Ferrexpo IT to build Ft 75 bln rolled steel plant

Ukraine's Ferrexpo IT, one of the world's biggest makers of raw materials for steel, plans to build a Ft 75...

Recycling

Wescast expects to break even in 2006

The Hungarian unit of Canadian auto parts company Wescast expects to break even in 2006 for the first time since...

Recycling

First-quarter engine production at Audi plant up 24% yr/yr

German carmaker Audi produced 494,000 engines at its plant in Hungary in the first quarter of 2006, 24% more than...

Recycling

Zoltek plans Ft 20 bln investment at Hungarian unit

US carbon fiber maker Zoltek plans to invest Ft 20 billion at its plant in Nyergesújfalu, north of Budapest, Minister...

Initiatives

Gov’t to grant Ft 5 bln for poultry plants losses

The government will spend Ft 5 billion to help its poultry industry cut losses after bird flu deterred customers, Bloomberg...

Recycling

Ib Andresen opens €15 mln steel processing plant

Family-owned Danish steelmaker Ib Andresen Industri has completed a €15 million processing plant at the port of Gönyü on the...

Pollution

Dongwha Plant’s Environmental Permit Revoked in Hungary

The environmental permit for South Korea’s Dongwha electrolyte manufacturing and NMP recycling plant in Sóskút has been revoked following an...

Environment

Hungary Introduces Water Restrictions in 629 Settlements

In response to the extreme heat and drought in Hungary, first-degree water restrictions have been introduced in 465 settlements, according...

Recycling

Alteo Starts Trial Run at New DRS Waste Processing Plant

Alteo Group will significantly increase its processing capacity for returned beverage packaging from this summer, with the launch of trial...

Environment, Business, Initiatives

BCSDH Breakfast Links Sustainability Award to Promoting Scalable Business Change

The Business Council for Sustainable Development in Hungary used its Sustainable Future Inspiration Breakfast on May 6 to shift the...

Environment

Meet the Hungarian Professor Working to Restore the Danube

Research professor Tibor Erős talks to the BBJ about his career as a biologist and ecologist, detailing his passion for...

Environment

Questions Arise About Toxic Exposure at Samsung Göd, Company Denies Media Reports

In 2023, Hungary’s government secretly ordered the Constitution Protection Office, the National Information Center, and intelligence agencies to investigate the...

Pollution

Air Quality Deteriorating in Several Parts of Hungary

A high concentration of airborne dust particles is further deteriorating air quality in several parts of Hungary, the National Public...

Initiatives

Gov’t Calls Tender to Support Creation of Wetland Habitats

The gov't is calling a HUF 12.8 billion tender to support the development of natural wetland habitats, contributing to long-term...

Dongwha Plant’s Environmental Permit Revoked in Hungary

The environmental permit for South Korea’s Dongwha electrolyte manufacturing and NMP recycling plant in Sóskút has been revoked following an...

CATL Hungary Fined HUF 10 mln Over Environmental Permit Violations

The Debrecen plant of Chinese battery maker CATL violated several provisions of its environmental use permit and was fined HUF...

Hungary Introduces Water Restrictions in 629 Settlements

In response to the extreme heat and drought in Hungary, first-degree water restrictions have been introduced in 465 settlements, according...

Hungary Reviews Battery Plants’ Emissions, Water Use and Waste Management

A nationwide inspection program covering the full operating chain of Hungary’s battery industry began Aug. 1, Minister of the Living...

Alteo Starts Trial Run at New DRS Waste Processing Plant

Alteo Group will significantly increase its processing capacity for returned beverage packaging from this summer, with the launch of trial...

Budapest Water Supply ‘Stable’ Amid Heatwave

The water supply of Budapest is "stable", the city is in a position to help out settlements around the capital...

Budapest Proposes Tiered Water‑fee System to Cut Waste

Budapest is calling for a reform of Hungary’s water-pricing system, proposing free basic household consumption and progressively higher rates for...

Hungarian Environmental Protection Authority Initiates Proceedings Against CATL

The environmental protection authority has initiated proceedings against Chinese-owned CATL as the company illegally discharged green-colored liquid from a sewer...

BCSDH Breakfast Links Sustainability Award to Promoting Scalable Business Change

The Business Council for Sustainable Development in Hungary used its Sustainable Future Inspiration Breakfast on May 6 to shift the...

Meet the Hungarian Professor Working to Restore the Danube

Research professor Tibor Erős talks to the BBJ about his career as a biologist and ecologist, detailing his passion for...

Questions Arise About Toxic Exposure at Samsung Göd, Company Denies Media Reports

In 2023, Hungary’s government secretly ordered the Constitution Protection Office, the National Information Center, and intelligence agencies to investigate the...

Hungary DRS manages More Than 3 bln Returns in 2025

Hungary's deposit-return system (DRS) managed the return of over 3 billion bottles and cans in 2025, Mohu, a unit of...

Air Quality Deteriorating in Several Parts of Hungary

A high concentration of airborne dust particles is further deteriorating air quality in several parts of Hungary, the National Public...

Gov’t Calls Tender to Support Creation of Wetland Habitats

The gov't is calling a HUF 12.8 billion tender to support the development of natural wetland habitats, contributing to long-term...

Mohu’s Recycling Success Met With Bitter Irony by Large Retail Partners

Hungary’s deposit return system (DRS) on beverage packaging is an “internationally recognized” success, according to Mohu, the monopoly operator, but...