ADVERTISEMENT

WING creates new production hall for GE

Recycling

Property developer WING reported the completion of its new 11,000sqm, HUF 4.5 bln production hall for General Electric at its East Gate Business Park in Fót, near Budapest.

GE now leases 17,500 sqms, and it created more than 100 new jobs at the industrial park, WING reported.

The eight-month-long construction of the unit was supported with EU funding of HUF 272 mln and financed by Unicredit Bank. GE is planning to make central control units for power plants at the site.

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.