Airbus to open Tunisia plant

Analysis

European plane maker Airbus plans to open a parts factory in Tunisia as part of an expanded restructuring plan to be announced to unions on Tuesday, the head of parent EADS was quoted as saying.

The European plane maker will not however add to 10,000 job cuts contained in a previous restructuring plan known as Power8, EADS Chief Executive Louis Gallois told Le Monde in an article released on Tuesday. (Reuters)

ADVERTISEMENT

4iG H1 revenue rose 59% y.o.y. Figures

4iG H1 revenue rose 59% y.o.y.

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.