Related articles

• Region

  EIB lends EUR 100 mln to support Serbian motorway project

  

  Serbia has signed a EUR 100 million loan deal with the European Investment Bank (EIB),the lending arm of the European Union, to finance the construction of the Niš-Merdare motorway in Serbia, the bank said.

   Tue, Sept. 17, 2019, 07:51

  • EIB
  • motorway
  • support
  • Serbia
  • Kosovo
  • EU
  • WBIF
  • Western Balkans
• Business

  Budapest Airport denies operating license under discussion

  

  Budapest Airport is in talks with the government but only about future developments and not about the operating license of Ferenc Liszt International Airport, state news wire MTI reported, citing business daily Világgazdaság.

   Mon, Aug. 12, 2019, 13:30

  • Budapest Airport
  • license
  • government
  • agreement
  • Palkovics
• Economy

  Motorway PPP deals cause state to bleed billions yearly

  

  Hungary will sacrifice about 7% of its current GDP, or approximately HUF 2.853 trillion until 2040, due to the decision to construct motorways M5 and M6 within the framework of public-private partnership (PPP) deals instead of taking out loans, news portal index.hu reports, citing economic news site G7.hu.

   Tue, July 23, 2019, 15:00

  • PPP
  • motorway
  • construction
  • contract
  • losses
  • M5
  • M6
  • GDP
• Politics

  Parliament approves new U.S.-Hungary defense agreement

  

  Parliament has given final approval to the new Defense Cooperation Agreement between Hungary and the United States. The House also approved legislation allowing the stationing of U.S. troops in Hungary, a condition for the cooperation.

   Tue, July 2, 2019, 14:30

  • U.S.
  • Hungary
  • ambassador
  • defense
  • agreement
  • military
  • troops
  • NATO
  • Cornstein
  • Szijjártó
• News

  CEU, TUM sign cooperation agreement

  

  The Technical University of Munich (TUM) and the Central European University (CEU) have signed a cooperation agreement in a bid to resolve the impasse over CEUʼs future operations in the Hungarian capital, according to a press release sent to the Budapest Business Journal.

   Wed, May 8, 2019, 09:30

  • CEU
  • TUM
  • university
  • education
  • agreement
  • cooperation
  • degree
  • Ignatieff
• Finance

  OTP to acquire SocGen Slovenian unit

  

  OTP Bank on Friday said it signed an agreement to acquire a 99.73% stake in SKB Banka, the Slovenian subsidiary of Franceʼs Société Générale Group and other local units held by SKB Banka, state news wire MTI reports.

   Fri, May 3, 2019, 10:00

  • OTP
  • SocGen
  • Slovenia
  • SKB Banka
  • agreement
  • unit
  • banking
  • finance
• Business

  Śnieżka acquires 80% of Poli-Farbe

  

  Polish paint maker FFiL Śnieżka has agreed to acquire an 80% stake in Hungarian peer Poli-Farbe within the framework of a cooperation agreement, Poli-Farbe said on Tuesday, as reported by Hungarian news agency MTI.

   Tue, Feb. 12, 2019, 10:30

  • Śnieżka
  • Poli-Farbe
  • paint
  • Poland
  • cooperation
  • agreement
• Business

  Strike ends as Audi management, union reach wage deal

  

  Management of the local unit of German carmaker Audi reached an agreement on this yearʼs wages with the Audi Hungaria Independent Trade Union (AHFSZ) on Wednesday afternoon, according to local news reports. The deal brings to an end a nearly week-long strike over pay at Audiʼs base in Győr (NW Hungary).   

   Thu, Jan. 31, 2019, 09:15

  • Audi
  • strike
  • shutdown
  • union
  • wages
  • agreement
  • Győr
• Business

  MOL signs cooperation agreement with BME

  

  The Budapest University of Technology and Economics (BME) and Hungarian oil and gas giant MOL concluded a strategic agreement on cooperation on January 10, opening the way to innovative research and a constant supply of professionals, according to a press release sent to the Budapest Business Journal.

   Fri, Jan. 11, 2019, 11:55

  • MOL
  • BME
  • cooperation
  • agreement
  • research
  • oil
• Business

  Tungsram signs strategic partnership agreement with govʼt

  

  Tungsram Group signed a strategic agreement with the government Monday at the companyʼs Újpest headquarters, with Jörg Bauer representing Tungsram and Minister of Foreign Affairs and Trade Péter Szijjártó representing the government.

   Tue, Jan. 8, 2019, 09:30

  • Tungsram
  • Szijjártó
  • Bauer
  • innovation
  • agreement
  • lighting