Three is not the magic number any longer, as several think-tanks have recently projected that the country’s GDP growth will be below 3% next year. The extent of the slowdown varies from research institute to research institute.
Workers chat in the new ‘Technical Design Studio’ in the Hungarian unit of communications services and solutions provider BT, which was opened on September 29, according to a statement from the company.
Although experts say the project could create a huge financial burden for the state, the government is pushing ahead with its proposal to build two new blocks at the nuclear power plant in Paks. But it will have to get the plan approved by the EC.
Already involved in a broad range of energy undertakings in Hungary, the multinational expects its acquisition of Alstom to boost its importance in the sector locally. The firm’s president in Hungary and the CEO for CEE explain more.
CAFe Budapest awaits enthusiasts of contemporary art for a two-week long event series in the heart of Hungary’s capital, featuring contemporary artists from the world. The Budapest Business Journal interviewed Teodóra Bán, member of Executive Board of CAFe Budapest Contemporary Art Festival.
The three letters “LNG” stand for liquefied natural gas that is produced in a very simple approach by cooling the exploited natural gas in special LNG plants. The advantage of this technology the “green” qualities as fuel on the one hand, and the simplified transportation of the gas through the main waterways around the World on the other.
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