German automaker Daimler has started production of its Mercedes-Benz A-Class vehicle at the Mercedes-Benz Kecskemét plant in Hungary. This makes the Hungarian plant, about 90 km in the south of Budapest, the second location ...
Tags: Mercedes-Benz, A-Class
Samsung SDI has completed the construction of an electric vehicle (EV) battery plant in Hungary. Samsung SDI President Jun Young-hyun hosted a completion ceremony for the state-of-art electric vehicle (EV) battery plant scheduled to open ...
Tags: Samsung SDI, electric vehicle, battery
Becoming a star means everything to your children. How else are they going to make any money when robots do almost everything else? Moreover, being a star allows you to say anything you want to anyone you want. Just ask Kanye. Apple ...
Tags: Apple, iPhone 7 Plus, video camera
Budapest officially launched its bid to host the 2024 Olympic and Paralympic Games. The announcement comes on the same week Hungary celebrates its part in the founding of the modern Olympics and the first gold medal ever won for the country ...
Tags: Budapest, 2024 Olympic Games
Thanks to tireless promotion by top Chinese leaders, the country's railway industry has seen another year of good harvest in overseas markets in 2015, culminating in the launch of a railway project in Asia and the start of another in Europe ...
The International Telecommunication Union (ITU) Telecom World 2015 opened in Budapest on Monday with keynote addresses by ITU Secretary-General Zhao Houlin and Hungarian Prime Minister Viktor Orban. Zhao underlined that small and ...
Tags: ITU, Telecom World
After eight months of patient, indirect and difficult contact with the Dutch collector, the villagers of Yangchun in south-east China's Fujian province failed to get back the mummy Buddha statue of Patriarch Zhanggong which was stolen in ...
Tags: Buddha Statue, cultural relics
The Buddha statue on display at the Hungarian Natural History Museum in Budapest in March. [Photo/Xinhua] A 1000-year-old Buddha statue with a mummified monk inside, now in possession of Dutch private collector Oscar van Overeem, ...
Tags: mummified monk, statue
Pakistan is set to regain ground in the Asian beverage-grade ethanol market amid recent surge in Brazilian ethanol -- the predominant source of grade B product currently, market sources said Tuesday. With several Pakistani sellers set to ...
Tags: freight rates, Grade B Ethanol, price
Eric Sievers, the CEO of Ethanol Europe, the holding company of ethanol production facility Pannonia, Tuesday urged support for biofuels from non-governmental organizations (NGOs) and from the European Union itself, at an industry event in ...
Tags: Ethanol, Biofuels, renewables
For the second consecutive year Volvo Trucks has received Europe’s prestigious Quality Innovation of the Year Award. Volvo Trucks received the award for its new transmission, I-Shift Dual Clutch, whose main benefit is that it makes ...
Tags: driver, transport company, cargo owner, Transportation
Turkey continues to take steps toward increasing its own security of supply, as energy use is expected to double by 2023, triggering a requirement for around 100 GW of capacity, although market participants said the current "crisis" in the ...
Tags: Gas Market, Gas plant
French dairy major Danone is planning to shut down three of its plants in Europe, a move which will eliminate 325 jobs. The decision comes amid declining fresh dairy sales in the continent. Although, European sales volumes are now ...
Tags: Dairy Plants, Danone
Judit Eszter Karpati, a Budapest-based textile designer, has recently created a unique colour changing fabric that can blend itself with the colour of the background, just like a chameleon.“Made in USA” products is becoming an ...
Tags: Budapest Textile, Chameleon Fabric
Groupe Michelin has begun steps to close its truck tire plant in Budapest, Hungary. According to Michelin, the closing is necessary "in response to the adverse trends and aggressive competition in the European truck tire market, which ...
Tags: Michelin, Truck Tire