Tag Archives: Hungary

BMW to build new car factory in Debrecen, Hungary

Reuters quoted BMW as saying that it is investing EUR 1 billion in a new car factory in Debrecen, Hungary capable of building electric cars. The plant will have a production capacity of 150,000 cars a year and be able to make both electric and combustion engined vehicles. BMW said it will help the carmaker to expand its manufacturing capacity ... Read More »

BMW TO INVEST €1 BILLION IN A NEW CAR FACTORY IN EASTERN HUNGARY

BMW said it is investing 1 billion euros ($1.17 bln) in a new car factory in eastern Hungary, a project that could contribute to the country’s growth and strengthen its position as a centre for premium car manufacturing in the region. BMW. The new plant, to be built near the city of Debrecen about 230 kilometres east of Budapest, will ... Read More »

Hungary Passes regulation that could Block Uber web sites

Hungary exceeded legislation on Monday that can shrink the sports of Uber after months of protests through taxi drivers, following in the footsteps of other international locations that have banned a number of its trip-hailing offerings. beneath the brand new law, the Hungarian national communications authority can block net get entry to to “unlawful dispatcher services”, in a comparable style ... Read More »

Uber Vows to Stay in Hungary Despite Clampdown

Global ride-sharing app Uber vowed Thursday to continue in Hungary despite the government bringing in tough new legislation aimed at cracking down on the service after large taxi driver protests. “Uber is staying in Hungary, stands by its drivers, and will do its best to comply with all regulations, although that takes time,” Zoltan Fekete, Uber’s head in Hungary, told ... Read More »