Frasers Group to Acquire Hervis’ Hungary, Romania Operations
Wedoany.com Report-Nov. 29, Frasers Group has signed an agreement to acquire the entire Hervis sport...
Westinghouse to Supply Fuel to Hungary’s Paks Nuclear Plant
Wedoany.com Report-Nov. 11, Hungary's MVM Group and Westinghouse have finalized a $114 million contract for the supply of VVER-440 fuel to the Paks Nuclear Power Plant starting in 2028. This step sup...
Hungary to Start Talks on Buying Nuclear Fuel From United States
Wedoany.com Report-Oct. 23, Hungary is set to begin discussions with the United States to diversify its nuclear fuel supply, Foreign Minister Peter Szijjarto announced during an interview with state n...
BYD Confirms Plans to Start Operations of Hungary Plant by 2025
Wedoany.com Report-Sept. 13, On September 8, BYD and its premium sub-brand DENZA showcased their latest innovations at IAA MOBILITY 2025 in Munich. The company unveiled seven new models, including the...
Shell Agrees 10-Year Gas Supply Deal With Hungary’s MVM CEEnergy
Wedoany.com Report-Sept. 10, Shell (SHEL.L), one of the world’s largest oil and gas companies and the biggest trader of liquefied natural gas (LNG), signed a 10-year natural gas supply agreement wit...
China’s BYD to Start Hungary EV Plant by End-2025, Executive Says
Wedoany.com Report-Sept. 9, China’s BYD (1211.HK), (002594.SZ) announced on Monday that it will begin production at its new electric vehicle plant in Hungary by the end of 2025. The confirmation was...
LDC Acquires Operations in Hungary, Poland From Bunge
Wedoany.com Report-Sept. 4, Louis Dreyfus Co. (LDC) announced on September 1 that it has completed its acquisition of Viterra’s former grains and oilseeds businesses in Hungary and Poland from Bunge Global SA. The transaction followed Bunge’s $8.2 billion merger with Viterra, finalized on July 2. As part of the European Commission’s conditions for approval, Bunge was required to divest all of Viterra’s oilseed operations in Hungary and Poland, along with related logistics assets. Financial details of the deal were not disclosed.
Hungary Looking at Deployment of BWRX-300s
Wedoany.com Report-Aug. 4, Hungarian nuclear energy development firm Hunatom, part of the Paks II Group, has entered into a letter of intent with Poland’s Synthos Green Energy to explore the dev...
MET Opens Hungary’s Largest Battery Facility
Wedoany.com Report-Jun 20, MET Group, based in Switzerland, has launched Hungary’s largest standalone battery energy storage system (BESS) at the Dunamenti Power Station in Százhalombatta...
Hungary’s Solar Capacity Nears 8 GW
Wedoany.com Report-Jun 20, Hungary has reached nearly 8 GW of installed solar capacity, according to Gábor Czepek, Deputy Minister of Energy. In a recent social media update, Czepek stated that...