Impexmetal the Polish aluminum producer has just announced investments totaling a Billion Zloty in the restructuring of its aluminum manufacturing business. The president of Impexmetal Piotr Szeliga stated that they looking to build a new rolling factory, We are looking to double the annual production from the current total to over 170 000 tons per year....

The fiat plant in Tychy Poland will soon building a new model the Lancia Ypsilon and Fiat CEO Sergio Marchionne expects this to help increase Fiat sales by 300%. The Silesian plant at Tychy has always been known for its production of the Fiat Panda. Fiat wants to sell over 350 000 Lancia models by 2014 so increasing its presents sales of the Lancia models from...

Hungarian drug maker Gedeon Richter on Tuesday said it entered into a partnership with Japan's Mochida Pharmaceutical on the development and marketing of Richter's biosimilar product portfolio. Under the agreement, Mochida will contribute to the cost of developing Richter's biosimilar products and receive exclusive marketing and distribution rights for the product...

Chinese network and telecommunications equipment giant Huawei is opening an assembly plant and a logistics centre in Hungary after the one year of test period expires in summer 2010. The company has been a supplier for Vodafone and the two are now launching a new mobile internet sharing device on the market. Huawei has been testing its production plants in Pécs...

Talia the Polish subsidiary of Polish Energy Partners(PEP) is due to receive funding of 40 million zł for a wind farm project in Modlikowice it has been reported by the Polish Press Agency. The Polish Economy Ministry signed the agreement on Tuesday to subsidize the Wind Farm project, Talia will have to meet the stringent demands to receive this subsidiary....