Recycling company ReMat is investing HUF 311 million at its base in Tiszaujvaros (NE Hungary), the company told MTI on Tuesday. The biggest part of the investment, at HUF 170 million, is a new regranulator line with annual capacity of 660 tonnes. ReMat won a HUF 155 million grant for the project. ReMat recycles about 1,000 tonnes of plastic waste each month....

Carmaker Opel's production base in Hungary has turned out its five millionth cylinder head, plant spokesperson Edit Légrádi told MTI. The cylinder head will be built into an engine and delivered to Opel's headquarters in Russelsheim, Germany, where it will go into an Opel Insignia, Légrádi said. Production at Opel's cylinder head...

Japan's NSG Group a leading manufacturer of glass and glazing systems and technology is going to invest over € 90 million in a new car window plant in Chmielów Poland. Continuing the implementation of its Strategic Management Plan announced in November 2010, the NSG Group announces plans to expand and upgrade the Group's Pilkington Automotive operations...

Revenue of the Hungarian unit of German car maker Audi rose 23.2% to €4.775 billion in 2010, company managers said at a press conference in Ingolstadt on Tuesday. Pre-tax profit of Audi Hungaria Motor doubled to €580 million. Operating profit reached €550 million. Capital expenditures at the unit were up 32% at €247 million. Audi has invested...

Toray and Dominov Konsumativ have marked the first few successful months of their proactive partnership with the news that a number of printing houses are engaged in advanced discussions on how to adopt waterless printing. The forward-thinking printers are ambitious to embrace new ways of providing high quality print, and, at the same time, grow their market...