|
|
|
The U.S.-based pharmaceutical company Novavax has finalized the sale of its plant in Bohumil, Central Bohemia, to Denmark’s Novo Nordisk for $200 million. Novavax initially acquired the facility in 2020, and the transaction marks a significant strategic shift for the company.
Strategic Benefits for Novavax
According to a press release from Novavax, the...
|
|
|
|
Two leading digital payment technology providers, Macau Pass Group Holdings Limited of Macau and Hungary’s Cardnet Group, have announced a strategic alliance to launch the innovative Bridge Project. This collaboration aims to connect Asian and European digital payment infrastructures, creating a seamless and secure ecosystem for cross-border transactions.
Launch...
|
|
|
|
China’s leading battery manufacturer, CATL, is on track to commence production at its new battery plant in Debrecen, eastern Hungary, by 2025. Jason Chen, CATL’s General Director for European Operations, announced during a press conference that the project is progressing as planned, with structural work on the production hall completed and installation...
|
|
|
|
Aeroplex has officially inaugurated a cutting-edge component repair facility near Budapest Liszt Ferenc International Airport. The HUF 2 billion investment aims to address the growing demand for aircraft repair services across Europe and strengthen Aeroplex’s position in the aviation maintenance, repair, and overhaul (MRO) sector.
Facility Highlights
The...
|
|
|
|
Scandi Standard, a leading Nordic poultry producer, has finalized the acquisition of a state-of-the-art poultry processing facility in Lithuania. This strategic move is anticipated to enhance the company's annual production capacity by 20,000 to 25,000 metric tons, commencing in 2025. The Lithuanian facility will bolster Scandi Standard's ready-to-cook segment,...
|
|
|
|
NTM recently participated in the POLECO trade fair in Poznań, Poland, alongside our new distributor, SLT Group. This collaboration marks a significant step in expanding our presence in the Polish market. At the event, we showcased our latest waste management solutions, highlighting our commitment to innovation and sustainability. The partnership with SLT Group...
|
|
|
|
A leading Hong Kong-based electronics manufacturer has inaugurated its inaugural Polish production facility, leasing approximately 11,000 square meters in Prologis Park Wrocław V, located in Nowa Wieś Wrocławska within the Kąty Wrocławskie commune near Wrocław. This strategic move aims to enhance the company's European market presence and operational efficiency.
Facility...
|
|
|
|
DS Smith, a global leader in sustainable fiber-based packaging solutions, has unveiled plans for a EUR 34.4 million strategic investment to expand its operations in Hungary. Supported by the Hungarian Investment Promotion Agency, this initiative will enhance the company’s facilities in Füzesabony, Nagykáta, and Győr, with project completion...
|
|
|
|
Taiwan's Minister Lin Chia-lung recently unveiled an exciting collaboration between EVA Air and LOT Polish Airlines, Poland's national carrier, to launch codeshare flight services. The announcement was made during a business luncheon in Warsaw, aimed at deepening ties between Taiwan and Poland.
The agreement will allow EVA Air to offer indirect flights connecting...
|
|
|
|
TeraPlast Group has announced a major expansion with the acquisition of a 70% stake in Optiplast, Croatia's third-largest flexible packaging manufacturer. The acquisition aligns with TeraPlast’s strategic goal to enhance its footprint in the European packaging industry.
Optiplast, known for its extensive expertise and 35 years of experience in the flexible...
|
