News bites

-US pharmaceutical company Amri has a new R&D center in Budapest

-Poland’s Central Bank will cut its key interest rate 25 bps to 3.5 percent, a 250 bps drop since November 2008. GDP forecasts for 2009 remain at or around 0 percent

-Budapest will renovate the Margaret Bridge after all, despite the HUF 22bn price tag being at least HUF 7bn more expensive than previously budgeted

-In July, Kia Motors will return to its standard 2 x 8 hour shift schedule at its plant in Žilina, responding to what it calls higher demand in some European countries


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s