ISD Dunaferr Zrt. announces layoffs affecting 350 employees
The company said the downsizing, affecting 350 employees, is necessitated by difficult economic conditions in the steel industry.
2019.11.02 10:39
SBS builds assembly plant in Heves County
SBS Kft., a manufacturer of metal structures for heavy-duty machinery and railway trains and special-purpose welded steel structures, is building a new assembly plant in Erdőtelek, Heves County, with an investment worth over HUF 2 billion.
2019.10.12 10:50
Hungarian gov’t buys 20 percent share in Ózd Steel Works
The Hungarian government has purchased a 20 percent share in Ózd Steel Works from current owner Germany-based Max Aicher Group for €30 million.
2019.02.02 10:59
Szekszárd-based Ferropatent builds new production hall with HUF 2 bln investment
Ferropatent Zrt., a Szekszárd-based company engaged in steel trade and processing, has inaugurated a new production hall built with an investment totalling HUF 2 billion.
2018.10.04 19:16
Gémtech buys CNC machinery with HUF 1bln investment
Napkor-based steel structures manufacturer Gémtech Gépészeti Mérnöki Technológia has launched a nearly HUF 1 billion capacity expansion.
2018.09.13 19:48
Caadex invests in new machinery at Mindszentgodisa plant
Caadex Kft., a company engaged in the manufacturing of steel structures and metalworking, has invested HUF 750 million in expanding production capacities at its Mindszentgodisa site, supported with a 50 percent investment subsidy from European Union funds.
2018.07.02 08:35
Szekszárd-based Ferropatent buys new CNC machinery with EDIOP support
Steel processer Ferropatent Zrt. is expanding its production capacities and one of its production units with a HUF 800 million investment.
2018.05.24 23:24
Kiskunfélegyháza-based Torus invests in hydraulic pulling press and furnace
Torus Acéltermékgyártó Kft. manufactures 60,000 different products annually using 12,000 tonnes of sheet metal. The company has invested HUF 550 million in the development of its main activity, the production of tank bottoms.
2018.03.01 17:10
Steel production to return to Diósgyőr
Steel manufacturing to return to Diósgyőr: a small steel works and a rolling mill will start production at Diósgyőr Industrial Park in Q2 2016.
2015.12.03 18:23
Dunaferr chief-executve warns of further cost-cutting measures
The announcement came from Evgeny Tankhilevich, the CEO of Hungary-based steel manufacturer ISD-Dunaferr, on Wednesday at a press conference in Budapest.
2015.11.26 23:52
Dunaferr to lay off 100 people
The second phase of lay-offs has begun at Dunaferr after the management had submitted the lists of employees to be dismissed to the central workers´ council.
2014.01.30 13:51
Ib Andresen: the largest independent steel service center in Hungary
We paid a visit to the only non-Scandinavian steel service center of Ib Andresen Industri at Gönyű Business Park, where we were shown around by the company´s COO.
2014.01.29 14:37
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