During the UAE President's visit to Budapest on 17 July
TPAO to invest more than USD 15 million in Hungary
MoU signed to set up a joint venture, invest USD 600 mn over next decade
Minister of Foreign Affairs and Trade announced the HUF 20 billion investment
4iG will own 51% of the joint venture.
Transaction expected to close in Q4
Joint venture to make explosives, mortar grenades
For service and maintenance work on power plants including Paks
One of the results of today's China-CEEC summit.
Earnings driven higher not only my minimum wage hike, but also by labour shortage.