AGP Executive Report
Last update: 7 hours agoEconomic Growth: Hungary’s GDP grew 1.5% year on year in Q3, though it barely expanded from the previous quarter. Food & Beverage: Coca-Cola HBC Hungary announced a record €95 million investment in its Dunaharaszti bottling plant. Retail: Tesco plans to sell its Czech and Slovak businesses and says it will review options for its Hungarian operation. Energy: Hungary and the US signed an agreement to expand American oil and gas supplies in Central Europe; Hungary also plans grants and loans covering up to 95% of home solar and heat-pump upgrades. Air Travel: Ryanair is adding a 12th aircraft at Budapest Airport and launching eight winter routes.
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