Hanon expands manufacturing capability in Hungary

Hanon Units has announced two web page inaugurations in Hungary – a new greenfield manufacturing facility in Pécs and a setting up enlargement in Rétság. Found in Baranya county, the new manufacturing facility in Pécs increases manufacturing capability for fluid transport products and solutions and strengthens the company’s manufacturing footprint […]

Magna Veoneer takeover a step closer

Magna Intercontinental and Veoneer announced the expiration of the ready time period below the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or HSR Act, in link with the previously announced acquisition of Veoneer by Magna. Beneath the settlement announced on 22 July, 2021, Magna will get all of the issued and […]