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Special Focus: Hungarian Economy |
Hungarian economy was characterised by a rather strong and viable performance during the last years. From the second half of the 1990s to 2006 Hungary achieved rapid economic growth and its Gross Domestic Product (GDP) was above 4%. Additionally, the ample economic performance of the country was reinforced by the rapid integration into the European markets. It is indicative that the stock of foreign direct investments was almost EUR 59 billion during these years. This fact, associated with the modern export capacities, played a significant role in the positive shift of the national economic structure. Thus, the economic overall performance of Hungary dramatically altered after 2006 and was further deteriorated after 2008 when the country was hit by the global financial crisis.
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Produktum Kft
Produktum Kft is a Hungarian company that designs and produces tools and metal structures for the aviation and related industry. Produktum designs and produce light structures mainly made of aluminium and steel. Its products include welded aluminium structures; maintenance stands statically designed structures: stands, steps, frames, installation. The company’s products are used for aviation and vehicle industries, as well as for railway, bus, automotive and logistics companies. The latest development of the company is a compressor washing rig for V2500 and CFM 56 airplane engines.
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Interview with Mr. Ferenc Szarvas, Mechanical Engineer of Produktum kft.
"Our productions are very simple, reliable, workers like them because it is very easy to work with them. We are very flexible, and we offer our customers good quality at reasonable prices," said Mr. Ferenc Szarvas, Mechanical Engineer of Produktum kft. in an exclusive interview given to Epicos.
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Epicos "Project Opportunities"
Epicos "Project Opportunities" provides a unique set
of online tools enabling the structure, identification and implementation
of comprehensive Offsets programs, through a searchable database.
By introducing different offset projects and ideas proposed
by local A&D industry it ensures the optimum cost for Prime
Contractors and reassures that the priorities of local industry
are fully met...
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Non-destructive Testing (NDT) apparatuses calibration services for the aerospace and defense industry
A company specializing on the sales and servicing of non-destructive testing apparatuses, running a NAT-accredited MSZ EN ISO/IEC 17025:2005 calibrating laboratory is proposing - in the frame of an offset program- the collaboration with a prime contractor or a third party company active within the NDT market, in order to provide its services as a certified NDT apparatus calibration center for Eastern Europe.
For Further Information Contact our ICO Department
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Development of SHORAD system radar (sub)components
A company specializing in the repairing and technical inspection of fire control systems, radars, electronic and mechanical units of different missiles, the designing and manufacturing of mechanical, electronic units, hardware and software of military implements and security engineering systems is proposing, in the frame of an offset program, the collaboration with a prime contractor or a third party company specializing in 3D Radar Development, in order to receive technology on the development of radar system components to be used in medium- and Short Range Air Defense (SHORAD) missile systems.
For Further Information Contact our ICO Department
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Epicos- Amazon
Hungary: An Economy in Transition, Istvan Szekely, David M. G. Newbery
Hungary was through a very challenging situation during its economic and political transformation. This book is trying to delineate the local arguments and perceptions informing the current debate, and critical examination of these ideas by an international panel of scholars. Therefore, it gives an original insight for the interested reader Chapters address the privatization program; reform of financial, tax and legal systems; integration into the international financial and monetary systems; labor markets, unemployment and the social safety net; and the political economy of the current economic transformation. This book must be regarded as a must read for scholars studying the economics of transition.
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The Impact of FDI in Transition Economies: The Experience of Hungary and Albania, and Lessons for Kosova, Nazmi ZEQIRI
Today, one of the most important economical issues is Foreign Direct Investment (FDI). The importance of FDI is even higher for transition countries where domestic capital is incapable of meeting the huge investment needs of the economy in the transformation process from planned to market economy. In the twentieth century international capital flows have taken over the lead from foreign trade, becoming the main power beyond of the world economy. In this context Foreign Direct Investment (FDI) played a crucial role. This book is trying to explore the impact that FDI had in Hungary and Albania.
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| Epicos Industry Development |
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Contact the Editor:
Vasileios Kyriazis
e-mail: v-kyriazis@epicos.com
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Contact Epicos sales Department:
Michael Karakatsanis
e-mail: m-kay@epicos.com
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| EPICOS
NEWSROOM |
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Russia to test new model of Kalashnikov assault rifle in 2011
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State tests of the new model of Kalashnikov automatic rifles will be held in Russia next year, Izhmash Director General Vladimir Grodetsky said on Tuesday.
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First US Patriot missile battery in Poland
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A battery of US surface-to-air Patriot-type missiles arrived Sunday at a Polish military base, the first such deployment on Polish soil, the US embassy in Warsaw said Monday.
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Saab develops future avionics system for Gripen |
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Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) to develop an avionics system for the Swedish Armed Forces' Gripen aircraft.
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Russian finance minister says confident in euro's future
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Russian Finance Minister Alexei Kudrin said on Tuesday he is confident in the future of the struggling euro and the current crisis will strengthen EU integration.
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U.S. Air Force Awards Raytheon $97 Million for More Miniature Air Launched Decoys
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The U.S. Air Force awarded Raytheon Company (NYSE: RTN) $96.7 million for a third production lot of the Miniature Air Launched Decoy.
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