Lufthansa Opens Shenyang–Munich Flight
Lufthansa has formally opened its new route from Shenyang to Munich. There are three weekly flights, on Monday, Wednesday and Saturday, with a stop in Seoul, South Korea. Lufthansa recently added flights to Nanjing to its schedule, and now serves six destinations, including Beijing, Shanghai, Guangzhou and Hong Kong, in the greater China region.
Knorr-Bremse Choose Hungary over China
German-based Knorr-Bremse, a leading manufacturer of braking systems
and a supplier to the Chinese transportation system, has decided to
build a new EUR40m production site in Hungary instead of China, the
Hungarian news site Portfolio reports. Antal Oláh, Managing Director of Knorr
Bremse's Hungarian division, said that Hungary was chosen over a "large
Far East country". Insiders say this must be China as Knorr-Bremse
already has large production capacities in this country. The Hungarian
government will subsidise the project to the tune of EUR1m. The plant
is expected to be completed in 2009.
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