Austrian company Cargo Partner will build a new logistics centre in Prague, worth more than €9.5m. The centre will be built in the second half of this year and is expected to be situated near Prague’s Ruzyne Airport. The company increased revenue in the Czech Republic by 89% last year to €19.4m and is currently completing a logistics centre in Bratislava, costing over €6m.

Missouri-based carbon fibre manufacturer Zoltek has completed the first phase of its €72m investment in expanding its factory in Nyergesujfalu, north of Budapest. The additional production space will boost the company’s capacity in Hungary by 50%.

Austrian S&T System Integration & Technology Distribution AG is opening a new subsidiary in Romania. The new centre should reinforce S&T’s strong position in the software solutions markets in Central and Eastern Europe.