According to an August bulletin from the Hungarian Investment Promotion
Agency, Continest Technologies has opened a factory producing foldable
containers in Székesfehérvár. These are not cardboard boxes, but modular
buildings of the type that can be used at events (such as the 2019 World
Alpine Skiing Championships) or by military or medical operations. After
launching in 2019, the firm realized nearly €2.3 million in sales in
2020, and anticipates the new factory’s headcount of 40 will increase
over the next three years. Székesfehérvár, an important rail and road
hub in central Hungary, was founded by Grand Prince Géza in 972 and
during the reign of Stephen I became a royal and cultural center. “The
National Memorial Site comprises of the remains of the one-time
coronation basilica built by Saint Stephen the King — Our Blessed Lady
Basilica,” says the city’s tourism site, noting that 36 Hungarian kings
have been crowned between its walls.
This spinout of Baton Rouge–based IT firm General Informatics makes
software and processes to modernize and streamline work performed by
public safety, criminal justice and first responder personnel. According
to the company, the 365Labs team “engineered and built the first
PetaByte-scale private cloud in the region, brought together a
high-performing executive team through three successful acquisitions,
and in 2020 successfully partnered with Rosewood Capital to recapitalize
to start regional expansion.” General Informatics, born in Baton Rouge
in 2001 and now with locations across Louisiana, Mississippi and
Alabama, says the Rosewood investment will enable a next phase of growth
that “includes entering other markets within Alabama, as well as Texas,
Mississippi, and the Florida panhandle.”
For the Remote Work feature posted above, we tried to offer samples of
the best current business intelligence on the topic. But we couldn’t fit
everything. One example: HigherVisibility.com’s Best Places to Remote Work in
America. The organization examined eight factors such as average
broadband speed, number of green spaces, average house rent and house
prices and number of coffee shops to devise these rankings of the Top 20
for cities under 1 million in population, and the Top 10 for cities with
more than 1 million.
Chart data courtesy of HigherVisibility.com
PHOTO OF THE
DAY
Photo courtesy of Destination Canada
Views like this are almost routine in Vancouver. Home to 29 major
terminals, the Port of Vancouver is about the same size as the next five
largest Canadian ports combined. For more on this thriving region and
other economic development leaders in Canada, see the Canada’s Best Locations 2021 feature posted last
week.
