Page 25 - bne_newspaper_November_09_2018

Weekly Lists
November 9, 2018 www.intellinews.com I Page 25
bne:TMT
Jaguar Land Rover opens engineering centre in Budapest
Jaguar Land Rover is opening a brand-new engineering centre
in Hungary, it was announced on November 2. The news comes a week after the UK automaker officially launched its €1.4bn plant in Nitra, Slovakia with an initial capacity of 150,000 vehicles.
The facility will open early next year and employ 100 Hungarian engineers. Jaguar has similar facilities only in the UK, Ireland, the US, and China.
The government has offered major incentives for global manufac- turers to invest in Hungary. The vehicle sector has been the main target for investors with generous cash subsidies and tax breaks given to investors. BMW's €1bn investment in eastern Hungary will receive a HUF12.3bn (€37.8mn) subsidy.
South Korean company Sejin G & E is set to expand Uzbekistan’s capacity for electricity production by converting landfill methane into electricity at the Ahangaran and Maidontol municipal municipal waste sites in Tashkent region, UzDaily news agency reported on November 7.
The Uzbek government is targeting the generation of approximately 20% of the country's electricity from renewable energy sources by 2032.
Sejin G & E has pledged to attract foreign direct investments in the amount of $55mn into Uzbekistan in 2018-2020, the report noted. The South Korean company will install “12 units of new modern generators and auxiliary equipment”.
Television is the main source of news in Turkey at 48%, followed by social media at 39%, the Reuters Institute for the Study of Journal- ism said on November 8.
Two-thirds of Turkey’s urban population use social media for news, but this is down from the peak of 73% seen in 2016, while the share of digital-facilitated news outlets has remained constant at 7%, ac- cording to the Reuters Institute Digital News Report 2018.
The government essentially controls almost 90% of the mainstream media, with Dogan Media Group having been purchased by a gov- ernment-affiliated conglomerate in April this year.
South Korean Sejin G & E to convert Uzbek landfill gas into electricity
Use of social media for news falling in Turkey