MOL Plc. has announced on the website of the Budapest Stock Exchange this Wednesday, it entered into a sales and purchase agreement with Optimum Vogt Ltd., a subsidiary of Ib vogt Gmbh, to acquire 100% of Naperőmű Farm Ltd. The sole activity of Naperőmű Farm Kft is to oversee the construction of a 66 MWp […]

Shopper Park Plus Plc. is hereby making a public announcement relating to the acquisition of a Tesco-anchored Slovakian portfolio and the signing of financing documentation required to the implementation of the transaction, the company has announced on the website of the Budapest Stock Exchange. SPP says it has previously published information on the transaction, its […]

The Eventrend Group, a Hungarian group of companies, has recorded the highest revenues in its history and is a dominant player in the Hungarian catering and event management market. With 1,100 employees, more than 30 projects and the operation of world-renowned and renowned catering venues, the company's year-end report shows that it is the largest […]

The facilities management company B+N Referencia Plc. has announced on the website of the Budapest Stock Exchange signed an agreement to acquire KÖBERL Group. B+N has thus acquired a qualified majority stake in one of Germany's leading providers of facility management and building services. With nearly 28,000 employees in eight countries, B+N Referencia Plc. is […]

A third of grandparents have been forced to cut back on gift giving due to the need to save, while four in ten can only afford to save money for presents during the year, according to Provident's research into the Advent period. According to the responses, the relative majority of respondents can spend between HUF […]

The Matild Palace, a Luxury Collection Hotel, Budapest offers a range of special experiences to give to 2024. The hotel's elegant spaces and stunning venues offer everything you need to welcome the New Year in style, the hotel says in a press release. At the Spago Budapest restaurant signed by Wolfgang Puck, every detail of […]

Szeged's "lungs", the city's largest park, is being enriched with new trees, thanks to the support of Provident Financial Ltd. The financial service provider says in a statement that it attaches great importance to supporting the social environment in which it operates in a variety of ways, and its ProviGreen program fits in well with […]

Feintool, a Swiss-owned leader in precision electrical steel and formed steel components manufacturing, is investing EUR 34.1 million to expand its Tokod facility in Hungary’s Esztergom district. The project will add 6,740 square meters to the existing plant, with the new production unit is scheduled to start production by late 2025, the Hungarian Investment Promotion […]

MVM Energy Private Limited Liability Company has informed the market participants on the website of the Budapest Stock Exchange about an agreement on the takeover of E.ON’s Romania unit. The announcement states that E.ON Group and MVM Group have reached an agreement on the sale of E.ON’s retail and customer solutions business in Romania. Under […]

The announcement on the appointment of Csaba Belovai by the Hungarian liquor producer was made on the website of the Budapest Stock Exchange in compliance with its obligation to provide notification of extraordinary events as set out in EU and Hungarian regulations. The Board of Directors of the Company by its resolutions dated December 16, […]

RaktárAD, a logistics developer with a Belgian-Hungarian ownership background, has opened a new chapter in the Hungarian industrial real estate market for SMEs. There was already significant interest in the modern and customizable warehouses, which are typical of industrial condominiums, even at the start of construction, the company says in a press release. RaktárAD's portfolio […]

Gedeon Richter Plc. has announced on the website of the Budapest Stock Exchange that on December 16, 2024 – according to its program related to employee share bonuses – 206,546 treasury shares were granted to 4,974 employees. Until January 1, 2027 the shares will be held in deposit on the employee’s securities accounts kept by […]

Peter Roebben, the current CEO of KBC Group's Bulgarian unit, will take over from Guy Libot as CEO of K&H Bank in Hungary on January 1, pending approval by the competent authorities, K&H Bank has told MTI. According to the statement, Peter Roebben started his career at KBC in 1991. Within the group, he has […]

The European arm of Airports Council International (ACI Europe) ranked Ferenc Liszt International Airport as the fastest growing European airport in October in terms of passenger traffic, the airport’s operator, Budapest Airport, powered by VINCI Airports, says in a statement. Passenger numbers in the first ten months of the year at the Hungarian capital’s Ferenc […]

The beginning of 2024 saw a slight recovery in the Budapest city center real estate market, which was, in fact, fueled by the traditional boom at the end of 2023. According to Ben-Ezra Orran, an expert at Central Home, demand has gradually increased compared to previous years, especially for newer two-room apartments. Prices on the […]