Körber Hungária Gépgyártó Ltd. (Körber) has made improvements worth more than HUF 3.6 billion at its Pécs plant in 2024, the German-owned company, which manufactures production lines and components, told MTI on Thursday. Körber, formerly Hauni, which used to mainly manufacture and supply parts for tobacco machinery, but now mainly serves the pharmaceutical industry and […]
Over the weekend, the Indotek Group completed the acquisition of Auchan Hungary Ltd. In addition to the 47% stake in the retailer, the real estate investor will also take over the operational management of the Auchan chain of stores, the investor told MTI on Wednesday. Auchan Magyarország Kft. and its domestic interests involved in the […]
According to the latest data from the Road Traffic Register, more than 68,000 purely electric vehicles have already received green plates in Hungary. Compared to the beginning of the decade, this means that almost nine times more of the most environmentally friendly vehicles are on Hungarian roads, the Ministry of Energy (EM) announced on its […]
The Waberer's Group wants to improve the proportion of women working in logistics, particularly in management positions. For the second time, the transport company has therefore announced the Women's Logistics Manager of the Year Award, in partnership with the magazine Navigator World. This year, there was a split first place, with Ágota Balogh, CEO of […]
Budapest Airport (the operator of the Hungarian capital’s Ferenc Liszt International Airport), powered by VINCI Airports, believes that “there is talent in everyone, but it really shines when it finds its place. However, to find the job where one can really soar, we must first get to know ourselves better.” The company’s new employer brand […]
Moody's Ratings has withdrawn its 'Baa3' long-term investment grade rating on the Hungarian oil and gas company Mol. The international credit rating agency stressed in the reasons for the decision announced in London that it had withdrawn the rating of the Hungarian oil and gas group on the basis of its own business considerations. Moody's […]
The volume of Hungarian export decreased by 3.5% and that of import by 0.3% compared to the same period of the previous year. The surplus was EUR 949 million, the balance deteriorated by EUR 470 million year-on-year. Compared to August, the adjusted volume of export increased by 0.9% and that of import by 0.8%, the […]
The Hungarian oil and gas company MOL Plc. has notified the capital markets on the website of the Budapest Stock Exchange that it entered into a sale and purchase agreement with ENEOS Materials Corporation of Japan pursuant to which ENEOS acquires MOL’s 49% stake in ENEOS MOL Synthetic Rubber Ltd. Following the transaction, ENEOS will […]
In the third quarter of 2024, Hungarian service exports calculated in EUR were 4.2% and their imports 1.9% higher than in the same period of the previous year. The surplus was EUR 3.5 billion, EUR 280 million more than in the third quarter of 2023, higher even than the record in the corresponding period of […]
Since spring 2019, Market Építő Plc. and its subsidiaries have completed more than EUR 367 million worth of site preparation and complete infrastructure works on 400 hectares on behalf of the City of Debrecen and the BMW Group. The construction company has informed that it had also completed the full construction of four buildings within […]
Prime Minister Viktor Orbán is poised to announce his choice for the next governor of the Hungarian National Bank (MNB) within days, as the tenure of the current chief, György Matolcsy, draws to a close. The selection process, which will also coincide with a cabinet reshuffle, is being closely watched amid economic turbulence and a […]
Blue Fox The Bar, one of Budapest’s best-known hotel bars, has been given a new look after 11 years of operation on the ground level of Kempinski Hotel Corvinus Budapest. From the overall concept to the most minute detail, the redesign introduces a new look, logo, interior design and updated menus. A statement by Kempinski […]
Raben Group and Sieber Transport AG have announced the signing of the agreement to jointly found Raben Sieber AG on March 1, 2025. The new company will offer a comprehensive groupage transport network in Switzerland and Europe. According to a Raben Group press release, with this partnership, the two companies are setting a strategic milestone […]
Within the framework of the ProviGreen program, a sustainability initiative of Provident Financial Ltd., together with the Municipality of Szekszárd, the employees of the financial service provider plant nearly 400 saplings along two cycle path sections in Tartsay Vilmos Street and Keselyűsi Road in the south-central Hungarian town. "Our city's network of cycle paths is […]
More than 175,000 users have saved nearly HUF half a billion forints at ORLEN petrol stations in Hungary this year as the region's largest oil company gives a HUF 10 discount on every liter of fuel to drivers using its mobile application. A company statement points out that since the launch in of December 21, […]
