The oil and gas company Mol Plc. and the University of Miskolc (ME) in NE Hungary signed a new partnership agreement in the field of research, development and innovation on Tuesday. At a press conference in Miskolc, József Molnár, CEO of the Mol Group, said that the cooperation between the company and the university would […]
Géza Vincze took up the position of Managing Director of Auchan Hungary on March 1. He has almost 30 years of commercial experience at large international chains following different models, the retail chain has announced. During his career, Géza Vincze has held various positions in several international retail and wholesale companies. He started his career […]
Erste Bank Hungary Plc. closed last year with an improved profit profile, mainly due to the growth in the number of active customers and assets under management. Loan and bond volumes rose again in 2024, with new lending in retail loans up one and a half times, while corporate lending was 9% down on a […]
The Hungarian energy services firm ALTEO’s revenue in 2024 increased by 7% compared to the highly successful 2023 financial year, and its EBITDA reached HUF 19.7 billion, slightly higher than a year earlier, the company has announced on the website of the Budapest Stock Exchange (BSE). The results achieved by the company, listed in the Prime […]
In the 4th quarter of 2024, service exports calculated in EUR increased by 0.4%, their imports lessened by 1.6% compared to the same period of the previous year. The surplus amounted to EUR 2.7 billion, exceeding the 4th quarter value of 2023 by EUR 137 million, Hungary's Central Statistical Office (KSH) reported this Monday. In […]
iBanFirst, the leading global provider of foreign exchange and international payments, achieved 137% growth in transaction volumes in Hungary last year, with outgoing payments reaching EUR 1.5 billion, making Hungary the fastest growing market in the Central and Eastern European region, the company told MTI on Friday. iBanFirst received its operating licence from the National […]
