Egis Cooperation Agreement with University Faculty

Egis Pharmaceuticals Plc. and the Faculty of Mechanical Engineering at the Budapest University of Technology and Economics (BME) have signed a cooperation agreement, the pharmaceutical company announced to MTI on Monday.

The aim of the agreement is to support the practical training of students, develop the practical skills required in the labor market, support promising students, and showcase the opportunities offered by the pharmaceutical industry to talented young people with technical qualifications.

They emphasized that, under the cooperation agreement with Egis, the range of opportunities offered by the Department of Building Services Engineering and Mechanical Engineering at the Faculty of Mechanical Engineering of BME will be expanded. In addition, the large company will also contribute to the modernization of the training provided by the department.

In addition to providing students with opportunities for internships and factory visits, the pharmaceutical company’s experts will also provide on-site training to students in a number of areas, ranging from energy to chemical and pharmaceutical technology. Under the agreement, these new opportunities will be available to students starting in the fall semester.

The announcement quoted Csaba Poroszlai, CEO of Egis Pharmaceutical Ltd., who said that Egis Pharmaceutical covers all areas of the pharmaceutical value chain: they develop and manufacture active ingredients and pharmaceutical products and deliver their medicines to patients. “This in itself shows how broad the knowledge of our team of experts needs to be and how diverse our expertise needs to be,” said the CEO of the company.

“This in itself shows how broad a range of expertise and how much diverse knowledge we need,” the company’s CEO said.

Charaf Hassan, Rector of BME, noted in the announcement that it is extremely important for the university that its students come into contact with key players in the industry during their studies.

The cooperation with Egis Pharmaceuticals Plc. not only strengthens their practice-oriented training, but also sets a good example of how close ties can be forged between higher education and industry in order to prepare future professionals for their careers.

Egis Pharmaceuticals Plc. is one of the leading pharmaceutical companies in Hungary and Central and Eastern Europe. Its activities cover all value-creating processes in the pharmaceutical industry, from research and development to the manufacture of active ingredients and finished products, and sales.

August PMI Indicates Slight Contraction

The seasonally adjusted Purchasing Managers’ Index (PMI) for August was 48.9. Compared to previous August values, this year’s value is lower than the long-term monthly average (52.5), but exceeds the average of the previous three years’ monthly values (48.8), according to a statement sent to MTI on Monday by the Hungarian Logistics, Purchasing and Inventory Management Association (MLBKT).

The August 2025 PMI index fell compared to July’s value of 50.5 points. The seasonally adjusted PMI index value measured now is the fourth lowest monthly value.

Most of the sub-indices examined in the survey declined. Four of the individual indices are in the recovery range.

In August, respondents reported a slight decline in manufacturing compared to the previous month. This is the second time in the summer months of 2025 that a slowdown in manufacturing has been observed.

Most of the indices also declined. The new orders index fell by 4.3 percentage points, showing a contraction. Production volume increased, with the index value 0.7 percentage points lower than in the previous month.

The employment index is again below 50.0 points, falling by 2.1 percentage points to 48 points. The delivery time index is again below 50.0, falling by 3.6 percentage points this month.

The index value for purchased stocks fell by 1.0 percentage points but continues to show growth. Among the foreign market indicators, the import index fell by 3.4 percentage points and the export index by 1.1 percentage points.

Purchase prices rose, with the index increasing by 0.1 percentage points compared to the previous month. The purchase volume index rose by 0.4 percentage points, indicating a measured increase in the index. The finished goods inventory index fell by 2.4 percentage points.

Industrial Producer Prices Unchanged

Industrial producer prices were unchanged in July 2025 compared to previous month and 4.5% higher on average than a year earlier, the Central Statistical Office (KSH) reports.

Industrial producer prices were 4.5% higher on average in July 2025 than one year earlier. Domestic output prices were 1.6% and non-domestic ones 5.9% higher than in July in the previous year. Compared to the previous month, domestic output prices were up by 0.4% and non-domestic output prices lessened by 0.1%, so industrial producer prices as a whole were unchanged.

In July 2025 compared to July 2024:
Domestic output prices increased by 1.6% on average, within which they were up by 2.8% in manufacturing, representing a weight of 62.7%, and went down by 0.6% in the energy industry (electricity, gas, steam and air conditioning supply), with a weight of 35.4%. Food industry output prices were up by 6.8%.

Prices in Hungary rose by 0.3% in energy and intermediate producer branches together, by 3.5% in capital goods producer and by 5.4% in consumer goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices were 5.9% higher, within which the prices went up by 3.1% in manufacturing, representing a weight of 91.8%, and by 12.7% in the energy industry, with a weight of 8.0%.

In January–July 2025 compared to January–July 2024:
Domestic output prices were 4.1% and non-domestic output prices 8.4% higher, so industrial producer prices as a whole rose by 7.0%.

Diplomacy & Trade
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.