Investment volume in Hungary slipped 1.3% year-on-year in the fourth quarter, data released by the Central Statistical Office (KSH) on Monday show. Adjusted for seasonal effects, investment volume dropped 1.7%. Investment volume in the manufacturing and public administration sectors contributed the most to the headline decline, KSH said. The fall was mitigated by rising investment […]
The Budapest Stock Exchange's leading share index closed with losses for the second week in a row. Among the leading shares, only OTP managed to strengthen. The Budapest Stock Exchange (BSE) share index fell amid declining turnover during the week, with the BUX closing at 125,733.91 points on Friday, down 0.97%, or 1,230.11 points, from […]
In line with the company's extraordinary announcement on February 2, 2026, Graphisoft Park SE achieved EUR 8.31 million from normal business operations, which, combined with an additional EUR 12.17 million in one-off extraordinary results, resulted in a total pro forma net profit of EUR 20.48 million, the executive summary of the company's annual reports says. […]
Appeninn Asset Management Holding Plc. has informed investrors on the website of the Budapest Stock Exchange that, pursuant to the real estate sale and purchase agreement signed this Friday, it has acquired – indirectly through its wholly owned subsidiary Appeninn Project-TRNW sp. z o.o. – the exclusive ownership of the Goodyear logistics center located in […]
The campaign period for Hungary's April 12 parliamentary elections officially began this Saturday, the National Election Office (NVI) announced. The campaign runs from 50 days before the vote until polling stations close on election day. The NVI noted that any means capable of influencing voter intent - including posters, direct canvassing by candidates or parties, […]
Through significant investments, the Hungarian-owned poultry company strengthens its market position, the Hungarian Investment Promotion Agency (HIPA) reports. The Bárány family has been involved in poultry farming for over 100 years, spanning four generations, making it Hungary's oldest poultry farming dynasty. Master Good Ltd., fully Hungarian-owned, was founded over 30 years ago with five employees. […]
Energotest Diagnostics and Automatization Ltd. will develop a vehicle diagnostic software based on AI and blockchain-based data management with a HUF 248.5 million European union grant, the company said on Friday. The software will revolutionise the visual, preventive inspection of lighting elements, chassis, steering, exhaust systems, tires and other suspension elements by integrating IoT devices […]
Hungarian maintenance, repair and overhaul (MRO) company Aero Space Power will invest HUF 2 billion at its base in Kisvárda (NE Hungary) to build a new production hall in order to expand its portfolio. Aero Space Power is a rapidly growing company with a primary focus on providing MRO solutions to the aviation and power […]
The foundation stone of Ferenc Liszt International Airport’s new terminal has been laid in Budapest during a ceremony attended by Hungarian Prime Minister Viktor Orbán, Minister for National Economy Márton Nagy, the President of VINCI Concessions and VINCI Airports, Nicolas Notebaert and the CEO of Budapest Airport, François Berisot. According to a statetment by the […]
After-tax profit of K+H Bank, the local unit of Belgium's KBC, edged up 2% to HUF 132 billion in 2025, the lender said in an annual report. K+H Bank paid HUF 100 billion on the bank levy and windfall profit tax. Lending stock rose 10% to HUF 3,386 billion. Outlays reached HUF 823 billion. The […]
Units of 4iG, which owns the One telecommunications brand, and e& PPF Telecom Group, which operates the Yettel brand, have signed a non-binding term sheet on a network-sharing partnership, 4iG said in a statement. According to the term sheet, 4iG would acquire an indirect stake of up to 49% in Yettel tower business CETIN Hungary, […]
Earlier this week, the Hungarian oil and gas company Mol requested the Ministry of Energy to open the country's strategic oil reserves for the lack of shipments of crude oil from Russia via a pipeline through Ukraine since the end of last month. Ukraine says the supply was interrupted for technical reasons: one of the […]
The heads of the National Election Office (NVI) and the National Election Commission (NVB) held a briefing on Thursday for ambassadors accredited to Hungary about the parliamentary election to be held on April 12. Róbert Sasvári, President of the National Election Commission and Attila Nagy, President of the National Election Office welcomed diplomats this Thursday […]
Supermarket chain Auchan plans to start opening smaller shops in Hungary from 2027 with the aim of tripling sales by 2032, Auchan Hungary said on Thursday. Auchan Hungary will finance the new shops, with areas of between 70 and 150 square meters, with its own resources and in a franchise construction. Auchan Hungary will also […]
Waberer's will make 925 replacements in its international fleet of lorries in 2026, the Hungarian haulier said on Thursday. The upgrades, which will lower the average age of lorries in the fleet from three to two years, are taking place in the framework of a EUR 57m programme. Waberer's will also invest around EUR 6m […]
