BYD, the Chinese manufacturer of all-electric cars categorized under the collective name New Energy Vehicles (NEV), is expanding its Hungarian sales and service network with three new dealerships, company announced in a statement sent to MTI. At the official signing ceremony in Budapest, Michael Shu, Managing Director of BYD Europe, signed an agreement with three […]
Hungary is setting the stage for a leadership change at the helm of its central bank, as Finance Minister Mihály Varga prepares to step into the role of governor for the National Bank of Hungary. At his parliamentary confirmation hearing, Varga struck a reassuring tone, emphasizing his commitment to the central bank’s independence and the […]
Preparations for the construction of the new terminal have started this year. “Based on the results so far, we can already see that we will handle a record number of passengers at the airport by the end of this year, which is not surprising, as Budapest and Hungary are becoming increasingly popular worldwide and more […]
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 […]
