Shopper Park Plus (SPP), which owns a portfolio of retail properties in Hungary, the Czech Republic and Slovakia, announced an agreement on acquisitions in Poland on Monday. In line with the disclosures previously published in connection with the Transaction, SPP and its eight Polish subsidiaries entered into an agreement on December 23, 2025, concerning the […]
Hungary's 4iG Space and Defence Technologies has signed an agreement to acquire a 63% stake in helicopter maintenance company HeliControl, parent company 4iG said in an announcement on the website of the Budapest Stock Exchange. "By leveraging HeliControl's professional expertise and infrastructure, 4iG S+D aims to establish a high value-added competence center capable of supporting […]
It was at the end of May this year that the German-Hungarian Chamber of Industry and Commerce (DUIHK) elected Dr. Róbert Keszte as its new President. He emphasized that he would work in this position to ensure that the opinions and initiatives of the DUIHK are heard and taken into account in the dialogue with […]
As Europe accelerates toward a greener, more digital and increasingly electrified energy future, one challenge stands at the center of strategic debate: developing the networks needed for this transformation. According to Guntram Würzberg, Chairman and CEO of E.ON Hungária Group, building modern, flexible grids is a responsibility shared not only by energy companies, but also […]
“Germany has traditionally been the largest investor in Hungary. Approximately 2,400 German companies employ around 235,000 people here. This number has increased by 55% since 2010, that is, one in every 14 employees in the Hungarian corporate sector now works for a German company,” government commissioner and CEO of the Hungarian Investment Promotion Agency (HIPA) […]
Dairy company Bóly Plc., a member of the Bonafarm group, and the Kaposvár Campus of the Hungarian University of Agriculture and Life Sciences (MATE) jointly developed technology to breed cattle producing only premium quality A2 milk, the company said. The project was financed from a HUF 775 million grant from the National Research, Development and […]
4iG Defence and Space Technologies signed an agreement with Axiom Space, the leading provider of human spaceflight services and developer of human-rated space infrastructure, parent company 4iG is quoted by MTI as saying. Under the agreement, 4iG SDT will carry out a USD 100 million raise capital in the US company in two steps: to […]
Corporate leaders from Hungary and Israel met at a business forum in Budapest this October with representatives of 62 Hungarian companies and 36 firms from Israel participating at the event organized by the Hungarian Ministry of Foreign Affairs and Trade and held in a conference room in the Puskás Arena soccer stadium. Over 150 business-to-business […]
By mutual agreement, the sale and purchase agreement concluded between the MVM Group and the E.ON Group on December 16, 2024, concerning the purchase of a 68% stake in E.ON Energie Romania and a 98% stake in E.ON Asist Complet, would be terminated this Friday, MVM informed MTI. In its announcement, MVM emphasizes that it […]
Emicast Plc, a Hungarian-owned company, is launching a HUF 6-7 billion investment based on green steel casting in Orosháza, SE Hungary. Production is scheduled to start in 2026, and 70-80 jobs could be created in the following years. Emicast Plc. is a newly established subsidiary of Kalocsa-based Emika Plc. In May 2025, the owners decided […]
Established in 2002, the Budapest-based Dutch-Hungarian Chamber of Commerce (Dutcham) is a self-financed business association with the aim to facilitate the exchange of professional expertise and provide networking possibilities for Dutch companies operating in Hungary. In April this year, Maurice Janssen took over as Chairman of the Dutch-Hungarian Chamber of Commerce in Budapest. Regarding his […]
American medical technology giant Becton Dickinson (BD) is expanding its Hungarian operations by introducing new service and manufacturing functions. BD is set to build a sterilization facility at its site in the industrial park of Környe, near Tatabánya, western Hungary, which has been operating for more than fifteen years. Supported by the Hungarian Investment Promotion […]
Hungary's Magyar Vagon will manufacture railway trains for the Slovenian state railway company, Magyar Vagon told MTI after a contract was signed on Monday in the Slovenian capital, Ljubljana. Magyar Vagon will deliver five intercity trains, each consisting of four cars. The trains could be put into use in the second half of 2028. Magyar […]
GLS Hungary and DPD Hungary have entered into a strategic partnership to make parcel collection more flexible, thanks to which DPD parcels in Hungary will also be available for collection from a significant number of GLS parcel machines, according to a joint statement issued by the two companies to MTI. The statement said that GLS […]
Over eight decades of its existence, the Danish company Grundfos has become the world's largest manufacturer of pumps and submersible pumps since its founder, Poul Due Jensen came up with his first pump model. Its philosophy has been about persistent innovation and striving for the best since 1945. Internationally, Hungary is one of the main […]
