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Hungarian laundry product aims at international success

D&T
Mar 2, 2017

A startup initiative of young Hungarian professionals enters the local market of laundry products and detergents. At first, the 100% Hungarian products will be sold in TESCO stores, then, according to plans, they will also be available in other retails chains.

CEO of RUAG Aerostructures

RUAG expands with new division in Hungary

D&T
Mar 1, 2017

RUAG Aerostructures, a major player in the aerospace industry, opened its new factory in Eger, NE Hungary. It is the Switzerland-based aircraft section producers third plant to complement the ones in Germany and Switzerland.

Grupo Segura President Francisco Segura Hervás in Budapest | Balázs Mohai / MTI

Spanish company expands business in Szolnok

D&T
Feb 21, 2017

The Spanish Segura Group invests over EUR 17 million to expand its automotive bodywork and engine metal component factory in Szolnok, Eastern Hungary and plans to create an additional one hundred jobs there. The Group has been operating in Szolnok since 2005.

Minister of State for Economic Diplomacy

US company further develops Hungarian unit

D&T
Feb 17, 2017

Within the framework of a EUR 7.4 million project, the company GSI - a global leader in the grain and protein solutions - will purchase modern machinery and equipment and plans to double its current staff in the coming years.

The Budapest and Hungarian real estate market | source: GKI

Real estate indices are up in Hungary

D&T
Feb 7, 2017

In January 2017, the Budapest and the Hungarian real estate market indices of GKI-MGYOSZ stood at +4 and +2 points respectively. The index figure in Budapest was slightly up (within the error margin), while the national index has increased 3 points.

| Szilárd Koszticsák/MTI

Bank of China signs agreements in Hungary

D&T
Jan 23, 2017

China’s biggest commercial bank, the Bank of China (BoC) have concluded a number of cooperation agreements with Hungarian partners in Budapest. Bank of China's Chairman has announced the issuing of a yuan debit card in Hungary.

Crnogorski Telekom building in Podgorica | source: network-communication.me

Magyar Telekom sells Montenegrin unit

D&T
Jan 10, 2017

Hungarian telecoms group Magyar Telekom has signed an agreement with Hrvatski Telekom d.d. for the sale of its majority (76.53%) stake in Crnogorski Telekom A.D. Podgorica. The value of the package is about HUF 38 billion (some EUR 123.5).

Gedeon Richter CEO Erik Bogsch with the Figyelõ Man of the Year award | János Marjai / MTI

Pharma boss Man of the Year

D&T
Jan 4, 2017

Erik Bogsch, the CEO of the Hungarian pharmaceutical giant Gedeon Richter, has been chosen as the 2016 'Man of the Year' in Hungary by the business weekly Figyelõ that recognizes positive examples to be followed morally and financially.

Splitska Banka in Split

Hungary's OTP buys bank in Croatia

D&T
Dec 21, 2016

OTP Bank Plc. has announced that its Croatian subsidiary OTP banka Hrvatska, signed an acquisition agreement on purchasing 100% shareholding of Splitska Banka, member of Société Générale Group, portfolio.hu reports.

Dubai Tourism Office opening in Budapest | Dubai Tourism Bureau

Dubai Tourism Bureau opens Budapest office

D&T
Dec 16, 2016

The Dubai Tourism Bureau has officially opened its Budapest office. The emirate sees significant potential in Hungary and therefore would like to achieve notable growth in the number of Hungarian tourists visiting Dubai.

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New business continuity services offered in Hungary

D&T
Nov 10, 2016

As the risk environment for companies is changing, the insurance firm Allianz Hungária, in close cooperation with AON Hungary in the field of risk analysis, and the IT systems firm Duna Elektronika, jointly provide expert help in case of an unexpected disaster.

Drs. Péter and László Lukács | János Gehring

The Smile is the Result

Even though it is one of the city’s newest dental clinics, Helvetic Clinics Budapest already has an excellent reputation. Through recommendations of satisfied clients, it has quickly developed a high-profile clientele seeking exceptional dental care.

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