4iG Space and Defense Technology has signed an exclusive cooperation agreement with with the Czech firm TATRA TRUCKS, which makes makes heavy-duty vehicles for the military and civilian markets, parent company 4iG said in an announcement posted on the website of the Budapest Stock Exchange on Monday. Under the agreement, 4iG S+D has exclusive right […]

In Hungary’s automotive sector, annual new vehicle registrations are total around 150,000 units – comprising 120,000–125,000 passenger cars and roughly 25,000 light commercial vehicles. Based on new car registrations per capita, Hungary is positioned in the lower third of the European ranking.” Yet this stagnation also signals room for expansion, especially as the economic environment […]

Festipay managed close to HUF 39 billion of payments in 2025, up in value by 15% and by 7% based on the number of transactions compared to last year, the Hungarian fintech company said late on Monday. By the end of August, transaction volume processed through the company's system was around HUF 29 billion in […]

Halms Hungary, part of the Huashuo Group, is establishing its European center for the manufacture of automotive parts in Miskolc. Thanks to the investment in the Southern Science and Technology Park, INPARK area, Halms will manufacture aluminum castings and machined parts for leading car brands and automotive suppliers such as Volvo and Magna. Medium and […]

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 […]