The Hungarian Advertising Association and its partner organizations welcome the fact that, among its first measures, the incoming Tisza government has maintained the zero-percent advertising tax rate by elevating emergency regulations to the level of law. At the same time, the organization is calling for the abolition of this tax, the Hungarian Advertising Association told […]
As part of the company’s domestic modernization process in Hungary, French sporting goods retailer Decathlon has reopened its completely renovated store in Székesfehérvár, which is celebrating its 20th anniversary this year; this is the first location outside Budapest. Levente Fekete, regional director of Decathlon Hungary and the manager responsible for store renovations, told MTI that […]
First-quarter net income of Hungarian oil and gas company MOL fell 75% year-on-year to HUF 38.8 billion as supply issues weighed, an earnings report released this week. MOL's total revenue fell 8% to HUF 2,024 billion as the company's downstream business faced a "perfect storm", starting with the disruption of deliveries through the Druzhba pipeline, […]
Christian Dickert has been appointed CEO of Mercedes-Benz Manufacturing Hungary and head of production at the German car maker's plant in Kecskemét from May 1, the company's local unit said on Wednesday. A mechanical engineer by training, he has been with Mercedes-Benz since 2011. Over the course of his career, he has gained extensive management […]
Meat processing company Pick Szeged Plc.’s revenue increased, while its net profit decreased in 2025 compared to the previous year, the meat processing company announced in its annual report published on the Budapest Stock Exchange (BSE) website. The company’s net revenue rose from HUF 85.2 billion to HUF 86.2 billion, while its net profit after […]
Following its success in the hospitality industry, Bibo Franchise Ltd. aims to strengthen its position in the consumer market with its bio-based and chemical-free products that support sustainable operations; the innovative company has already taken its first steps toward international expansion. The 100% Hungarian-owned company was founded 15 years ago by András Juhász who is […]
Admatis Research, Manufacturing and Trading Ltd., based in Miskolc, NE Hungary, has secured EUR 105 million in EU funding to further develop its specialized heat treatment technology, one of the company’s core competencies, Tamás Bárczy, the company’s founder, owner, and managing director, told MTI. According to his statement, the non-repayable grant will also be used […]
4iG Plc. and its subsidiaries (“4iG Group”) continued its growth trajectory in 2025, successfully completing its Transformation Program, and focused on consolidating operations within the new structure and leveraging synergies. The executive summary report published on the website of the Budapest Stock Exchange says that following the Transformation Program completed in October 2025, the Group […]
Hungarian oil and gas company MOL on Thursday said it signed an agreement to acquire hydrocarbon concessions in Hungary from O+GD Central Ltd. Under the sale and purchase agreement, MOL will acquire O+GD's 51% stake in concessions in Mogyoród, Nagykáta and Ócsa, all in central Hungary. The deal also includes a range of other assets […]
Shareholders of Graphisoft Park, which owns and operates a business park in the north of the capital, approved a 1.83-per-share dividend on 2025 earnings at an annual general meeting, the AGM resolutions show. The dividend includes EUR 0.84 from earnings on regular and recurring activities and EUR 0.99 from one-off revenue. Graphisoft Park reported after-tax […]
Shareholders of listed car seller AutoWallis voted at an annual general meeting to put all of last year's profit into retained earnings, the company said on the Budapest Stock Exchange on Wednesday. It means that in addition to its existing resources, the AutoWallis Group may also allocate its after-tax profit of nearly HUF 5 billion […]
Consolidated net sales revenue of Hungarian soft drink maker Hell Energy rose 11% in 2025 to HUF 218.3 billion, an earnings report posted on the website of the Budapest Stock Exchange, where the company's corporate bonds are listed, shows. Energy drinks contributed the most to the growth in sales over the past five years, while […]
The Budapest Stock Exchange (BSE) generated total revenue of HUF 4.338 billion last year, 16% more than a year earlier; EBITDA rose by 22% to HUF 1.680 billion, while net profit, including the contribution from the KELER Group, increased by 65% to HUF 9.635 billion. The company will pay a dividend of HUF 60 per […]
The European Commission has approved EUR 71.6 million (HUF 28 billion) in aid from the state of Hungary for the expansion of South Korean tire maker Hankook Tire & Technology Co. Ltd.'s plant in Rácalmás (C Hungary), the European Union's executive body said. The EC statement highlights that this measure will support Hankook in setting […]
Appeninn Holding Asset Management Plc. will not pay dividends after 2025, according to a decision by its general meeting, the company announced on the Budapest Stock Exchange’s website. Based on its standalone financial statements prepared in accordance with International Financial Reporting Standards (IFRS) and approved at the general meeting, the real estate investment and asset […]
