K&H Bank's after-tax profit fell to HUF 50.2 billion in the first half of the year, down from HUF 66.9 billion a year earlier, with government measures accounted for during the period reducing the financial institution's results by HUF 31 billion, the financial institution told MTI on Thursday. Peter Roebben, CEO of the K&H Group, […]
Having grown from a French family enterprise into a global food industry leader, Bonduelle has implemented capacity-expansion projects at three of its Hungarian sites. Developments carried out in Békéscsaba, Nyíregyháza, and Nagykőrös included the installation of new vegetable processing lines and the establishment of the company’s Central and Eastern European logistics hub, the Hungarian Investment […]
Starting October 1, 2025, Péter Hidvégi will take over as managing director of SAP Hungary and will report directly to the managing director of the Central European cluster, according to a statement by SAP Hungary. Péter Hidvégi has more than 20 years of experience in the technology and consulting industry, and his career has always […]
Indotek Group, a real estate, private equity investment and asset management company, has renovated another shopping center: this time, the group has completed the interior renovation of Balaton Plaza in Veszprém, the company told MTI on Monday. According to the announcement, the group owns more than 70 shopping centers and retail units in Hungary and […]
MBH Bank closed the first six months of this year in a solid financial position: its balance sheet total was HUF 12,452 billion at the end of the half-year, and thanks to active lending, the gross retail loan portfolio grew by 10% and the gross corporate loan portfolio by 5.1% compared to the same period […]
In the first half of 2025, the Hungarian machinery producer Rába Group's sales revenue amounted to HUF 28.8 billion, down by 8.2% compared to the sales revenue achieved a year earlier, the Group announced on the website of the Budapest Stock Exchange. The two largest subsidiaries contributed to the group-level sales revenue with a decline […]
Gránit Bank closed the first half of the year with an after-tax profit of HUF 10.6 billion, compared to HUF 8.4 billion a year earlier. The financial institution attributes its results to significant expansion in business activity, cost efficiency, the quality of its loan portfolio, and dividend income received, according to a flash report published […]
The net revenue of ANY Security Printing Company PLC for the first half of 2025 is HUF 38.7 billion, of which HUF 24.8 billion originated from export sales, the company reported this Tuesday on the website of the Budapest Stock Exchange. The summary says HUF 30.4 billion – representing 79% of total revenue – was […]
Shell has retained its leading position on the list of the world's most valuable oil and gas brands, despite its value falling by 10% to USD 45.4 billion over the course of a year, according to a report by Brand Finance, quoted by MTI. The British-Dutch company has now been in first place for eleven […]
Compared to the first three months of the year, AutoWallis’ operating efficiency improved, and its revenue increased by nearly 21% to HUF 235 billion in the first half of 2025. The company’s EBITDA was HUF 8.1 billion, reducing the difference from the comparable period of the previous year to 10%, as opposed to the 31% […]
AutoWallis is further strengthening its cooperation with the Chinese producer of electric vehicles after reaching an agreement to open a car dealership in Debrecen, E Hungary, the car dealer company says in a statement on the website of the Budapest Stock Exchange. The showroom and service center located in eastern Hungary supports the further growth […]
The pro forma net profit for the first half of 2025 at the Graphisoft Park office complex in Budapest is EUR 3.88 million, which is almost EUR 400,000 less than the same period of the previous year. However, the difference is primarily the result of one-off items from the previous year, as the lump-sum compensation […]
Group's consolidated EBIT for the second quarter of 2025 was EUR 18 million, and EUR 29 million for the first half of the year, representing an increase of 68% and 51%, respectively, compared to the same period last year, according to a report published on the website of the Budapest Stock Exchange. The Group's consolidated […]
Syrian-born entrepreneur Bassam Abou Watfa, with a background of business education in Switzerland (Geneva, Lausanne), is the representative of several high-end Swiss brands in Hungary. He talked to Diplomacy&Trade in the elegant Hublot Boutique in Budapest about his career from his family business in Syria to ventures in Budapest. Bassam Abou Watfa’s family business was […]
The vegetable processing firm Eisberg Hungary, located in Gyál, just southeast of Budapest, is renowned for great working culture, inclusion and innovation. The company, part of the Swiss Bell Food Group, has been maintaining its market leader position for over three decades. A year ago, Eisberg Hungary saw a change in top management as Zoltán […]
