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 […]
Emil Frey Group Hungary, the Hungarian subsidiary of Swiss-based Emil Frey AG, began operating in Budapest in 1993. Its Country Director, György Balkányi and Emil Frey Hungary Retail Managing Director, Andrea Pethő outline to Diplomacy&Trade how the company has developed over more than three decades, from initially dealing in Toyota retail sales to now importing […]
MOL Group announced its financial results for Q2 and H1 2025 on the website of the Budapest Stock Exchange. In the second quarter of the year, MOL Group delivered USD 236 mn profit before tax, marking a 56% decrease year-on-year. According to the statement, slowing regional macroeconomic environment impacted performance adversely in Q2, however, this […]
Compared to the previous year, Flextronics' sales revenue decreased by 16.2%. At the same time, the added value has remained essentially unchanged, the company says in its annual report published this Thursday. The primary reason for the decline was the termination of a partnership agreement with a significant share of materials in the industrial business, […]
Group revenue remained broadly stable year-on-year in Q2 2025, as a continued increase in service revenues driven by sustained demand for data and connectivity was offset by lower System Integration and IT revenues, declines in equipment sales and the impact of ViDaNet fixed-line subsidiary deconsolidation, the Hungarian telecom company announced on the website of the […]
Gedeon Richter Plc.'s performance in the first half of the year was in line with its annual plans, so it has not changed its expectations for this year, CEO Gábor Orbán said at a press conference following the flash report on Wednesday in Budapest. He said that, excluding exchange rate effects, they expect growth of […]
Nestlé has been a key player in the global food industry for over 150 years and has actively shaped economic and social processes in Hungary for more than three decades. In an interview with Diplomacy&Trade, the CEO of Nestlé Hungary, Péter Noszek discusses the importance of the Szerencs solar park, net-zero emission targets, the expansion […]
Erste Bank Hungary Plc. closed the first half of the year with operating income of HUF 187.5 billion and after-tax profit of HUF 69.2 billion, Chairman and CEO Radován Jelasity said at the company's press conference on Wednesday. Year-on-year, operating income increased by 6%, while after-tax profit decreased by 7%. Operating profit exceeded HUF 123.5 […]
