ANY Security Printing PLC has been present on the Hungarian securities market for two decades. We are pleased to announce that the Company closed the 2024 financial year with favorable results. Our revenue exceeded HUF 70 billion, with the larger portion — similarly to 2023 — originating from international markets, the company said on the […]
The Mol Group and Turkish Petroleum have signed concession agreements with the Hungarian Ministry of Energy, allowing them to launch joint hydrocarbon exploration in two concession areas in Hungary, Tamási and Buzsák, Mol announced on Wednesday. The joint tender and exploration program is the first significant step since the two companies signed a strategic partnership […]
MVM Group's profit fell by 12% year-on-year to HUF 324 billion last year, the company, which is a dominant player on the electricity market in Hungary, told MTI on Wednesday. Turnover fell by almost the same amount to HUF 4,534 billion by the end of 2024. The decline was attributed to the impact of energy […]
Erste Bank Hungary Plc. (EBH) will pay a dividend of HUF 110 billion to its sole shareholder, the Austrian Erste Group Bank AG, after its 2024 financial year, the Erste Bank Hungary Plc. announced on the website of the Budapest Stock Exchange on Tuesday. According to the published written shareholder resolution – passed on April […]
Market Építő Plc.'s after-tax profit reached HUF 30.51 billion in 2024, an increase of more than HUF 9 billion compared to the same period last year, while the construction company's revenue decreased from HUF 321.69 billion in 2023 to HUF 307.43 billion in 2024, the construction company said on Tuesday on the Budapest Stock Exchange […]
Graphisoft Park that includes industrial and office facilities in Budapest produced in 2024 a pro forma net profit EUR 7.96 million, which – in line with its previous forecast – exceeds the exceptionally high result of the previous year – which is also due to one-off items – by approximately EUR 100,000, or 1%, the […]
Hungarian market leader sportswear brand Decathlon increased its sales by 6% to HUF 86.2 billion in 2024, while its profit after tax rose from HUF 3.7 billion to HUF 4 billion, the company told MTI on Monday. According to the statement, based on the renewed global brand identity, the brand's stores in Hungary also started […]
The Hungarian energy services firm Alteo Plc. will not pay any dividend this year, as the General Meeting of Shareholders has decided that last year's profit will be fully transferred to the profit reserve, the company announced on the website of the Budapest Stock Exchange (BSE) on Monday. The general meeting of Alteo Plc. last […]
BorsodChem Plc., based in Kazincbarcika, NE Hungary, is developing its own catalyst technology and laboratory with almost HUF 1.3 billion, the company told MTI. According to the information, the aim of the project is to provide the company with a competitive advantage in the market by reducing costs and increasing production efficiency. BorsodChem's development aims […]
Hungary continues to strengthen its position in the pharmaceutical industry as Singapore-based Hongene Biotech has announced the establishment of its first European manufacturing facility in Gödöllő, just east of Budapest. The nearly EUR 94 million greenfield investment will create 150 new jobs and contribute significantly to Hungary’s export performance, according to the Hungarian Investment Promotion […]
Budapest-based pharmaceutical company Gedeon Richter Plc. has received positive opinion from CHMP for marketing authorization for Junod and Yaxwer, its biosimilar denosumab products for bone disease and osteoporosis. Budapest-based pharmaceutical company Gedeon Richter Plc. has announced on the website of the Budapest Stock Exchange that it received a positive opinion from the Committee for Medicinal […]
Masterplast Plc. has stabilized its financial management in the 2024 financial year, primarily by reorganizing its operational processes, increasing production efficiency and making redundancies, the company’s CEO Tibor Dávid announced at the group's investor briefing on Thursday. Speaking at the event, held at the group's headquarters in Sárszentmihály, southwest of Budapest, the CEO said the […]
PannErgy Plc. will not pay a dividend this year, and the profit for 2024 will be transferred to the profit reserve, according to a resolution published on the website of the Budapest Stock Exchange (BSE) on Friday. The general meeting approved the 2024 parent company income statement with a profit after tax of HUF 148 […]
OTP closed the most successful year in its history in 2024, the bank achieved outstanding profitability, its capital position is extremely stable, and it is the market leader in the region, the bank's CEO, Sándor Csányi said at the annual general meeting of the company in Budapest on Friday. He stated that OTP had acquired […]
MBH Bank held its Annual General Meeting, at which shareholders approved the individual and consolidated financial statements of the bank prepared in accordance with International Financial Reporting Standards, as applicable for 2024 and voted on the other items on the agenda, the bank has announced. The report says the company's year 2024 was in line […]
