“Serving society with superior quality” – this mission has defined the operation of Bridgestone Group and the corporation’s Hungarian factory, Bridgestone Tatabánya plant since the beginning. The principles of the Japanese founder, Shojiro Ishibashi permeates the operation of Bridgestone even today, referring not only to the quality of the products and services of the company, […]
On April 3, Adinish opened its first Hungarian showroom with a spectacular event in the presence of several local celebrities and popular influencers, the company said in a statement. According to the release, this not only made world-famous brands available to families with children in our country, but also a new lifestyle concept. The Romanian […]
Last August, a new CEO from England took the helm at the prestigious Dreher Breweries in Budapest. Mike James had been selected for the position based on his successful career within Asahi Europe & International, the owner of Dreher Breweries. His key responsibilities include overseeing the largest ever investment of HUF 100 billion in the […]
The investment of Harro Höfliger Hungary Ltd. in Debrecen has reached a milestone: the new production hall has reached its highest point of 15.3 meters, Managing Director Csaba Juhász announced at the building's topping-out ceremony on Tuesday. With the new hall, the Debrecen production unit of Harro Höfliger, a manufacturer of mainly pharmaceutical and medical […]
Headquartered in Tokyo, the Japan External Trade Organization (JETRO) was established by the Japanese government in 1958 as the nation’s principal organization for implementing and promoting trade with other countries. Its Budapest office was founded in 1991 and since then, it has successfully promoted business exchange activities between Japan and Hungary. The office’s General Director, […]
Zsófia Beck, managing partner for the energy industry in Central and Eastern Europe at the Boston Consulting Group (BCG), has been appointed global head of the firm's integrated energy utilities segment. According to the announcement, this is the first time the consultancy has appointed a leader to a global position from its Budapest office. Zsófia […]
Raiffeisen Bank Plc. closed last year with a consolidated profit after tax of HUF 115.9 billion, 12.3% higher than in 2023, the financial institution reported on the website of the Budapest Stock Exchange (BSE) on Monday. According to the statement, the biggest contributors to the increase in profit were a significant rise in commission income […]
Trimetrik Ltd., a manufacturer of injection-moulded plastic parts for railway and road vehicles, has built its central production plant in Székesfehérvár with a budget of more than HUF 2 billion, the Székesfehérvár municipality told MTI. The more than 6,000-square-meter plant was built in the Alba Industrial Zone thanks to the Hungarian Multi Program with the […]
H-Vend Service Ltd., based in Szeged, SE Hungary, has developed, with EU support, beverage and food vending machines using digital technology, which can be managed remotely and controlled without touching, the firm's managing director and owner, Gábor Haska said on Friday. At a press conference presenting the project, he said that H-Vend Service Ltd., founded […]
The Hungarian pharmaceutical company Gedeon Richter Plc. has announced on the website of the Budapest Stock Exchange that the European Medicines Agency (EMA) has accepted Richter’s marketing authorization application (MAA) for its proposed biosimilar to RoActemra tocilizumab. Tocilizumab, the first biologic to inhibit IL-6 signaling, is indicated for the treatment of rheumatoid arthritis, juvenile idiopathic […]
Mapei Ltd., a Hungarian member of the international Mapei Group, a manufacturer and distributor of construction materials, expects 14.8% sales growth this year, despite the fact that the Hungarian market for construction materials is not expected to expand in 2025, said Béla Markovich, the company's CEO, at a press conference in Budapest on Thursday. According […]
KÉSZ Holding Plc. has appointed Róbert Barócsi as Group Sales and Strategy Director of KÉSZ Group, the company has announced this Thursday. The new director comes from within the Group, having previously held the positions of Head of the Architectural and Structural Solutions Division and Managing Director of KÉSZ Metaltech Ltd. In his new role, […]
The leading players of the Hungarian real estate market gathered for the first time on March 26, 2025 at the exclusive HAD Real Estate Business Breakfast, organized by the Belgian-Hungarian owned RaktárAD, to discuss the trends in the SME sector, the issues shaping the future of the industry and the opportunities in the sector. According […]
Amway, the world's leading direct selling company, achieved global sales of USD 7.4 billion (HUF 2,727 billion) in 2024, and HUF 6.1 billion in Hungary, the former down 3% and the latter up 4% compared to 2023, the company told MTI on Friday. According to the information, global sales fell last year due to the […]
With one of the most significant investment projects in its history, Start Plast, a traditional firm in the Hungarian plastics industry, has doubled its capacity, the Hungarian Investment Promotion Agency reports. The plastic injection mold manufacturer based in Újhartyán, near Budapest, has carried out an EUR 3.53 million investment with the assistance of HIPA. Alongside […]
