The Shopper Park Plus Group's profit after tax for 2024 was EUR 24.9 million, significantly higher than the profit of EUR 11.4 million in the same period of the previous year. The SPP Group's gross profit improved by 13.8% in 2024 compared to the previous year, driven by both an increase in rental income and […]
The Board of Directors of the Zwack Unicum Plc. has approved the Management’s report about the results of the Company in the first three quarters of the 2024–2025 business year, the company has announced on the website of the Budapest Stock Exchange. As the Management Report highlights, total gross sales of the company were HUF […]
Sport and art go hand in hand, together expressing fair play, excellence, morality, talent and other universal values. At the recent Sportsman of the Year Gala, the trophies awarded to the winners were made by the ZEMA porcelain jewelry manufactory, which has been a committed supporter of the sporting scene in Hungary for many years. […]
The Hungarian IT company Csiha Plc., based in Szeged, SE Hungary, is developing a controlling system for the automation of warehouses with the support of the National Research, Development and Innovation Office (NKFIH), the firm informed MTI. According to the press release, the important aim of the developments in the logistics and warehousing sector is […]
Henkel Hungary has doubled the production capacity of its multi-technology adhesive plant in the western hungarian village of Környe, recognized as a key operation within the global network of the German multinational. The EUR 30.0 million investment involved the installation of new production lines, enabling the company to better serve its furniture and food industry […]
Every second Hungarian company surveyed expect their net sales to increase this year, two-thirds of those surveyed expect a 4-10% increase and 21% expect an even higher increase, according to the results of Randstad 2025 HR Trends, the results of which were released to MTI on Monday. The survey, which was conducted between October and […]
The meat processing company Hungerit Plc. is investing EUR 97.6 million in a modern greenfield chicken slaughtering and processing facility in Szentes, SE Hungary, the Hungarian Investment Promotion Agency (HIPA) report. Spanning 23,000 square meters, the facility will significantly expand the company’s broiler operations in Szentes, allowing it to double its annual processing capacity from […]
The modern office stock in Budapest increased by 2,150 square meters in the fourth quarter of 2024, thanks to the handover of the Liget Center Vitrum office building, the Budapest Real Estate Consultants Forum (BRF) told MTI on Tuesday. The total modern office stock in Budapest currently amounts to 4,455,615 square meters, of which 3,604,010 […]
2024 broke all previous records in the history of Budapest Airport, the operator of the Hungarian capital's Ferenc Liszt International Airport: 17.6 million passengers and nearly 300,000 tons of air cargo passed through the airport last year, foreshadowing robust passenger growth in the coming years and consolidating the airport’s role as a regional hub, the […]
Ho Taek Lim, as an experienced manager with many years of experience, took over as Managing Director of the Hankook Tire factory in Rácalmás. He was appointed to the position from December 1, 2024, after the retirement of Hyung Yun Kim, the company has announced. “Having already worked here at the site in the past, […]
The building construction general contractor Belotti Ltd. has built a factory hall and installed a new production line for the serial production of innovative products, mainly for the production of industrial floors in Szekszárd, south-central Hungary, the company told MTI. The HUF 320 million investment was implemented with 50% support from the Economic Development and […]
As the last element of the Mátranovák 2030 development program, a logistics hall worth HUF 600 million will be built in Mátranovák, NE Hungary with the total development program worth HUF 6 billion. Alstom's Mátranovák site will provide one third of the Group's railway bogie manufacturing capacity, the rolling stock manufacturer company told MTI on […]
Gedeon Richter has announced positive topline results from Phase I and Phase III clinical studies for its proposed biosimilar to RoActemra® tocilizumab that has the development code 'RGB-19'. The Hungarian pharmaceutical firm points out in a statement on the webiste of the Budapest Stock Exchange that Phase I clinical study evaluated the equivalence of pharmacokinetics […]
Egis Pharmaceuticals Plc. has acquired one of Teva Pharmaceuticals Plc.'s well-known product family for skin application, following the approval of the competition authority, the pharmaceutical manufacturer informed MTI on Monday. According to the statement, the takeover of the distribution and promotion of the product line began on December 17, 2024, and the parties sought to […]
A HUF 50 billion investment by the Chinese automotive company Xinzhi in Hatvan, east of Budapest, will create almost 900 new jobs, according to the Hungarian Ministry of Foreign Affairs and Trade. In a statement sent to MTI said on Monday, Minister Péter Szijjártó announced that Xinzhi, a market leader in the production of one […]
