The vacancy rate in the domestic commercial real estate market rose in the first half of the year, while the stock of real estate is set to expand. Hybrid working is not good for the market either. The first half of the year saw rising vacancy rates in the office and industrial-logistics markets, while ongoing […]
Not less than three new large-scale R&D projects have been announced by Continental to further strengthen its Hungarian operation. The investments worth EUR 47.6 million promises to create 280 new jobs in total thru 2024, and they are aimed at developing solutions in the realm of autonomous driving and automotive safety. Continental Group is present […]
Two owners of Dreher Breweries, Asahi Group Holdings and Asahi Europe & International, are launching a HUF 100 billion investment in the company, which will serve the company's ambitious heritage and sustainability goals in the next decade, in addition to increasing capacity and efficiency, the company told MTI on Thursday. According to the statement, the […]
With an investment of HUF 6.2 billion, the most modern pharmaceutical wholesale warehouse in Central and Eastern Europe has been built on 3,000 square meters as the automated high-bay warehouse of Hungaropharma Plc. has been inaugurated The third stage of Hungaropharma's Budapest Logistics Center is not only suitable for the logistics of its own stocks […]
In a decision issued earlier this month, the Hungarian National Bank gave permission Medicover Egészségközpont Zrt. to set up its own non-life insurance company under the name Medicare Biztosító Zrt., the portfolio.hu financial portal reports. The largest private clinic in the Hungarian private healthcare market - whose insurance footprint has been the envy of competitors […]
Hungarian-owned Aeroplex Central European Aircraft Technical Center Ltd. is building an aircraft equipment repair center in Maglód, near Ferenc Liszt International Airport, the company told MTI on Thursday. The almost 7,000-square-meter plant will cost about HUF 2 billion and create 120 jobs. The company will cover the costs entirely from its own resources. The center, […]
The AutoWallis Group is introducing a new brand to launch its own mobility service brand called wigo. Under the new brand, AutoWallis’s first service is wigo carsharing, which is being launched by former Share Now operator Wallis Autómegosztó. According to a statement by AutoWallis on the website of the Budapest Stock Exchange, clients of the […]
Doktor24 Medicina Plc. announced in a statement published on the website of the Budapest Stock Exchange on Wednesday that the company's general meeting decided on a private share capital increase. Following the capital increase, a new investment company, Egészségügyi Befektetési Holding, owned by the Futó family, became the new majority shareholder. As the financial news […]
Ola Källenius, chairman of the board of Mercedes-Benz, visited Hungary and told the news portal Index that the company will invest EUR billions in its Kecskemét plant, located southeast of Budapest. In the interview, reviewed by portfolio.hu, Källenius said that the Kecskemét plant is a very important part of their global production network and that […]
Three quarters of micro and small businesses would be willing to try, and one third of them would even pay for, a useful artificial intelligence solution, according to Magyar Telekom's latest research targeting micro and small businesses. According to the summary sent to MTI on Tuesday, only 2% of respondents have never heard of artificial […]
CEOs of the world's largest companies remain optimistic about the global economy's growth prospects, but their confidence in their own company's growth has declined, while geopolitical and political uncertainty has been ranked as the top risk to economic growth, according to a global survey by KPMG sent to MTI. The global consultancy's ninth KPMG CEO […]
By investing nearly EUR 30 million the French Veolia Group is further strengthening its Hungarian presence. Phase 2 of the development marks the installation of new manufacturing technology of the company’s ultrafiltration membrane plant which was now celebrated at the Oroszlány site. 35% of the project that is scheduled to create 85 new jobs is […]
HEINEKEN Hungária Breweries Ltd, a local subsidiary of HEINEKEN International, with its more than a century-old tradition in brewing and its excellent brands is a key player in the Hungarian beer market. In the course of its operations, the company focuses on sustainability, diversity, business values and it even helps to revive Hungarian hop growing […]
DBH Group, an investment and service group engaged in international business with a focus on venture capital, flexible infrastructure and corporate business services will celebrate the 30th anniversary of its establishment next year. Its founder & Chief Executive Officer, Dr. Sándor Erdei talks to Diplomacy&Trade about the business model they pursue while keeping in mind […]
Established in 2002, the Budapest-based Netherlands-Hungarian Chamber of Commerce (Dutcham) is a self-financed business association with active co-operation of the Royal Netherlands Embassy in Budapest and the Embassy of Hungary in the Hague. Its aim is to facilitate the exchange of professional expertise and provide networking possibilities for Dutch companies operating in Hungary and also […]
