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 […]
Waberer's International is to acquire a 55% stake in Serbian distributor MD International and an option to buy the remaining 45%, the company announced on the Budapest Stock Exchange (BSE) website on Friday. The purchase price of the transaction was not disclosed. According to the statement, MDI is a major player in the Serbian FMCG […]
Goodwill Pharma Plc. is investing more than HUF 3.5 billion in capacity expansion in Szeged with EU support. The company, which manufactures and distributes dietary supplements and pharmaceuticals, has received HUF 1.766 billion in conditional reimbursable funding from the Hungarian Multi Program (MMP) of the Economic Development and Innovation Operational Program plus (Ginop plus). The […]
Nestlé Hungária Ltd.’s capacity extension investment worth HUF 90 billion was celebrated in Bük this Thursday, marking the latest development of the Swiss company’s Hungarian operation. The project is expected to create 280 new jobs. Nestlé’s presence in Hungary comprises of its Budapest HQ and three plants in Szerencs, Diósgyőr and Bük. The latter site, […]
SAIC Motor and the AutoWallis Group have signed an agreement under which the Hungarian company will become the MG brand's parts distributor in 13 countries of the region, the Hungarian company told MTI on Thursday. With the agreement, AutoWallis will further strengthen its international presence and enter Greece. In the countries concerned (Hungary, Albania, Czech […]
Liv Hospital Group, Turkey's leading private hospital chain, will take over the operation of Duna Medical Center, which plays a prominent role in private care, the Turkish-backed company’s announcement is quoted by the financial website portfolio.hu. The facility will continue to operate under the name Liv Hospital Duna Medical Center (Liv Hospital DMC) as the […]
Swiss-owned Omya HungariaLtd. celebrated the inauguration of its brand new agricultural granulation plant in Eger thanks to a EUR 41.5 million investment (of which HUF 260 million is state subsidy). The most advanced plant in the company’s network is set to supply farmers in Hungary and surrounding countries. Omya's predecessor was founded in Switzerland in […]
Melecs GmbH celebrated its latest development at its site in Győr, NW Hungary by inaugurating a new production hall. The investment worth EUR 12 million includes not only the extension of the production area and capacities but also the making of new products and production-related infrastructure development. As a result, 120 new jobs are expected […]
