The design software market is changing worldwide, and Graphisoft has restructured its sales system accordingly, executives from the company – which develops design software for architecture – said at a press conference in Budapest on Tuesday. Tamás Bayer, Graphisoft’s sales director, explained that by introducing direct sales, they can establish a direct relationship with their users and […]

ANY Security Printing Company closed the first quarter of 2026 with HUF 2.7 billion net results, and HUF 187 EPS, the company has announced on the website of the Budapest Stock Exchange. The report says ANY Security Printing Company generated revenue of HUF 17.192 billion in the first quarter of 2026. Consolidated net profit for […]

K+H Bank, the Hungarian unit of Belgian's KBC, had a first-quarter loss of HUF 19 billion as it booked the full amount it must pay for the year on the bank levy and windfall profit tax, the lender said on Monday. K+H Bank booked HUF 58 billion for the bank levy and windfall profit tax […]

Electrical engineering company ABB will invest HUF 5 billion to expand capacity at its base in Kecskemét (East Central Hungary), the company has announced. As part of the development project in Kecskemét, new machines, injection molding equipment, robotic solutions, and additional production lines will be installed. The investment will enable increased production of several medium-voltage […]

First-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 6% year-on-year to HUF 177.0 billion as the lender booked the full-year amount of sectoral taxes during the period, an earnings report released ahead of the opening bell on Friday shows. If OTP had booked the prorated amount of the bank levy and windfall […]

Hungarian haulier Waberer Group's consolidated EBIT for the first quarter of 2026 was EUR 11.0 million, which is in line with the base period (Q1 2025) result. The quarterly report was publihed on the website of the Budapest Stock Exchange. The Group's consolidated revenue for the quarter was EUR 207.9 million, representing a 6.9% increase. […]

First-quarter after-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 20% year-on-year to EUR 2,670,000, an earnings report shows. The pro-forma net profit for the first quarter of 2026 was in line with company’s expectations at EUR 2.67 million, representing a significant increase of 20% compared […]

Listed building materials maker Masterplast had first-quarter after-tax profit of EUR 1.9m, improving from a loss of EUR 2.2 million in the base period, an earnings report released ahead of the opening bell on Thursday shows. In the first quarter of 2026, Masterplast achieved consolidated revenue of EUR 57,4 million, representing the third highest quarterly […]

Belgian universal multi-channel bank-insurer KBC booked a EUR 30 million first-quarter loss at its banking and insurance business in Hungary as a windfall profit tax weighed, the lender said in an earnings report released on Tuesday. KBC booked EUR 215 million in banking and insurance taxes at the business – the full-year amount – up […]

First-quarter net income of Magyar Telekom rose 9% year-on-year to HUF 59.0 billion as margins widened and financial losses narrowed, an earnings report released after the closing bell on Tuesday shows. Revenue edged down 2% to HUF 238.1 billion. Direct costs dropped 10% to HUF 82.7 billion, lifting gross profit 4% to HUF 155.3 billion. […]

It was just last year that the Saint James Vision & Aesthetics Center opened in Budapest's 3rd District with the Maltese Saint James Hospital Group venturing into the field of aesthetics. The CEO of Saint James Hospitals & Clinics, Jean Claude Muscat tells Diplomacy&Trade how the Group, present in Hungary now for 17 years, has […]

First-quarter net income of Hungarian pharmaceutical company Gedeon Richter fell 4% year-on-year to HUF 65.3 billion as operating profit stagnated and net financial gains narrowed, an earnings report published ahead of the opening bell on Tuesday shows. Revenue edged down 2% to HUF 220.2 billion, impacted by the continuing trend of the weaker dollar and […]

The Hungarian Advertising Association and its partner organizations welcome the fact that, among its first measures, the incoming Tisza government has maintained the zero-percent advertising tax rate by elevating emergency regulations to the level of law. At the same time, the organization is calling for the abolition of this tax, the Hungarian Advertising Association told […]

As part of the company’s domestic modernization process in Hungary, French sporting goods retailer Decathlon has reopened its completely renovated store in Székesfehérvár, which is celebrating its 20th anniversary this year; this is the first location outside Budapest. Levente Fekete, regional director of Decathlon Hungary and the manager responsible for store renovations, told MTI that […]

First-quarter net income of Hungarian oil and gas company MOL fell 75% year-on-year to HUF 38.8 billion as supply issues weighed, an earnings report released this week. MOL's total revenue fell 8% to HUF 2,024 billion as the company's downstream business faced a "perfect storm", starting with the disruption of deliveries through the Druzhba pipeline, […]