Huntsman Corporation Hungary Ltd., headquartered in the United States, has inaugurated its capacity expansion project in Pétfürdő, W Hungary, further strengthening the company’s manufacturing activities and contributing to the creation of around a dozen new jobs, the Hungarian Investment Promotion Agency (HIPA) reports. Founded in 1989, Huntsman Corporation Hungary is primarily engaged in the production […]
The adoption of artificial intelligence (AI) is currently one of the most significant steps in digital transformation for Hungarian companies, but while large corporations are scaling up rapidly, the majority of SMEs are still struggling with a lack of data infrastructure and financing. At the Top Executives Roundtable panel discussion during Portfolio’s AI in Business […]
The Chinese company Zoomlion has reached the first milestone in its Tatabánya investment, according to a report by the Hungarian Investment Promotion Agency (HIPA). Zoomlion, one of the largest construction equipment manufacturers in the world, has more than 30 years of experience and is present in 19 countries across four continents. Its products are not […]
Despite the challenging economic environment, BioTechUSA Group, Hungarian-based retailer of nutritional supplements, managed to increase its revenue in 2025 after revenues rose to EUR 261.9 million, accompanied by an 11% increase in sales. However, the record turnover was accompanied by a slight decline in profitability. EBITDA fell from EUR 27 million to EUR 14.22 million […]
The German-owned Knaus Tabbert Ltd. has implemented an investment aimed at increasing its production capacity, as part of which it purchased a 25-hectare site in Horpács. One of Europe’s leading caravan and motorhome manufacturers, Knaus Tabbert, has been present in Hungary since 1993. In addition to manufacturing, its Hungarian operations also play an important role […]
The expansion of the Japanese automotive industry supplier firm Hi-Lex further increases Hungary's automotive influence on the global market. Hi-Lex, a Japanese manufacturer of automotive parts, has over 80 years of experience. At its facility in Rétság, the company produces door modules, window regulators, and brake and gearshift cables, while continuously enhancing its competitiveness through […]
The board of the Hungarian telecommunications company Magyar Telekom will propose to shareholders payment of a HUF 154-per-share dividend at an annual general meeting on April 8, the company said on the Budapest Stock Exchange (BSE) late on Tuesday. Magyar Telekom said its board proposes payment of a HUF 136.4 billion dividend fund on 2025 […]
Hungarian-owned Metal Kingdom Ltd. is establishing its new high-capacity site in Napkor to adapt even more efficiently to growing market demand, the Hungarian Investment Promotion Agency (HIPA) reports. Operating in Napkor, NE Hungary, the company is present on the market not only through steel structure manufacturing, but also with complex industrial solutions. Its activities range […]
Hungarian-owned Nivó Group, a manufacturer of security entrance doors, is building a burglar-proof door factory in Pécel, on the outskirts of Budapest, according to a statement by the Ministry of Foreign Affairs and Trade. With the investment, the project will enable domestic production to replace approximately half of the door imports previously directed to Hungary. […]
After-tax profit of Austrian-owned Erste Bank Hungary rose 14% to HUF 150 billion in 2025, chairman-CEO Radovan Jelasity said on Thursday. Net interest revenue rose 4% to HUF 199.4 billion and net revenue from commissions and fees climbed 18% to HUF 142.5 billion, the chairman-CEO pointed out. Return on Equity (ROE) improved 0.9 percentage points […]
ANY Security Printing Company Plc. has released its 2025 January-December results on the website of the Budapest Stock Exchange. Net sales of ANY Plc. for 2025 amounted to HUF 71.9 billion which is higher by HUF 1,4 billion (2%) than in the previous year. Changes in case of strategic product categories were as follows: Sales […]
Gránit Bank's after-tax profit rose 14% to HUF 19.2 billion in 2025, the lender told MTI on Thursday. The Hungarian bank's standalone total assets climbed 12% to HUF 1,785bn in the twelve months to the end of December. The Non-Performing Loan (NPL) ratio was just 0.2%, a fraction of the 2.1% banking sector average. Gránit […]
Innovative solutions by the first Hungarian-founded and owned neobank, BinX Plc. significantly contribute to the efficient operation of Hungarian SMEs, according to the Hungarian Investment Promotion Agency (HIPA) Based in Budapest and operating exclusively online, BinX employs 150 people and uses the latest fintech technologies to provide faster, cheaper, and more user-friendly mobile banking experiences […]
Leadec Ltd., a leading domestic expert in industrial services, has established one of the city’s first SSC centers in Győr, NW Hungary, through its new investment. Leadec Ltd. is the Hungarian subsidiary of the German Leadec Group, which began providing industrial services in Győr more than 30 years ago. The Group is present at more […]
German-owned electronic components maker Rosenberger is investing HUF 47 billion in capacity expansions at three of its bases in Hungary, it was announced on Monday. A global manufacturer of electronic components, Rosenberger is known for its uncompromisingly high-quality products. Its product range includes connectors, components, accessories, and cables, primarily used by leading high-tech companies in […]
