WABERER’S INTERNATIONAL Plc. announced back in November 2025 that its wholly owned subsidiary, the insurance company Gránit Biztosító Plc. exercises its call option right as set out in the Framework Cooperation Agreement concluded with Magyar Posta Plc. simultaneously with the share purchase agreement relating to the acquisition of a majority stake and acquires the 33.095% […]
Shopper Park Plus Plc. (SPP) has made a public announcement regarding the closing of the acquisition of a real estate portfolio consisting of eight retail parks located in Poland from the sellers Auchan Polska Sp. z o.o. and Ceetrus Polska Sp. z o.o. SPP has previously disclosed to the public certain steps related to the […]
Fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 19% year-on-year to 297.3 billion, according to a new earnings report. Net interest income increased 11% to HUF 509.2 billion. Net revenue from commissions and fees climbed 8% to HUF 160.4 billion. For the full year, after-tax profit rose 7% to HUF 1,146.3 billion. […]
Hungarian-owned construction company Bayer Construct will invest HUF 12 billion to expand capacity at its base in Sóskút, southwest of Budapest. As a result of this major investment, a 12,000-square-meter bathroom assembly plant is now being built in Sóskút, and the company is also establishing a precast concrete, carpentry and locksmith plant. In addition, by […]
AutoWallis Group further strengthened its international presence, and partly as a result of this, its revenue grew by 20% to HUF 477 billion in 2025, representing a total market footprint of HUF 587 billion including companies jointly managed with partners, the Group reports in a statement on the website of the Budapest Stock Exchange. Growth […]
Automotive front-end module manufacturer HBPO is expanding its activities in Hungary beyond production by opening a business services center. Established in Győr, western Hungary, the center supports 24 HBPO plants in Central Europe, by providing R&D and engineering services, including the development of Industry 4.0 digital solutions and manufacturing tools. The EUR 4 million investment, […]
Special flooring maker Graboplast will invest HUF 9.3 bn in a capacity expansion, complemented by an R+D development, at its base in Győr (NW Hungary), it was announced on Thursday. The Hungarian-owned company, which is the market leader in Central Europe in the field of special flooring manufacturing, is implementing a capacity expansion and a […]
B+N Group, a leading facility management services provider in Central and Eastern Europe, is continuing its operations and international growth under a new brand name: LIWO Group. The rebrand introduces a single, internationally recognizable name to support the group’s expansion and brand-building activities across Europe. The company is currently present in nine European countries. As […]
Net revenue of REGIO Játék, Hungary's biggest toy seller, rose 7% to HUF 25.4 billion in 2025, the company told MTI on Tuesday. The average purchase reached HUF 10,400 in the company's brick-and-mortar shops and was HUF 13,500 at its webshop, REGIO Játék said. Online sales accounted for 10% of total revenue, it added. The […]
Hungarian pharmaceutical company Gedeon Richter announced on Tuesday the acquisition of the women's health discovery portfolio of US-based biotech company Celmatix. The portfolio includes assets targeting fertility, endometriosis and ovarian ageing. The development of the acquired programmes will be led by Richter's women's health R+D hub in Belgium. Celmatix will receive an upfront payment and […]
Gabért Takarmány Ltd. is launching a new feed mixing plant project, giving fresh momentum to feed production in Pápa. The development will focus on the production of specialised turkey and broiler feed, creating 30 new jobs in the region. Gabért Takarmány Ltd. is a 100% Hungarian-owned company specialising in the production of feed for livestock. […]
Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 51.3 points in February, rising from 50.0 in the previous month, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday. The PMI was below the 50-point threshold, signalling a contraction in the manufacturing sector. Among the PMI sub-indices, the new orders index climbed […]
After-tax profit of Shopper Park Plus, which owns a portfolio of retail properties in the region, rose by EUR 12.4 million to EUR 36.6 million in 2025, an earnings report shows. Properties in Slovakia, added to the portfolio in Q1, contributed EUR 13.6 million to earnings, the company said. Rental income came to EUR 33.0 […]
Húsüzem ['Meat plant'] Ltd., a meat processing company based in Zalaegerszeg (SW Hungary), and Széchenyi István University in Győr (NW Hungary) have partnered to develop a product line with health benefits by transforming meat industry by-products through biotechnology in Zalaegerszeg. The project was supported by Hungarian taxpayers with a HUF 407 million grant from the […]
Listed building materials maker Masterplast had net profit of EUR 2.2 million in the fourth quarter of 2025 compared to losses of EUR 8.9 billion a year earlier, the company said on Thursday. Revenue jumped 83% year-on-year to EUR 60.9 million during the period. EBITDA excluding one-off items came to EUR 6.4 million. Masterplast said […]
