PannErgy Plc. will not pay a dividend this year, and the profit for 2024 will be transferred to the profit reserve, according to a resolution published on the website of the Budapest Stock Exchange (BSE) on Friday. The general meeting approved the 2024 parent company income statement with a profit after tax of HUF 148 […]

The Zwack Unicum Plc., the biggest player in Hungary’s spirit market, had total gross sales of HUF 36 938 million in the 2023-2024 financial year – a year-on-year increase of HUF 1,574 million (4.5%). Net sales (sales revenues excluding excise tax and public health product tax [NETA]) were HUF 22 496 million, a year-on-year increase […]

OTP Bank surpassed all its previous results last year, and will continue the construction and expansion in the coming years, Sándor Csányi, Chairman and CEO of OTP Bank, said at the company's Annual General Meeting in Budapest on Friday. The CEO stressed that the company is the market leader in five countries and has a […]

At the Annual General Meeting of the British Chamber of Commerce in Hungary (BCCH), Duncan Graham has been re-elected as Chairman of the organization and new members have joined the Chamber's Council. The newly formed Council is appointed for the next two years. Duncan Graham is the Managing Director of financial and investment advisory firm […]

The Joint Venture Association held its 2022 Annual General Meeting in Budapest, closing the year 2022, with the election of a new Board, a new Supervisory Board, two new Ethics Committee members and the re-election of several former members. It was on January 1, 2022 that Tímea Buday Kollárik took over the management of the […]