According to a report published on the Budapest Stock Exchange (BSE) website, Hungarian meat industry company Kometa closed 2025 with lower revenue but higher profits compared to the previous year. Annual revenue fell from HUF 91.39 billion to HUF 87.81 billion, while net profit rose from HUF 663.4 million to HUF 675.3 million. The company […]

Şişecam's glass factory in Kaposvár, SW Hungary, is scheduled to start production in September 2024, the Turkish company's technical manager Burcin Isguden said on Wednesday. Speaking at a press conference at the site of the factory's construction in the Eastern Industrial Park, he said that the project will cost EUR 400 million instead of the […]

KOMETA 99 Plc.’s EUR 94.9 million capacity expansion investment kicked off with foundation stone-laying in Kaposvár as a result of which the volume of processed meat can go up by over one-third, whereas the export to sales ratio is also to soar substantially. The project that is set to create 280 jobs will improve production […]

As a global player in every major area of glass manufacturing, the Turkish Şişecam will establish its first European glass-packaging facility in Kaposvár. This greenfield investment of EUR 220 million is to have an annual net production capacity of 330,000 tons. With two individual furnaces, the new facility is expected to begin its operations in […]

This year, we celebrate the 150th anniversary of the birth of József Rippl-Rónai, one of the greatest Hungarian painters. Throughout the year, his works can be seen on drapes, on lamp-standards, on souvenirs and even on chocolate wrapping.