PannErgy Plc. sold a record 599,490 gigajoules of heat in the fourth quarter of 2021, 5.6% more than a year earlier, the company told the state news agency MTI this Friday.  The production report noted, however, that fourth-quarter heat sales were about 3.4% below the quarterly target, mainly due to the Miskolc outage that occurred […]

Hungary's AutoWallis Group has outlined its expectations for the next few years: more than four times last year’s revenue and six times last year’s EBITDA expected for the year 2025. The AutoWallis Group expects dynamic growth until 2025, it revealed in the updated strategy published this Tuesday on the website of the Budapest Stock Exchange. […]

Hungarian cinemas' ticket sales dropped by 72% to 4.3 million last year as pandemic restrictions weighed, data compiled by the Central Statistical Office (KSH) show. Almost 2.2 million of total ticket sales were at cinemas in the capital, Budapest. Box office revenue declined by 71% to HUF 6.4 billion forints (EUR 18.5m). Cinemas in Hungary […]

AutoWallis has closed another banner year, with its revenue increasing by 17% to HUF 88 billion in 2020. However, the company expects even such a major expansion to be only a minor step ahead of the 2021 leap. Namely, the revenue of the stock exchange automotive company may present a nearly threefold increase when compared […]

In the first half 2020, both the revenue and net after-tax profit increased significantly at the Hungarian energy company ALTEO Group. The 33% increase in sales revenue was accompanied by a 120% rise in after-tax profit. A report by the Group says the growth achieved not only reflects the success in investment and acquisition activities, […]