Chemical company BorsodChem, a member of the Chinese Wanhua Group, is building an LFP (lithium-iron-phosphate) cathode raw material production plant at its headquarters in Kazincbarcika.

U.S.-based Support Services Group (SSG) is establishing a new regional service center in Szekszárd, Hungary, to serve Central and Eastern Europe.

4iG has acquired a three-quarter majority stake in machinery manufacturer Rába and is offering remaining shareholders a buyout at a share price of HUF 1,789 (EUR 4.60).

The MOL Group and its partner O&GD have discovered a new oil deposit near Galgahévíz. The Galgahévíz-4 well enables the extraction of around 1,000 barrels per day from a depth of approximately 2,400 meters.

As part of its international restructuring, thyssenkrupp is shifting several functions away from its development center in Budapest, while simultaneously strengthening it as a global hub.

The foundation stone has been laid for the new gas turbine power plant unit (CCGT) at the Mátra Power Plant, announced the MVM Group.

Flextronics, which employs around 6,000 people in Hungary, is investing HUF 2 billion (approx. EUR 5 million) to expand its research and development operations in Zalaegerszeg.

The newly signed agreement provides for the purchase of 2 billion cubic meters of natural gas over a period of ten years, starting in 2026.

Csoki Nyugat Kft., based in Mosonmagyaróvár, has inaugurated a biscuit factory in Ikrény. The investment volume amounted to approximately HUF 2 billion (EUR 5 million).

Popeyes enters Hungary with its famous Cajun-style fried chicken and opening its first Budapest restaurant this fall.