The Hungarian Power Exchange, HUPX has completed a major transaction to merge the BSP, HUPX and SEEPEX exchanges under the umbrella of Budapest-based ADEX Holding Zrt.

CTP Magyarország has handed over a new 100,000 square meters logistics center to Tesco Globál Zrt. near Szigetszentmiklós.

The German discount chain Lidl is planning to expand the store network of its Hungarian subsidiary from the current 210 to 250 locations.

The British manufacturer of packaging materials plans to expand its capacity at the Füzesabony, Nagykáta and Győr sites by 40%.

The social partners have signed an agreement to increase the minimum wage for 2025-2027. From January 1, 2025, the minimum wage will increase by 9%.

Gránit Bank was transformed from a limited liability company (Kft.) into a joint stock company. Its abbreviated name is now GRÁNIT Bank Nyrt.

Cardnet (Hungary) and Macau Pass (China) signed an agreement to establish a payment platform connecting Chinese and European payment and settlement systems.

Ceva-Phylaxia Zrt. laid the foundation stone for a new vaccine factory in Monor. The investment volume amounts to EUR 75 million.

The GTC Group has acquired a significant real estate portfolio in Germany from the Peach Property Group.

The MÁV Group will be restructured at the beginning of next year. The state railroads will be divided into 3+1 large organizational units.