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March 13, 2023

Saint-Gobain Kft. – REVCO acquisition

Saint-Gobain Hungary Kft. has acquired the Hungarian company REVCO Kft. Within 26 years REVCO developed into a major player in facade plaster, interior and exterior wall paints.

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Saint-Gobain Kft. - Akquisition von REVCO / Saint-Gobain Kft. - REVCO acquisition

March 10, 2023

Trive Financial Holding – Acquisition of Sopron Bank

Dutch-based Trive Financial Holding has acquired Sopron Bank. This was a regional bank in western Hungary with a 20-year history.

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Trive Financial Holding - Übernahme der Sopron Bank / Trive Financial Holding - Acquisition of Sopron Bank

March 9, 2023

Mol Magyarország – Hydrocarbon and shallow gas

Hydrocarbon exploration in the Üllő area of the Dány concession area looks promising. The oil company has been exploring for hydrocarbons on the outskirts of Üllő since the end of February.

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Mol Magyarország - Kohlenwasserstoff und Flachgas / Mol Magyarország - Hydrocarbon and shallow gas

March 7, 2023

Baross Capital Program – Another 600 Billion for the economy

Following the Baross Gábor Reindustrialization Program, the government has now launched the Baross Capital Program.

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Baross-Kapitalprogramm - Weitere 600 Milliarden für die Wirtschaft / Baross Capital Program - Another 600 Billion for the economy

March 6, 2023

Continest Technologies Zrt. – Innovative charging stations

Continest Zrt. develops and manufactures foldable containers and now presented CONTeGO, a mobile and modular charging station for electric cars, in Székesfehérvár.

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Continest Technologies Zrt. - Innovative Ladestationen / Continest Technologies Zrt. - Innovative charging stations

March 3, 2023

Lipóti Tóth és Társai Zrt. – Hungary’s largest baking plant opened

Lipóti Tóth és Társai Zrt. inaugurated its baking plant in Hatvan, which was built with an investment of HUF 20 billion (EUR 52.6 million).

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Lipóti Tóth és Társai Zrt. - Größten Backbetrieb Ungarns übergeben / Lipóti Tóth és Társai Zrt. - Hungary's largest baking plant opened

March 2, 2023

Investments – Only slight growth in 2022

In 2022, investments increased by only 1% year-on-year. In the 4th quarter of 2022 the volume of investments decreased by 6.3% compared to the same period of the previous year.

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Investitionen - Nur geringer Zuwachs in 2022 / Investments - Only slight growth in 2022

February 28, 2023

Housing construction – Only slight increase

Last year, 20,540 new housing units were handed over, according to the statistical data for 2022 now published.

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Wohnungsbau - Nur leichter Anstieg / Housing construction - Only slight increase

February 27, 2023

Robert Bosch Power Tool – Two major projects in Miskolc

Robert Bosch Power Tool Kft. is investing around EUR 180 million (HUF 70 billion) in two major projects in Miskolc by the end of 2024.

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Robert Bosch Power Tool - Zwei Großprojekte in Miskolc / Robert Bosch Power Tool - Two major projects in Miskolc

February 24, 2023

Mavir Zrt. – Large network expansion

Electricity transmission system operator Mavir Zrt. will invest HUF 400 billion (EUR 1 billion) in grid expansion in the medium term.

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Mavir Zrt. - Großvolumiger Netzausbau / Mavir Zrt. - Large network expansion

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