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December 19, 2022

BDPST Group acquires Budapest Gellért Hotel

The BDPST Group acquires the Budapest Gellért Hotel from the Indotek Group. The BDPST Group currently has several large hotel projects in the capital.

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BDPST Group kauft Budapester Gellért Hotel / BDPST Group acquires Budapest Gellért Hotel

December 16, 2022

Masterplast-Market – Insulation plants in Hungary and Serbia

The Masterplast Group and Market Építő Zrt. signed a strategic cooperation agreement to build two new factories for the production of stone wool insulation in Hungary and Serbia.

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Masterplast-Market - Dämmstoffwerke in Ungarn und Serbien / Masterplast-Market - Insulation plants in Hungary and Serbia

December 15, 2022

V-Híd Zrt. and AZD Praha established joint venture

The Hungarian V-Híd Zrt. establishes a joint venture with the Czech company AZD Praha to manufacture railway safety equipment.

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V-Híd Zrt.-AZD Praha gründeten Joint Venture / V-Híd Zrt. and AZD Praha established joint venture

December 13, 2022

Government Debt Management Agency issued USD bond

Hungary has issued a USD 400 million (approx. HUF 160 billion) foreign currency bond issue in a closed loop in response to direct requests from investors.

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Schuldenverwaltungszentrale emittierte USD-Anleihe / Government Debt Management Agency issued USD bond

December 12, 2022

Green Court Offices sold to SCPI Affinités Pierre

On behalf of the French real estate investor SCPI Affinités Pierre, Groupama Gan REIM has acquired the Green Court Office complex for EUR 77.1 million.

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SCPI Affinités Pierre - Kauf des Green Court Office / Green Court Offices sold to SCPI Affinités Pierre

December 9, 2022

Tax on extra profit on fuel increased significally

The government will take almost all extra profit from Russian oil from December 8 due to the Brussels oil sanctions.

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Steuer für Übergewinne auf Rohöl deutlich angehoben / Tax on extra profit on fuel increased significally

December 8, 2022

Teva – Capacity expansion in Debrecen

The Israeli-owned Teva Group handed over a new plant in Debrecen. The investment worth almost USD 23 million serves to increase capacity.

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Teva - Kapazitätserweiterung in Debrecen / Teva - Capacity expansion in Debrecen

December 6, 2022

MVM Zöld Generáció Kft. – Solar park next to Debrecen Airport

MVM Zöld Generáció Kft. has installed a 28.8 megawatt photovoltaic system between the airport and the southern industrial area of Debrecen.

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MVM Zöld Generáció Kft. - Solarpark neben Flugplatz Debrecen / MVM Zöld Generáció Kft. - Solar park next to Debrecen Airport

December 5, 2022

Chemark increased capacity

With an investment of EUR 13 million, Chemark Zrt. inaugurated a plant in the Peremarton industrial park (Veszprém county).

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Chemark erhöhte Kapazitäten / Chemark increased capacity

December 2, 2022

Audi Hungaria establishes own SCC subsidiary

Audi Hungaria Zrt. is expected to establish a subsidiary in the first quarter of 2023. Some of the competence-based services will be outsourced as part of the Ahead brand.

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Audi Hungaria gründet eigene SCC-Tochter / Audi Hungaria establishes own SCC subsidiary

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