Corporate

MOL has acquired Naperőmű Farm Kft. from Optimum Vogt Kft. - a subsidiary of Ib vogt Ltd.

Bence Katona succeeds Levente Sipos-Tompa at the head of the state development bank MFB.

The leading index continued to climb in mid-December, but the contract volume is no longer outstanding.

Mercedes-Benz Manufacturing Hungary Kft. has confirmed information from the local portal kecsup.hu that production at the plant will be suspended for a month.

The state has reduced its stake in the bank holding company from 28.3% to 20%. The majority of the shares went to MBH Bank.

‘We will start producing compact BEV models in Europe next year.’ BYD's European head said in an interview for the business magazine ‘Capital’.

Terrán Kft. has further developed its Generon solar roof tiles in collaboration with Budapest University of Technology (BME).

Minister Nagy said local businesses, especially SMEs, needed to become more efficient and boost productivity to preserve the country's competitiveness and keep up with wage increases.

The leading telecoms and IT company recorded impressive sales growth of over 20% in the first nine months of the year.

Alteo has expanded its presence in the Hungarian wind power sector with the complete acquisition of Mov-R.