Corporate

The Swiss food company's plant in Szerencs is expanding its energy supply with a new solar park with an annual capacity of 1.5 GW.

MOL and KazMunayGas (KMG) have signed a co-operation agreement to exploit joint opportunities in Kazakhstan's oil and gas and petrochemical sectors.

Last year's unfavourable economic climate also had an impact on the performance of the region's 500 largest companies.

From January, micro-enterprises will be able to return to the universal tariff at reduced electricity prices. This was announced by Energy Minister Csaba Lantos.

Seven Central Eastern European stock exchanges and the EBRD have signed a groundbreaking agreement in Bratislava to develop the regional capital markets.

The entrepreneur Dániel Jellinek receives approval from the competition authority for the takeover of the Auchan hypermarket chain in Hungary.

The pharmaceutical group's consolidated sales totalled HUF 636.4 billion in the first nine months (+5.5% year-on-year).

The state development bank has taken out a ‘mega-loan’ with a volume of 150 billion forints (365 million euros).

The country's leading commercial bank recorded an excellent result in the third quarter, mainly thanks to strong foreign subsidiaries.