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The Mol announcement was a major surprise – we haven't seen anything like it since 2022.
Featured Analysis

The Mol announcement was a major surprise – we haven't seen anything like it since 2022.

Mol achieved significant performance in the second quarter of 2023, which was not seen since the 2022 energy crisis. The Downstream segment reached a record high, due to increased margins, normalized product supply, and the return of Russian oil. The Upstream segment also achieved strong results, making the third quarter the strongest in the period, with net profit exceeding analyst expectations by nearly 60 percent. The reasons and sustainability will also be examined.

Latest Dispatches

Dietary supplements used for training have been recalled in Hungary: They are asking that they not be consumed. uzlet-vallalkozas

Dietary supplements used for training have been recalled in Hungary: They are asking that they not be consumed.

According to a notification received from the European Union’s Rapid Alert System for Food and Feed (RASFF), the ingredient treakreatin-malate was identified in certain dietary supplements. The affected products were sold in the Shopbuilder online store operated by BioTechUSA Kft., according to the National Trade and Consumer Protection Authority.

Portfolio.hu - Üzlet
BMW is preparing for significant staff reductions, potentially affecting thousands of employees. uzlet-vallalkozas

BMW is preparing for significant staff reductions, potentially affecting thousands of employees.

BMW is launching a voluntary early retirement program for thousands of its German employees in order to become more competitive against Chinese manufacturers. The majority of the planned worldwide reduction of approximately 8,000 employees will come from layoffs in Germany, affecting roughly 5 percent of the company’s total workforce, according to Bloomberg.

Portfolio.hu - Üzlet
Changes have been made to the EU's AI regulation, here are the details. uzlet-vallalkozas

Changes have been made to the EU's AI regulation, here are the details.

The European Union has approved the first major revision of its artificial intelligence (AI) regulation, the Digital Omnibus AI package, which extends the deadlines for certain obligations. This change was also highlighted by Council Member of Science and Technology, Zoltán, in a Facebook post.

Portfolio.hu - Üzlet
The 911 was seized, and Porsche's profits soared. uzlet-vallalkozas

The 911 was seized, and Porsche's profits soared.

Porsche has shifted its sales towards higher-margin 911 sports cars, which helped the luxury car manufacturer maintain profitability and meet its annual targets, according to Bloomberg.

Portfolio.hu - Üzlet
The Mercedes factory in Kecskemet has a significant advantage over German factories. uzlet-vallalkozas

The Mercedes factory in Kecskemet has a significant advantage over German factories.

The Mercedes plant in Kecskemet operates with approximately 70 percent lower costs than the company’s German factories, according to the company’s calculations, writes Welt. This significant difference plays an increasingly important role in Mercedes’ production strategy, while the German automaker is trying to respond to industry challenges with further cost reductions and reorganization of production.

Portfolio.hu - Üzlet
Is a garage still a good investment? - Interesting data has arrived. uzlet-vallalkozas

Is a garage still a good investment? - Interesting data has arrived.

According to the latest analysis by zenga.hu, the number of cars in Hungary is constantly increasing, while the number of parking spaces in public areas is barely changing. This means that having a private garage or parking space is no longer just a convenience, but a valuable asset. The analysis also highlighted that the rental income from garages is currently not higher than the rental income from apartments.

Portfolio.hu - Ingatlan
Are you selling your apartment? - The tax authority publishes the most important information. uzlet-vallalkozas

Are you selling your apartment? - The tax authority publishes the most important information.

It is important that tenants always have a valid rental agreement for the rented apartment, and it is advisable to document the payment of the monthly rent. The simplest way is for tenants to pay by bank transfer and to indicate the date and rental amount in the reference field, according to the National Tax and Customs Authority (NAV), which announced this to MTI on Wednesday.

Portfolio.hu - Ingatlan
Bloodletting begins among star stocks - Has a new favorite emerged for investors? uzlet-vallalkozas

Bloodletting begins among star stocks - Has a new favorite emerged for investors?

The Kospi index in South Korea fell by 11 percent, mainly due to the sharp decline in the shares of Samsung and SK Hynix. In Europe, investors became uncertain after an initial positive mood. In the United States, chip stocks, such as Micron, SanDisk, Amkor, Dell, and Intel, continue to experience sharp declines. The upcoming earnings reports of major technology companies will play a key role in the future outlook for chip stocks.

Portfolio.hu - Üzlet