275 articles
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.
uzlet-vallalkozasSoon, the winner of the title of “CFO of the Year” in Hungary will be announced. The deadline to apply for the “CFO of the Year 2026” award is September 15th, and the award will be presented at the Portfolio Future of Finance 2026 conference on September 23rd.
uzlet-vallalkozasThe Faedra Group has signed another significant financing agreement with OTP Bank: the financial institution will provide a 5 billion for-int financing for the company group’s latest Build-to-Own (BTO) logistics project - the company announced.
uzlet-vallalkozasThe week begins with a positive mood in the markets, as tensions between the United States and Iran have eased. Iran has signaled that it will suspend attacks if the US also does so. This has led to a drop in oil prices, and growth is expected in Asia and Europe. On the first workday of the week, the IFO economic sentiment index will be released in Germany, while the United States will publish statistics on the order backlog of durable goods.
uzlet-vallalkozasThere is still one week left to apply for the Green Awards, with a deadline of August 3rd. The winners of the awards will be announced on September 8, 2026, at the Sustainable World conference. Applications can be submitted by companies, organizations, or their representatives who are proud of their past achievements or sustainability efforts, whether they are small businesses, large corporations, educational institutions, or non-profit organizations.
uzlet-vallalkozasBy mid-July, Netriskné had issued 220,000 travel insurance policies, representing a 12.6% increase compared to the previous year. In the summer season, cars are the most popular mode of transport, with nearly 43,000 travelers purchasing insurance, and three-quarters of them also have vehicle assistance. Croatia is the most popular destination, and competition among insurers for travelers is increasing.
uzlet-vallalkozasOminimo, a 2-year-old Serbian-Hungarian insurtech startup, is experiencing explosive growth after closing its second investment round and achieving unicorn status, with its valuation reaching $1.6 billion. Gabor Zsarnóczi, a co-founder and CEO of the company, said that the fresh capital will be used to obtain its own insurance license, launch new products, and recruit talented employees.
uzlet-vallalkozasTo address the dairy market crisis, Bóna Szabolcs announced a 100% or 70% interest rate subsidy.
uzlet-vallalkozasSoon, the winner of the title of “CFO of the Year” in Hungary will be revealed. The deadline to apply for the “CFO of the Year 2026” award is September 15, and the award will be presented at the Portfolio Future of Finance 2026 conference on September 23.
uzlet-vallalkozasThe goal is to continue having Formula 1 in Hungary, said Prime Minister Peter Magyar on Sunday at the site of the 41st Hungarian Grand Prix, the Hungaroring.
uzlet-vallalkozasFollowing the launch of its first car just two years ago, Xiaomi aims to compete with major European premium manufacturers, such as BMW, Mercedes, and Porsche, on the German market starting in 2027. Xpeng, Li Auto, and Aito will also be joining the competition. While the first Chinese automakers gained market share with low prices and rapid growth, the next wave will focus on the most profitable segments of the premium segment.
uzlet-vallalkozasThe Greek PPC Group is entering the Hungarian energy market: its subsidiary, which deals with renewable energy, has agreed to purchase a 57.5 megawatt solar power plant in southern Hungary from Greenvolt Group, and has also obtained an option to acquire the 49 megawatt battery storage project, which is currently under development. The transaction is the first step in the Greek group’s 24 billion euro investment program for 2026-2030.
uzlet-vallalkozasAmerican AI developers are in a difficult position, as they are investing heavily in the latest top models. While they are trying to keep up with their competitors, they soon realize that they are not only competing with companies that offer paid technology, but also with laboratories that freely share their developments. This situation further complicates their ability to maintain market competitiveness.