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-vallalkozasInsurers are increasingly relying on catastrophe bonds to transfer the record-high wildfire risks to the capital markets. The value of bond issuances that include wildfire exposure has already exceeded $5 billion this year, bringing the market close to the 2025 record - according to Bloomberg.
uzlet-vallalkozasThe Tisza government will not take over the office complex built by Bayer Construct on Bosnyák tér in Zugló. The decision and the surrounding issues were explained by György László Velkey, parliamentary state secretary of the Ministry of Foreign Affairs, in a Facebook post.
uzlet-vallalkozasThe second quarter earnings season will begin this week in Hungary, with the four major companies expected to publish their results in the coming days. On Wednesday, Magyar Telekom will report, as is typical for this telecommunications company. We will show you what the analysts expect based on the consensus, and what to watch out for in the earnings report.
uzlet-vallalkozasGerman car manufacturers and dealers are further reducing discounts on electric cars, while offering increasingly attractive deals on models with internal combustion engines. This has led to a significant increase in the actual purchase price difference between electric and traditional cars, according to Welt.
uzlet-vallalkozasThe economic effects of the April government change are already clearly visible in the stock market.
uzlet-vallalkozasA renovation pilot project to modernize the Kádár-kockák (historic buildings) has been launched in Hungary, involving several construction and financial companies. The aim is to create a practical guide that helps transform outdated buildings into modern, healthy homes without demolition, resulting in significant, potentially 90% reduction in maintenance costs. The renovation and energy efficiency will be a key topic at the Portfolio Property Investment Forum conference.
uzlet-vallalkozasCBRE Hungary and Cushman & Wakefield worked as consultants for Zeitgeist Asset Management on the sale of a 3,500 square meter plot on Lónyay utca 26, in Budapest’s 8th district. CBRE Hungary’s experts will be presenting at the Portfolio Property Forum conference, so stay tuned!
uzlet-vallalkozasExperts are also examining whether companies are fulfilling their information obligations.
uzlet-vallalkozasTomorrow, we can expect no changes in the cost of fuel.
uzlet-vallalkozasThe tax has also significantly affected various sectors, including the oil, chemical, and construction industries, in recent years.
uzlet-vallalkozasMaybank of Malaysia acquires a minority stake in its Belgian partner, Ageas, in Etiqa Insurance, for US$1.2 billion, making it the country’s largest bank the exclusive owner of the Southeast Asian insurance company - reports Bloomberg.
uzlet-vallalkozasAntal Kovács, the communications manager of MVM Paks Nuclear Power Plant, announced on Saturday that the shutdown of the Paks power plant’s blocks does not increase the security risks. He pointed out that the shutdown and restart of the blocks are routine tasks performed during planned annual maintenance. This process has been carried out approximately 160 times in the history of the facility.