List of companies of Hungary

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Location of Hungary EU-Hungary.svg
Location of Hungary

Hungary is a unitary parliamentary republic in Central Europe. It covers an area of 93,030 square kilometres (35,920 sq mi), situated in the Carpathian Basin and bordered by Slovakia to the north, Romania to the east, Serbia to the south, Croatia to the southwest, Slovenia to the west, Austria to the northwest, and Ukraine to the northeast. With about 10 million inhabitants, Hungary is a medium-sized member state of the European Union. The official language is Hungarian, which is the most widely spoken non-Indo-European language in Europe. [1] Hungary's capital and largest metropolis is Budapest, a significant economic hub, classified as an Alpha- global city. [2] Major urban areas include Debrecen, Szeged, Miskolc, Pécs and Győr.

Contents

Hungary is a middle power and has the world's 57th largest economy by nominal GDP, as well as the 58th largest by PPP, out of 188 countries measured by the IMF. As a substantial actor in several industrial and technological sectors, it is both the world's 36th largest exporter and importer of goods. Hungary is a high-income economy with a very high standard of living. It keeps up a social security and universal health care system, and a tuition-free university education.

For further information on the types of business entities in this country and their abbreviations, see "Business entities in Hungary".

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active     State-owned     Defunct
NameIndustrySectorHeadquartersFoundedNotes
ASL Airlines Hungary Consumer servicesAirlines Budapest 1990Airline, part of ASL Airlines Ireland
Association of Hungarian Record Companies Consumer servicesBroadcasting & entertainment Budapest 1992Music association
Balabit TechnologyComputer services Budapest 2000IT security solution
BKV Zrt. Consumer servicesTravel & tourism Budapest 1968Public transport
Borsod Brewery Consumer goodsBrewers Bőcs 1969Brewery
BorsodChem Basic materialsSpecialty chemicals Budapest 1949Chemicals
Budapest Aircraft Service Consumer servicesAirlines Budapest 1991Charter airline
CBA Consumer servicesFood retailers & wholesalers Alsónémedi 1992Supermarket chain
AMC Networks International Central Europe Consumer servicesBroadcasting & entertainment Budapest 2014Television network, part of AMC Networks International (UK)
CIB Bank FinancialsBanks Budapest 1979Commercial bank
Cinema City Hungary Consumer servicesRecreational services Budapest 1997 [3] Cinemas, part of Cinema City International
CityLine Hungary Consumer servicesAirlines Vecsés 2003Airline
CLS Music Consumer servicesBroadcasting & entertainment Budapest 2002Record label
Corvin Film Consumer servicesBroadcasting & entertainment Budapest 1914Silent film studio, defunct 1925
Corvus Hungary IndustrialsAerospace Ballószög 2011Aircraft
Csepel Consumer goodsAutomobiles Szigetszentmiklós 1944Vehicles, defunct 1996
Danubius Hotels Group Consumer servicesHotels Budapest 1972International hotels
Digital Reality TechnologySoftware Budapest 1991Video games, defunct 2013
Dreher Brewery Consumer goodsBrewers Budapest 1854Brewery, part of SABMiller (UK)
Emfesz UtilitiesGas distribution Budapest 2003Natural gas distributor
Fegyver- és Gépgyár IndustrialsBuilding materials & fixtures Budapest 1891 HVAC, part of MPF Industry Group (Singapore)
FHB Mortgage Bank FinancialsBanks Budapest 1997Mortgage bank
Ganz Works Consumer goodsAutomobiles Budapest 1844Tramcars
Richter Gedeon Co. Health carePharmaceuticals Budapest 1901Pharmaceuticals
Gramy Records Consumer servicesBroadcasting & entertainment Budapest 1999Record label
Graphisoft TechnologySoftware Budapest 1982Computer software development
Gundel Consumer servicesRestaurants & bars Budapest 1910Restaurant
Győri Keksz Consumer goodsFood products Győr 1880Foods
Hálózat TV Consumer servicesBroadcasting & entertainment Budapest 2002Television broadcasting company, defunct 2013
Hell Energy Consumer goodsFood & beverage Miskolc 2006Soft drinks
Herend Porcelain Manufactory Consumer goodsDurable household products Herend 1826Porcelain manufacturer
Hungarian National Bank FinancialsBanks Budapest 1924Central bank
Hungarian State Railways IndustrialsRailroads Budapest 1869National railways
Hungaroton Consumer servicesBroadcasting & entertainment Budapest 1951Record label
Hunnia Film Studio Consumer servicesBroadcasting & entertainment Budapest ?Film studio
Ikarus Bus IndustrialsCommercial vehicles & trucks Budapest 1895Bus manufacturer
International Training Center for Bankers FinancialsBanks Budapest 1988Financial consultancy
Invictus Games TechnologySoftware Debrecen 2000Video games
IP Systems TechnologySoftware Budapest 2008IT solution provider
iWiW TechnologyInternet Budapest 2002Social network service, defunct 2014
K&H Bank FinancialsBanks Budapest 1987Commercial bank
Lehel Consumer goodsDurable household products Jászberény 1945Appliances, now part of Electrolux (Sweden)
Magyar Posta IndustrialsDelivery services Budapest 1867Postal administration
Magyar Telekom TelecommunicationsFixed line telecommunications Budapest 1991Telephone and internet, part of Deutsche Telekom (Germany)
MAL Hungarian Aluminium Basic materialsAluminum Ajka 1995Aluminum
Malév Consumer servicesAirlines Budapest 1956Airline, defunct 2012
Match Consumer servicesFood retailers & wholesalers Budapest 1952Supermarkets, part of Louis Delhaize Group (Belgium)
MKB Bank FinancialsBanks Budapest 1950Commercial bank
MOL Group Oil & gasExploration & production Budapest 1957Petrol and gas
MTVA Consumer servicesBroadcasting & entertainment Budapest 2011National media provider
MVK Zrt. Consumer servicesTravel & tourism Miskolc 1954Public transport
MVM Group UtilitiesConventional electricity Budapest 1948Power, electricity distribution
NeocoreGames TechnologySoftware Budapest 2005Video games
Oncotherm Health careMedical equipment Budapest 1988Medical devices
Organica Technologies UtilitiesWater Budapest 1998 Wastewater treatment plants construction
Orion Electronics IndustrialsElectronic equipment Budapest 1913Microelectronics
OTP Bank FinancialsBanks Budapest 1949Financial services
Pannon TelecommunicationsMobile telecommunications Törökbálint 1994Telecommunications, part of Telenor (Norway)
Pannonia Film Studio Consumer servicesBroadcasting & entertainment Budapest 1956Animation studio
Panrusgáz Oil & gasExploration & production Budapest 1994Natural gas
Pécs Brewery Consumer goodsBrewers Pécs 1848Brewery
Pick Szeged Consumer goodsFood products Szeged 1869Cold cuts
Prezi TechnologySoftware Budapest 2009Visual storytelling software development
Puli Space Technologies IndustrialsAerospace Budapest 2010Space technology
Rába Consumer goodsAutomobiles Győr 1896Vehicles
Scarab Research TechnologySoftware Budapest 2009Research
State Printing Company Consumer servicesPublishing Budapest 1851Printing
Szerencsejáték Zrt. Consumer servicesGambling Budapest 1991Gambling service provider
Takarékbank FinancialsBanks Budapest 1989Financial services
ThalesNano IndustrialsElectronic equipment Budapest 2002 Flow chemistry products
Tisza Cipő Consumer goodsClothing & accessories Martfű 1942Apparel
Törley Consumer goodsDistillers & vintners Budapest 1882Champagne producer
Travel Service Consumer servicesAirlines Budapest 2001Airline
TriGránit FinancialsReal estate holding & development Budapest 1997Development
Tungsram IndustrialsElectrical components & equipment Újpest 1896Vacuum tubes, light bulbs, now part of General Electric (USA)
Turner Broadcasting System Hungary Consumer servicesBroadcasting & entertainment Budapest ?Part of Time Warner (USA)
UPC Magyarország TelecommunicationsFixed line telecommunications Budapest 1998Telecommunications, part of Liberty Global (USA)
Videoton Consumer goodsConsumer electronics Székesfehérvár 1938Electric goods
VirusBuster TechnologyComputer services Budapest 1997Computer security
Vodafone Hungary TelecommunicationsMobile telecommunications Budapest 1999Mobile, part of the Vodafone Group (UK)
Wizz Air Consumer servicesAirlines Budapest 2003Airline
Zen Studios TechnologySoftware Budapest 2003Video games
Zsolnay Consumer goodsDurable household products Pécs 1853Porcelain manufacturer
Zwack Consumer goodsDistillers & vintners Budapest 1790Short drinks

See also

Related Research Articles

Economy of Hungary National economy

The economy of Hungary is a high-income mixed economy, ranked as the 10th most complex economy according to the Economic Complexity Index. Hungary is a member of the Organisation for Economic Co-operation and Development (OECD) with a very high human development index and a skilled labour force, with the 13th lowest income inequality in the world. The Hungarian economy is the 57th-largest economy in the world with $265.037 billion annual output, and ranks 40th in the world in terms of GDP per capita measured by purchasing power parity. Hungary has an export-oriented market economy with a heavy emphasis on foreign trade; thus the country is the 35th largest export economy in the world. The country had more than $100 billion of exports in 2015, with a high trade surplus of $9.003 billion, of which 79% went to the EU and 21% was extra-EU trade. Hungary's productive capacity is more than 80% privately owned, with 39.1% overall taxation, which funds the country's welfare economy. On the expenditure side, household consumption is the main component of GDP and accounts for 50% of its total, followed by gross fixed capital formation with 22% and government expenditure with 20%. In 2009 Hungary, due to strong economic difficulties, had to request the help of the IMF for about €9 billion.

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References

  1. Rosenhouse, J.; Kowner, Rotem (2008). Globally speaking: motives for adopting English vocabulary in other languages – Google Books. ISBN   9781847690517 . Retrieved 20 September 2010.
  2. "Globalization and World Cities (GaWC) Research Network, Loughborough University". www.lboro.ac.uk. 13 April 2010. Retrieved 25 November 2016.
  3. Cinema City - Home Page