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HATC SAMPLE EDITION:
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19th February, 2026
Masterplast scraps rock wool project
Masterplast announced on Tuesday that it will abandon plans to build a rock wool plant and halt production at its expanded polystyrene (EPS) factory in Italy, opened just two and a half years ago.
At the same time, the company is assessing options to expand capacity at its glass wool plant in Szerencs, completed last year.
The company said it is exploring potential state aid and tender funding, and is in advanced talks with the Hungarian Investment Promotion Agency.
The Szerencs facility, owned equally by Masterplast and Poland’s Selena Group, marked the return of glass wool production to Hungary after a 16-year hiatus.
The euro 47.5 million project received Ft 5.6 billion in non-refundable state support and currently has annual capacity of 19,000 tons. (portfolio.hu; mfor.hu)
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19th February, 2026
Richter partners with FimmCyte on novel therapy
Gedeon Richter has signed a strategic research collaboration and option licence agreement with Swiss biotech firm FimmCyte to co-develop FMC2, an investigational antibody therapy for endometriosis.
FMC2 is designed to target the underlying cause of the disease and could become the first treatment to do so.
The partnership combines Richter’s established expertise in gynaecology with FimmCyte’s immunotherapy platform and proprietary antibody technology.
According to the WHO, endometriosis affects around 190 million women worldwide. (portfolio.hu; economx.hu; mfor.hu)
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19th February, 2026
Opus Global plans Ft 1bn share buyback in April
Opus Global plans to repurchase at least Ft 1 billion of its own shares in April through fixed transactions, the company said on Wednesday.
Details of the timing and mechanics will be announced later.
On the day such fixed transactions are executed, no additional buybacks will be carried out during regular trading on the Budapest Stock Exchange.
The group has used a similar approach before: on January 30 it acquired more than Ft 2 billion worth of shares in a single day.
In its five-year strategy unveiled in 2024, Opus pledged up to Ft 10 billion in share repurchases as part of efforts to enhance shareholder value. (portfolio.hu)
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19th February, 2026
Bus drivers push for early retirement
The United Transport Trade Union (EKSZ) has become the first to join a recent initiative by railway workers calling for the reinstatement of their early retirement scheme, the union said.
The campaign was prompted by remarks at a public forum held by Construction and Transport Minister Janos Lazar in Gyor, where he signalled his openness to reviewing the possibility of restoring the scheme for engine drivers and drivers employed by the MAV group, including those at Volanbusz.
The dedicated early retirement scheme was abolished in 2012. (portfolio.hu; 24.hu; novekedes.hu; telex.hu)
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19th February, 2026
Hiventures launches Ft 1bn EU-backed startup fund
Hiventures, part of the MFB Group, has launched a Ft 17 billion venture capital fund to back early-stage Hungarian startups.
Financed from EU resources, the vehicle will target companies with technological or business innovation, with a particular focus on artificial intelligence, deeptech and healthcare, CEO Laszlo Hradszki told reporters in a background briefing.
Individual investments may reach up to euro 300,000 per company, with startups able to access funding within three months.
The fund intends primarily to invest alongside co-investors. (portfolio.hu; economx.hu; novekedes.hu; mfor.hu)
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