Budapest Stock Exchange

For many years, CODEX was almost exclusively known to customers as a printing house for securities, but this has changed in recent years: thanks to its foldable labels, it is now also a major player in the so-called secondary packaging industry. Thanks to strong digitalisation, there is a growing role for many special printed products, such as security labels.

Launched earlier in the US than in Hungary, Control-X Medical Kft. employs barely thirty people, yet has managed to gain a foothold among world-renowned competitors in the X-ray equipment market.

The team at the core of the company started working together and forming a friendship fifteen years ago at university, and the passionate love of IT has not waned at DAMIT ever since. Alongside their dedication and enthusiasm, the owners have retained their core philosophy, of providing value in return for customer trust above profit.

DML stands for Digital Magnetic Light. The company started with the sale of this lighting technology, but modernisation and development projects were soon complemented with their implementation. The next milestone was more complex energy efficiency projects, where they also arranged the bank financing. And last year, they also started to build solar power plants and general construction projects.

At the first glance, DunaPro, Hungary’s first—and currently the market leading— privately owned distribution company, which has been distributing global brands since 1992, is a success story of the political changes in 1989-1990. However, if you take a closer look, the history of the company is far from ordinary, just as the attitude and vision of the management is unique in Hungary.

Started in 1995 as a design studio with just four employees, DVM Design Kft. has grown to a company with 150 employees offering integrated architectural and construction services. At the beginning of the year, the three former DVM legal entities merged to form DVM Group Kft., the first step in a 2-3 year strategic transformation process.

From the beginning, the company has targeted multinational clients. The planned listing on the stock exchange is a good reference for international companies working in a similar environment.

EU-Solar started in the retail segment of the solar industry, its most difficult segment, and has quickly become a dominant market player. The company, which started as a small business, now has a nationwide network of contractors, a sales team of several hundred people, and also shares its knowledge as an adult education institution for those interested in the profession. After patenting industrial innovations for electric car charging stations, the next step is the world of manufacturing and export.

Florin, which has been operating since the 1950s, was one of the three big Hungarian household chemicals and cosmetics companies before the political changes in 1989- 1990 and, after a long period of agony, it almost went bankrupt. However, its new owner has pulled it out of the doldrums—it can now supply the whole country with disinfectants, compete with multinationals and expand into foreign markets.

Abandoning its original vision of installing vending machines, the company started distributing and then manufacturing convenience foods. They were years ahead of the market, but the owners had the patience to wait for the western trend to arrive in Hungary.