Largest Listed Companies in Hungary by Market Capitalization

Founded on 18 January 1864 on the banks of the Danube in Pest, the Budapest Stock Exchange (BSE) ranks as the third largest stock exchange in Central and Eastern Europe by market capitalization and liquidity. Re-established in 1990, the BSE lists around 71 companies and trades exclusively in Hungarian Forint (HUF). The Hungarian National Bank holds an 81.35% equity stake in the exchange.

The BUX index — a free-floating, capitalization-weighted total return index — tracks the performance of up to 25 of the largest Hungarian companies on the BSE’s Equities Prime Market. It was one of the first indices in the world to adopt free-float capitalization weightings, doing so in October 1999. The main sectors and leading names include:

  • Banking: OTP Bank — the largest commercial bank in Hungary, operating across 11 countries in Central and Eastern Europe
  • Energy: MOL Group — an integrated oil and gas company with exploration, production, and refining across the region
  • Pharmaceuticals: Gedeon Richter — one of the largest pharmaceutical firms in Central and Eastern Europe, with 31.35% of shares held by the Hungarian state
  • Telecommunications: Magyar Telekom — the Hungarian subsidiary of Deutsche Telekom
  • Banking: MBH Bank — another major commercial bank listed on the BSE

Notably, the Budapest Stock Exchange itself went public on 21 June 2023, on the 33rd anniversary of its re-establishment. The only ETF that tracks the BUX index is the Expat Hungary BUX UCITS ETF (ticker: HUBE), listed on the Frankfurt Stock Exchange’s Xetra segment. For those interested in neighbouring markets like the Czech Republic or Poland, the BSE serves as a natural regional comparison.

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The table below ranks the largest Hungarian publicly traded companies by market capitalization, with live prices updated from the Budapest Stock Exchange:

Largest listed companies in Hungary
StockPriceChange %Marketcap
HUF2,875.000.52%844.47B
HUF236.000.00%10.97B
HUF4,330.000.23%86.30B
HUF260.000.00%3.38B
HUF7,060.001.40%101.28B
HUF305.000.00%83.95B
HUF43.000.00%2.52B
HUF48.901.88%18.73B
HUF31.800.00%3.85B
HUF216.000.00%1.96B
HUF8,600.000.00%206.40B
MOL.BD
MOL Group
MOL.BD
HUF3,880.000.87%3.10T
HUF1,370.000.00%12.80B
NUTEX.BD
NUTEX PLC
NUTEX.BD
HUF15.000.00%1.95B
HUF493.000.61%264.60B
OTP.BD
OTP Bank
OTP.BD
HUF35,950.000.83%9.13T
HUF3,520.000.28%47.00B
HUF1,010.001.00%6.73B
HUF925.000.00%18.50B
HUF34,800.000.00%69.60B