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Hungary Home Prices Climb 23.5% in 2025

D&T
May 20, 2026

Home prices in Hungary rose 23.5% year-on-year in 2025, climbing at the fastest pace in the past 25 years, the National Bank of Hungary (MNB) highlighted in a report published on Wednesday. In real terms, home prices increased 19.0% last year. In the fourth quarter of 2025, home prices were 22.5% higher than the level […]

Tourism Association: 3rd-Country Workers Essential

D&T
May 20, 2026

The Hungarian Hotels and Restaurants Association (MSZESZ) and the Hungarian Hospitality Employers' Association (VIMOSZ) hope for constructive professional consultation on introducing stricter measures for the employment of third-party country nationals as they are essential for dealing with sectoral labor shortage. VIMOSZ head Pál Zoltán Gál told MTI on Wednesday that several tourist attractions, restaurants, and […]

Graphisoft: Global Changes in the Design Software Market

D&T
May 20, 2026

The design software market is changing worldwide, and Graphisoft has restructured its sales system accordingly, executives from the company – which develops design software for architecture – said at a press conference in Budapest on Tuesday. Tamás Bayer, Graphisoft’s sales director, explained that by introducing direct sales, they can establish a direct relationship with their users and […]

Record Set at Heineken Table Soccer Marathon

D&T
May 19, 2026

Heineken’s record attempt was a success: this past Saturday, more than 600 people played together on a nearly seven-meter-long giant foosball table set up at Erzsébet Square in downtown Budapest, and the two teams scored more than 700 goals, the brewing company says in a statement This set a new Hungarian record; “to our knowledge, […]

Leasing Market Continued to Expand in Hungary in Q1

D&T
May 19, 2026

The leasing market continued to expand in Hungary in the first quarter of 2026, with both the volume of new financing and the number of contracts on the rise, the Hungarian Leasing Association told MTI on Tuesday. The total value of new financing approached HUF 222 billion, representing a 6% year-over-year increase. The number of […]

BMW Receives 50,000 Orders for ix3 at Debrecen Plant

D&T
May 19, 2026

Around 50,000 orders have been received so far for the iX3, the first Neue Klasse model produced at the BMW Group's Debrecen plant, and demand is expected to remain strong even after 2026, the German vehicle maker’s VP Glenn Schmidt said at a press event on Tuesday. As the model is performing much better than […]

CERN Council Extraordinary Session in Budapest

D&T
May 19, 2026

The CERN Council, the supreme decision-making body of the European Organization for Nuclear Research, will hold its extraordinary session on Friday at the headquarters of the Hungarian Academy of Sciences (MTA) in Budapest. The CERN Council, which represents researchers from 25 member states including Hungary, will decide on the review and renewal of the European […]

Gov't Support for Champions League Final Organizers

D&T
May 19, 2026

The new Hungarian government fully supports the organizers of the UEFA Champions League final in Budapest, as well as the transport companies and law enforcement agencies, as its successful organization is in the national interest, Transport and Investment Minister Dávid Vitézy wrote on social media on Tuesday. With the final just 12 days away, "numerous […]

Government to Review Restrictions on Guest Workers

D&T
May 19, 2026

The new Hungarian government is expected to decide on restrictions on the employment of guest workers from countries outside of the European Union at a cabinet meeting in the coming week, a government spokesperson said. Prime Minister Péter Magyar has asked the economy and energy minister and the social and family affairs minister to coordinate […]

Stable First Quarter at ANY Security Printing Company

D&T
May 18, 2026

ANY Security Printing Company closed the first quarter of 2026 with HUF 2.7 billion net results, and HUF 187 EPS, the company has announced on the website of the Budapest Stock Exchange. The report says ANY Security Printing Company generated revenue of HUF 17.192 billion in the first quarter of 2026. Consolidated net profit for […]

MNB Governor: Eurozone Accession Not 'End in Itself'

D&T
May 18, 2026

Meeting the criteria necessary for joining the eurozone is in Hungary's interest, but adopting the common currency should not be seen as "an end in itself," Mihály Varga, the governor of the National Bank of Hungary (MNB), said at a conference in Budapest on Monday. Opening the 11th Lámfalussy Conference, Mihály Varga said the time […]

K+H Bank: Full-Year Bank Levy, Windfall Profit Tax Booked in Q1

D&T
May 18, 2026

K+H Bank, the Hungarian unit of Belgian's KBC, had a first-quarter loss of HUF 19 billion as it booked the full amount it must pay for the year on the bank levy and windfall profit tax, the lender said on Monday. K+H Bank booked HUF 58 billion for the bank levy and windfall profit tax […]

General Government Gross Debt at 77,9% of GDP

D&T
May 18, 2026

General government consolidated gross debt at nominal value was 77,9% of GDP, amounting to HUF 69,012 billion, at the end of 2026 Q1. According to preliminary financial accounts data, general government net lending was equal to -5.6% (HUF -4,964 billion) of Hungary’s GDP in the four quarters to 2026 Q1. General government net lending amounted […]

No Immediate Hantavirus Public Health Threat in Hungary

D&T
May 18, 2026

Hantavirus currently poses no immediate epidemiological threat in Hungary, Health Minister Zsolt Hegedűs said late on Sunday. Commenting on several news reports in recent days regarding a case in Arad County, SW Romania, he said on a social media site that there are no known infected Hungarians, nor is there any known Hungarian who may […]

March of the Living in Budapest

D&T
May 17, 2026

Speakers at the March of Living event in Budapest on Sunday afternoon emphasized the importance of combatting indifference and hatred, as well as the duty of remembrance. At the end of the march commemorating the victims of the Holocaust, Budapest mayor Gergely Karácsony spoke of a divided country now giving itself a new chance to […]

Consumer Confidence Index at a 5,5-Year High in May

D&T
May 17, 2026

According to a survey conducted by the GKI Economic Research Co. – with the support of the EU –, public expectations improved significantly, to levels not seen in 5.5 years. The GKI Consumer Confidence Index increased by 16.1 points. Such a positive monthly shift has never been seen in the more than 30-year history of […]

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