In addition to the teams, tens of thousands of fans and guests will arrive in Budapest for this highly anticipated global event, traveling on both chartered and commercial flights. In addition to its usual daily passenger traffic, Budapest Airport, the operator of the Hungarian capital's Ferenc Liszt International Airport, will need to handle tens of […]

The Budapest Stock Exchange’s leading index, the BUX, closed the week down, losing nearly 1.5% of its value. Most leading stocks weakened, with Richter and Mol performing particularly poorly. Meanwhile, flash reports from several large companies and a revision of OTP’s target price also moved the market, the business site penzcentrum.hu quotes MTI’s summary. Amid […]

Hungary ranks 19th globally in the use of artificial intelligence, according to a Microsoft survey covering 147 countries, and among the Visegrád countries, Hungary has the highest rate of artificial intelligence usage, MTI reports. According to a Microsoft announcement, 32.2% of the working-age population in Hungary used artificial intelligence in the first quarter of 2026, […]

Éva Hegedüs, Chairwoman and CEO of Gránit Bank Plc. and the association’s former secretary-general, was elected president by a unanimous vote by the Hungarian Economic Association (MKT), the organization announced to MTI on Sunday. According to the announcement, Éva Hegedüs succeeds Gyula Pleschinger who was nine years in the position. Gyula Pleschinger was elected honorary […]

When determining the sovereign ratings, the credit rating agencies also consider the World Bank’s World Governance Indicators (WGI), albeit with different weights. The WGI examines six institutional areas: freedom of speech and accountability, political stability, government effectiveness, regulatory quality, rule of law, and the development of corruption control. GKI Economic Research Institute examined how these […]

Hungarian oil and gas company MOL has set up an investigative committee to probe into the circumstances of an accident that occurred at the Olefin-1 petrochemical plant in Tiszaújváros, in north-east Hungary, the company told MTI on Saturday. One person was killed and nine injured in the Friday morning explosion in the plant. The company […]

In its assessment of the current situation in Hungary, presented in London on Friday, Moody’s Ratings published an overall assessment stating that the affirmed "Baa2" rating is supported by the diversified Hungarian economy, which is delivering moderate growth, as well as Moody's expectation that relations between Hungary and the EU will improve under the new […]

The government is reversing Hungary's withdrawal from the International Criminal Court (ICC) and revokes the termination of the court's statute and the agreement on the privileges and immunities of the court, in line with government resolutions published in the official government gazette on Friday night, MTI reports. According to one of the resolutions, the government […]

The Hungarian oil and gas company MOL Plc. notified the capital markets Friday evening on the website of the Budapest Stock Exchange that it received an official license from the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”) to continue negotiations on the purchase of a majority shareholding of Naftna […]

Hungary's cash flow-based general government deficit reached HUF 3,849.8 billion at the end of April, 91.3% of the full-year target, a detailed report released by the Finance Ministry, and reviewed by MTI, on Friday shows. The central budget deficit reached HUF 3,743.4 billion and the social security funds were HUF 150.3 billion in the red, […]

First-quarter after-tax profit of listed real estate broker DH Group climbed 55% year-on-year to HUF 0.9 billion, an earnings report released on the Budapest Stock Exchange and reviewed by MTI. Net sales revenue at DH Group (which includes Duna House in Hungary) increased 29% to HUF 12.9 billion. Domestic sales reached HUF 2.5 billion, while […]

The Hungarian economy is expected to grow by 1.4% this year and 2.2% next year, while average annual inflation could accelerate to 4.5% in 2027 from 3.2% this year, due to rising energy prices and the potential partial phasing out of certain price-capping measures, Erste Bank shared its latest forecast with MTI. The bank’s analysts […]

The volume of investments was 0.5% lower, according to raw data, in the 1st quarter of 2026 than in the same period of the previous year, the Central Statistical Office (KSH) reports. Compared with the previous quarter, the total value of investments – according to seasonally adjusted data – lessened by 0.4% at comparative prices. […]

The domestic wage level and minimum wage in Hungary put the country at the bottom of the European Union rankings – yet another challenge facing the new government that is getting settled. A new study looks at how much of an increase would remain economically sustainable. Between 2010 and 2019, domestic wages were characterized by […]

Every member of the Hungarian team returned with a medal from the European Girls' Olympiad in Informatics (EGOI) in Cesenatico, Italy, winning two golds, one silver and one bronze, Eötvös Lóránd University (ELTE) said on Thursday. The competition, held for the sixth time from May 12 to 18, aims to inspire more girls to pursue […]

The National Investigation Office of Hungary's Standby Police (KR NNI), along with its consortium partners, has secured EUR 5 million in EU funding until July 2029 to enhance the detection and prevention of cross-border drug trafficking and related crimes, the KR NNI director announced at the program's launch in Budapest on Thursday. The DELTA program, […]