The incoming minister of economy and energy, István Kapitány said kickstarting economic growth was one of the most important pillars of building a functioning Hungary in a video posted on social media on Saturday. István Kapitány said manoeuvering an economy was more like steering a mother ships than a sailboat. "We cannot promise to correct […]

Hungarian households’ net financial savings as a percentage of GDP stood at 4.6% in 2025, which continues to exceed the averages of regional and EU countries, the National Bank of Hungary (MNB) reports. Households’ net financial wealth continued to grow over the course of last year, reaching 117% of GDP by year-end. To ensure sustainable […]

Admatis Research, Manufacturing and Trading Ltd., based in Miskolc, NE Hungary, has secured EUR 105 million in EU funding to further develop its specialized heat treatment technology, one of the company’s core competencies, Tamás Bárczy, the company’s founder, owner, and managing director, told MTI. According to his statement, the non-repayable grant will also be used […]

4iG Plc. and its subsidiaries (“4iG Group”) continued its growth trajectory in 2025, successfully completing its Transformation Program, and focused on consolidating operations within the new structure and leveraging synergies. The executive summary report published on the website of the Budapest Stock Exchange says that following the Transformation Program completed in October 2025, the Group […]

The results of the April 12 parliamentary elections have become final and entered into force on Friday. Individual constituency results of the April 12 general election became final everywhere on Wednesday, April 29, and the National Election Commision (NVB) established the national list results the same day. An appeal against the NVB's decision could be […]

For Cordia International SE, the developer of residential properties and seller of residential units, 2025 was a year of very strong operational performance, reaffirming the resilience of the company's strategy and the sustained demand for high quality residential developments across its markets. Tibor Földi, Chairman of the Board, Cordia International SE stated in a report […]

Hungary had a EUR 924 million trade surplus in March, data released by the Central Statistical Office (KSH) show. Exports rose 3.6% year-on-year to EUR 14.045 billion. Imports climbed 10.6% to EUR 13.121 billion. Trade with other European Union member states accounted for 76% of Hungary's exports and 69% of its imports during the month. […]

Conflicting trends are emerging among the world’s central banks. Several countries are rapidly increasing their gold reserves, while others are forced to sell. Geopolitical risks, pressure in the foreign exchange market and deliberate reserve management decisions are driving this process. Hungary's gold reserves lost a lot of value very quickly. In 2026, emerging economies in […]

The line-up of the incoming Tisza government was finalized on Thursday with the announcement of the interior and justice ministers. Péter Magyar, leader of the Tisza Party and prime minister-elect, announced on Facebook that Gábor Pósfai, the party's operational leader, will head the Ministry of the Interior, which oversees law enforcement and sport, while Márton […]

Hungarian oil and gas company MOL on Thursday said it signed an agreement to acquire hydrocarbon concessions in Hungary from O+GD Central Ltd. Under the sale and purchase agreement, MOL will acquire O+GD's 51% stake in concessions in Mogyoród, Nagykáta and Ócsa, all in central Hungary. The deal also includes a range of other assets […]

Hungary's GDP rose 1.7% in the first quarter from the same period a year earlier, a first reading of data released by the Central Statistics Office (KSH) on Thursday shows. Growth was the same when adjusted for seasonal and calendar year effects. Growth was driven mainly by services, especially professional, scientific, technical and administrative activities, […]

Shareholders of Graphisoft Park, which owns and operates a business park in the north of the capital, approved a 1.83-per-share dividend on 2025 earnings at an annual general meeting, the AGM resolutions show. The dividend includes EUR 0.84 from earnings on regular and recurring activities and EUR 0.99 from one-off revenue. Graphisoft Park reported after-tax […]

Preliminary data show the number of births falling by 2.9% in March compared with the same month of the previous year, while deaths declined by 9.2%, the Central Statistical Office (KSH) said on Thursday. Marriages increased by 15%, it added. Fully 5,752 children were born in March and 10,393 people died, while the natural decrease […]

Nobel Prize-winning physicist Ferenc Krausz has been elected a member of the US National Academy of Sciences (NAS). The announcement on Wednesday was passed on in a statement by the Frontiers Foundation, which he founded. The NAS announced on April 29 that it has elected 120 new members and 25 international members in recognition of […]

Shareholders of listed car seller AutoWallis voted at an annual general meeting to put all of last year's profit into retained earnings, the company said on the Budapest Stock Exchange on Wednesday. It means that in addition to its existing resources, the AutoWallis Group may also allocate its after-tax profit of nearly HUF 5 billion […]

Two new JAS-39 C Gripen fighter jets arrived at the Hungarian Air Force's Vitéz Dezső Szentgyörgyi 101st Air Brigade base in Kecskemét (East Central Hungary) on Wednesday, bringing the fleet to 16 fighter aircraft. At a ceremony marking the delivery and the 20th anniversary of the Gripen's service in Hungary, Colonel General Gábor Böröndi, commander […]