Lawmakers in Hungarian parliament on Monday elected Dr. Pál Sonnevend a Constitutional Court judge, with 138 votes in favor and 6 votes against. The new judge was elected in a secret ballot for a nine-year term. The election was necessitated by the ending of Csaba Hende's mandate as a judge following the 17th amendment to […]

Hungarian Foreign Minister Anita Orbán hosted a bipartisan U.S. congressional delegation at the Parliament Building on Monday. The meeting focused on defense and economic cooperation. In a post on social media, Anita Orbán emphasized that “Hungary and the United States are bound by a close alliance, shared values and common strategic interests. Our cooperation is […]

The number of new Audi models registered in Hungary rose 9.6% year-on-year to 1,904 in the first half of 2026, the exclusive local importer of the vehicles, Porsche Hungaria, said. According to Porsche Hungaria, the Audi brand holds a 3.7% share of the Hungarian passenger car market and a 23% share of the premium segment. […]

The US-owned energy equipment manufacturing and services company GE Vernova is upgrading its base in Veresegyház, on the outskirts of the capital. According to the announcement, the upgrade includes a large-scale solar park development, the installation of new production lines, and the commissioning of high-performance, precision machinery. A solar farm is being built at the […]

Gránit Pólus Group has renewed the financing of the Westend building complex through a EUR 290 million green loan agreement. This is the largest real-estate refinancing transaction in Hungary over the past five years, and it also stands as a record among domestic transactions linked to a single property, the Group says in a press […]

McLaren driver Lando Norris, the reigning world champion, won the 41st Formula 1 Hungarian Grand Prix on Sunday at the Hungaroring, in Mogyoród, just east of Budapest. The 26-year-old, starting from pole position, secured his first win of the season and the 12th of his career. This was his second victory at the Hungaroring following […]

The Budapest Stock Exchange (BSE) stock index rose this week amid increasing trading volume; on Friday, the BUX closed at 143,471.05 points, up 1.77% from the previous week. Weekly trading volume totaled HUF 106.9 billion, up from HUF 102.8 billion the previous week; leading stocks, with the exception of Richter, gained ground, and Mol reached […]

Hungary will secure HUF 6,000 billion (EUR 16 billion) in EU funds thanks to the anti-corruption measures the government has adopted, Prime Minister Péter Magyar said on social media on Sunday. The prime minister was of the view that the Tisza government had achieved in a few weeks what the Orbán government had failed to […]

The review of state-owned companies overseen by the Ministry of Economy and Energy is continuing, the ministry's head, István Kapitány, said in a social post on Saturday. The minister wrote that following the Eximbank review, "we are examining contracts and past decisions one by one, thoroughly, and in every case based on documents." He said […]

According to the latest MNB house price index by the National Bank of Hungary (MNB) for the second quarter of 2026, the annual growth rate in house prices has slowed across all types of settlements, the central bank reports on its website. In Budapest, following a 1.9% rise in the first quarter, house prices fell […]

Appeninn Asset Management Holding Public Limited Company, based in Budapest, has informed investors in an extraordinary announcement on the website of the Budapest Stock Exchange that the Polish project companies owned by Appeninn Project-EGRV Ltd. have signed a loan agreement with Erste Group Bank AG. The purpose of the loan agreement is to finance the […]

Japanese car maker Suzuki is set to invest HUF 76 billion into manufacturing of electric vehicles and battery packs at its base in Esztergom, the Hungarian Minister for Economy and Energy István Kapitány said in a social media post on Friday. The minister noted that, along with Prime Minister Péter Magyar, he met Toshihiro Suzuki, […]

The 35th Valley of Arts Festival, opening on Friday in several villages in the northern Balaton region, will feature 4,000 programs until August 2, including theater performances, concerts, children’s activities, guided tours, craft workshops and events focused on nature conservation. Andrea Rost, the government commissioner responsible for Hungarian music culture, said at the official opening […]

The jobless rate in Hungary for people between the ages of 15 and 74 stood at 4.4% in June, data released by the Central Statistical Office (KSH) on Friday show. In absolute terms, there were 214,100 unemployed. The number of employed reached 4,645,800. The three-month rolling average for the number of employed reached 4,632,800, 27,900 […]

Business and consumer sentiment in Hungary improved in July, a monthly gauge by economic research institute GKI shows. GKI's business confidence index rose by three points and the consumer confidence index climbed by two points, edging into positive territory, chief researcher Raymund Petz said. He acknowledged the advance of the business sentiment index in April, […]

Despite geopolitical risks, the oil price shock and the strengthening forint, assets held in Hungarian private banking accounts grew in the first half of the year. According to latest private banking survey by the financial website portfolio.hu, the total amount in the accounts of Hungary’s wealthy exceeded HUF 13,600 billion at the end of June. […]