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 […]

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 […]

Having arrived in Budapest as the Ambassador of Belgium in August 2023, one of the perks I greatly enjoy is the location, beauty and rich history of the Belgian Residence, which I am privileged to live and work in. The residence is situated on Donáti Street 34, in the attractive historical First District at the […]

The stock index of the Budapest Stock Exchange (BSE), the BUX, fell 2.12% this week compared to last Friday’s close, MTI reports. Total trading volume for the week fell by HUF several billion to HUF 114.1 billion, down from HUF 120.6 billion the previous week. The BUX started the week weakly, closing in the red […]

Electrical engineering company ABB will invest HUF 5 billion to expand capacity at its base in Kecskemét (East Central Hungary), the company has announced. As part of the development project in Kecskemét, new machines, injection molding equipment, robotic solutions, and additional production lines will be installed. The investment will enable increased production of several medium-voltage […]

The Hungarian Business Leaders Forum (HBLF) held its general meeting to elect new officers at a time when the responsibility of business leaders extends beyond economic performance: trust, ethical conduct, and value-based decision-making have become fundamental prerequisites for competitiveness, according to a HBLF statement. The business leaders’ community, which looks back on more than three […]

The Toyota brand reported growth far exceeding market expansion year-over-year in the Hungarian new car market, where it continues to lead the brand rankings, Toyota Central Europe Ltd. (TCE) informed MTI. Sales of the Japanese brand in Hungary rose by 16.2% in the first four months of this year compared to the same period last […]

One of Europe’s most important circular economy conferences will be held in Budapest on October 5-7, 2026. The Circular Economy Hotspot aims to bridge the gap identified in the latest research by one of the organizers, the Business Council for Sustainable Development in Hungary (BCSDH): according to this research, companies have already set out on […]

Hungary's current account had a EUR 715 million surplus in March, widening from a EUR 125 million surplus in the previous month, preliminary monthly data released by the National Bank of Hungary (NBH) on Friday show. The trade surplus reached EUR 1.073 billion, as the balances for both trade in goods and services showed surpluses […]

World-renowned opera singer Plácido Domingo has been enchanting music lovers around the world with his distinctive and emotive voice for more than 60 years. Recognized as one of the finest and most influential singing actors in the history of opera, the multifaceted artist is also a conductor and a major force as an opera administrator. […]

First-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 6% year-on-year to HUF 177.0 billion as the lender booked the full-year amount of sectoral taxes during the period, an earnings report released ahead of the opening bell on Friday shows. If OTP had booked the prorated amount of the bank levy and windfall […]

Hungarian haulier Waberer Group's consolidated EBIT for the first quarter of 2026 was EUR 11.0 million, which is in line with the base period (Q1 2025) result. The quarterly report was publihed on the website of the Budapest Stock Exchange. The Group's consolidated revenue for the quarter was EUR 207.9 million, representing a 6.9% increase. […]

Hungary's government has mandated the release of a further 575 million liters of motor fuel from strategic reserves in a decree issued in the latest issue of the official gazette Magyar Közlöny. The decree, by the economy and energy minister, István Kapitány releases 150 million liters of petrol and 425 million liters of diesel. According […]

Competitive salary and benefits are by far the strongest driver of employer choice in Hungary, both in importance and in prioritization, with pleasant work atmosphere, job security, and work-life balance following closely behind. When looking at priorities, pleasant work atmosphere, though the second most important driver, is often traded off for work-life balance and job […]

First-quarter after-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 20% year-on-year to EUR 2,670,000, an earnings report shows. The pro-forma net profit for the first quarter of 2026 was in line with company’s expectations at EUR 2.67 million, representing a significant increase of 20% compared […]

Hungary’s war-related state of emergency, in place for four years under former PM Viktor Orbán, officially ends on Thursday, Prime Minister Péter Magyar said on social media. "With this, we are also saying goodbye to the decree-based governance introduced six years ago. We are returning to normalcy, he added. "With this, we are also bidding […]