Energy costs account for 4–10% of the total operating costs of domestic small and medium-sized enterprises (SMEs), while Hungarian companies pay one of the three highest gas prices in Europe. Amid market uncertainties and rising prices, flexible consumption and energy storage may offer a solution, SME Sales Manager at E.ON Energy Solutions, Sándor Szalai explained […]

Erste Bank Hungary analysts put Hungary's GDP growth at 1.7% in 2026 and 2.2% in 2027, the lender said in a forecast on Thursday. The bank's analysts put a protracted conflict in the Middle East, tensions over tariffs, the impact of drought on the farm sector and a summer energy crisis among downside risks. On […]

Gas storage levels in Hungary are above 70%, which is higher than the EU average of 67%, the Ministry of Economy and Energy (GEM) said in a statement on Thursday. According to the ministry, the volume stored to date could cover the country’s supply for 88 winter days and meet households’ needs for 188 winter […]

Hungarian oil and gas company MOL will pay a HUF 317.58-per-share dividend on 2025 earnings starting September 25, the company said on Thursday. The record date for payment of the dividend will be September 16. The shares will trade with the dividend coupon for the last time on September 14. MOL shareholders had approved payment […]

The Budapest University of Technology and Economics (BME) signed a cooperation agreement on Wednesday with Gránit Bank extending to instruction, training and research and development. To the extent possible, BME supports the inclusion of topics proposed by Gránit Bank in thesis projects, student research (TDK) and doctoral research. The university’s Faculty of Electrical Engineering and […]

Budapest-based low-fare carrier Wizz Air will restart scheduled direct flights to Dubai, Abu Dhabi, Jeddah and Amman, the airline announced on Wednesday. It will restart the Budapest-Amman flight on September 22. The flights to Dubai, Abu Dhabi and Jeddah will restart during the last week of October. According to the announcement, Wizz Air is gradually […]

In the fourth quarter, 37% of Hungarian employers plan to expand their current workforce, while 13% anticipate a reduction; such a high level of positive sentiment among market participants has not been seen in the past five years, according to the results of Manpower Hungary’s labor market forecast released on Wednesday. ManpowerGroup conducted its quarterly […]

The most important message of World Lakes Day is that action must be taken today for the sake of tomorrow, Ágnes Forsthoffer, the speaker of parliament, told a conference held in Balatonfüred, in western Hungary, on Tuesday. Jessika Roswall, the European Commission’s commissioner for environment, water resilience and a competitive circular economy, also attended the […]

The Hungarian government has expelled ten Russian diplomats from the country, Foreign Minister Anita Orbán said on social media on Tuesday. The ministry has informed the Russian ambassador to Hungary that according to Hungarian authorities, the diplomats' activities had been unacceptable under the Vienna Convention on Diplomatic Relations, the minister said. Hungary has therefore called […]

Hungary's annualized consumer price index inched up to 1.3% in August from 1.2% in the previous month, data released by the Central Statistical Office (KSH) on Tuesday show. Food prices dropped 1.4% and fell 4.8% excluding the price of eating out. Fresh fruit prices dropped 15.6%, pork prices fell 12.9%, fresh vegetable prices were down […]

First-half after-tax profit of Hungarian banks slipped 22% year-on-year to HUF 685 billion, data released by the National Bank of Hungary (MNB) on Monday show. Lenders' net interest income increased 7% to HUF 1,836 billion. Net revenue from commissions and fees edged down 3% to HUF 929 billion. Banks' return on equity reached 11.8%, falling […]

The country’s sports program aimed at creating opportunities – which is more than just the Provident Dream Championship 2.0 – continues with soccer and boxing. Former world champion boxer Zsolt Erdei has already trained with the children and, during a motivational talk, emphasized the importance of sports, community, and perseverance. The finals for the young […]

Output of Hungary's industrial sector rose 4.7% year-on-year in July, a first reading of data released by the Central Statistical Office (KSH) on Monday shows. Output rose at the same pace when adjusted for the number of workdays. Output fell in most branches of manufacturing, KSH said. Among the biggest, output of the automotive branch […]

Amid rising trading volume, the Budapest Stock Exchange (BÉT) stock index fell this week; on Friday, the BUX closed at 147,747.91 points, down 1.94% from the previous week. Weekly trading volume totaled HUF 129.5 billion, up from HUF 107.9 billion the previous week, with leading stocks – with the exception of Magyar Telekom – posting […]

The Hungarian Tourism Agency (MTÜ) has begun establishing a competition-based 'partner pool' of agencies, which will also ensure the rational and cost-effective use of public funds, the tourism management agency announced in a statement. According to the MTÜ, the new system builds both on the organization’s strengthened internal professional expertise and on open competition among […]

A recent European survey by the STADA Health Report 2026 paints a rather bleak picture of the Hungarian healthcare system: only 27% are satisfied with public healthcare, while 79% consider the shortage of healthcare professionals and long wait times to be the biggest problems. At the same time, there is a particularly high level of […]