Companies invest significant resources in improving efficiency: processes, costs, teams and tools are constantly optimized. Yet one area is still often overlooked: the way meetings are organized. The real cost of a meeting is rarely the venue, catering or technology. More often, it is time. A two-hour meeting is almost never just two hours. Travel, […]

Hungary's largest lender, OTP Bank Plc. announces that it signed a share purchase agreement to acquire 100% of the shares of Luminor Holding, the parent company of Luminor Bank, operating in the Baltic region. In an extraordinary announcement, OTP Bank Plc. said on the website of the Budapest Stock Exchange that the shares of Luminor […]

Researchers at the Budapest University of Economics (BGE) have developed a scientifically based ecological footprint calculator for businesses. The application supports sustainability decisions with an easy-to-understand metric and shows user companies in which areas they can achieve the greatest impact and where their environmental impact is most significant, the university says on its website. With […]

“During this transitional period, I will do my utmost to carry out the duties entrusted to me in a balanced and impartial manner, serving the interests of the country,” Ágnes Forsthoffer, Speaker of the National Assembly wrote after Amendment 17 to the Fundamental Law entered into force with the signature of President of the Republic […]

Hungary’s strategic fuel reserve has doubled since the low point in March, so Hungary's fuel supply is secure, but reserves need to be stockpiled, the Ministry of Economy and Energy has announced. The strategic fuel reserve ensures that the country can continue to function and that families and the economy are supplied in the event […]

The Budapest Stock Exchange (BSE) stock index fell this week amid declining trading volume; on Friday, the BUX closed at 140,981.27 points, down 1.04% from the previous week. Weekly trading volume totaled HUF 102.8 billion, down from HUF 104.7 billion the previous week, with leading stocks – with the exception of Mol – posting losses. […]

It was August 2025, on a Saturday morning. Together with members of the Peruvian Embassy, we set out on a journey outside Budapest. The sun shone brightly, while the steady flow of traffic revealed that many people were taking advantage of the weekend to escape the capital. We, too, were heading toward a special destination […]

Hungarian students took home gold, silver and bronze medals from the 58th International Chemistry Olympiad held in Tashkent, Uzbekistan between July 10 and 19, Gábor Magyarfalvi, assistant professor and team leader told MTI. This year, 364 high school students from 92 countries participated in the event. János Elek, a student of Radnóti Miklos Secondary School […]

Hungary’s standing timber volume increased by nearly 4 million cubic meters in 2025: According to information from the Forest Management Department of the Ministry for the Living Environment, the stock rose from 419,055,552 cubic meters to 423,012,239 cubic meters, as reported in the summary published on the fataj.hu website. Based on last year’s data, the […]

The Hungarian President of the Republic, Tamás Sulyok has signed the 17th amendment to Hungary’s fundamental law [that is, constitution], which stipulates that the incumbent president’s mandate will terminate the day after the amendment enters into force. In a video posted on his social media page, the head of state said that since the President […]

Nestle Hungária has confirmed it will shut down production at its factory in the Diósgyőr area of the city of Miskolc (NE Hungary) by year-end because of a decline in demand for seasonal chocolate figurines. Staff were informed of the decision early in July, Nestlé Hungária said. Talks on the sale of the factory and […]

As the airline flying to more countries than any other, Turkish Airlines continues to bring people, cultures and continents closer together through its unrivalled global network and award-winning travel experience. From Budapest, passengers can enjoy direct flights to Istanbul and seamless connections beyond, reaching hundreds of destinations across Europe, Asia, Africa, the Americas and Australia […]

The Hungarian government has made a range of decisions on the taxation of large companies and polluting companies, the elimination of tax avoidance practices by trusts, and a taxation practice that selectively punishes companies, Prime Minister Péter Magyar said late on Friday in a post on social media. "We are also putting order the payment […]

Hungary will call a tender for grid capacity allocation for 1,000 MW of wind energy by August 31, Economy and Energy Minister István Kapitány said in a social media video message on Friday. As he put it, the Hungarian wind energy program has reached a new milestone. The minister stated that volume – indicated after […]

The new Hungarian government "has engaged in intense reforms to restore the rule of law", the European Commission said in its 2026 rule of law report published on Friday. "Following continued dialogue with the Commission under the Recovery and Resilience Plan and the general regime of conditionality, several legislative reforms were advanced. Further constitutional amendments […]

Finance Minister András Kármán encouraged more households and businesses to take advantage of the investment and financing opportunities offered by the Budapest Stock Exchange (BSE) at the ceremonial ringing of the opening bell on Friday. The minister noted that the bourse's main BUX index had broken records in recent weeks and was among the best […]