Hungarian oil and gas company MOL announced on Thursday that it successfully concluded negotiations with the government of Serbia on the conclusion of a shareholders' agreement for the acquisition of a majority stake in Serbian peer NIS. "Negotiations with the seller and the relevant authorities are ongoing in order to finalize the transaction," MOL's statement […]

Greenergy-Solar Duna Ltd. has completed its electricity storage construction project, which involved a HUF 1.8 billion investment to install four storage units, each with a capacity of 1,245 megawatts, at the company’s solar park near Paks, Central Hungary, MTI reports. At a project-closing press conference held on-site, Levente Tasnádi-Tulogdi, the company’s managing director, stated that […]

The previous government has treated the situation of Hungarian families, especially families with multiple children, as a priority since 2010. This also brought about a paradigm shift, shifting to a policy that encourages childbearing and aims to achieve demographic goals, in which they emphasized the role of work alongside the family. This resulted in a […]

The consolidated net profit of the Budapest Stock Exchange (BSE) for the first quarter of 2026, which includes the BSE's share of the KELER Group's results, is nearly HUF 1,64 billion, BSE announced on its website. The EBITDA value for the the first quarter of 2026 was HUF 613 million, which is 42% higher than […]

Greenvolt Group inaugurated a 99MW/288MWh battery storage investment on the outskirts of Buj (NE Hungary) on Wednesday. Greenvolt's project companies were awarded a combined HUF 11.3 billion in grant money for the investment. Greenvolt Group CEO Joao Manso Neto said the investment had raised the business's battery storage capacity in Hungary to 135MW, complemented with […]

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, […]

In October, this year, the Hungarian capital will host one of Europe’s most significant circular economy events, the Circular Economy Hotspot, which will bring the world’s leading experts, business leaders, and decision-makers to Hungary, the organizer, the Business Council for Sustainable Development in Hungary (BCSDH), said in a statement this Wednesday. However, the three-day event […]

Despite better-than-expected first-quarter GDP data, growth in the Hungarian economy may be subdued this year, while inflation is likely to remain within the target range, according to the MBH Analysis Center’s Macroeconomic Outlook released on Wednesday. The analysis, reviewed by MTI, states that strong forint and easing inflation may provide room for monetary easing, while […]

Hungarian pharmaceutical company Gedeon Richter announced the signing of a global collaboration agreement with Indian peer Hetero Labs on the joint development, registration and commercialization of a semaglutide injection, a generic of the anti-diabetic drug Ozempic, the Hungarian company has announced on thew website of the Budapest Stock Exchange. The agreement combines the companies’ complementary […]

Mass production has begun at South Korean-owned EcoPro BM Hungary's cathode materials plant in Debrecen (E Hungary), according to a company statement released and reviewed by MTI on Tuesday. The plant is EcoPro's first European manufacturing base. The 44-hectare complex has three units: EcoPro BM produces cathode materials, EcoPro Innovation processes lithium and EcoPro AP […]

This year, even more children from disadvantaged backgrounds will have the opportunity to find a sense of community, self-confidence, and a vision for the future through sports. The opportunity-creating sports program of Provident Financial Ltd. and the Hungarian Interchurch Aid is entering a new phase: Dream Championship 2.0 now supports young people living in disadvantaged […]

Revenue of Hungary's Wallis Group rose 27% to HUF 912 billion in 2025, the company said on Tuesday. Foreign markets generated a little over 60% of turnover. Turnover at WING Group, the largest portfolio company of Wallis Group, rose by 53% to HUF 304 billion in 2025, while its EBITDA reached HUF 64 billion. The […]

Hungary's annualized consumer price index fell to 1.8% to in May from 2.1% in the previous month, according to data released by the Central Statistical Office (KSH) on Tuesday. Food prices inched up 0.5%, but fell 2.1% excluding the price of eating out. Pork prices fell 10.1% and potato prices dropped 2.6%, but fresh fruit […]

For the first time this year, Városi ['City'] Platform is organizing a nationwide festival to mark World Art Nouveau Day, bringing together fully 74 events across Budapest, four regional cities, and Subotica in Serbia. The five-day series of events will run from Wednesday to Sunday. The festival, which offers a record number of programmes, aims […]

Hungary's government wants to participate in the shared effort to build up Europe's high-speed rail network, Hungarian Transportation and Investment Minister Dávid Vitézy said ahead of a meeting of his European Union peers in Luxembourg on Monday. In a social media post, quoted by MTI, the minister stated that Hungary also wanted to be a […]

István Szászi, head of the Bosch Group in Hungary and the Adria Region, received the 2025 Manager of the Year Award, while Sándor Csányi, chairman of OTP Bank, was honored with the 2025 Manager of the Year Lifetime Achievement Award, the National Association of Managers announced to MTI on Monday. The Managers’ Association held the […]