The net profit of the Budapest Stock Exchange (BSE) for the first quarter of 2025, which includes the BSE's share of the KELER Group's results, is HUF 1,31 billion, BSE announced on its website this Tuesday. The EBITDA value in the first quarter of 2025 was HUF 431 million, which is 28% higher than the […]
China is willing to cooperate with Hungary in promoting exchanges and mutual learning among civilizations, safeguarding equality among civilizations, facilitating exchanges among civilizations, and promoting development among civilizations. That was emphasized by the Chinese ambassador to Hungary, Gong Tao at a recent press meeting in Budapest. Commenting further on bilateral relations, the ambassador pointed out […]
The MOL Group has announced on the website of the Budapest Stock Exchange that it takes part in the maintenance of the Budapest University of Technology and Economics (‘BME’) as a strategic investor, as part of which the country's most prestigious technical higher education institution is moving to a new, private university operating model. With […]
Yulia Selyukova arrived in the Hungarian capital last November to take over as General Manager of the Four Seasons Hotel Gresham Palace Budapest after her predecessor, Thibaut Drege returned to Four Seasons Hotel George V, Paris, now as General Manager. She talks about her career and the hotel chain that provided her with tremendous support […]
MOONCITY Budaörs has expanded its activities with an educational service related to electromobility, opening an Electromobility Test Center where practical and theoretical information about electric vehicles can be obtained so that private and corporate customers can determine whether the use of electric vehicles is efficient for them, Porsche Hungaria informed MTI. In their announcement, they […]
Facing rising economic challenges and a growing need for external financing, Hungary has returned to international debt markets with a major dollar bond sale, signaling a shift in fiscal strategy and a bid to reassure investors of its financial footing. The Hungarian government raised $4 billion through a three-part dollar bond sale this week, ramping […]
Hungary has once again been recognized as one of the most attractive destinations for FDI among emerging markets, according to the Hungarian Investment Promotion Agency (HIPA). In the 2025 edition of the global management consulting firm Kearney’s ranking of the 25 top emerging markets for FDI, Hungary advanced to 17th place, up from 22nd last […]
Since its grand opening in the summer of 2021, Matild Palace, a Luxury Collection Hotel, has stood as a cornerstone of Budapest’s five-star hospitality and culinary landscape. Blending the grandeur of the past with the sophistication of modern luxury, this historic landmark continues to set the standard for exceptional experiences. To mark its 4th anniversary, […]
The power of sport for the future: Provident Financial Ltd. and the Hungarian Interchurch Aid have jointly launched the Dream Championship program, which creates opportunities for development and community building for young people living in disadvantaged communities. The soccer tournament offers new opportunities for participating children not only on the field, but also in other […]
MBH Bank and the Hungarian Export Promotion Agency (HEPA) signed a cooperation agreement in May last year with the aim of coordinating their activities and clientele in order to provide even more effective support to Hungarian companies operating in export markets or just planning to appear there. The main objective of the agreement is to […]
Record passenger traffic is expected at Ferenc Liszt International Airport this summer, for which Budapest Airport started preparing last fall. By providing adequate resources, as well as precise planning and close cooperation with members of the airport ecosystem, the airport operator Budapest Airport says it is ready to handle the traffic of the coming months […]
According to a statement from the Hungarian Ministry of Foreign Affairs and Trade, the South Korean company's investment of approximately HUF 22.5 billion is aimed at improving battery manufacturing processes. Hungarian taxpayers contributed HUF 5.5 billion to the project, helping to create a number of high value-added jobs requiring serious engineering skills. According to the […]
This year, the 75th FIABCI Congress was held in Lagos, Nigeria, with the FIABCI World Prix d’Excellence awards gala as its highlight. Hungarian developers were once again successful, winning three gold and one silver medals to finish first among European countries and third worldwide, according to a statement issued by László Gönczi, president of the […]
As a government institution, HEPA Hungarian Export Promotion Agency aims at providing high quality services in order to support the further export success of Hungarian enterprises and improve the country’s international image. The Agency works in close co-operation with other state-owned institutions of economic background. Its mission is to see more and more quality Hungarian […]
According to the Provident Barometer, a recent representative survey commissioned by Provident, the working-age population between 18 and 35 years of age are regular savers, while the proportion of people in debt is highest among middle-aged people (36-50), and a significant proportion of those over 50 are barely making ends meet. Significant savings are the […]
