Amid growing turnover, the Budapest Stock Exchange (BÉT) share index rose during the week, closing at 109,453.39 points on Friday, 2.05% higher than a week earlier. Weekly turnover was HUF 135.58 billion, following HUF 88.57 billion the previous week, with leading shares strengthening, except for Mol. On Wednesday, the BUX closed at 109,827.02 points, up […]
Leapmotor's network in Hungary is expanding rapidly, with 10 dealerships and service centers already dealing with the Chinese car brand since its market entry was announced in June this year. The goal is to achieve nationwide coverage, according to Emil Frey Hungary, which is responsible for importing the vehicles. Leapmotor has registered nearly 80 cars […]
Around 60% of construction industry companies in Hungary expect to close 2025 with falling revenue, according to a survey by the National Association of Construction Contractors (ÉVOSZ), reported by MTI. The survey results, presented on Friday, show 27.5% of companies anticipate higher revenue for the full year and 12.5% see turnover stagnating. Around 400 companies […]
The 30th anniversary of the listing of Hungarian oil and gas company MOL on the Budapest Stock Exchange was celebrated at the bourse on Friday. At a ceremony at the opening bell, Mihaly Varga, the governor of the National Bank of Hungary, the bourse's majority owner, acknowledged the contribution of Hungarian multinationals like MOL to […]
Factory gate prices in Hungary rose 1.8% year-on-year in October, data released by the Central Statistics Office (KSH) on Friday show. Prices for domestic sale edged up 0.9% and export prices climbed 2.2%. Domestic prices of the manufacturing sector, which have a 62.7% weight in the PPI, rose 0.6% year-on-year. Domestic energy prices, which account […]
Wizz Air, the fastest-growing European airline and the leading ones in Central and Eastern Europe, today unveiled its 250th aircraft, marking a defining milestone in the airline’s growth story and placing the company halfway toward its goal of a 500-aircraft fleet, the lowcost airline announced this Friday.. According to the company statement, this achievement underscores […]
Hungary’s Prime Minister Viktor Orbán is preparing for another politically charged trip to Moscow, where he is expected to meet Russian President Vladimir Putin on November 28, according to reports citing government sources involved in the visit’s preparations. The news has not yet been officially confirmed by the Hungarian government, which says Orbán’s program will […]
In October 2025, nearly 1.7 million guests spent 3.8 million tourism nights at tourist (commercial, private and other) accommodation establishments. Tourist arrivals were up by 11% and tourism nights by 10% in number compared to a year earlier, to which the long weekend associated with the October 23 holiday also contributed, the Central Statistical Office […]
Revenue in Hungary of Danish home furnishings chain JYSK rose 16% to HUF 89 billion in the company's 2024/2025 business year, the company told MTI this Thursday. According to a recently published report, the EBIT (Earnings Before Interest and Taxes) of the Danish retail chain's Hungarian company exceeded HUF 23 billion, which is an increase […]
Preliminary data show the number of births falling by 10% in October compared with the same month of the previous year, while deaths declined by 6.8%, the Central Statistical Office (KSH) said on Thursday. Altogether, Hungary's population fell below 9.5 million 5,979 children were born in October and 10,333 people died, while the natural decrease […]
MVM Plc. will pay an interim dividend of HUF 131.5 billion to its sole shareholder by November 30, according to an announcement by MVM Energetika Plc. published on the Budapest Stock Exchange website. According to the announcement, MVM Plc. decided on the payment in view of its first-half performance and stable financial position. Based on […]
Rába Automotive Holding Plc.'s taxable profit rose to HUF 6.346 billion in the first nine months of this year from HUF 31.730 million in the previous year, while sales revenue increased by 5.7% to HUF 40.660 billion in the same period , the Győr-based vehicle manufacturer announced on Wednesday on the website of the Budapest […]
95% of sustainability-committed companies in Hungary state that being able to operate sustainably is their goal, while ESG activities and reporting are tools that can help make this possible. The number of companies that feel prepared to meet their ESG obligations has increased by 42%, according to the latest survey conducted by the Business Council […]
E.ON Drive Infrastructure (EDRI), Voltix and GreenWay can begin building one of Europe's largest megawatt charging networks with EUR 70.3 million in EU funding. By 2028, the system will serve road freight transport across the continent with a total of 330 charging points at 55 strategic locations, including Hungary, EDRI told MTI on Wednesday. Chargers […]
Marriott International has announced this Wednesday the appointment of Isabelle Salau as Director of Sales & Marketing for the Budapest Marriott Hotel, Millennium Court, Marriott Executive Apartments, and Dorothea Hotel, Budapest, Autograph Collection, which form part of Marriott’s expanding footprint in the city. The statement released says Isabelle brings over 20 years of international commercial […]
