Free skating, charity opportunities, sparkling lights, delicious flavors and aromas, and magnificent gifts await everyone who is already in the Christmas spirit. In connection with the 152nd anniversary of the capital city, the 2025 Advent and Christmas Market and Winter Experience Park opened this Friday afternoon with Budapest's first festively decorated pine tree as well […]
The discount airline closed the peak travel season from April to September with strong performance, implementing a targeted strategic shift to reduce business risks and put itself on a path to profitable growth. Wizz Air carried 36.5 million passengers in the first half of its financial year (April-September), up 9.8% from the same period last […]
Business association VOSZ (Confederation of Hungarian Business) announced this Friday the launch of a program to promote links between multinationals and local SMEs. VOSZ's MutliMentor Program involves a screening element to ensure suitability, a mentoring scheme to help potential suppliers meet certification and financial requirements for supplying multinationals, and a networking component. VOSZ will match […]
E.ON Drive Infrastructure Hungary (EDRI), E.ON's charging station operator, is adding a new feature to its electric vehicle charging network: automatic Plug&Charge, which simplifies the charging process for electric vehicles, MTI reports. In a statement sent to MTI, EDRI emphasizes that it is one of the first in Hungary to make this feature available nationwide. […]
Output of Hungary's construction sector rose 17.6% year-on-year in September, albeit from a low base, data released by the Central Statistics Office (KSH) on Friday show. Construction sector output increased 15.2% when adjusted for the number of workdays. Output of the buildings segment climbed 18.3% and civil engineering output rose 17.1%. In absolute terms, construction […]
Hungarians’ financial confidence has taken a sharp turn in recent months, according to the latest Provident Barometer survey. The study, conducted by Ipsos on behalf of Provident Financial, reveals a growing fear of financial insecurity in retirement and a notable decline in short-term economic expectations. Since the summer, the share of respondents who worry their […]
The Hungarian government will extend mandatory caps on a range of food and non-food products until February 28, 2026 in a decree published late on Thursday in the latest issue of the official gazette Magyar Közlöny, the National Economy Ministry told MTI in a statement. The markups cap is also being extended to cover 14 […]
Capacity expansion, research and development, and employee training are all part of a nearly EUR 200 million investment program that the American consumer goods giant is launching at its Gyöngyös and Csömör sites, both east of Budapest. A quater of the investment costs will be covered by Hungarian taxpayers through a government decision to provide […]
Hungarian film director Ildikó Enyedi will receive the lifetime achievement award of the The International Federation of Film Critics (FIPRESCI) at the 46th Cairo Film Festival, the federation said on its website on Thursday. The award will be handed over to Ildikó Enyedi before the screening of her latest film, 'Csendes barát' (Silent Friend), on […]
The Hungarian Association of Digital Companies (IVSZ) has joined CyberShield, an initiative to prevent digital financial fraud through education, the Hungarian Banking Association said on Thursday. By joining CyberShield, IVSZ aims to help SMEs build more effective defences against business fraud. CyberShield was launched by the banking association, the National Bank of Hungary, the National […]
Around 6,600 foreign nationals bought homes in Hungary last year, real estate broker OTP Ingatlanpont said on Thursday, citing data compiled by the Central Statistics Office (KSH). The value of those homes was about HUF 309bn. The data show Germans bought the most homes during the year: 1,396. They were followed by the Chinese, who […]
The Hungarian government and the United Nations University (UNU) have signed a host country agreement in a formal ceremony, which officially states that a new education and research institute of the United Nations University will be established in Kőszeg, NW Hungary, initiated and partnered by the Institute of Advanced Studies Kőszeg (iASK). According to the […]
E.ON volunteers provide real help where it is most needed: supporting civil society organizations working in the areas of equal opportunities, education, and sustainability, according to a statement from the electricity and gas supplier. Supporting civil society organizations with knowledge and expertise Since 2016, the E.ON Hungária Group, which operates the electricity and gasnetwork in […]
Output of Hungary's industrial sector rose 1.3% year-on-year in September, the Central Statistics Office (KSH) confirmed in a detailed reading of data on Thursday. The detailed data show output of the automotive industry, Hungary's biggest manufacturing sector, edged down 1.4% year-on-year in September. The segment accounted for 25% of manufacturing output during the month. Output […]
In June, next year, Budapest will host for the first time the 'La Femme International Film Festival Europe' (LAFIFFE) — the first international film festival in Hungary dedicated specifically to highlighting women filmmakers. The event is the European sister festival of the Los Angeles-based La Femme International Film Festival, which has been celebrating women’s storytelling, […]
