Normal kerosene supply has been restored at Ferenc Liszt International Airport starting from late Friday, airport operator Budapest Airport told MTI. Budapest Airport announced on October 22 that due to disruptions in the supply chain, less kerosene was arriving at the airport and has asked carriers to optimize their fuel consumption until supply is restored. […]
The Budapest Stock Exchange (BÉT) share index, the BUX, changed little compared to last Friday's close, ending the week down 13.25 points, or 0.01%, at 107,306.66 points. Total turnover decreased from HUF 112.213 billion to HUF 93.495 billion on a weekly basis, with leading stocks performing mixed. In its weekly summary, Equilor Plc. highlighted the […]
Hungarian energy provider MVM Group and US-based Westinghouse signed a contract this Saturday aiming to diversify nuclear energy supplies to Hungary, MVM said, adding that Westinghouse will provide long-term, stable deliveries of VVER fuel for the Paks nuclear plant. Pending permits, deliveries may start in 2028, the statement said. MVM CEO Károly Mátrai said the […]
Around HUF 300 million of tourism investments are starting in Makó (SE Hungary) involving funds from the European Union, the local municipality told MTI. According to the announcement, part of the project involves renovating the dilapidated outdoor stage and auditorium of the Hagymaház ('onion house') spa in order to revive the Makó Summer program series. […]
Magna Body & Chassis Ltd., the Hungarian subsidiary of Magna International Inc. — a leading global player in mobility technologies — officially launched production at its new, state-of-the-art facility in Vecsés on November 7, 2025. The plant will initially create 240 new jobs, later increasing that number to 300 and boost the local economic activity, […]
Czech-owned online supermarket Kifli.hu has opened a EUR 15 million logistics base in Biatorbágy, on the outskirts of the Hungarian capital, Kifli.hu Shop Ltd. told MTI. The base has a close to 5,000sqm automated warehouse and will allow Kifli.hu to offer a broader selection of products and faster delivery times to clients in Kifli.hu's delivery […]
National Bank of Hungary (MNB) governor Mihály Varga underscored the impact cooperation and exchanges of experience between central banks could have on economic stability in the region at the 7th joint conference of the Hungarian and Polish central banks in Warsaw. In a statement issued by MNB on Friday, Varga acknowledged the results achieved in […]
Hungarian energy services provider ALTEO Plc. has celebrated its 15th anniversary on the Budapest Stock Exchange (BSE). The company has a portfolio covering almost the entire value chain of the electricity industry and is also a major player in the domestic circular economy. ALTEO's operations are characterized by a commitment to sustainability and value creation, […]
Bahart, which operates ferries and pleasure craft on Lake Balaton, carried 2,326,000 passengers in the 2025 season, up 53,000 from a year earlier, the company said on Friday. Passenger numbers on car ferries rose 15,000 to 1,425,000 and fares on passenger boats climbed 38,000 to 901,000. The company explained that the number of passengers on […]
Third-quarter net income of Hungarian oil and gas company MOL fell 15% year-on-year to HUF 94.8 billion as revenue dropped, an earnings report released ahead of the opening bell on Friday shows. Net sales declined 8% to HUF 2,268 billion. Operating profit slipped 7% to HUF 163.0 billion. MOL noted that EBITDA, at current cost […]
Third-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 4% year-on-year to HUF 330.5 billion, an earnings report published ahead of the opening bell on Friday shows. Net interest income increased 10% to HUF 489.0 billion. Net revenue from commissions and fees climbed 11% to HUF 152.7 billion. For the period Q1-Q3, after-tax […]
Hungary is limping toward next year’s general election with growth stuck near zero, fragile confidence, and a worsening inflation outlook. Industry weakness, labor-cost pressures, and election-year fiscal constraints leave little room for policy error, and few signs, yet, of a self-sustaining recovery. Third-quarter GDP posted no quarter-on-quarter growth, a negative surprise that “keeps the economy […]
WING, one of Hungary’s leading real estate development and investment groups, received prestigious recognition in two categories at the 2025 Portfolio Property Awards Gala. The company’s Liget Center Vitrum development was named Office Building of the Year, while its Polish subsidiary’s Resi4Rent transaction earned the title of Foreign Real Estate Investment Transaction of the Year. […]
Fifteen years after the red sludge disaster, Provident Financial Ltd. contributed to the greening of Devecser with a community tree planting project. As part of its sustainability program, ProviGreen, the financial services provider has contributed one million forints to the development of the town's green areas. Provident Financial Services Ltd. will continue to strengthen its […]
The villages of Mórahalom (SE Hungary) and Hosszúhetény (SW Hungary) have been included on the 2025 ‘Best Tourism Villages’ list of the World Tourism Organization (UN Tourism). At the press conference held in Mórahalom on Thursday to announce the recognition, state secretary Miklós Panyi said the settlement received the award for sustainable tourism development. The […]
