The finest travel brands from across Europe have been honoured at the World Travel Awards in Sardinia, Italy. The industry elite gathered at Forte Village Resort on the idyllic Mediterranean island for the WTA Europe Gala Ceremony 2025 to discover who had been crowned the best of the best. The Hungarian award winners this year […]
Tens of thousands of Hungarians filled the streets of the capital on Wednesday for rival rallies led by Prime Minister Viktor Orbán and his chief challenger, Péter Magyar, in what observers see as the first major test of strength ahead of next year’s general election. The duelling demonstrations were held on October 23, a national […]
Real estate developer WING and Accent Hotel Management have signed a strategic agreement to efficiently operate joint hotel projects in Hungary, the companies told MTI. They note that the cooperation between the two companies is not new: WING and Accent's first joint hotel project was the Best Western Plus Lakeside Hotel in Székesfehérvár, which opened […]
The national flag was hoisted with military honors this Thursday, the national holiday marking the 69th anniversary of the anti-communist uprising and freedom fight of 1956, in the presence of Defense Minister Kristóf Szalay-Bobrovniczky and Colonel General Gábor Böröndi, the commander of the Armed Forces. Representatives of state and military organizations also attended the event. […]
The cornerstone was laid for a HUF 800m expansion of an industrial park in Bonyhád (SW Hungary) this Wednesday. The businesses operating in the Völgység (Valley) Industrial Park employ over a thousand people and plan to expand their businesses, In the Völgység Industrial Park, infrastructure developments are being carried out with the support of HUF […]
MOL Plc. has notified market participants on the website of the Budapest Stock Exchange that MOL Group’s Board of Directors and Supervisory Board decided to initiate the reorganization of the Group by switching to a Holding structure and at the same time also decided to convene an Extraordinary General Meeting for 27 November 2025. The […]
The Hungarian Association of Digital Companies (IVSZ) launched a project to establish an AI Competency Center in Budapest this Wednesday, MTI reports. The center would offer AI development support as well as education and training programmes. The aim of the project is to establish the conditions necessary for local SME software developers to implement AI-based […]
The Hungarian Government Debt Management Agency (AKK) sold HUF 68.0 billion of securities at auction on Wednesday, HUF 18.0 billion more than planned. As MTI reports, AKK sold HUF 8.0 billion of discount twelve-month T-bills, cutting its original HUF 30.0 billion offer after primary dealers bid for just HUF 12.0 billion of the securities. Average […]
The balance of power in the global meat industry has shifted, with chicken meat emerging as the winner of the past decade. Returning from the ANUGA food industry trade fair in Cologne, László Bárány, managing director and owner of Master Good, said that the poultry sector is set to grow by at least 25% over […]
In September 2025, the average number of employed persons aged 15–74 in Hungary was 4,669,000. The number of unemployed persons was 218,000 and the unemployment rate was 4.5%, according to the country's Central Statistical Office (KSH). In the period July–September 2025, the average number of employed persons aged 15–74 was 4,679,000, 29,000 fewer than a […]
Hungarian haulier Waberer's Group on Tuesday said it signed a strategic cooperation agreement with KTZ Express, the international intermodal logistics subsidiary of Kazakhstan's state railway company. In the framework of the agreement, the sides aim to establish a joint venture to develop and operate an intermodal terminal in the Budapest region to serve as the […]
This Tuesday, the governing majority in Hungarian parliament assented to prolonging the government’s state of emergency for another 180 days till May 13 next year, MTI reports. The proposal submitted by the justice ministry was passed with 127 votes in favor and 56 against. In its proposal, the ministry referred to the war and humanitarian […]
The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at 6.50% at a monthly policy meeting on Tuesday. The Council also left the O/N deposit rate at 5.50% and the O/N collateralised loan rate at 7.50%. The rates mark the ends of the central bank's […]
At this year's Procurement Bar event, the Sustainable Procurement Awards were once again presented to recognize outstanding players in the domestic procurement and sustainability industry, rewarding domestic companies and procurement teams with responsible, ethical, and environmentally conscious procurement practices. The award was decided by an independent professional jury. During the evaluation of the nominees, aspects […]
The real estate broker Duna House Group is to continue operations as DH Group, with a revamped image and a new website, MTI reported on Monday. The company says its name is expected to officially change at the general assembly in November. Duna House, founded as a family business in 1998, has long outgrown the […]
