Corporate leaders from Hungary and Israel met at a business forum in Budapest this October with representatives of 62 Hungarian companies and 36 firms from Israel participating at the event organized by the Hungarian Ministry of Foreign Affairs and Trade and held in a conference room in the Puskás Arena soccer stadium. Over 150 business-to-business […]
The Budapest Stock Exchange (BSE) share index, the BUX, rose this week amid growing turnover, with the BUX closing at 110,405.74 points on Friday, 0.73% higher than a week earlier. Weekly turnover was HUF 185.23 billion, following HUF 83.09 billion the previous week, with leading shares strengthening during the week, except for Mol, and OTP […]
2025 is an important year in the history of Ferenc Liszt International Airport, which celebrated the 75th anniversary of its opening in May this year. To mark the occasion, the airport's operating company, Budapest Airport, part of the VINCI Airports network, was preparing a year-long celebration focusing on Ferenc Liszt’s legend and the 75-year-long history […]
After years of tremendous success worldwide, world-renowned Dutch violinist and conductor André Rieu appears on the stage of the MVM Dome in the Hungarian capital again this November and will do so in October, 2026 as well. His signature repertoire combines timeless classics from opera, musicals and operettas, as well as beautiful film scores, popular […]
In the third quarter of 2025, the amount of loans granted to Hungarian households exceeded the amount of repayments. The amount of loans to households amounted to HUF 12,324 billion in gross book value, indicating a rise of 3.0 per cent from the previous quarter. The share of the stock of loans more than 90 […]
By mutual agreement, the sale and purchase agreement concluded between the MVM Group and the E.ON Group on December 16, 2024, concerning the purchase of a 68% stake in E.ON Energie Romania and a 98% stake in E.ON Asist Complet, would be terminated this Friday, MVM informed MTI. In its announcement, MVM emphasizes that it […]
Magyar Telekom, the market leader in mobile communications in Hungary, announced the start of big optical network investments in Győr (NW Hungary) on Friday. According to the statement, Magyar Telekom intends to contribute to the country's digitization goals through its network developments, continuing the strategy it began in recent years. As part of this, the […]
Fleet renewal, more sustainable operation, operational efficiency and enhancing the passenger experience – these are some of the most important issues Jan Kropáček, Country Sales Manager for Czech Republic, Hungary and Slovakia at Air France-KLM discusses with Diplomacy&Trade as the company continues to strengthen its competitive edge through its network. Jan Kropáček was appointed head […]
National Bank of Hungary (MNB) governor Mihaly Varga announced the loan of 1,422 contemporary works of art to 30 museums nationwide at a press conference in Budapest on Friday. "The central bank's new management believes the place of art is not in offices or warehouses, but museums," Varga said. He added that the works would […]
Emicast Plc, a Hungarian-owned company, is launching a HUF 6-7 billion investment based on green steel casting in Orosháza, SE Hungary. Production is scheduled to start in 2026, and 70-80 jobs could be created in the following years. Emicast Plc. is a newly established subsidiary of Kalocsa-based Emika Plc. In May 2025, the owners decided […]
Preliminary data show the number of births falling by 11% in November compared with the same month of the previous year, while deaths declined by 9.3%, the Central Statistical Office (KSH) said on Friday. Fully 5,582 children were born in November and 9,686 people died, thus the natural decrease in the population was 4,104 people, […]
Hungary’s central bank is preparing the public for an inflation path far gentler than it had forecast just a few months ago. In its newly released quarterly Inflation Report, the Magyar Nemzeti Bank (MNB) says it now expects significantly slower price growth in 2026, helped by falling global food prices, easing energy costs, and a […]
CETIN Hungary has wound up a four-year network infrastructure modernization in which it invested HUF 102 billion, the integrated telecommunications infrastructure provider told MTI on Thursday. The company said it is saving 9.9 GWh of electricity annually with the modernisation, equivalent to the annual electricity consumption of 4,500 Hungarian households. The goal of the project […]
American professional 3D printing specialist Formlabs is launching a new research and development project in Budapest. The investment aims at the creation of a next generation printing ecosystem, including software and hardware components, user support, and seamless cooperation between existing and new, higher-capacity printers. Supported by the HIPA Hungarian Investment Promotion Agency, the EUR 1.7 […]
Established in 2002, the Budapest-based Dutch-Hungarian Chamber of Commerce (Dutcham) is a self-financed business association with the aim to facilitate the exchange of professional expertise and provide networking possibilities for Dutch companies operating in Hungary. In April this year, Maurice Janssen took over as Chairman of the Dutch-Hungarian Chamber of Commerce in Budapest. Regarding his […]
