Research astronauts Bertalan Farkas and Tibor Kapu received the Hungarian Order of St. Stephen from Hungarian President Tamás Sulyok at the Sándor Palace during the national holiday on August 20. The Order of St. Stephen of Hungary is awarded each year as Hungary's highest honor, and this year we would like to express to these […]

The net revenue of ANY Security Printing Company PLC for the first half of 2025 is HUF 38.7 billion, of which HUF 24.8 billion originated from export sales, the company reported this Tuesday on the website of the Budapest Stock Exchange. The summary says HUF 30.4 billion – representing 79% of total revenue – was […]

Shell has retained its leading position on the list of the world's most valuable oil and gas brands, despite its value falling by 10% to USD 45.4 billion over the course of a year, according to a report by Brand Finance, quoted by MTI. The British-Dutch company has now been in first place for eleven […]

General government consolidated gross debt at nominal value was 76.0% of GDP, amounting to HUF 63,981 billion, at the end of 2025 Q2, according to data published by the National Bank of Hungary (MNB). At the beginning of the year, the national debt stood at HUF 59,875.7 billion, which was 73.5% of the gross domestic […]

Compared to the first three months of the year, AutoWallis’ operating efficiency improved, and its revenue increased by nearly 21% to HUF 235 billion in the first half of 2025. The company’s EBITDA was HUF 8.1 billion, reducing the difference from the comparable period of the previous year to 10%, as opposed to the 31% […]

Spar Hungary has invested HUF 2.7 billion in developing its logistics. Last year, the retail company spent more than HUF 700 million on developing its logistics center in Üllő, and this year it has created a new transshipment center in Budapest with an investment of approximately HUF 2 billion, which will make the supply of […]

The Budapest Stock Exchange (BÉT) share index, the BUX, closed weekly trading at 105,146.55 points, up 860.41 points or 0.83%. Total turnover fell from HUF 92.57 billion in the previous week to HUF 55.54 billion, with the four leading stocks strengthening during the week, except for Mol, with Magyar Telekom leading the rise. The BUX […]

AutoWallis is further strengthening its cooperation with the Chinese producer of electric vehicles after reaching an agreement to open a car dealership in Debrecen, E Hungary, the car dealer company says in a statement on the website of the Budapest Stock Exchange. The showroom and service center located in eastern Hungary supports the further growth […]

Hungary’s political tensions deepened this week after opposition leader Péter Magyar accused Moscow of direct interference in the country’s domestic affairs. The charge came a day after Russia’s Foreign Intelligence Service (SVR) issued a statement claiming the European Commission was considering “regime change in Budapest” — a move Magyar described as a blatant attempt to […]

Construction output volume, based on raw data, was above the previous year’s level by 2.6% and by 0.9% based on calendar-adjusted index in Hungary in June 2025. Among the main construction groups, the construction of buildings rose by 0.4%, that of civil engineering grew by 6.5%, the Central Statistical Office (KSH) reports. Based on seasonally […]

Arriving in Budapest as Argentina’s ambassador was, in many ways, both a return and a discovery. A return to Central Europe, a region I had studied and explored from various angles throughout my career, and a discovery of a country that welcomed me with a heartfelt blend of history, sophistication, identity and warmth. But above […]

The volume of industrial production in Hungary lagged behind the one year earlier level by 4.9% in June 2024. The working day adjusted index is equal to the non-adjusted one, the Central Statistical Office (KSH) reports. Production declined in the majority of the manufacturing subsections. According to seasonally and working-day adjusted data, industrial output was […]

The logistics service provider Waberer's is building a logistics center covering almost 22,000 square meters in Debrecen, E Hungary. Construction of the facility began last November, the hall reached structural completion in August, and it is expected to start operating at the end of 2025, the Waberer's Group told MTI on Wednesday. The announcement quoted […]

The Aria Hotel Budapest, one of the world's most renowned luxury hotels with a musical theme – each of the four wings dedicated to one of four major genres of music: classical, opera, contemporary and jazz –, celebrates its tenth anniversary in 2025. To mark the occasion, a grand birthday party was held, opening the […]

A 6MW gas engine has begun operating in the Győr Industrial Park, marking the successful completion of the entirely self-financed investment by the energy services firm ALTEO. The power plant, designed around a Wärtsilä 18V34SG gas engine with a capacity of 6MWe, was built in the Győr Industrial Park as a greenfield investment under the […]