The foundation stone has been laid for the sterilization plant at the syringe manufacturing base of the medical products manufacturer Becton Dickinson in Környe (NW Hungary). The EUR 42.2 million project is expected to create 25 high value-added jobs. Becton Dickinson (BD), specializing in the production of medical devices, announced this investment in December 2025. […]
Hungary's cash flow-based general government balance showed a HUF 32.3 billion surplus at the end of January, the Ministry for National Economy said in a preliminary release of data on Monday. The central budget finished the month with a HUF 98.6 billion deficit, but the social security funds had a HUF 91.7 billion surplus and […]
Renowned Hungarian movie director Ildikó Enyedi's latest film, Silent Friend, won the prize for best film at the 45th Hungarian Film Week, as well as the awards for best cinematography and editing, the organisers said late on Sunday, the last day of the festival. Cinematographer János Kende received the lifetime achievement award, and producer Mónika […]
The Budapest Stock Exchange (BÉT) share index rose amid growing turnover this week, with the BUX closing at 130,030.34 points on Friday, 0.93% higher than a week earlier. Weekly turnover was HUF 152.9 billion, following HUF 139.9 billion the previous week, with the BUX closing at historic highs on Tuesday and Wednesday, while leading stocks […]
Five Hungarian furniture makers are showing at the Ambiente international consumer goods fair in Frankfurt on February 6-10, Creative Hungary has announced. The showcase of Econor Design, KARA + CO, Loomiosa, Rotte Group and YOZA is organized Creative Hungary (formely called Hungarian Fashion and Design Agency). According to the announcement, the collective presence under the […]
Based on data by the Central Statistical Office (KSH), the GKI economic research institute examined the structure of Hungarian health care expenditures, which provides an important picture of the extent to which the system relies on public resources, and of the role played by household financing and voluntary health insurance financing within the system. For […]
The Ferenc Liszt Academy of Music in Budapest awarded world-renowned Hungarian composer György Kurtág an honorary doctorate on the occasion of his 100th birthday. The artist, who is a former student and teacher at the Academy of Music, received his honorary doctorate from the university's management on Friday. György Kurtág is twice winner of the […]
Dreher Breweries Plc. held a ceremony to mark a key milestone in the first phase of its decade-long, EUR 240 million development program. The event also saw the signing of a Strategic Cooperation Agreement with the Hungarian government. As a result, Dreher Breweries Plc. became the government’s 103rd strategic partner. The company continues to operate […]
The internationally well-known pianist and conductor performed with the world's leading orchestras and conductors, and worked with more than a hundred orchestras as a conductor. Tamás Vásáry was born on August 11, 1933, in Debrecen and began his musical career as a young boy: at the age of ten, he became a student of Ernő […]
The Hungarian Franchise Association has awarded Duna House the "Domestic Network Successfully Expanding Abroad" award. The award confirms the results of the group's European expansion: the Hungarian-founded company now has a presence in Hungary, Poland, Italy and Spain with real estate networks and bank-independent credit intermediation services, Duna House told MTI on Friday. They recalled […]
Despite ongoing international recessionary pressures, Hungary’s bottled wine export figures have shown a steady upward trend since 2022, with positive developments emerging across key performance indicators, according to a press release by the Hungarian Wine Marketing Agency. The statement says the Hungarian Wine Marketing Agency began its work in early 2023 following a clear strategic […]
Output of Hungary's industrial sector rose 1.8% year-on-year in December, a first reading of data released by the Central Statistical Office (KSH) on Friday morning shows. However, output fell 1.0% when adjusted for the number of workdays. Output rose in the majority of the manufacturing subsections compared to the same month of the previous year, […]
Hungary’s economic growth slowed to a crawl at the end of 2025, with fourth-quarter GDP expanding just 0.2% quarter-on-quarter. This tepid finish dragged full-year growth down to approximately 0.4%, well below initial projections and even weaker than Hungary’s 2024 performance. Despite ramped-up government spending late in the year, the stimulus failed to meaningfully boost overall […]
The 32nd Fishing, Hunting and Arms International Exhibition (FeHoVa) opened at the Hungexpo fair grounds in Budapest on Thursday. The fair, which boasts 200 exhibitors from thirteen countries, runs through Sunday. At the opening ceremony, Minister of Agriculture István Nagy said that during the 2024/25 hunting season, 328,000 large game animals and 559,000 hares and […]
Zhejiang Shuanghuan Driveline inaugurated the electric vehicle parts plant of Evoring, the China-based firm’s Hungarian subsidiary, the Hungarian Investment Promotion Agency (HIPA) reports. The EUR 104.4 million greenfield investment, implemented with the support of HIPA includes a 24,000 square-meter production complex supported by solar panels and a heat-pump system. The manufacturing base in Jászfényszaru (central […]
