The Al Habtoor Research Center (AHRC) has announced plans to establish its European office in Budapest in 2026, marking a significant milestone in its global expansion and reinforcing its evolution into a cross-regional policy institution contributing to international policy discourse across Europe and the Middle East, according to statement released this Wednesday. The Budapest office […]
Hungary's biggest feed company, UBM, had after-tax profit of HUF 1.7 billion in the first half of its business year started July 1, improving from a HUF 1.3 billion loss in the base period, an earnings report posted on the website of the Budapest Stock Exchange on Tuesday shows. Revenue climbed 14% to HUF 131.6 […]
Hungary's National Laboratory for Autonomous Systems (NLAS) announced on Tuesday the completion of a four-year research and development program supported by HUF 6.2 billion in European Union funding. The program to investigate the safe and sustainable operation of autonomous vehicles, robots and drones, produced 13 domestic patents and trademarks, four international patents and three spin-offs. […]
The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25bp to 6.25% at its policy meeting on Tuesday, MTI reports. The policy makers had not changed the key rate since September 2024. In a statement released after the meeting, the Council said that "favourable developments […]
Two exciting new additions to the Soproni range to make your time together even more varied! An unfiltered lager with a twist, complemented by the refreshing taste of citrus fruits, is hitting store shelves to show an even wider audience the extraordinary possibilities of the beer category thanks to its popular flavor. Under the name […]
Another Chinese brand is entering the Hungarian new car market: sales of Geely models are scheduled to start at dealerships in March-April, Hungarian importer Geely Hungary has announced. By the end of this year, 10-15 dealerships are expected to add the Geely brand to their portfolios, starting with two models, with two more models to […]
For the tenth time, the Indian Film Festival returns to Budapest, organized by the Embassy of India. From February 27 to March 1, the Metropolis Hall of Puskin Cinema will host a special selection of seven free screenings with Hungarian subtitles, bringing the energy, spectacular visuals, and rich storytelling traditions of Indian cinema closer to […]
Between 2025 and 2027, Mercedes-Benz presents nearly 40 new or fundamentally redesigned models to the public – from entry-level to top-of-the-range models, with both internal combustion and electric powertrains. This comprehensive product offensive is perfectly timed to coincide with the brand's 140th anniversary. In 2026, Mercedes-Benz Hungária will celebrate this important milestone with the wide-ranging […]
Hungarian Nobel Laurate Katalin Karikó has been selected Forbes magazine as one of the top 250 innovators who "best embody the creative spirit." She is on place 169 on the list prepared to mark the 250th anniversary of the founding of the United States. According to Forbes, those on the list "aren't just inventors; they're […]
Investment volume in Hungary slipped 1.3% year-on-year in the fourth quarter, data released by the Central Statistical Office (KSH) on Monday show. Adjusted for seasonal effects, investment volume dropped 1.7%. Investment volume in the manufacturing and public administration sectors contributed the most to the headline decline, KSH said. The fall was mitigated by rising investment […]
The Budapest Stock Exchange's leading share index closed with losses for the second week in a row. Among the leading shares, only OTP managed to strengthen. The Budapest Stock Exchange (BSE) share index fell amid declining turnover during the week, with the BUX closing at 125,733.91 points on Friday, down 0.97%, or 1,230.11 points, from […]
In line with the company's extraordinary announcement on February 2, 2026, Graphisoft Park SE achieved EUR 8.31 million from normal business operations, which, combined with an additional EUR 12.17 million in one-off extraordinary results, resulted in a total pro forma net profit of EUR 20.48 million, the executive summary of the company's annual reports says. […]
Appeninn Asset Management Holding Plc. has informed investrors on the website of the Budapest Stock Exchange that, pursuant to the real estate sale and purchase agreement signed this Friday, it has acquired – indirectly through its wholly owned subsidiary Appeninn Project-TRNW sp. z o.o. – the exclusive ownership of the Goodyear logistics center located in […]
The campaign period for Hungary's April 12 parliamentary elections officially began this Saturday, the National Election Office (NVI) announced. The campaign runs from 50 days before the vote until polling stations close on election day. The NVI noted that any means capable of influencing voter intent - including posters, direct canvassing by candidates or parties, […]
Through significant investments, the Hungarian-owned poultry company strengthens its market position, the Hungarian Investment Promotion Agency (HIPA) reports. The Bárány family has been involved in poultry farming for over 100 years, spanning four generations, making it Hungary's oldest poultry farming dynasty. Master Good Ltd., fully Hungarian-owned, was founded over 30 years ago with five employees. […]
