Edina Hangya has been officially appointed Honorary Consul of the Republic of Malta to Hungary, following the issuance of the Exequatur by the Hungarian Ministry of Foreign Affairs and Trade. The document was formally presented by Malta’s non-resident Ambassador accredited to Hungary, Roberto Buontempo, at a ceremonial event held at Corinthia Budapest. The newly appointed […]
The first shipments of Russian crude oil have arrived in Hungary and Slovakia via the Druzhba pipeline, Mol Plc. announced on the Budapest Stock Exchange’s website on Thursday. "MOL Group received crude oil at the Fényeslitke and Budkovce pumping stations earlier today. Crude oil deliveries via the Druzhba pipeline system have thus resumed to Hungary […]
Economic research institute GKI's combined gauge of business and consumer confidence reached a 27-month high in April, chief researcher Raymund Petz said on Thursday. The index rose to -10.7 points in April from -13.9 points in the previous month, data published on GKI's website show. Petz noted that the survey for the gauge was conducted […]
Rail Cargo Hungaria (RCH) has signed a memorandum of understanding with Srbija Kargo JSC and Makedonski Zeleznici Transport AD to strengthen cooperation among the three market-leading rail companies in the transport of goods from the Far East, RCH announced to MTI on Wednesday. According to the announcement, the partnership covers existing continental connections between China […]
A variety of events were held across the country on Wednesday, April 22, to mark Earth Day, including an international professional conference, a cleanup, a living plant installation and a book launch. Earth Day, an environmental action day — originally a grassroots initiative — began in the United States in 1970, when, at the initiative […]
Revenue of Hungarian IT consulting and security company ViVeTech rose 66% to HUF 2.3 billion in 2025, an earnings report published ahead of an annual general meeting shows. At the same time, the cybersecurity company achieved an EBITDA of HUF 598 million in 2025, a 177% increase from the HUF 216 million recorded in 2024. […]
Hungary's cash flow-based general government deficit reached HUF 3,420.4 billion at the end of March, the Ministry of National Economy confirmed in a detailed release of data on Wednesday. The central budget deficit reached HUF 3,242.6 billion and the social security funds were HUF 190.3 billion in the red, but separate state funds had a […]
A new era is beginning at the Master Good Group: the move to the new meat processing plant in Sárvár will begin at the end of the summer, while the company is preparing a five-year investment program worth over HUF 350 billion. The development package includes a new slaughterhouse, a breading plant, a by-product processing […]
Crude deliveries through the Druzhba ('Friendship') pipeline were received in Ukraine after repair work on the pipeline, Hungary's main source of delivery for its Russian crude oil, had been completed, Hungarian oil and gas company MOL said in an announcement posted on the website of the Budapest Stock Exchange on Wednesday. JSC Ukrtransnafta, which operates […]
The President of the Republic, Tamás Sulyok has convened the inaugural session of the new National Assembly for 10 a.m. on May 9, his office said on Tuesday. The President's office statement highlighted that in line with the constitution, the inaugural session has been convened by the President of the Republic within thirty days following […]
Hungary's commercial property market is past its cyclical low point, but weak economic growth is holding back a recovery and geopolitical uncertainty is weighing on outlooks, the National Bank of Hungary (MNB) said in a report on the market released on Tuesday. The report augurs an increase in the vacancy rates on the office and […]
HungaroMet, the national weather service, on Tuesday said it will establish Hungary’s first climate adaptation network to support the European Union's Mission on Adaptation to Climate Change. The network aims to foster broad cooperation by connecting sectoral and regional stakeholders, they said. The initiative, part of the EU-funded AdaptationHubs project, will align with similar networks […]
Over 70% of Hungarians have both fixed-line and mobile internet service, according to a survey conducted by the National Media and Infocommunications Authority (NMHH), MTI reports. The survey conducted in 2025 shows that 85% of Hungarian households have access to some form of internet service, while just 8% subscribe exclusively to mobile internet service. NMHH […]
According to the Hungarian Association of Digital Companies (IVSZ), Hungary’s future depends on the knowledge-based transition. In its statement, the organization announced that, as a professional partner, it supports decisions that can make the country one of the region’s leading technology hubs. The statement quotes IVSZ president Balázs Vinnai who said that failing to achieve […]
Although flight cancellations are already looming at the international level due to the European kerosene shortage, fuel supplies at Ferenc Liszt International Airport are currently stable. According the airport’s management company Budapest Airport, traffic is running smoothly for now. However, aviation experts warn that there is a real possibility of flight cancellations across the continent, […]
