Budapest's Ferenc Liszt International Airport marked the 75th anniversary of its opening with historic records. The airport set records for both passenger and cargo volume last year, with the airport community managing the soaring passenger traffic seamlessly even during peak periods, according to a press statement by the airport operator Budapest Airport, part of the […]
Visit Hungary is launching a campaign to boost domestic travel, and accommodation providers and spas are invited to participate, Visit Hungary CEO Olivér Csendes announced on a commercial television program on Wednesday morning. He added that the national campaign asks accommodation providers to offer at least a 5% discount, and spas to offer a 15% […]
Hungary's leading hygiene paper manufacturer, Vajda-Papír is developing its operations with a series of investments, the Hungarian Investment Promotion Agency (HIPA) reports. The family-owned company is implementing a EUR 182.6 million investment program with the support of HIPA, comprising four distinct projects. The cornerstone of the program is a EUR 80 million capacity expansion at […]
Gross electricity sales in Hungary amounted to 44.613 terawatt hours (TWh) in 2025, 0.3% lower than the 44.740 terawatt hours in 2024, while domestic production, which accounts for a larger share of turnover, increased, according to data published on the website of MAVIR Hungarian Electricity Transmission System Operator Ltd. According to the latest data, in […]
Eve Power Hungary Ltd. is launching a recruitment campaign in Debrecen and the surrounding settlements in the first half of 2026, planning to hire around 400 new employees, relying as much as possible on the domestic workforce for its factory under construction in Debrecen, which is a supplier to the BMW Group. The aim of […]
The largest Hungarian mobile services provider Magyar Telekom has announced an agreement to gradually transfer its subscribers' 2G traffic to the network of peer Yettel Hungary from Tuesday. As MTI reports, The transition will be completed in several steps by April 1, 2026. Magyar Telekom will use the freed-up frequencies to enhance its 4G/5G networks. […]
The Hungarian oil and gas company MOL Plc. has notifies the market in a statement on the website of the Budapest Stock Exchange that MOL Group has signed a binding Heads of Agreement with Gazprom Neft to acquire its 56.15% stake in the Serbian Naftna Industrija Srbije (NIS) corporation. Once the transaction is completed, MOL […]
Mercedes-Benz launched serial production of the fully-electric GLB model at its base in Kecskemét (C Hungary) on Monday, MTI reports. A statement issued by the Ministry of Foreign Affairs and Trade notes that the base in Kecskemét would soon be able to turn out 350,000 vehicles annually, bringing Hungary closer to its goal of producing […]
The number of flights HungaroControl's air traffic controllers managed in Hungarian airspace rose 8.2% to 1,245,813 in 2025, the state-owned company told MTI on Monday. Overflights, that is, transit traffic accounted for nearly 85% of air traffic in Hungary, reflecting the country's key transit role in European air transport. HungaroControl expects further traffic growth in […]
Provident Financial Ltd., celebrating its 25th anniversary this year, has been awarded Top Employer status, one of the world's most prestigious independent human resources certifications. The title is awarded by the Top Employers Institute to organizations that pay special attention to employee experience and people-centered corporate culture in their operations. The certification is not just […]
The Federation of Hungarian Footballers (MLSZ) was founded 125 years ago on this day, on January 19, 1901, by representatives of thirteen sports clubs in a private room at the Archduke István Hotel, situated at Akadémia utca in downtown Budapest. The website of the federation explains that the footballers (or soccer players) in Hungary (the […]
Amid growing turnover, the Budapest Stock Exchange (BSE) share index rose this week, closing at a historic high of 122,311.20 points on Friday, up 4.98% from a week earlier. As MTI reports, weekly turnover was HUF 108.16 billion, following HUF 103.08 billion the previous week, with leading shares strengthening during the week. On Friday, OTP […]
Consumer prices rose by 3.3% year-on-year in December 2025. Relative to the 3.8% observed in November, the annual growth rate of prices fell by 0.5 percentage points, the National Bank of Hungary says on it website Standing at 3.8%, core inflation fell by 0.3 percentage point. Core inflation excluding indirect tax effects fell to 3.6%. […]
Singapore-based Vulcan Shield Global (VSG), which supplies high-temperature insulation solutions to a range of industries, has started recruiting locals to work at its plant in Bekescsaba (SE Hungary), the company told MTI. VSG aims to fill positions at the plant with as many Hungarians as possible, the company said. "All interviews conducted till now have […]
Austrian-owned Marzek Kner Packaging inaugurated an expansion at its base in Békéscsaba (SE Hungary) on Friday. The company completed expansions worth HUF 5.5 billion in recent years, securing 480 jobs, with government support of HUF 1.5 billion. More than half of Marzek Kner Packaging products are sold on export markets, and production at the site […]
