Take-up on the industrial property market in and around Budapest reached 261,600 sqm in the fourth quarter, the Budapest Research Forum (BRF) said on Tuesday. According to a summary sent to MTI, the largest handover of the quarter was the first hall of CTPark BudapestÉrd, with a floor area of 53,000 sqm. New leases accounted […]
The number of new passenger car registrations in Hungary rose 6.4% to 129,440 in 2025, data compiled by the European Automobile Manufacturers' Association (ACEA) show. Hybrid electric and plug-in hybrid vehicles accounted for 56% of sales, cars with petrol engines made up 24% and vehicles with diesel engines 11%. Fully-electric vehicles accounted for almost 9% […]
The strategic partnership between the Hungarian Interchurch Aid and Mastercard will continue in 2026. Innovative, secure digital platforms for fundraising, which have significantly increased the efficiency of Advent fundraising, are playing an increasingly important role in the joint effort to support the aid organization's operations. Card donations proved to be extremely successful overall: 2,000 donors […]
MBH Bank, Hungary's second-biggest commercial lender, on Monday announced that it will issue a EUR 500m five-year bond on February 2. Investors had offered to subscribe EUR 2.2 billion of the MREL (Minimum Requirement for own funds and Eligible Liabilities)-eligible funding, more than four times higher than the original offer, MBH said. During the transaction, […]
Investors became more cautious as buyers, but remained very active as sellers on the real estate market in 2025, real estate broker Duna House told MTI on Monday. According to the company's data, investment purchases accounted for approximately 23% of total national turnover for the year as a whole, down from nearly 27% at the […]
The 44th AGROmashEXPO and Agricultural Machinery Show, which ended over the weekend in the Hungarian capital, welcomed nearly 35,000 visitors, the Hungexpo Budapest Congress and Exhibition Center told MTI on Monday. According to the event venue, this was the most successful agricultural exhibition in recent years. The outstanding interest confirms the international significance of the […]
Beer producer HEINEKEN Hungária started the year with some important changes: Sára Palcsó joined the company as trade marketing manager, while Ádám Zahovay, the previous trade marketing manager, will continue his career as group brand manager responsible for HEINEKEN's mainstream brands, the company says in a statement. Ádám Zahovay has been working in marketing for […]
The year begins with an exhibition at the Korean Cultural Center: "Echoes of Korea in Hungarian Handicrafts" shows how the spirit of traditional Korean art meets the creativity of Hungarian artists. The exhibition is not just a presentation of a distant culture, but rather the story of a living, evolving community where students become masters […]
On Friday, the The Budapest Stock Exchange (BSE) share index (BUX) closed at 125,061.81 points, 2.25% higher than a week earlier and just 136 points shy of its historic high set on Thursday. Weekly turnover was HUF 124.9 billion, following HUF 108.2 billion the previous week, with leading shares strengthening, except for Richter, and OTP […]
Grammy Award–winning American jazz-soul singer Gregory Porter will take the stage and get everyone dancing this August at the Paloznak Jazz Piknik at Lake Balaton, the organizers have announced. Gregory Porter stormed the world with his unique sound, bringing contemporary jazz to the masses. He has received numerous accolades, including two Grammy Awards for Best […]
MVM Tisza Power Plant Ltd. is implementing its latest investment in the power plant area with the help of a total of 4.185 billion forints in non-repayable European Union funding. A battery energy storage unit with a nominal capacity of 31 MW and a capacity of 62 MWh is being built at the Tiszaújváros site […]
German-owned SICK, which makes smart optical sensors, completed a HUF 10 billion plant and warehouse in Kunsziget (NW Hungary) on Friday, MTI reports. The development expanded production capacity by 50%. Managing director Imre Zsolt Vidó said at the handover ceremony that the project, which took several years to complete, expanded the area of the base […]
India-based automotive supplier Motherson is expanding its activities in Hungary with a series of investments, including a research and development program and the establishment of a business services center, the Hungarian Investment Promotion Agency (HIPA) reports. Motherson’s EUR 54 million Hungarian R&D project deals with AI-based sensors and advanced visual systems integrated into rear-view mirrors. […]
For the period October-December, the average number of employed reached 4,624,000, 46,000 fewer than in the same period a year earlier. The number of people employed on the primary market stood at 4,457,000, down 58,000 from a year earlier, data released by the Central Statistics Office (KSH) on Friday show. The number of Hungarians working […]
Europe stands at a critical juncture. With geopolitical tensions rising, technology races accelerating, and global competitors surging ahead, the continent can no longer rely on past strengths alone. But, according to McKinsey’s latest analysis, this moment also presents a unique opportunity for renewal if bold action is taken now. Despite ongoing efforts to reform and […]
