In 2025, HelloParks further strengthened its market position in Hungary’s industrial real estate sector and raised the bar even higher in sustainable industrial property development, the company says in a press statement. In the company’s fifth year of operation, HelloParks completed the largest transaction the sector has seen to date, significantly increased the country’s stock […]
Danish refrigerator manufacturer Vestfrost Solutions is investing HUF 5.6 billion in expanding production capacity at its base in Csongrád (SE Hungary), Minister of Foreign Affairs and Trade Péter Szijjártó announced on Thursday. The government is supporting the investment, which will create 123 workplaces, with a HUF 1.1 billion grant, the minister said according to a […]
Hungarian-owned CE Glass Industries will invest HUF 1.6bn in a capacity expansion at its base in Szatymaz (SE Hungary), Minister of Foreign Affairs and Trade Peter Szijjártó said on Thursday. The government is supporting the investment with HUF 650 million, Szijjártó said, adding that it would secure around 180 local jobs. The minister pointed out […]
German-owned animal feed producer Sano-Modern Takarmányozás Ltd. laid the cornerstone, on Thursday, of a HUF 10 billion feed mixing plant that will triple capacity at its base in Csém (NW Hungary). The new plant, to be completed by October 2028, will have capacity to produce 120,000 tons of feed a year. Managing director Zsolt Csorba […]
Hungary's cash flow-based general government deficit reached HUF 5,738.7bn at the end of December, the Ministry of National Economy confirmed in a detailed reading of data on Thursday. As MTI reports, the central budget gap reached HUF 5,500.1 billion and the social insurance funds were HUF 245.9 billion in the red, but separate state funds […]
On the Hungarian Culture, the Janus Pannonius Museum (JPM) launched Vasarely 2026 to mark the 120th anniversary of the world renowned Hungarian fine artist Victor Vasarely's birth and the 50th anniversary of the opening of the museum in Pécs that exhibits his works, the museum informed MTI on Thursday. The institution, which performs public collection […]
American thermoelectric technology specialist Gentherm is expanding its operation in Hungary with a new research and development program, the Hungarian Investment Promotion Agency (HIPA) reports. Supported by the HIPA, the EUR 15.7 million investment will focus on next-generation automotive cabin comfort technologies and temperature management solutions for the medical industry, according to the statement. The […]
Hungarian medical device manufacturer Medicontur Orvostechnika is investing nearly HUF 8 billion in three development projects at its base Zsámbék, on the outskirts of Budapest, Minister of Foreign Affairs and Trade Péter Szijjártó said on Wednesday. Over one third of the cost of the investmentprojects is covered by Hungarian taxpayers as the government is supporting […]
The Hungarian MBH Bank has closed the acquisition of an 80% stake in real estate broker Otthon Centrum from a unit of Biggeorge Holding, the lender said in a disclosure on the website of the Budapest Stock Exchange after the closing bell on Wednesday. MBH Bank, Hungary's second-biggest commercial lender, initially announced the acquisition in […]
Interest in newly built homes in Hungary rose to a multi-year high at the beginning of 2026, while demand for used homes fell significantly compared to the same period last year, ingatlan.com told MTI on Wednesday. The announcement highlighted that the year got off to a mixed start on the Hungarian housing market, with the […]
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 […]
