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 […]
Low‑cost air carrier Wizz Air has been ranked again among the world’s top 50 safest airlines and among the top 10 safest low‑cost airlines globally by Airline Ratings, the global authority on airline safety, product quality, and passenger reviews, Wizz Air says in a press release. “At Wizz Air, safety is the foundation of every […]
Hungary has put a date on its next political reckoning. With the president formally calling the parliamentary election for 12 April 2026, Prime Minister Viktor Orbán and his Fidesz party enter a campaign season that looks markedly less comfortable than in years past, one in which a fast-rising challenger, Péter Magyar’s Tisza Party, is turning […]
BMW Group sales in Hungary rose 23.2% to 7,732 vehicles in 2025, beating the growth rate for the market as a whole, BMW Group Magyarország said on Thursday. Sales of the BMW brand rose 22% to 7,052, making it market leader in the premium segment with 34.1% market share. Sales of the MINI brand surged […]
The Sziget festival, held annually on Óbuda Island in the Danube in Budapest, was again awarded for standing up for societal issues at the European Festival Awards in Groningen, in the Netherlands. The festival was recognized in the category 'Take a Stand', founded to recognize events taking a stand for peaceful dialogue, humanity, tolerance and […]
All segments of the AutoWallis Group delivered a very strong performance in the last quarter of the previous year, setting new records in vehicle sales as well as in service and mobility services in 2025. Last year, AutoWallis’ vehicle sales increased significantly, by nearly 12%, to more than 54,000 units: growth was primarily driven by […]
