Five Hungarian furniture makers are showing at the Ambiente international consumer goods fair in Frankfurt on February 6-10, Creative Hungary has announced. The showcase of Econor Design, KARA + CO, Loomiosa, Rotte Group and YOZA is organized Creative Hungary (formely called Hungarian Fashion and Design Agency). According to the announcement, the collective presence under the […]
Based on data by the Central Statistical Office (KSH), the GKI economic research institute examined the structure of Hungarian health care expenditures, which provides an important picture of the extent to which the system relies on public resources, and of the role played by household financing and voluntary health insurance financing within the system. For […]
The Ferenc Liszt Academy of Music in Budapest awarded world-renowned Hungarian composer György Kurtág an honorary doctorate on the occasion of his 100th birthday. The artist, who is a former student and teacher at the Academy of Music, received his honorary doctorate from the university's management on Friday. György Kurtág is twice winner of the […]
Dreher Breweries Plc. held a ceremony to mark a key milestone in the first phase of its decade-long, EUR 240 million development program. The event also saw the signing of a Strategic Cooperation Agreement with the Hungarian government. As a result, Dreher Breweries Plc. became the government’s 103rd strategic partner. The company continues to operate […]
The internationally well-known pianist and conductor performed with the world's leading orchestras and conductors, and worked with more than a hundred orchestras as a conductor. Tamás Vásáry was born on August 11, 1933, in Debrecen and began his musical career as a young boy: at the age of ten, he became a student of Ernő […]
The Hungarian Franchise Association has awarded Duna House the "Domestic Network Successfully Expanding Abroad" award. The award confirms the results of the group's European expansion: the Hungarian-founded company now has a presence in Hungary, Poland, Italy and Spain with real estate networks and bank-independent credit intermediation services, Duna House told MTI on Friday. They recalled […]
Despite ongoing international recessionary pressures, Hungary’s bottled wine export figures have shown a steady upward trend since 2022, with positive developments emerging across key performance indicators, according to a press release by the Hungarian Wine Marketing Agency. The statement says the Hungarian Wine Marketing Agency began its work in early 2023 following a clear strategic […]
Output of Hungary's industrial sector rose 1.8% year-on-year in December, a first reading of data released by the Central Statistical Office (KSH) on Friday morning shows. However, output fell 1.0% when adjusted for the number of workdays. Output rose in the majority of the manufacturing subsections compared to the same month of the previous year, […]
Hungary’s economic growth slowed to a crawl at the end of 2025, with fourth-quarter GDP expanding just 0.2% quarter-on-quarter. This tepid finish dragged full-year growth down to approximately 0.4%, well below initial projections and even weaker than Hungary’s 2024 performance. Despite ramped-up government spending late in the year, the stimulus failed to meaningfully boost overall […]
The 32nd Fishing, Hunting and Arms International Exhibition (FeHoVa) opened at the Hungexpo fair grounds in Budapest on Thursday. The fair, which boasts 200 exhibitors from thirteen countries, runs through Sunday. At the opening ceremony, Minister of Agriculture István Nagy said that during the 2024/25 hunting season, 328,000 large game animals and 559,000 hares and […]
Zhejiang Shuanghuan Driveline inaugurated the electric vehicle parts plant of Evoring, the China-based firm’s Hungarian subsidiary, the Hungarian Investment Promotion Agency (HIPA) reports. The EUR 104.4 million greenfield investment, implemented with the support of HIPA includes a 24,000 square-meter production complex supported by solar panels and a heat-pump system. The manufacturing base in Jászfényszaru (central […]
The Board of Directors of the Hungarian liquor producer Zwack Unicum Plc. has approved the management’s report about the results of the company in the first three quarters of the 2025–2026 business year. As reported by the company on the website of the Budapest Stock Exchange, both gross and net sales show a slight increase. […]
Retail sales in Hungary rose 4.0% year-on-year in December, data released by the Central Statistical Office (KSH) on Thursday show. Retail sales rose 3.5% when adjusted for calendar year effects. Adjusted food sales increased 2.1%, non-food sales climbed 4.3% and vehicle fuel sales rose 1.7%. Online and mail-order sales volume, which accounted for 9.3% of […]
The University of Debrecen (DE) and the biotechnology company AstraZeneca have entered into a strategic partnership: the agreement signed on Wednesday aims, among other things, to support the early detection of diseases, strengthening appropriate diagnostic pathways, and improving patient management in areas that are considered widespread diseases in Hungary, such as cancer, cardiovascular disease and […]
The infrastructural development of the Austrian company Binder Industrial Structure Construction Ltd. in Csönge, a village near the Austrian border, further strengthens the region’s economic growth, the Hungarian Investment Promotion Agency (HIPA) reports. The company, specializing in the production of metal structures, is investing EUR 8 million, primarily aimed at expanding the capacity of its […]
