According to data from the first quarter of 2026 household savings survey by the National Bank of Hungary (MNB), both households’ perception of inflation and their inflation expectations have declined significantly. A large proportion of households plan to save in the coming year. The latest round of the central bank’s quarterly data collection program was […]
The opposition Tisza Party has won 138 of the 199 seats in Hungarian parliament, gaining a super majority in Sunday’s general elections to govern the country in the next four years. PM Viktor Orbán conceded defeat Sunday evening. With 98.93% of the votes counted, Fidesz, which has ruled for 16 years, will have 55 seats […]
This is a difficult text to write. Not just because of my usual procrastination, but because it is a farewell. Through this magazine – Diplomacy&Trade, which has been a regular companion, and WittyLeaks a must to read –, this is, in reality, a goodbye to a country, to friends, to almost six years that turned […]
Intermodal traffic in Hungary rose 114% in 2025, the Association of Hungarian Logistics Service Centers (MLSZKSZ) told MTI. According to the association, this clearly shows that Hungary’s role in regional logistics has strengthened; however, the condition of the railway infrastructure and track closure restrictions that hinder traffic are increasingly becoming the biggest obstacles to further […]
The financial services and real estate solutions provider DH Group Plc. started strongly again year 2026: both core segments exceeded the same period of the previous year, starting the year with near-record results, the Group said in a statement on the website of the Budapest Stock Exchange. Financial intermediation performed close to peak levels in […]
The Budapest Stock Exchange (BSE) stock index rose amid increasing trading volume during the four-day trading week; on Friday, the BUX closed at 132,888.20 points, which is 7.17% or 8,891.79 points higher than the previous week’s closing value. Weekly trading volume was HUF 174.33 billion, up from HUF 123.81 billion the previous week, with all […]
Budapest Airport, Hungarian capital’s Ferenc Liszt International Airport ans also part of the VINCI network, presented this Friday a donation of HUF 250 million to the Heim Pál National Pediatric Institute. The support is part of a comprehensive noise protection strategy; in addition to the donation just presented, Budapest Airport is allocating an additional HUF […]
At MOL Group’s Annual General Meeting this week, shareholders approved the Board of Directors' report on the 2025 financial results and adopted the consolidated financial statements. The General Meeting decided to pay a dividend of HUF 241 billion, and re-elected Dr. Oszkár Világi and Dr. György Bacsa as members of the Board of Directors for […]
Hungarian-owned Révész Trans Ltd. has expanded its warehouse capacities at two locations in northeast Hungary. Supported by the Hungarian Investment Promotion Agency (HIPA), the logistics provider has constructed a 5,000-sqm warehouse in Tiszaújváros and a 2,500-sqm facility in Kazincbarcika. The EUR 9 million investment provides new logistics infrastructure to serve industrial companies operating in the […]
An investment worth EUR 8.19 million has been inaugurated at the Szirmabesenyő site of the 100% Hungarian-owned Ongropack Ltd., further strengthening the company’s market position in Hungary’s plastics industry. Ongropack Ltd. was founded in 1994 and is the only PVC sheet manufacturer in Central and Eastern Europe. With its foamed sheet products, Ongropack is at […]
Hungary's cash flow-based general government deficit reached HUF 3,420.4 billion at the end of March, the Ministry of National Economy said in a preliminary release of data. The central budget deficit reached HUF 3,242.6 billion and the social security funds were HUF 190.3 billion in the red, but separate state funds had a surplus of […]
OTP Group has been awarded Best Bank in Central & Eastern Europe by Global Finance in its 33rd annual Best Bank Awards, recognizing the Group’s outstanding regional performance, the Bank said in a statement on its website. In addition to the regional title, two OTP Group members earned top national distinctions: OTP Bank was recognized […]
The new European Union Directive 2024/825 on ‘Empowering Consumers for the Green Transition’ (ECGT Directive) will start to apply from September 27, 2026. It amends existing EU consumer laws and imposes new consumer information requirements that will require website changes for traders selling to EU customers. It also introduces stricter rules on claims that will […]
Italian air handling solutions specialist Weger launches an investment in Hungary to expand production capacity, the Hungarian Investment Promotion Agency (HIPA) reports. The EUR 24.6 million project aims at the construction of a 10,000 square-meter production hall in Jászárokszállás (Central Hungary), equipped with advanced machinery, as well as automated and digitalized manufacturing solutions to improve […]
Hungarian Electraplan and German cable tray system specialist Niedax have announced a EUR 72.5 million joint investment in Hungary, the new facility will produce infrastructure components for Germany’s large-scale railway upgrade program. The plant in Vésztő, in south-eastern Hungary, will produce fiberglass-reinforced cable tray systems and covers. With a manufacturing capacity of 5,000 kilometers per […]
