Swiss-owned MAM-Hungária Ltd., which makes bottles and pacifiers for infants, is undertaking a HUF 4.5 billion capacity expansion at its base in Vaskeresztes (W Hungary). Since 1990, the factory in Vaskeresztes has been producing baby pacifiers, bottles, cups and oral care products, significantly contributing to the region’s economic development. Products manufactured in Hungary reach more […]
Companies in Hungary are more cautious but still fundamentally optimistic about 2026: 44% of companies expect revenue growth, while just under 10% expect a decline, according to the Randstad HR trends survey 2026. The executive summary of the survey suggests labor costs remain the biggest business challenge, while increasing productivity and efficiency are also becoming […]
The Budapest Stock Exchange (BÉT) share index, BUX, rose 3.01% compared to last Friday, ending the week at a historic high of 128,831.58 points, MTI reports. Total turnover increased from HUF 124.899 billion to HUF 139.907 billion on a weekly basis, with leading shares strengthening. The BUX hit new highs on Monday, Tuesday, and Wednesday, […]
Low-budget air carrier Wizz Air remains committed to the Hungarian market in the long term and will continue to strive for stability, reliability and predictability in the future, the CEO of the airline, József Váradi emphasized at a background briefing in Budapest this week. He emphasized that Wizz Air is a Hungarian airline that started […]
Sales in Hungary of Swedish home furnishings giant IKEA rose 4.4% to HUF 144 billion in its business year ended August 31, IKEA Hungary said in a statement. According to the assessment, the key to the year's success was continuous price reductions. The company has provided customers with a total of 6.5 billion forints in […]
More than fifty accompanying programs will add color to this year's Budapest Central European Fashion Week, which will welcome audiences across the city between February 9 and 15 with exhibitions, showroom and studio visits, pop-up events, workshops, professional discussions, and community programs in addition to the fashion shows. The multi-day series of events aims to […]
MVM Paks Nuclear Power Plant Ltd. generated 16,097.9 gigawatt hours of electricity in 2025, which, despite four major repairs carried out during the year, is the second highest production result in the plant's history, the nuclear power plant told MTI on Friday. The announcement recalled that at the end of 2015, the nuclear power plant […]
Preliminary data show the number of births falling in Hungary by 4.9% last December compared with the same month of the previous year, while deaths declined by 7.8%, the Central Statistical Office (KSH) said on Friday. Altogether, 6,020 children were born in December 2025 and 10,811 people died, while the natural decrease in the population […]
Hungarian-owned AgroSprint, a supplier of frozen fruit and vegetables, will invest HUF 9 billion at two locations, Nyírlugos (NE Hungary) and Karcag (E Hungary), expanding capacity, MTI reports. AgroSprint will set up a product development base in Nyírlugos and a new packaging plant in Karcag. The company exports 60% of its output and buys produce […]
MOL Group has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC). The Memorandum of Understanding sets the foundation for cooperation in hydrocarbons exploration, technological innovation and crude trading. The memorandum of understanding was signed in Budapest by MOL Group Chairman and CEO Zsolt Hernádi and Masoud Suleman, Chairman of the National […]
The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion recommending the approval of Hungarian pharmaceutical company Gedeon Richter's drug FYLREVY as hormone replacement therapy for estrogen deficiency symptoms, Richter said on Friday. The European Commission will review the CHMP recommendation for a final decision […]
Hungarian-owned EL-Q Invest Ltd. has invested EUR 6.8 million to build a new nitrogen production plant at its Pécs site. This ensures a reliable and continuous nitrogen supply for companies in Baranya, lowering the risk of disruptions. During the production process – especially in the manufacturing of electronic components and chips – a clean, contaminant-free […]
According to a survey by GKI Economic Research Co., conducted with EU support, consumer outlooks in January remained unchanged compared with December, while those of companies deteriorated slightly. The summary indicator of expectations, the GKI Business Climate Index, fell by almost three points. Firms’ willingness to hire remained unchanged, and their overall expectations for the […]
Last year, nearly 2.4 million people traveled on the ships and ferries of Balaton Shipping Co. (BAHART), which is one of the best performances in the last 30 years and exceeds the 2024 traffic data by 53,000, the company told MTI on Friday. According to their information, the number of passengers choosing passenger ships on […]
Hungary’s opposition politics are entering a decisive new phase and Péter Magyar, the fast-rising leader of the Tisza Party, is making it clear he wants this year’s parliamentary election to become a straight fight against Prime Minister Viktor Orbán. In a pointed appeal to rival anti-government forces, Péter Magyar urged smaller opposition parties to step […]
