On January 1, 2026, Zoltán Magyari, previously Deputy CEO, took over the management of Continental Tobacco Corporation from Csaba Füzi, who had served as CEO since June 2005. Following in the footsteps of his predecessor, the new CEO considers predictable growth and increased operational efficiency to be his primary tasks, while adapting to changes in […]
The number of registered jobseekers in Hungary reached a record low of 216,082 in December, falling almost 4,000 from the same month a year earlier, accordingt data by the National Employment Service (NFSZ). Support by the European Union play an important role in helping jobseekers in Hungary. The Youth Guarantee Plus program, which supports young […]
Output of Hungary's construction sector fell 5.6% year-on-year in November, MTI quotes data released by the Central Statistical Office (KSH) on Wednesday. Construction sector output declined 3.6% when adjusted for the number of workdays. Output of the buildings segment climbed 7.7%, while civil engineering output dropped 20.0%. In absolute terms, construction sector output reached HUF […]
According to a survey by the economic research institute GKI, 27% of companies provide the option of working from home to at least some of their employees. Home office has thus become a stable but highly segmented form of employment in Hungary. The prevalence of working from home is outstanding in the service sector and […]
German-owned automotive supplier ZF Chassis Modules will invest HUF 10bn in Debrecen (E Hungary), creating 230 jobs, Minister of Foreign Affairs and Trade Péter Szijjártó said on Tuesday. The company will make front and rear axles at the new plant exclusively for electric vehicles made at the BMW plant in Debrecen. Output of Hungary's automotive […]
A project was inaugurated at the Nyíregyháza Industrial Park in NE Hungary, in the northeast corner of the country, on Tuesday, the Ministry of Foreign Affairs and Trade said in a statement. According to the statement, decision to build a new, 640-hectare industrial park in the city was taken after its first one had reached […]
"According to plans, both runways at the airport will reopen at 1 p.m., so practically at any moment. We have cleared and de-iced the runways, but the highest, level three snow alert remains in effect at the airport," Katalin Valentinyi, Chief Corporate Communications and Government Relations Officer at the operator company Budapest Airport on Tuesday […]
President Tamás Sulyok has set the date for Hungary's next parliamentary elections at Sunday, April 12, 2026 the presidential office said on Tuesday. "Free elections are the basis of representational democracy and an outstanding event expressing the sovereignty of the people, in which each voting age Hungarian citizen can make a free and responsible decision […]
Arriving and departing flights are being temporarily halted at Liszt Ferenc International due to black ice and extreme icing, operator Budapest Airport said on Tuesday. Flights were halted at 10:25 for safety reasons, Budapest Airport added. In an update a little before noon, Budapest Airport said that the nose gear of Ethiopian Airlines cargo flight […]
In December 2025, consumer prices in Hungary were 3.3% higher on average than a year earlier and 0.1% higher than in the previous month, according to official figures published by the country's Central Statistical Office. In 2025, prices were up by 4.4% on average compared to the previous year. In 12 months, compared to December […]
“The performance of the Hungarian stock market set a number of new records in 2025, which says a great deal about the state of the Hungarian economy,” according to Governor of the National Bank of Hungary (MNB) Mihály Varga, speaking at the start-of-the-year press conference held at the Budapest Stock Exchange. He added that last […]
Express One Hungary, an express delivery company owned by Austrian Post Group, has acquired local peer Delivery Solutions, which operates the SAMEDAY brand, Austrian Post Group said late Monday. With this transaction, all Sameday employees, customers, infrastructure, and 1,100 parcel machines will be transferred to Express One, making the company one of Hungary's largest operators […]
The Hungarian government signed a strategic cooperation agreement with German-owned electronic components maker Rosenberger at the inauguration of an investment at the company's base in Jászárokszállás (E Hungary) on Monday, the Ministry of Foreign Affairs and Trade said in a statement. Minister of Foreign Affairs and Trade Péter Szijjártó was of the view that the […]
In January, mathematics takes center stage at the Hungarian Academy of Sciences (MTA), where the Department of Mathematical Sciences welcomes visitors with public lectures, film screenings, and an exhibition showcasing the world-renowned achievements of Hungarian mathematicians, organizers told MTI. As part of a series of celebrations marking the 200th anniversary of the founding of the […]
Utilisation of Hungary's ZalaZONE vehicle proving ground will climb in 2026 as the track in Zalaegerszeg (SW Hungary) draws more business partners and further investments, the head of the board of trustees of the ZalaZONE Foundation, László Palkovics said at a press conference on site on Monday. He projected that new capacities would come to […]
