GKI Economic Research Co. has once again conducted its survey on artificial intelligence (AI), examining how businesses perceive the growing adoption of AI, the opportunities they associate with it, and the impact they expect it to have on their operations. The analysis focuses on businesses’ perceptions of AI reliability and the development of internal policies […]
The nearly 300,000 rural micro, small, and medium-sized enterprises account for almost two-thirds of the domestic SME sector. In 2025, they provided jobs for nearly one million people, and their combined revenue was more than double that of SMEs in Budapest, according to data from OPTEN. This Wednesday evening, more than 300 rural entrepreneurs celebrated […]
Young talents play a major role in shaping the future of the energy sector: their knowledge, creativity, and innovative thinking will fundamentally shape how the energy system operates and evolves in the coming decades. That is why E.ON strives to reach out to, support, and engage the next generation of professionals in a variety of […]
After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, reached EUR 7,140,000 in Q1-Q3, climbing 17% from the same period a year earlier, an earnings report released after the closing bell on Wednesday shows. Rental revenue edged up 2% to EUR 13,290,000. The occupancy rate at the […]
Hungary's annualised consumer price index rose to 2.0% in October from 1.6% in the previous month, data released by the Central Statistical Office (KSH) on Tuesday show. Food prices dropped 1.1%, but fell a steeper 4.1% excluding the price of eating out. The price of potatoes rose 14.0% and cooking oil was 6.2% dearer, but […]
One of the most important tools for educating children about sustainability is the transfer of knowledge: the more diverse the ways in which children encounter environmental issues – and the more senses these experiences engage – the more deeply that knowledge and mindset can become ingrained in their thinking. Four years of experience with the […]
Net income of Hungarian pharmaceutical company Gedeon Richter rose 7% year-on-year to HUF 174.9bn in Q1-Q3 as revenue edged higher and sales and marketing costs fell, an earnings report released ahead of the opening bell on Tuesday shows. Revenue increased 2% to HUF 695.9 billion. Cost of sales climbed 4% to HUF 221.8 billion. Gross […]
MÁV Hungarian Railways has issued a new public procurement tender for the long-term maintenance of used railcars it plans to purchase from Switzerland, the MÁV Group said on Monday. The tender covers the maintenance of up to 93 used Stadler GTW multiple-unit trains for a period of 15 years. The railway company noted that, pursuant […]
In Hungary, around 60% of construction companies polled by industry association EVOSZ expect revenue to fall in 2026, the body said on Monday. A little over 43% of the 400 companies that responded to the survey said revenue had dropped in the first half. Around 80% of companies said a lack of orders was the […]
UniCredit booked net profit of EUR 84 million at its business in Hungary in the third quarter, down 8% from the same period a year earlier, an earnings report released on Monday shows. Net interest income increased 16% to EUR 98 million and net revenue from fees rose 22% to EUR 51 million. Stock of […]
The southeastern Hungarian town of Hévíz has received international professional recognition for the development of a sustainable tourism destination; alongside winners from Albania, Bosnia and Herzegovina, Brazil and Taiwan, it has earned the Green Destinations bronze certification, the city’s mayor, Péter Naszádos has announced. In his statement, the mayor noted that the Green Destinations Standard […]
The Budapest Stock Exchange (BÉT) stock index fell this week amid rising trading volume; the BUX closed at 143,453.78 points on Friday, down 1,803.56 points, or 1.24%, from the previous week. Weekly trading volume totaled HUF 133.5 billion, up from HUF 126.9 billion the previous week, with leading stocks – with the exception of Magyar […]
The Hungarian government will allocate nearly HUF 60 billion (EUR 165 million) over the coming years to the National Afforestation and Urban Greening Program, the minister for the living environment, László Gajdos, said on social media on Saturday. Under the program, 12 million saplings will be planted, at least 1,320 hectares of new state-owned forest […]
Retail sales in Hungary rose 4.3% year-on-year in September, data released by the Central Statistical Office (KSH) show. Retail sales rose at the same pace when adjusted for calendar year effects. Adjusted food sales edged down 0.1%, non-food sales rose 8.7% and turnover at petrol stations increased 6.2%. Online and mail-order sales volume, which accounted […]
The mayor of Budapest, Gergely Karácsony, and the representatives of UNICEF Hungary signed a cooperation agreement on Friday, regarding a series of programs to be launched next year under the name Cities Turning Green (‘Zöldülő városok’), aimed at involving young people in sustainability planning. Antónia Meszaros, the executive director of UNICEF Hungary, said a priority […]
