Waberer's Logistics Segment and MVM Group have agreed on a new three-year strategic cooperation, under which they will develop a unified, efficient logistics and transport system in the energy sector. The agreement will contribute to increasing MVM's security of supply and operational efficiency, Waberer's Group informed MTI on Friday. The announcement states that Waberer's, which […]
The Hungarian real estate firm Duna House Group had its strongest quarter in Q2 2025. Its quarterly clean core EBITDA jumped 40% to a record HUF 1.7 billion, while clean core profit after tax amounted to HUF 915 million, representing a 32% increase compared to the same period of the previous year, the Group says […]
The volume of investments in Hungary was 8.0% lower according to raw data in the 2nd quarter of 2025 compared to the same period of the previous year, the country's Central Statistical Office (KSH) reports. Compared with the previous quarter, based on seasonally adjusted data, the value of investments lessened by 1.1% at comparative prices. […]
Hungary has reiterated its willingness to host potential peace negotiations between Russia and Ukraine, with Foreign Minister Péter Szijjártó confirming the offer remains open. Speaking in a podcast, Szijjártó said Budapest would provide “fair and safe conditions” if called upon, stressing that Hungary would be pleased to contribute to international peace efforts. The prospect of […]
Following on from the second half of last year, Yettel continued to provide the fastest mobile internet access in Hungary in the first six months of 2025, according to Ookla Speedtest Intelligence and szelessav.net's national average speed measurements, the mobile operator told MTI on Thursday. Based on tests conducted by the independent international organization Ookla, […]
In a joint statement on Thursday, the Ministry of Energy (EM) and the Regulatory Activities Supervisory Authority emphasized that, in order to ensure a secure supply for domestic consumers, it is advisable to rely as much as possible on energy sources available within the country's borders. The steady increase in the amount of energy produced […]
On August 21, the National Bank of Hungary (MNB) issued a special, non-ferrous metal hexagonal collector coin named 'The Former Headquarters of the Red Cross Association' as the 4th element of the coin series presenting the achievements of the National Hauszmann Program. One of the most notable achievements of the National Hauszmann Program to date […]
Research astronauts Bertalan Farkas and Tibor Kapu received the Hungarian Order of St. Stephen from Hungarian President Tamás Sulyok at the Sándor Palace during the national holiday on August 20. The Order of St. Stephen of Hungary is awarded each year as Hungary's highest honor, and this year we would like to express to these […]
The net revenue of ANY Security Printing Company PLC for the first half of 2025 is HUF 38.7 billion, of which HUF 24.8 billion originated from export sales, the company reported this Tuesday on the website of the Budapest Stock Exchange. The summary says HUF 30.4 billion – representing 79% of total revenue – was […]
Shell has retained its leading position on the list of the world's most valuable oil and gas brands, despite its value falling by 10% to USD 45.4 billion over the course of a year, according to a report by Brand Finance, quoted by MTI. The British-Dutch company has now been in first place for eleven […]
General government consolidated gross debt at nominal value was 76.0% of GDP, amounting to HUF 63,981 billion, at the end of 2025 Q2, according to data published by the National Bank of Hungary (MNB). At the beginning of the year, the national debt stood at HUF 59,875.7 billion, which was 73.5% of the gross domestic […]
Compared to the first three months of the year, AutoWallis’ operating efficiency improved, and its revenue increased by nearly 21% to HUF 235 billion in the first half of 2025. The company’s EBITDA was HUF 8.1 billion, reducing the difference from the comparable period of the previous year to 10%, as opposed to the 31% […]
Spar Hungary has invested HUF 2.7 billion in developing its logistics. Last year, the retail company spent more than HUF 700 million on developing its logistics center in Üllő, and this year it has created a new transshipment center in Budapest with an investment of approximately HUF 2 billion, which will make the supply of […]
The Budapest Stock Exchange (BÉT) share index, the BUX, closed weekly trading at 105,146.55 points, up 860.41 points or 0.83%. Total turnover fell from HUF 92.57 billion in the previous week to HUF 55.54 billion, with the four leading stocks strengthening during the week, except for Mol, with Magyar Telekom leading the rise. The BUX […]
AutoWallis is further strengthening its cooperation with the Chinese producer of electric vehicles after reaching an agreement to open a car dealership in Debrecen, E Hungary, the car dealer company says in a statement on the website of the Budapest Stock Exchange. The showroom and service center located in eastern Hungary supports the further growth […]
