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Budapest Awarded the EU Mission Label

D&T
May 7, 2025

The EU Mission label was awarded to 39 new cities, including the Hungarian capital during the Mission Label Ceremony at the Cities Mission Conference 2025 in the Lithuanian capital, Vilnius, the Budapest Mayor's Office told MTI. This recognition that highlights the participants' ambitious plans to reach climate neutrality by 2030 and is designed to help […]

Valley of Arts Festival Near Lake Balaton in July

D&T
May 7, 2025

With new venues and around 3,000 programs ranging from visual arts to new circus and music, the Valley of Arts is waiting for visitors between July 18 and 27 in Kapolcs, Taliándörögd and Vigántpetend in an area north of Lake Balaton. Speaking at a press conference in Budapest on Wednesday, Minister of Public Administration and […]

Hungarian Tourism Continues to Boom

D&T
May 7, 2025

This year, Hungary welcomed its five millionth visitor on May 6, eleven days earlier than last year's record year. Never before have so many Hungarians rested within the country's borders and never before have so many foreign tourists arrived so early in the year, Visit Hungary told MTI on Wednesday. According to the National Tourism […]

Dutch Film Days in Budapest

D&T
May 7, 2025

The Dutch Film Days at Toldi Cinema in the Hungarian capital are celebrating the richness of movies from the Netherlands through a strong selection of classics and recently released films between May 7 and 11. Over the past few decades, Dutch filmmakers have developed a distinctive voice in global cinema, blending local stories with universal […]

Companies in Hungary Brace for an Uncertain Environment

D&T
May 7, 2025

Hungarian businesses have settled into an uncertain economic environment, according to a recent business survey by the German-Hungarian Chamber of Industry and Commerce (DUIHK), with both the general economic situation and the company's own business assessments looking gloomy in the long term, the president of the chamber, András Sávos, said at a press conference in […]

Solar Energy to Power Nestlé Operations in Szerencs

D&T
May 7, 2025

Nestlé Hungária Ltd. has inaugurated a new solar park in Szerencs, NE Hungary, representing an investment of EUR 1.8 million, the Hungarian Investment Promotion Agency (HIPA) reports. The facility will generate approximately 1.5 GWh of electricity annually and marks the latest development in the operations of the Swiss company, which has been present in Hungary […]

Record Value of Corporate Acquisitions in Hungary

D&T
May 7, 2025

The total value of corporate mergers and acquisitions (M&A) in Hungary rose to a record high last year, with 110 transactions worth an estimated USD 9 billion. The number of deals was virtually stagnant compared to the previous year, but their estimated total value set a record with an increase of almost 40 percentage points […]

Ferenc Liszt International Airport 75 Years Old Today

D&T
May 7, 2025

Budapest’s international airport, the gateway to Hungary, was opened to the traveling public exactly seventy-five years ago, on May 7, 1950. Over the past seven and a half decades, hundreds of millions of passengers and millions of aircraft have used the runways and terminal buildings at the area called ‘Ferihegy’. The airport has been voted […]

Hardly Any Change in Retail Sales in Hungary Year-On-Year

D&T
May 7, 2025

In March 2025, the volume of retail trade was 0.4% lower in raw data, or 0.4% higher in calendar (and Easter effects) adjusted terms, than in the same month of the previous year, the Hungarian Central Statistical Office reports. Compared to the same period of the previous year, calendar-adjusted sale volumes expanded by 1.2% in […]

Hungarian Press Photo Contest 2024

D&T
May 6, 2025

The Photojournalists' Section of the National Association of Hungarian Journalists (MÚOSZ)has organized the Hungarian Press Photo Contest again this year. It is a showcase of the most interesting Hungarian press photos taken in 2024. The 43rd Hungarian Press Photo Exhibition presents a selection of these photos. 282 photographers submitted 2,566 entries for prizes in 16 […]

More Handprints on the Wall of Hungarian Sports Stars

D&T
May 6, 2025

At an event held at the Hungarian University of Physical Education and Sports Sciences in Budapest to celebrate the 100th anniversary of the university's foundation this year, six more athletes' handprints were placed on the Wall of Hungarian Sports Stars, according to MTI. The Wall of Hungarian Sports Stars was founded in the early 1990s […]

High Number of Construction Permits in Budapest

D&T
May 6, 2025

In Q1 2025, 2,704 new dwellings were built, 2.7% fewer than a year earlier. The number of dwellings to be built on the basis of construction permits and simple declarations was 5,651, 25% more than in the same period of 2024, the Hungarian Central Statistical Office reports. In the first quarter of 2025, 2,704 dwellings […]

Increasing Annual Revenue at AutoWallis Group in 2024

D&T
May 6, 2025

Vehicle trading company and mobility service provider AutoWallis Group's revenue exceeded HUF 398.4 billion las year, which is HUF 32.2 billion (or 8.8%) higher than the revenue for the previous year, the Group announced on the website of the Budapest Stock Exchange. The report says organic growth in the Group's revenue was 7%, which is […]

New Phase in Airport Noise Protection Program

D&T
May 6, 2025

The largest noise protection program, launched by the For the Neighbors of Budapest Airport Foundation in 2022 with the involvement of 4,000 properties in total, is continuing with the inclusion of additional areas of Districts 10 and 18 in Budapest and Üllő, according to a statement by Budapest Airport, the operator of the Ferenc Liszt […]

Strong energy dependence, a threat to national sovereignty

D&T
May 6, 2025

According to press reports, the Trump administration has expressed interest in reducing Hungary’s reliance on Russian energy sources, recommending the purchase of American liquefied natural gas (LNG) and nuclear technology instead. This aligns with a key pillar of sovereignty-focused economic policy: the pursuit of energy independence, the Hungarian Economic Reasearch Institute GKI says in its […]

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