The Hungarian Food Business Program and eight Hungarian food industry companies will be showcasing their products at the WorldFood Poland International Food & Drink, Food Processing and Packaging Exhibition exhibition in Warsaw starting Tuesday, the Agricultural Marketing Center (AMC) told MTI. The AMC’s joint booth will showcase both the latest innovations and traditional aspects of […]
Fitch Ratings said Hungary's incoming government faces "significant macroeconomic and public finances challenges" due to low growth, a large fiscal deficit, and high and rising government debt. The Tisza Party's landslide victory in Sunday's election, giving it a two-thirds majority in parliament, should support improved relations with the European Union and ease the risk of […]
The goal of the investment is to provide state-of-the-art warehousing and logistics solutions that enable the company to meet the partners' growing needs with high-quality service. BHS Trans Ltd., a Hungarian-owned company and strategic partner of HELL Energy, specializes in warehousing and logistics operations. The company has established a logistics center worth nearly EUR 35 […]
The Hungarian Banking Association and the Confederation of Hungarian Business (VOSZ) both congratulated the Tisza Party on its election victory and offered cooperation to the new government. The Hungarian Banking Association said in a statement that "the Tisza Party's unequivocal victory could open a new chapter for European integration and the development of the Hungarian […]
According to the monthly balance of payments data released by the National Bank of Hungary (MNB) on Monday, the country’s balance of payments with foreign countries turned positive in February. The combined balance of the current account and the capital account turned to a surplus of EUR 317 million in February, according to preliminary data, […]
Construction output volume, based on both raw and working day adjusted data, was 0.4% lower than a year earlier. Among the main construction groups the construction of buildings increased by 2.2%, that of civil engineering lessened by 6.3%. Based on seasonally and working day adjusted indices construction output was above the January 2026 level by […]
According to data from the first quarter of 2026 household savings survey by the National Bank of Hungary (MNB), both households’ perception of inflation and their inflation expectations have declined significantly. A large proportion of households plan to save in the coming year. The latest round of the central bank’s quarterly data collection program was […]
The opposition Tisza Party has won 138 of the 199 seats in Hungarian parliament, gaining a super majority in Sunday’s general elections to govern the country in the next four years. PM Viktor Orbán conceded defeat Sunday evening. With 98.93% of the votes counted, Fidesz, which has ruled for 16 years, will have 55 seats […]
This is a difficult text to write. Not just because of my usual procrastination, but because it is a farewell. Through this magazine – Diplomacy&Trade, which has been a regular companion, and WittyLeaks a must to read –, this is, in reality, a goodbye to a country, to friends, to almost six years that turned […]
Intermodal traffic in Hungary rose 114% in 2025, the Association of Hungarian Logistics Service Centers (MLSZKSZ) told MTI. According to the association, this clearly shows that Hungary’s role in regional logistics has strengthened; however, the condition of the railway infrastructure and track closure restrictions that hinder traffic are increasingly becoming the biggest obstacles to further […]
The financial services and real estate solutions provider DH Group Plc. started strongly again year 2026: both core segments exceeded the same period of the previous year, starting the year with near-record results, the Group said in a statement on the website of the Budapest Stock Exchange. Financial intermediation performed close to peak levels in […]
The Budapest Stock Exchange (BSE) stock index rose amid increasing trading volume during the four-day trading week; on Friday, the BUX closed at 132,888.20 points, which is 7.17% or 8,891.79 points higher than the previous week’s closing value. Weekly trading volume was HUF 174.33 billion, up from HUF 123.81 billion the previous week, with all […]
Budapest Airport, Hungarian capital’s Ferenc Liszt International Airport ans also part of the VINCI network, presented this Friday a donation of HUF 250 million to the Heim Pál National Pediatric Institute. The support is part of a comprehensive noise protection strategy; in addition to the donation just presented, Budapest Airport is allocating an additional HUF […]
At MOL Group’s Annual General Meeting this week, shareholders approved the Board of Directors' report on the 2025 financial results and adopted the consolidated financial statements. The General Meeting decided to pay a dividend of HUF 241 billion, and re-elected Dr. Oszkár Világi and Dr. György Bacsa as members of the Board of Directors for […]
Hungarian-owned Révész Trans Ltd. has expanded its warehouse capacities at two locations in northeast Hungary. Supported by the Hungarian Investment Promotion Agency (HIPA), the logistics provider has constructed a 5,000-sqm warehouse in Tiszaújváros and a 2,500-sqm facility in Kazincbarcika. The EUR 9 million investment provides new logistics infrastructure to serve industrial companies operating in the […]
