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Study Suggests Hungarians Originated from West Siberia

D&T
Oct 16, 2025

Genetic matches have shown that some Hungarians living in the 10th century had Uralian origins, research led by the Budapest-based Eötvös Lóránd University Research Center for the Humanities (ELTE RCH) shows. In the 'milestone study' published in The Cell journal, ELTE RCH's Institute for Archaeogenomics analysed 120 genomes from western Siberia to the River Volga […]

Slight Change in Business Sentiment in Q3

D&T
Oct 16, 2025

Business confidence measured by the Confederation of Hungarian Business (VOSZ) in Hungary stood at 50% in the third quarter, unchanged from the previous quarter and 2 percentage points down from the same period a year earlier, VOSZ said on Thursday. As MTI reports, the index is based on responses of the some 400 VOSZ member […]

HelloParks: Five Years, Over 500,000 Square Meters

D&T
Oct 16, 2025

HelloParks recognized the market trend early and began developing industrial and logistics business parks in 2020 at three strategic locations around Budapest — in Fót (Budapest North), Maglód (Budapest Airport), and Páty (Budapest West). Following the preparatory work, the company delivered its first two warehouses in 2022 with a total area of 92,000 sqm, which […]

AutoWallis Accelerates Vehicle Sales

D&T
Oct 15, 2025

AutoWallis Group’s vehicle sales rose significantly, by 8.4% in the first nine months of the year. The growth was primarily driven by the Retail Business Unit, which expanded by more than 21%, while the Distribution Business Unit also outperformed last year’s figure by 2.5% after catching up with earlier quarters. The strong sales performance of […]

Rail Cargo Hungaria Strengthens Logistics Ties

D&T
Oct 15, 2025

Rail Cargo Hungaria, a member of Rail Cargo Group, Acemil Holding and China's Taitong International Transport, have signed an agreement strengthening their cooperation, Rail Cargo Hungaria said on Wednesday. The statement says the partners discussed a new freight service between Baoding, a city of 12 million people in China's Hebei province, and Budapest, via Turkey. […]

Songs for all Kinds of Feelings and Sentiments

D&T
Oct 15, 2025

English singer and songwriter Calum Scott is to perform this October in Budapest, returning to the Hungarian capital with a solo concert after stealing the hearts of the Hungarian audience by opening Ed Sheeran's concert last year. He tells Diplomacy&Trade how he tries to help sensitive people with his songs while remaining an everyday person […]

Construction Output Volume Down in Hungary 15.2% Y-on-Y

D&T
Oct 15, 2025

Construction output volume, based on raw data went down by 15.2%, and according to calendar-adjusted data was below the previous year’s level by 13.6% in August 2025, the country's Central Statistical Office reports. Among the main construction groups the construction of buildings lessened by 2.3%, that of civil engineering fell by 34.8%. Based on seasonally […]

International Recognition for a Hungarian Expert

D&T
Oct 14, 2025

Provident's parent company, the International Personal Finance (IPF) Group, received a great honor: Gergely Mikola, the company's Director of Global Corporate Relations, won the International Leadership Grand Prix award at the 2025 European Milestone Awards gala held in London. The prestigious award was presented to Gergely Mikola by Ferenc Kumin, Hungarian Ambassador to the United […]

Independent Foundation to Operate ZalaZONE

D&T
Oct 14, 2025

An independent foundation was established to operate the ZalaZONE vehicle proving ground in Zalaegerszeg (SW Hungary) on Tuesday, MTI reports. A ceremonial inaugural meeting of the ZalaZONE Foundation took place at the ZalaZone Automotive Test Track Conference Center in Zalaegerszeg this Tuesday. The ZalaZONE Foundation was established as a legally, professionally and physically independent entity […]

New Hungarian Contingent to Bulgaria, Serbia Borders

D&T
Oct 14, 2025

A contingent of Hungarian police officers were greeted in Budapest on Tuesday before leaving to assist border control efforts in southern Bulgaria and Serbia, the national police headquarters said on its website. The 26 police officers of the 10th Hungarian contingent heading to Bulgaria and the 35th contingent heading to Serbia were sent off by […]

Harmony Between Traditions and Modernity

D&T
Oct 14, 2025

Korean culture once again took center stage on Margaret Island on the Danube in Budapest, where the Kristály Színtér venue hosted this year's KoreaON festival. The two-day free event attracted huge interest again this year, with more than 10,000 visitors coming to take part in the celebration of Korean cuisine, music, dance and crafts. The […]

Industrial Production Down by 7.3% Y-on-Y in Hungary

D&T
Oct 14, 2025

The volume of industrial production in Hungary lagged behind the one year earlier level by 7.3%, based on working-day adjusted data it declined by 4.6% in August 2025, year-on-year, the Central Statistical Office (KSH) reports. There was a setback in all but one of the manufacturing subsections. According to seasonally and working-day adjusted data, industrial […]

Nolato Hungary headquarters

Nolato Expands with Major Investments in Hungary

D&T
Oct 13, 2025

Swedish medical technology and plastic components manufacturer Nolato has completed a major production capacity expansion in Hungary, and announced new plans for further expanding its footprint in the country, the Hungarian Investment Promotion Agency (HIPA) reports. The investment worth EUR 21.2 million, close to 15% of which is covered by Hungarian taxpayers through a government […]

United Nations Anniversaries Celebrated in Budapest

D&T
Oct 13, 2025

The 80th anniversary of the United Nations as well as the 70th anniversary of Hungary's membership in the United Nations were celebrated at the Aria Hotel Budapest, on the occasion of the hotel's 10th anniversary. The event, held on International Day of Women in Diplomacy, was hosted by Ambassador Katalin Bogyay, President of the Hungarian […]

40th SPAR Marathon Festival in Budapest

D&T
Oct 12, 2025

Hungarian runners won the main event of the 40th Spar Budapest Marathon on Sunday, the second day of the traditional running festival: Viktória Nyikos was the first to cross the finish line in the women's marathon, while Máté Vásárhelyi won the men's race. Vásárhelyi, the national champion on the classic 42.195-meter distance, was also the […]

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