Output of Hungary's industrial sector fell 7.3% year-on-year in August, a first reading of data released by the Central Statistical Office (KSH) on Tuesday shows. Output was also down 4.6% when adjusted for the number of workdays. Output fell in all but one of the branches of manufacturing. Output was significantly down in the automotive […]
Thirty-four Hungarian exhibitors are showing their products at a national stand organized by Agrármarketing Centrum at the Anuga food trade fair in Cologne, Germany on October 4-8, MTI reports Around 8,000 exhibitors from 110 countries are participating at the fair. The Hungarian participants are showing paprika, honey, fruit squash, foie gras and special seed oil […]
Commissions revenue of Duna House's franchise network rose 35% year-on-year to HUF 5.2 billion in the third quarter, the listed real estate broker said in a report based on preliminary data. Commissions revenue in Hungary climbed 38.7% to HUF 3.9 billion. In Poland, commissions revenue rose 22.6% to HUF 1.2 billion. Revenue growth was driven […]
The number of travelers in Hungary surpassed 15 million by the end of September, Visit Hungary, a unit of the Hungarian Tourism Agency (MTÜ), said on Monday based on figures from the National Tourism Data Service Center (NTAK). Visit Hungary CEO Olivér Csendes said that "the fact that we exceeded the fifteen millionth guest mark […]
France is an important economic partner to Hungary and the fifth largest investor in this country, with almost 50,000 people working for French companies here. In an extensive interview with Diplomacy&Trade, French Ambassador Jonathan Lacôte, who is quite familiar with this country, also discusses the importance of keeping a very strong political dialogue with Hungary […]
In August 2025, the volume of retail trade was 1.9% higher in raw data, or 2.4% higher in calendar adjusted terms, than in the same month of the previous year, the country's Central Statistics Office (KSH) reported this Monday. According to seasonally and calendar adjusted data, the volume of retail sales was 0.8% up on […]
DBH Serviced Office will now operate under the name DBH Flex, and Michael P. Smithing, a long-time key player in the Central and Eastern European office market, has been appointed to head the company. According to a statement released by the company, the name change signals that flexible office solutions and modern work culture are […]
The Budapest Stock Exchange (BÉT) share index, BUX, strengthened amid declining turnover this week, closing at 462.96 points on Friday, up 1,255.17 points, or 1.27%, from a week earlier. Weekly turnover was HUF 52.73 billion, following HUF 66.48 billion the previous week, with leading shares strengthening except for OTP. Equilor Investment Ltd. highlighted in its […]
The National Bank of Hungary (MNB) is issuing a non-ferrous metal collector coin with a face value of 3,000 forints named ‘Kuvasz’ on October 4, 2025, on World Animal Day. It is the sixth in the series of Hungarian shepherd and hunting dog breeds launched in 2019. In 2004, all autochthonous dog breeds, including the […]
The Tourism Summit international conference, the summit meeting of the tourism industry, will be held in Budapest on October 14-15, organizer Visit Hungary told MTI. According to their information, more than a thousand people have registered for the event, which will be hosted by the Bálna center in the Hungarian capital. The event, which will […]
Deloitte Private's Best Managed Companies business mentoring program was launched in Hungary in 2022 with the aim of providing professional support to privately owned companies in the country and recognizing outstanding performance. Based on this year's decision by an independent jury, 26 companies have been awarded the Best Managed Companies certification, the consulting firm told […]
German defense industry giant Rheinmetall is set to establish a new service center for development and engineering in the southwestern Hungarian city of Zalaegerszeg, the Hungarian Investment Promotion Agency (HIPA) reports. According to the statement released, the EUR 9.54 million investment – about 15% of which is covered by Hungarian taxpayers through a government grant […]
Hungarian haulier Waberer's International has inaugurated an almost HUF 1bn expansion of its vehicle service facilities at its base in Mosonmagyaróvár (NW Hungary) on Friday. As part of the investment, a repair shop, service building, tire repair shop and vehicle washer were built and expanded. Last year, nearly 2,700 trailers and 2,100 semi-trailers were serviced […]
Sales of the BMW brand increased by 23% and MINI sales by 75% in the first nine months of 2025 compared to the same period last year, significantly exceeding the 7.7% growth of the Hungarian new car market, BMW Group Hungary informed MTI on Friday. According to the announcement, BMW sold 5,283 vehicles and MINI […]
First-half consolidated revenue, in 2025, of Vajda-Papír, Hungary's biggest maker of hygienic paper products, rose to HUF 38 billion from HUF 34 billion in the base period, the company told MTI on Friday. Pre-tax profit climbed to HUF 3.7 billion from HUF 3.2 billion. Vajda-Papír's stable, long-term competitive business model has enabled it to grow […]
