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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Time Out Market is the world's first food and cultural market, carefully curated by experts to bring the best of a given city together under one roof. In 2014, a historic market building in Lisbon was turned into the first Time Out Market and today, there are twelve such markets globally in cities like New […]
The Budapest Stock Exchange's share index, the BUX, closed at 101,990.76 points on Friday, up 604.28 points or 0.6% on the previous day. The stock market turnover was HUF 13.8 billion, with leading shares strengthening compared to the previous day's close, with the exception of OTP. Péter Aradványi, chief analyst at Equilor Investment Ltd., said […]
The Hungexpo Budapest Congress and Exhibition Center – in line with international trends – continues to place increasing emphasis on the development of conference tourism. Within this sector, 2026 is set to be a particularly strong year for scientific and technological events. A key factor in this growth is the support of its French owner, […]
The European Commission on Friday adopted a proposal to pay EUR 10.8 million in support to Hungarian farmers hit by spring frost. All grape and fruit growers who have suffered a verified loss of more than 30% of their yield will be eligible for this aid, in addition to the damage mitigation allowance. The EC […]
Chief Warrant Officer László Kaszab was appointed Command Senior Enlisted Leader (CSEL) at NATO's Allied Command Operations (ACO) in Mons, Belgium as the first Hungarian to receive that position at the NATO Supreme Headquarters Allied Powers Europe (SHAPE). At an event marking his appointment, Hungarian Armed Forces Commander Gábor Böröndi told Hungarian journalists that Kaszab's […]
A new construction industry plant powered by solar panels and heat pump systems is being established in the southern Hungarian town of Dunavecse through a joint venture between a Hungarian and a Serbian company. The EUR 24 million project, with almost a quarter ofthe costs covered by Hungarian taxpayers through a government decision, is launched […]
