Consumer prices were 4.3% higher on average in Hungary in September 2025 than a year earlier. Compared to August, prices were unchanged on average, according to the country's Central Statistical Office. Food prices rose 4.7%, but increased just 3.0% excluding the price of eating out. The price of eggs jumped 18.2% and cooking oil prices […]
Inna Ocheretna will take over as managing director of Raben Trans European Hungary on October 1, Dutch logistics provider Raben Group told MTI on Tuesday. Inna Ocheretna joined the Raben Ukraine team in 2007, where she worked as managing director from 2019, according to the announcement. According to information on the Raben Trans European Hungary […]
The French-Hungarian Chamber of Commerce and Industry (CCI France Hongrie – CCIFH) will celebrate its 35th anniversary next year. On its website, it encourages its current and future members to boost their business with the participation and assistance of the Chamber. The organization's president, László Károlyi, and its director, Ágnes Ducrot, tell Diplomacy&Trade what kind […]
The American Condé Nast Traveler and the British Condé Nast Traveller have published the results of their annual Readers’ Choice Awards poll, according to which the Aria Hotel Budapest by Library Hotel Collection received two separate awards: readers of both publications independently ranked the hotel sixth among the best hotels in the region, which includes […]
Hungarian CFOs are responding to economic difficulties and skills shortages not only with short-term cost optimization, but also with long-term technological modernization. Last year, 57% of CFOs introduced cost-cutting measures, while 62% are planning automation and digitalization developments over the next three years. This is stated, among other things, in PwC's 7th Hungarian CFO Survey. […]
Sixteen Hungarian financial institutions have joined forces to officially establish HuSif – the Hungarian Sustainable Investment and Finance Association, MTI reports. The preparation of the Association has been underway since autumn 2024, and with the participation of key players from the financial sector, HuSif is now ready to begin its official activities. HuSif’s mission is […]
Samsung has announced the ten participants in the first pan-European final of its 'Solutions for Tomorrow' challenge. The international competition will be held in Milan, Italy, at the end of October. The finalists will represent their countries with their own technologically innovative ideas, thereby promoting international networking. The jury selecting the participants evaluated the creativity […]
Green license plates were issued for 22,628 all-electric cars in January-September in Hungary, the Energy Ministry said in a post on social media on Tuesday. The ministry noted that the number of plates issued in the first nine months was higher than for the entire year of 2024, so assuming a steady pace, the new […]
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 […]
