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 […]
Hungary has signed its longest-ever liquefied natural gas (LNG) supply agreement, striking a ten-year deal with French energy company ENGIE, even as Prime Minister Viktor Orbán refuses to heed U.S. calls to cut Russian energy imports. Foreign Minister Péter Szijjártó announced in Budapest that state-owned utility MVM CEEnergy will purchase 400 million cubic metres of […]
On Friday, Saturday, and Sunday, visitors to the Budapest Zoo and Botanical Garden can enjoy special programs celebrating World Animal Day and the 200th anniversary of the birth of the institution's founding director, János Xántus. According to a statement released by the Budapest institution on Thursday, World Animal Day is celebrated around the world every […]
Electronics parts manufacturer Neutrik Hungary inaugurated a HUF 3.7bn investment in Ózd (NE Hungary) on Thursday, MTI reports. The investment by the local unit of Liechtenstein-based Neutrik, which makes audio and video connectors for the entertainment industry, was supported by a HUF 1.4 billion grant (close to 40% of the investment value) by Hungarian taxpayers […]
Hungary's Government Debt Management Agency (AKK) sold HUF 140.0 billion of bonds at auction on Thursday, HUF 95.0 billion more than planned, MTI reported this Thursday. AKK sold HUF 20.0 billion of three-year bonds, doubling its original offer after primary dealers bid for HUF 49.4 billion of the securities. Average yield was 6.41%, 3bp under […]
Family-owned agribusiness Door-Baromfi opened a HUF 2bn poultry farm in Somberek (SW Hungary) on Thursday. Half of the investment cost was covered by Hungarian taxpayers through a government grant. Door-Baromfi owner János Door said the company took out an HUF 800 million loan and used HUF 200 million of its own resources for the investment. […]
New passenger car registrations in Hungary rose 7.7% year-on-year to 95,946 in Q1-Q3 of this year, the Hungarian Association of Vehicle Importers (MGE) said on Thursday. Excluding re-exports, the number of registrations rose 5.8% to 82,226. The number of electric vehicles sold during the period climbed 23% to 8,028, boosted by a subsidies scheme. The […]
Hungary's state-owned MVM CEEnergy on Thursday signed a ten-year contract with ENGIE Energy Marketing Singapore for the delivery of an annual 400 million cubic meters of liquefied natural gas (LNG). The contract with French-owned ENGIE for a combined 4 billion cubic meters of gas is Hungary's longest-term LNG contract ever, according to a statement issued […]
