The Budapest Stock Exchange's share index, the BUX, closed at a historic high of 110,890.99 points on Monday, up 485.25 points or 0.44%. The stock market turnover was HUF 10.7 billion, with leading stocks performing mixed compared to the previous day's close. Ákos Czibere, an analyst at Equilor Investment Ltd., told MTI that on Monday, […]
Hungary's general government deficit reached HUF 4,070.4 billion at the end of November, 80.5% of the full-year target, the country's National Economy Ministry confirmed in a detailed reading of data on Monday, MTI says. The report noted the deficit target of the general government, corresponding to a 3.7% ESA deficit target in the adopted budget […]
According to the results of a recently published international study, conscious choice and moderation in alcohol consumption have become an increasingly strong cultural trend. Saying no has now become acceptable, does not raise embarrassing questions, and does not require explanation. This change has also triggered a spectacular transformation in the beverage market, according to a […]
The Embassy of the Republic of Kosovo in Hungary, together with the Kosovo Winemakers’ Association Enologjia and with support from the Balkan country’s Ministry of Foreign Affairs and Diaspora (MFAD), successfully organized at the end of November a high-level Kosovo Wine Promotion and Professional Networking Event at the Embassy premises in Budapest. Gathering distinguished guests, […]
MOL ends the year stronger than ever: 2025 brought an absolute record for Fresh Corner's two iconic products, coffee and hot dogs. Sixty-six million cups of coffee were sold in the region, and 12.4 million in Hungary – the company has never achieved such high figures in a single year before. Hot dogs also broke […]
4iG Defence and Space Technologies signed an agreement with Axiom Space, the leading provider of human spaceflight services and developer of human-rated space infrastructure, parent company 4iG is quoted by MTI as saying. Under the agreement, 4iG SDT will carry out a USD 100 million raise capital in the US company in two steps: to […]
Corporate leaders from Hungary and Israel met at a business forum in Budapest this October with representatives of 62 Hungarian companies and 36 firms from Israel participating at the event organized by the Hungarian Ministry of Foreign Affairs and Trade and held in a conference room in the Puskás Arena soccer stadium. Over 150 business-to-business […]
The Budapest Stock Exchange (BSE) share index, the BUX, rose this week amid growing turnover, with the BUX closing at 110,405.74 points on Friday, 0.73% higher than a week earlier. Weekly turnover was HUF 185.23 billion, following HUF 83.09 billion the previous week, with leading shares strengthening during the week, except for Mol, and OTP […]
2025 is an important year in the history of Ferenc Liszt International Airport, which celebrated the 75th anniversary of its opening in May this year. To mark the occasion, the airport's operating company, Budapest Airport, part of the VINCI Airports network, was preparing a year-long celebration focusing on Ferenc Liszt’s legend and the 75-year-long history […]
After years of tremendous success worldwide, world-renowned Dutch violinist and conductor André Rieu appears on the stage of the MVM Dome in the Hungarian capital again this November and will do so in October, 2026 as well. His signature repertoire combines timeless classics from opera, musicals and operettas, as well as beautiful film scores, popular […]
In the third quarter of 2025, the amount of loans granted to Hungarian households exceeded the amount of repayments. The amount of loans to households amounted to HUF 12,324 billion in gross book value, indicating a rise of 3.0 per cent from the previous quarter. The share of the stock of loans more than 90 […]
By mutual agreement, the sale and purchase agreement concluded between the MVM Group and the E.ON Group on December 16, 2024, concerning the purchase of a 68% stake in E.ON Energie Romania and a 98% stake in E.ON Asist Complet, would be terminated this Friday, MVM informed MTI. In its announcement, MVM emphasizes that it […]
Magyar Telekom, the market leader in mobile communications in Hungary, announced the start of big optical network investments in Győr (NW Hungary) on Friday. According to the statement, Magyar Telekom intends to contribute to the country's digitization goals through its network developments, continuing the strategy it began in recent years. As part of this, the […]
Fleet renewal, more sustainable operation, operational efficiency and enhancing the passenger experience – these are some of the most important issues Jan Kropáček, Country Sales Manager for Czech Republic, Hungary and Slovakia at Air France-KLM discusses with Diplomacy&Trade as the company continues to strengthen its competitive edge through its network. Jan Kropáček was appointed head […]
National Bank of Hungary (MNB) governor Mihaly Varga announced the loan of 1,422 contemporary works of art to 30 museums nationwide at a press conference in Budapest on Friday. "The central bank's new management believes the place of art is not in offices or warehouses, but museums," Varga said. He added that the works would […]
