Emicast Plc, a Hungarian-owned company, is launching a HUF 6-7 billion investment based on green steel casting in Orosháza, SE Hungary. Production is scheduled to start in 2026, and 70-80 jobs could be created in the following years. Emicast Plc. is a newly established subsidiary of Kalocsa-based Emika Plc. In May 2025, the owners decided […]
Preliminary data show the number of births falling by 11% in November compared with the same month of the previous year, while deaths declined by 9.3%, the Central Statistical Office (KSH) said on Friday. Fully 5,582 children were born in November and 9,686 people died, thus the natural decrease in the population was 4,104 people, […]
Hungary’s central bank is preparing the public for an inflation path far gentler than it had forecast just a few months ago. In its newly released quarterly Inflation Report, the Magyar Nemzeti Bank (MNB) says it now expects significantly slower price growth in 2026, helped by falling global food prices, easing energy costs, and a […]
CETIN Hungary has wound up a four-year network infrastructure modernization in which it invested HUF 102 billion, the integrated telecommunications infrastructure provider told MTI on Thursday. The company said it is saving 9.9 GWh of electricity annually with the modernisation, equivalent to the annual electricity consumption of 4,500 Hungarian households. The goal of the project […]
American professional 3D printing specialist Formlabs is launching a new research and development project in Budapest. The investment aims at the creation of a next generation printing ecosystem, including software and hardware components, user support, and seamless cooperation between existing and new, higher-capacity printers. Supported by the HIPA Hungarian Investment Promotion Agency, the EUR 1.7 […]
Established in 2002, the Budapest-based Dutch-Hungarian Chamber of Commerce (Dutcham) is a self-financed business association with the aim to facilitate the exchange of professional expertise and provide networking possibilities for Dutch companies operating in Hungary. In April this year, Maurice Janssen took over as Chairman of the Dutch-Hungarian Chamber of Commerce in Budapest. Regarding his […]
Hungary's MOL expects repairs at its Danube Refinery, following a fire in October, to finish in Q3 2026, the oil and gas company said in an announcement on the website of the Budapest Stock Exchange. MOL said the time required for repair was "subject to change" as a damage probe was still underway and the […]
One and a half million passengers and more than 40,000 tons of cargo were registered in November at Budapest's Ferenc Liszt International Airport, the airport's operating company, Budapest Airport said in its bulletin this Wednesday. 1,552,078 passengers traveled through Ferenc Liszt International Airport in November, 11% more than in the same period last year, while […]
American medical technology giant Becton Dickinson (BD) is expanding its Hungarian operations by introducing new service and manufacturing functions. BD is set to build a sterilization facility at its site in the industrial park of Környe, near Tatabánya, western Hungary, which has been operating for more than fifteen years. Supported by the Hungarian Investment Promotion […]
Eelection forms for the Hungarian parliamentary elections to be held in 2026 will be supplied by ANY Security Printing Company PLC, the company announced on the website of the Budapest Stock Exchange. The National Election Office signed a framework contract with ANY Security Printing Company Plc. on December 17, 2025 covering the production and supply […]
The Nobu Budapest Restaurant and Sushi Bar celebrated its 15th anniversary this October with memorable events, one of which was an exclusive Sushi Masterclass led by Go Namerikawa, Nobu’s Corporate Executive Sushi Chef to elevate the culinary skills of the limited number of participants. This special masterclass has been designed for both aspiring sushi enthusiasts […]
Hungarian oil and gas company MOL on Wednesday said it signed a production sharing agreement with Azerbaijan's state oil company SOCAR. The agreement, preceded by a heads of terms deal in June, is for exploration and production in Azerbaijan's Shamakhi-Gobustan area. MOL holds a 65% stake in the project and will act as operator. SOCAR […]
American cleaning product company Scrub Daddy is set to develop its Hungarian operation into a global production hub. After acquiring Rosmarin Plc., a Hungarian manufacturer of environmentally conscious household cleaning products in 2023, Scrub Daddy will expand the production unit in Mártély, south-east Hungary, with a EUR 3.8 million investment. Supported by the HIPA Hungarian […]
4iG Space and Defence Technologies has signed a memorandum of understanding with Lockheed Martin Global to explore and prepare potential defence cooperation, parent company 4iG said in an announcement on the website of the Budapest Stock Exchange on Wednesday. "According to the MoU, the cooperation aims to assess the preparation for the integration of advanced […]
The festive season is traditionally the time for exceptional flavors and remarkable drinks. This is when noble wines, rich sweetness and celebratory aromas take center stage. Few wine regions embody these qualities as perfectly as Tokaj, Hungary's most famous wine region, according to a press statement released this Wednesday. A UNESCO World Heritage site, Tokaj […]
