It is incredibly exciting to witness the amazing cultural exchange between Japan and Hungary. Despite the geographical distance separating our nations – a considerable 9,000 kilometers apart, Japan and Hungary are far from being distant or unfamiliar entities to each other. Japanese restaurants are practically ubiquitous – I’ve lost count, and sushi is a supermarket […]
GLS Hungary and DPD Hungary have entered into a strategic partnership to make parcel collection more flexible, thanks to which DPD parcels in Hungary will also be available for collection from a significant number of GLS parcel machines, according to a joint statement issued by the two companies to MTI. The statement said that GLS […]
Over eight decades of its existence, the Danish company Grundfos has become the world's largest manufacturer of pumps and submersible pumps since its founder, Poul Due Jensen came up with his first pump model. Its philosophy has been about persistent innovation and striving for the best since 1945. Internationally, Hungary is one of the main […]
Construction output volume, based on both raw and calendar-adjusted data surpassed in October 2025 the one year earlier level by 9.7%. Among the main construction groups the construction of buildings expanded by 14.7%, that of civil engineering increased by 3.7%, the Central Statisical Office (KSH) reports. Based on seasonally and working day adjusted indices construction […]
Hungarian-owned electronics manufacturing services company Videoton expects to close 2025 with revenue of around HUF 300 billion, the holding's chairman-CEO Gábor Széles said at a year-end event. He stated that turnover would be "somewhat lower" than in 2024, but added that the company's performance was "fantastic" in the context of the economic crisis in Europe, […]
Intermodal freight transport company METRANS is set to start the construction of its third Hungarian terminal, the new rail/road logistics hub in Szeged will have a 300,000 TEU capacity, the Hungarian Investment Promotion Agency (HIPA) reports. The EUR 16.2 million investment, supported by HIPA, will open a new gateway for international freight in Hungary’s southern […]
The 2024 tourism record has already been achieved in 11 months this year, with the number of guests registered at accommodation facilities reaching 18,226,413 on December 2, breaking last year's record for the entire year, Visit Hungary Nonprofit Plc. told MTI. According to Visit Hungary, further strong interest is expected until the end of the […]
German defence industry company Rheinmetall inaugurated a HUF 29 billion vehicle parts plant in Szeged (SE Hungary) on Friday, the Hungarian Ministry of Foreign Affairs and Trade said in a statement. Hungarian taxpayers – through a government support – cover about 45% (or around HUF 13 billion) of the investment, which promises to create 300 jobs. According […]
Porsche Hungaria's sales rose 5% to 29,500 in 2025, preserving its position as Hungary's top vehicle importer, the company said on Friday. Porsche Hungaria imports the Volkswagen group brands Cupra, SEAT, Skoda and Volkswagen. Managing director Tamás Wachtler said total new passenger car and light commercial vehicle sales in Hungary were likely to climb 7.7% […]
The real estate development company WING has won this year’s Art is Business Award in the 'Corporate Art Project' category for the creation of Modernism in Pieces, an architectural history exhibition. The pop-up exhibition, held in November 2024, presented the historical, architectural, and art historical significance of the renovated Liget Center in a unique way. […]
The volume of industrial production in Hungary lagged behind the one year earlier level by 2.7% in October 2025. The working day adjusted index is equal to the non-adjusted one, the Central Statistical Office reports. A setback in production occurred in the great majority of the manufacturing subsections. According to seasonally and working-day adjusted data, […]
Fewer than 60,000 people — the richest 0.001% of the global population — now hold three times more wealth than the poorest half of humanity, according to the World Inequality Report 2026. It’s a comparison so extreme it barely seems real: a group small enough to fit inside a single football stadium commands more wealth […]
Low cost airline Wizz Air has reached 60 million passengers in Hungary, and gave a special welcome to its 60 millionth Hungarian passenger, who boarded the company's first flight to Tallinn on Thursday, the airline told MTI. They recalled that Wizz Air launched its first flight from Budapest to Athens from Ferihegy at the end […]
The Hungarian government and GE HealthCare have signed a strategic cooperation agreement, making the American medical technology company the 101st strategic partner. The document was signed on behalf of the government by government commissioner and CEO of the HIPA Hungarian Investment Promotion Agency, István Joó, and on behalf of the company by managing director Jutas […]
Global fund management company Janus Henderson is establishing its new business service center (BSC) in Budapest, further strengthening Hungary's position as one of the leading business service locations in the region, according to the Hungarian Investment Promotion Agency (HIPA). The London-based company, which manages almost USD 500 billion in assets, will create 400 jobs in […]
