The volume of industrial production in Hungary lagged behind the one year earlier level by 7.3%, based on working-day adjusted data it declined by 4.6% in August 2025, year-on-year, the Central Statistical Office (KSH) reports. There was a setback in all but one of the manufacturing subsections. According to seasonally and working-day adjusted data, industrial […]
Swedish medical technology and plastic components manufacturer Nolato has completed a major production capacity expansion in Hungary, and announced new plans for further expanding its footprint in the country, the Hungarian Investment Promotion Agency (HIPA) reports. The investment worth EUR 21.2 million, close to 15% of which is covered by Hungarian taxpayers through a government […]
The 80th anniversary of the United Nations as well as the 70th anniversary of Hungary's membership in the United Nations were celebrated at the Aria Hotel Budapest, on the occasion of the hotel's 10th anniversary. The event, held on International Day of Women in Diplomacy, was hosted by Ambassador Katalin Bogyay, President of the Hungarian […]
Hungarian runners won the main event of the 40th Spar Budapest Marathon on Sunday, the second day of the traditional running festival: Viktória Nyikos was the first to cross the finish line in the women's marathon, while Máté Vásárhelyi won the men's race. Vásárhelyi, the national champion on the classic 42.195-meter distance, was also the […]
Time Out Market is the world's first food and cultural market, carefully curated by experts to bring the best of a given city together under one roof. In 2014, a historic market building in Lisbon was turned into the first Time Out Market and today, there are twelve such markets globally in cities like New […]
The Budapest Stock Exchange's share index, the BUX, closed at 101,990.76 points on Friday, up 604.28 points or 0.6% on the previous day. The stock market turnover was HUF 13.8 billion, with leading shares strengthening compared to the previous day's close, with the exception of OTP. Péter Aradványi, chief analyst at Equilor Investment Ltd., said […]
The Hungexpo Budapest Congress and Exhibition Center – in line with international trends – continues to place increasing emphasis on the development of conference tourism. Within this sector, 2026 is set to be a particularly strong year for scientific and technological events. A key factor in this growth is the support of its French owner, […]
The European Commission on Friday adopted a proposal to pay EUR 10.8 million in support to Hungarian farmers hit by spring frost. All grape and fruit growers who have suffered a verified loss of more than 30% of their yield will be eligible for this aid, in addition to the damage mitigation allowance. The EC […]
Chief Warrant Officer László Kaszab was appointed Command Senior Enlisted Leader (CSEL) at NATO's Allied Command Operations (ACO) in Mons, Belgium as the first Hungarian to receive that position at the NATO Supreme Headquarters Allied Powers Europe (SHAPE). At an event marking his appointment, Hungarian Armed Forces Commander Gábor Böröndi told Hungarian journalists that Kaszab's […]
A new construction industry plant powered by solar panels and heat pump systems is being established in the southern Hungarian town of Dunavecse through a joint venture between a Hungarian and a Serbian company. The EUR 24 million project, with almost a quarter ofthe costs covered by Hungarian taxpayers through a government decision, is launched […]
The spread of remote work received a significant boost in Hungary during the new coronavirus pandemic. Although its prevalence declined once the pandemic passed, over the past two to three years the use of home office has stabilised at a level much higher than before. In September 2025, according to the results of a representative […]
A recruitment campaign by HungaroControl has been acknowledged in a number of international contests, the state-owned air traffic controller said on Friday. The "Five from a hundred! Are you one of them?" campaign took a Stevie International Business Award in the communications campaign category, it won first prize in the visual story-telling category of the […]
The Budapest campus of the renowned French management school ESSCA offers professional business education and humanistic values in a great international atmosphere. According to its mission statement, ESSCA creates knowledge and develops responsible managers and entrepreneurs, while fully considering planet boundaries, and the human, ethical and economic dimensions of organizations in a sustainable and multicultural […]
MVM OVIT Manufacturing, a unit of state-owned energy group MVM that makes substations and other transmission system infrastructure, has inaugurated state-of-the-art steel surface preparation and automatic painting equipment at its base in Göd, just north of Budapest, MVM Group informed MTI on Friday. According to the announcement, the new production line, consisting of two main […]
Home prices in Hungary rose 16.8% year-on-year in September, listings site ingatlan.com said on Friday. In the capital, Budapest, home prices climbed 22.1%. According to information from the real estate advertising portal, asking prices are 16.8% higher nationwide and 22.1% higher in Budapest than a year ago, but prices have risen at a similar rate […]
