On the occasion of the International Day of Charity, Danubius Hotels has created a special cake to support the work of Bátor Tábor, which helps the healing of sick children, inviting its guests to join in the charity effort. The chain offers at six of its Budapest hotels ‘Bátor Treat’, which not only allows guests […]
The volume of industrial production in Hungary lagged behind the level of one year earlier 1.0% in July 2025. The working day adjusted index is equal to the non-adjusted one. According to seasonally and working-day adjusted data, industrial output was 2.0% higher than in June 2025, the country's Central Statistical Office (KSH) reports. Production volume […]
Hungary’s central bank governor Mihály Varga underscored the importance of currency stability, calling it essential for curbing inflation and laying the foundation for stronger growth. “Hungary’s economic convergence can’t be based on currency devaluation,” Varga said at an annual economics forum in Veszprém, stressing that the forint’s impact on prices has doubled compared to a […]
K&H Bank's after-tax profit fell to HUF 50.2 billion in the first half of the year, down from HUF 66.9 billion a year earlier, with government measures accounted for during the period reducing the financial institution's results by HUF 31 billion, the financial institution told MTI on Thursday. Peter Roebben, CEO of the K&H Group, […]
Having grown from a French family enterprise into a global food industry leader, Bonduelle has implemented capacity-expansion projects at three of its Hungarian sites. Developments carried out in Békéscsaba, Nyíregyháza, and Nagykőrös included the installation of new vegetable processing lines and the establishment of the company’s Central and Eastern European logistics hub, the Hungarian Investment […]
In July 2025, the volume of retail trade in Hungary in both raw and calendar-adjusted data was 1.7% higher than in the same month of the previous year, the country's Central Statistical Office (KSH) reports. Compared to the same period of the previous year, calendar-adjusted sale volumes expanded by 2.3% in specialized and non-specialized food […]
Starting October 1, 2025, Péter Hidvégi will take over as managing director of SAP Hungary and will report directly to the managing director of the Central European cluster, according to a statement by SAP Hungary. Péter Hidvégi has more than 20 years of experience in the technology and consulting industry, and his career has always […]
'Nunchi – The Power of Silence' is the title of Mai Manó House's new exhibition, which showcases the works of contemporary Korean photographers and focuses on one of the defining principles of Korean culture, the exhibition venue informed MTI on Wednesday. The announcement highlighted that the exhibition, which runs until October 5, uses the photographs […]
From Tuesday to Sunday, visitors to the Downtown Beer Festival on Szabadság Square can sample more than 250 types of specialty beers from 30 domestic and international breweries, according to SPAR Hungary, the event's sponsor, in a statement to MTI on Tuesday. The Downtown Beer Festival has opened its doors for the ninth time in […]
According to PwC's 2025 State of Decarbonization report, there continues to be a strong commitment to sustainability as a source of business value. In 2024, more than 4,000 companies reported climate targets to the Carbon Disclosure Project (CDP), a ninefold increase from five years ago. 37% of companies are increasing their ambitions, while 16% are […]
A project to utilize methane extracted from nine thermal wells along with water has been launched in Szeged as part of the Second Swiss-Hungarian Cooperation Program, investor Geo Hőterm Ltd. informed MTI on Tuesday. According to the announcement, the aim of the investment is to utilize the methane gas extracted from the thermal wells supplying […]
The volume of Hungary’s gross domestic product was 0.1% higher according to raw data and 0.2% higher according to seasonally and calendar adjusted and reconciled data in the 2nd quarter of 2025 than in the corresponding period of the previous year, the Central Statistical Office (KSH) reports. Compared to the previous quarter, the economic performance […]
In H1 2025, ALTEO achieved a 10% year-on-year increase in revenues, mainly due to the successful expansion of the Retail and Renewable Production Management portfolios and the significant increase in renewable energy production capacities, the energy services company says in its management report and analysis on the website of the Budapest Stock Exchange. Despite the […]
Indotek Group, a real estate, private equity investment and asset management company, has renovated another shopping center: this time, the group has completed the interior renovation of Balaton Plaza in Veszprém, the company told MTI on Monday. According to the announcement, the group owns more than 70 shopping centers and retail units in Hungary and […]
Egis Pharmaceuticals Plc. and the Faculty of Mechanical Engineering at the Budapest University of Technology and Economics (BME) have signed a cooperation agreement, the pharmaceutical company announced to MTI on Monday. The aim of the agreement is to support the practical training of students, develop the practical skills required in the labor market, support promising […]
