The JATE Awards, founded by Katalin Karikó, were presented for the first time at a gala evening held at the University of Szeged on Saturday evening. Literary historian Mihály Ilia, chemistry professor Ágota Tóth, and physician and doctoral student Márton Simon Czikkely received the awards. Katalin Karikó, a former student of József Attila University (JATE), […]
Free skating, charity opportunities, sparkling lights, delicious flavors and aromas, and magnificent gifts await everyone who is already in the Christmas spirit. In connection with the 152nd anniversary of the capital city, the 2025 Advent and Christmas Market and Winter Experience Park opened this Friday afternoon with Budapest's first festively decorated pine tree as well […]
The Hungarian government will extend mandatory caps on a range of food and non-food products until February 28, 2026 in a decree published late on Thursday in the latest issue of the official gazette Magyar Közlöny, the National Economy Ministry told MTI in a statement. The markups cap is also being extended to cover 14 […]
The Hungarian Association of Digital Companies (IVSZ) has joined CyberShield, an initiative to prevent digital financial fraud through education, the Hungarian Banking Association said on Thursday. By joining CyberShield, IVSZ aims to help SMEs build more effective defences against business fraud. CyberShield was launched by the banking association, the National Bank of Hungary, the National […]
Around 6,600 foreign nationals bought homes in Hungary last year, real estate broker OTP Ingatlanpont said on Thursday, citing data compiled by the Central Statistics Office (KSH). The value of those homes was about HUF 309bn. The data show Germans bought the most homes during the year: 1,396. They were followed by the Chinese, who […]
E.ON volunteers provide real help where it is most needed: supporting civil society organizations working in the areas of equal opportunities, education, and sustainability, according to a statement from the electricity and gas supplier. Supporting civil society organizations with knowledge and expertise Since 2016, the E.ON Hungária Group, which operates the electricity and gasnetwork in […]
Last night, the first Rural Entrepreneurs' Night powered by Volkswagen was held at the Eiffel Workshop in Budapest, where the Rural Entrepreneur of the Year Awards were presented. The event is a real highlight among Hungarian business awards, as this is the first time in Hungary that awards have been given exclusively to rural micro, […]
The Hungarian Banking Association warned that a plan by the government to raise the windfall profit tax on lenders would weigh on the entire economy in a statement issued on Tuesday, MTI reports. "Increasing the extra burden on banks would weigh on the entire Hungarian economy, slow economic growth further and hurt the country's assessment," […]
Indotek Group, one of Hungary's leading real estate investment and asset management companies, is expanding its Western European office network with a new office in Vienna. Indotek has been expanding in Western and Southern Europe for more than a decade, and the opening of the Austrian office will bring the group even closer to German-speaking […]
Around HUF 300 million of tourism investments are starting in Makó (SE Hungary) involving funds from the European Union, the local municipality told MTI. According to the announcement, part of the project involves renovating the dilapidated outdoor stage and auditorium of the Hagymaház ('onion house') spa in order to revive the Makó Summer program series. […]
National Bank of Hungary (MNB) governor Mihály Varga underscored the impact cooperation and exchanges of experience between central banks could have on economic stability in the region at the 7th joint conference of the Hungarian and Polish central banks in Warsaw. In a statement issued by MNB on Friday, Varga acknowledged the results achieved in […]
Third-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 4% year-on-year to HUF 330.5 billion, an earnings report published ahead of the opening bell on Friday shows. Net interest income increased 10% to HUF 489.0 billion. Net revenue from commissions and fees climbed 11% to HUF 152.7 billion. For the period Q1-Q3, after-tax […]
WING, one of Hungary’s leading real estate development and investment groups, received prestigious recognition in two categories at the 2025 Portfolio Property Awards Gala. The company’s Liget Center Vitrum development was named Office Building of the Year, while its Polish subsidiary’s Resi4Rent transaction earned the title of Foreign Real Estate Investment Transaction of the Year. […]
Green number plates were issued for 25,500 all-electric cars in January-October this year in Hungary, the Energy Ministry said in a post on social media on Thursday. The Ministry noted that the new annual record for green number plates could exceed 30,000 units this year. The number of green number plates issued to all-electric vehicles […]
Hungary's MOL Group called for tangible actions to restore Europe's industrial competitiveness, warning that high energy costs, regulatory complexity and burden along with the increasingly fragmented markets were putting the continent's long-term prosperity at risk, in a statement issued on Wednesday. In the statement, the company advocated for a 'European Minimum of Competitiveness' a shared […]
