News - Diplomacy & Trade

Pizza Hut Chain to Expand to 31 Units in Hungary

D&T — Sat, 10 Oct 2026 07:08:00 +0000

US-owned restaurant chain Pizza Hut is expanding in Hungary by opening a franchise restaurant in Nagykanizsa (W Hungary) in the first quarter of 2027 and one unit in Budapest in the first half next year, AmRest Vendéglátó, the operator of the chain in Hungary has announced. With the new units, the restaurant chain will expand […]

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“Price Is Not Equal to Value”

D&T — Fri, 09 Oct 2026 08:44:00 +0000

Innovation, therefore, is only the first step. For systemic change to occur, the entire ecosystem must work together. This year’s CEE4Impact Day focused on the path toward systemic change. Ten years ago, at the first CEE4Impact Day, positive social impact was still an optional choice. Since then, humanity entered an era of global crises, already […]

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DH Group Commissions Revenue Practically Flat in Q3

D&T — Thu, 08 Oct 2026 07:19:00 +0000

Commissions revenue of listed real estate broker DH Group's franchise network edged down around half a percent to HUF 5.1 billion in the third quarter from the same period a year earlier, the Group said on the website of the Budapest Stock Exchange. In the third quarter of 2026, intermediated loan volumes amounted to HUF […]

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Global Five 2026 Conference Organized by ESSCA Budapest

D&T — Thu, 08 Oct 2026 06:55:00 +0000

At the Global Five 2026 conference, organized by ESSCA Budapest on October 5, 2026, at the French Institute, participants analyzed the challenges faced by women in senior leadership positions, how growing inequalities affect women’s roles and opportunities, and to what extent they can incorporate the impacts of environmental change into their strategies and day-to-day activities. […]

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OTP Forecasts 1.7% GDP Growth for 2026, 2.5% for 2027

D&T — Sat, 03 Oct 2026 07:41:51 +0000

Analysts of Hungarian lender OTP said on Friday in a quarterly forecast that Hungary’s GDP could grow by 1.7% this year and increase by 2.5% in 2027. The director of OTP's analysis center, Győző Eppich said household consumption is expected to drive growth this year, but exports may also help following two years of decline. […]

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Pharma Sector as Example of Knowledge-Based Economy

D&T — Fri, 02 Oct 2026 16:02:00 +0000

The government aims to build a knowledge-based economy and the strategically important Hungarian pharmaceutical industry can serve as an example in this regard, Economy and Energy Minister István Kapitány said at a conference of the Hungarian National Association of Pharmaceutical Manufacturers (MAGYOSZ) on Friday. The minister emphasized that the Hungarian pharmaceutical industry is export-oriented and […]

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European Chief Prosecutor Holds Talks in Budapest

D&T — Tue, 29 Sep 2026 17:24:00 +0000

Head of the European Public Prosecutor’s Office (EPPO), European Chief Prosecutor Laura Codruta Kövesi, has held talks on the technical details of Hungary’s membership of the EPPO with Justice Minister Márta Görög, Finance Minister András Kármán, Interior Minister Gábor Pósfai and Deputy Prosecutor General István Lajtár at the Ministry of Justice in Budapest, the ministry […]

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Lower BUX, Declining Weekly Volume at the BSE

D&T — Sun, 27 Sep 2026 12:22:00 +0000

Amid declining trading volume, the Budapest Stock Exchange (BSE) stock index (BUX) fell this week; on Friday, the BUX closed at 151,272.07 points, down 0.93% or 1,416.56 points from the previous week. Weekly trading volume totaled 99.81 billion forints, down from HUF 143.72 billion the previous week, as prices of leading stocks declined. On Monday, […]

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Hungarian President Pays Respects at 9/11 Memorial

D&T — Sat, 26 Sep 2026 16:37:05 +0000

Hungarian President of the Republic, András Baka paid his respects at the memorial site for the victims of the September 11, 2001 attacks in New York, the president's office said on Saturday. September 11, 2001, was indisputably a turning point for the entire world, whether in terms of the economy, politics, or diplomacy. Above all, […]

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Switzerland to Contribute CHF 87.6 Mn to Hungary Projects

D&T — Thu, 24 Sep 2026 07:45:00 +0000

Switzerland will contribute 87.6 million Swiss francs to ten projects in Hungary across eight sectors, the presidential Sándor Palace said after a meeting between Hungarian President András Baka and Swiss counterpart Guy Parmelin at the UN General Assembly in New York City on Wednesday. The Swiss-funded program will support initiatives in areas such as energy […]

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Property Revaluations Put Appeninn in Red

D&T — Mon, 21 Sep 2026 12:50:00 +0000

Listed property company Appeninn booked a first-half loss of EUR 6.2 million as portfolio revaluations resulting from the stronger forint weighed, an earnings report released on Monday shows. Appeninn booked after-tax profit of EUR 3.4 million in the base period. The fresh P+L statement shows an EUR 8.8 million property revaluation loss, including a EUR […]

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Where Business Meets Experience: TRIBE Budapest Stadium as a New-Generation Business Venue

D&T — Mon, 21 Sep 2026 04:11:00 +0000

In today’s business world, successful corporate events are no longer defined solely by conference rooms, presentations and formal schedules. Companies are increasingly looking for venues that combine professional infrastructure with an inspiring environment – places where meetings can become opportunities for meaningful conversations, networking and new connections. Located in Budapest’s 9th district, directly next to […]

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Government Restarts Talks with Norway Grants

D&T — Fri, 18 Sep 2026 09:56:00 +0000

The government has restarted negotiations with the Norway Grants for development funding for Hungary, which could bring over EUR 92 billion (EUR 254.1m) to the country, Foreign Minister Anita Orbán announced on Friday. She said in a social media post that the government aimed to reach an agreement under which the majority of the funds […]

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Parliament Elects Five New Constitutional Court Justices

D&T — Tue, 15 Sep 2026 10:26:00 +0000

Hungarian Parliament elected five new justices to the Constitutional Court in a secret ballot on Tuesday. The new justices are Nóra Chronowski, Miklós Ligeti, András György Kovács, Zsolt Szomora and Árpád Gábriel Orosz, all nominated by the governing Tisza Party. The newly elected Constitutional Court justices took their oath before Parliament. Parliament elected new justices […]

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Automotive Industry Output Surges 18% in July

D&T — Tue, 15 Sep 2026 08:20:00 +0000

Output of the automotive industry, Hungary's biggest manufacturing sector, climbed 18.0% year-on-year in July, a detailed reading of data released by the Central Statistical Office (KSH) on Tuesday shows. The automotive segment accounted for 27% of manufacturing output during the month. Output of the computer, electronics and optical equipment segment, which accounted for 15% of […]

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