The international community should place greater emphasis on the joint governance of artificial intelligence (AI), calling for the early formation of a global framework and rules that have broad consensus to guide the development and use of AI, according to Chinese Premier Li Qiang. Addressing the opening ceremony of the 2025 World AI Conference and […]
On July 28, 2025, Shopper Park Plus Plc. (SPP) signed a letter of intent with ESTON International Ltd., the Hungarian partner of one of the world's leading property advisors, Savills. ESTON International has been managing part of the Shopper Park Plus portfolio since mid-2022, following the acquisition of the properties, SPP announced on the website […]
The National Bank of Hungary (MNB) is issueing collector coins named 'Therese Brunsvik', to commemorate the 250th anniversary of the birth of the founder of the first Hungarian kindergartens. The collector coins with a face value of HUF 20,000 and non-ferrous metal version with a face value of HUF 3,000 are available for purchase from […]
The modern industrial and logistics real estate stock in Hungary amounted to 5.84 million square meters at the end of the second quarter this year, with deliveries in the capital and the countryside increasing the stock by a total of 91,320 square meters, the Budapest Research Forum (BRF) told MTI on Wednesday. Between April and […]
The Budapest Research Forum (BRF), which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary, has published its Q2 2025 Hungarian office market summary. The total modern office stock currently adds up to 4,426,050 sqm, consisting of 3,548,815 sqm of ‘A’ and ‘B’ category speculative office space as well as 877,235 […]
The SpaceX Dragon space capsule carrying the members of the Axiom-4 mission, including Hungarian research astronaut Tibor Kapu, landed off the coast of California on Tuesday. The space capsule, named Grace, undocked from the International Space Station (ISS) at 1:15 p.m. Hungarian time on Monday to begin its 22.5-hour journey back to Earth. The capsule […]
To mark France's national holiday, the French Institute in Budapest will once again hold its traditional street party on July 12 in Budapest. The free, open-air event will offer music, dance, and culinary programs from afternoon until late evening, guaranteeing a Parisian atmosphere, according to information provided to MTI by the French Institute in Budapest. […]
Students and lecturers from John von Neumann University in Kecskemét are participating in one of the world's most renowned sustainability and engineering challenges, the Bridgestone World Solar Challenge in Australia, with their own solar-powered vehicle, which they designed and built themselves. The university team is the only Hungarian participant in the competition. At the car's […]
Mol Limo's service is now available on a trial basis at Lake Balaton, Balatonfüred and Siófok. With this innovation, the car-sharing company is responding to users' growing demand for multi-day trips, Mol Limo told MTI on Thursday. During the trial period, which runs from July 10 until further notice, two types of cars – the […]
The real estate business Duna House Group achieved new record volumes in the second quarter of 2025: The volume of financial intermediation reached all-time-highs, up 37% year-on-year and +20% quarter-on-quarter, the Group says on the website of the Budapest Stock Exchange. The volume of real estate brokerage remained close to the record levels achieved in […]
CBRE, the world's largest real estate consulting firm, has opened an office in the SE Hungarian city of Szeged, CBRE Hungary Managing Director Lóránt Kibédi-Varga announced on Thursday in the city. The Managing Director stated that Szeged is a dynamically developing city with many Hungarian and international companies present. CBRE's position is that it can […]
The National Bank of Hungary (MNB) is issuing collector coins named ‘Szent László király’ (Ladislaus I of Hungary) with a face value of HUF 500,000, in one ounce of fine gold; HUF 20,000 in one ounce of fine silver and a non-ferrous metal version with a face value of HUF 3,000 as part of the […]
In May 2025, inflation rose to 4.4%, while core inflation fell to 4.8%. In the short term, partly mandatory, partly voluntary price restriction measures have a strong diminishing effect on inflation. At the same time, strong repricings can be observed in the pricing behaviors of companies, the National Bank of Hungary (MNB) reports on its […]
Following several delays in the past few weeks, Hungarian astronaut Tibor Kapu took off for the International Space Station (ISS) as part of the Axiom-4 mission at 8:31 a.m. Central European Time on June 25 from NASA's Kennedy Space Center in Florida. The four-member crew of the Axiom-4 commercial mission took off aboard a SpaceX […]
China is willing to cooperate with Hungary in promoting exchanges and mutual learning among civilizations, safeguarding equality among civilizations, facilitating exchanges among civilizations, and promoting development among civilizations. That was emphasized by the Chinese ambassador to Hungary, Gong Tao at a recent press meeting in Budapest. Commenting further on bilateral relations, the ambassador pointed out […]
