The number of new passenger car registrations in Hungary rose 10.5% year-on-year to 48,291 in January-April, data compiled by the European Automobile Manufacturers' Association (ACEA) show. Hybrid electric and plug-in hybrid vehicles accounted for 61% of sales, cars with petrol engines made up 20% and vehicles with diesel engines 9%. Fully-electric vehicles accounted for close […]
The jobless rate in Hungary for people between the ages of 15 and 74 stood at 4.5% in April, according to data released by the Central Statistics Office (KSH) on Thursday and reviewed by MTI. In absolute terms, there were 216,000 unemployed. The number of employed reached 4,619,000. The three-month rolling average for the number […]
Hungarian Parliament, in an exceptional procedure on Wednesday, adopted with 133 votes in favor, 37 against and five abstentions the law on the revocation of Hungary's withdrawal from the Rome Statute of the International Criminal Court and from the Agreement on the Privileges and Immunities of the International Criminal Court. As MTI reports, the legislation, […]
The National Bank of Hungary (MNB) issued a commemorative coin for the 175th anniversary of the establishment of the Hungarian Chamber of Commerce and Industry (MKIK) on Wednesday. Central bank governor Mihaly Varga acknowledged the important role MKIK plays fostering ties between business sectors and said the commemorative coin signalled commitment to professional solidarity among […]
Close to 4,000 police officers will be on duty to ensure public safety on the day of Saturday’s UEFA Champions League final in the Ferenc Puskás Stadium in Budapest, Zoltán János Kuczik, the deputy of the national police chief said on Tuesday, MTI reports. He told a press conference that fans of Paris Saint-Germain (PSG) […]
The Association of the Hungarian Automotive Industry (MAGE) has renewed its leadership; based on a decision by the general assembly, Róbert Krisztián, representing Magyar Suzuki Plc, will continue his work as president, while Zoltán Gábor, representing Deloitte Plc, was elected chairman of the supervisory board, the association informed MTI in a statement on Tuesday. According […]
Éva Hegedüs, Chairwoman and CEO of Gránit Bank Plc. and the association’s former secretary-general, was elected president by a unanimous vote by the Hungarian Economic Association (MKT), the organization announced to MTI on Sunday. According to the announcement, Éva Hegedüs succeeds Gyula Pleschinger who was nine years in the position. Gyula Pleschinger was elected honorary […]
Every member of the Hungarian team returned with a medal from the European Girls' Olympiad in Informatics (EGOI) in Cesenatico, Italy, winning two golds, one silver and one bronze, Eötvös Lóránd University (ELTE) said on Thursday. The competition, held for the sixth time from May 12 to 18, aims to inspire more girls to pursue […]
The National Investigation Office of Hungary's Standby Police (KR NNI), along with its consortium partners, has secured EUR 5 million in EU funding until July 2029 to enhance the detection and prevention of cross-border drug trafficking and related crimes, the KR NNI director announced at the program's launch in Budapest on Thursday. The DELTA program, […]
MBH Bank had a first-quarter loss of HUF 19.4 billion as it booked the bank levy and windfall profit tax for the full year during the period, an earnings report released on the website of the Budapest Stock Exchange on Thursday shows. The bank had HUF 54.1 bn adjusted profit after taxes (-6.1% y/y) in […]
Home prices in Hungary rose 23.5% year-on-year in 2025, climbing at the fastest pace in the past 25 years, the National Bank of Hungary (MNB) highlighted in a report published on Wednesday. In real terms, home prices increased 19.0% last year. In the fourth quarter of 2025, home prices were 22.5% higher than the level […]
Heineken’s record attempt was a success: this past Saturday, more than 600 people played together on a nearly seven-meter-long giant foosball table set up at Erzsébet Square in downtown Budapest, and the two teams scored more than 700 goals, the brewing company says in a statement This set a new Hungarian record; “to our knowledge, […]
The new Hungarian government is expected to decide on restrictions on the employment of guest workers from countries outside of the European Union at a cabinet meeting in the coming week, a government spokesperson said. Prime Minister Péter Magyar has asked the economy and energy minister and the social and family affairs minister to coordinate […]
Speakers at the March of Living event in Budapest on Sunday afternoon emphasized the importance of combatting indifference and hatred, as well as the duty of remembrance. At the end of the march commemorating the victims of the Holocaust, Budapest mayor Gergely Karácsony spoke of a divided country now giving itself a new chance to […]
The Hungarian Business Leaders Forum (HBLF) held its general meeting to elect new officers at a time when the responsibility of business leaders extends beyond economic performance: trust, ethical conduct, and value-based decision-making have become fundamental prerequisites for competitiveness, according to a HBLF statement. The business leaders’ community, which looks back on more than three […]
