Domestic sales volume of Hungary's biggest brewers fell 9.3% to 503 million liters in 2025, the Hungarian Brewers Association and the Small Brewers Association said in a joint statement on Wednesday. Volume of beer brewed by the companies slipped 4.8% to 473 million liters. Developments fit the trend in Europe, the associations said, noting that […]
The latest capacity-expanding investment of Astotec Automotive Hungary LP., a company specializing in automotive parts manufacturing, was officially inaugurated in Pápa, W Hungary. Astotec Automotive Hungary LP., a member of the Austrian-owned ASTOTEC Automotive Group, develops and produces automotive safety components. In their Pápa plant, a strategic, EUR 10 million capacity-expansion project has been completed. […]
In his welcome speech at the gala, held at the Museum of Fine Arts, Government Commissioner and CEO of the HIPA Hungarian Investment Promotion Agency, István Joó was of the view that Hungary remains one of Europe’s safest and most investor-friendly countries. Despite a challenging global economic environment, 2025 marked a record year in several […]
This Thursday evening, Magical Hungary (VM) held its 16th grand nature photography award gala and exhibition opening. For the second time, the prestigious event was hosted by the Biodome of the Budapest Zoo and Botanical Garden, which provided a fitting venue with its unique atmosphere for the closing of the 2025 competition season. According to […]
The General Assembly of the Business Council for Sustainable Development in Hungary (BCSDH) elected Péter Noszek, Managing Director of Nestlé Hungária Ltd., as a new member of its Board. After ten years of dedicated service, Zoltán Gazsi is stepping down from the BCSDH Board. The general assembly of the Hungarian Business Council for Sustainable Development […]
The Al Habtoor Research Center (AHRC) has announced plans to establish its European office in Budapest in 2026, marking a significant milestone in its global expansion and reinforcing its evolution into a cross-regional policy institution contributing to international policy discourse across Europe and the Middle East, according to statement released this Wednesday. The Budapest office […]
Hungary's National Laboratory for Autonomous Systems (NLAS) announced on Tuesday the completion of a four-year research and development program supported by HUF 6.2 billion in European Union funding. The program to investigate the safe and sustainable operation of autonomous vehicles, robots and drones, produced 13 domestic patents and trademarks, four international patents and three spin-offs. […]
Hungarian Nobel Laurate Katalin Karikó has been selected Forbes magazine as one of the top 250 innovators who "best embody the creative spirit." She is on place 169 on the list prepared to mark the 250th anniversary of the founding of the United States. According to Forbes, those on the list "aren't just inventors; they're […]
Appeninn Asset Management Holding Plc. has informed investrors on the website of the Budapest Stock Exchange that, pursuant to the real estate sale and purchase agreement signed this Friday, it has acquired – indirectly through its wholly owned subsidiary Appeninn Project-TRNW sp. z o.o. – the exclusive ownership of the Goodyear logistics center located in […]
The foundation stone of Ferenc Liszt International Airport’s new terminal has been laid in Budapest during a ceremony attended by Hungarian Prime Minister Viktor Orbán, Minister for National Economy Márton Nagy, the President of VINCI Concessions and VINCI Airports, Nicolas Notebaert and the CEO of Budapest Airport, François Berisot. According to a statetment by the […]
The heads of the National Election Office (NVI) and the National Election Commission (NVB) held a briefing on Thursday for ambassadors accredited to Hungary about the parliamentary election to be held on April 12. Róbert Sasvári, President of the National Election Commission and Attila Nagy, President of the National Election Office welcomed diplomats this Thursday […]
Real estate development firm WING's last bond package with a nominal value of EUR 34.8 million received purchase offers totaling EUR 57.64 million, with a fixed interest rate of 6%. With this, WING further strengthened its presence on the capital market and initiated the listing of the WINGHOLDING 2029/I bond on the Budapest Stock Exchange. […]
The Hungarian government has decided to extend mandatory caps on a range of food and non-food products by three months until the end of May, the Ministry of National Economy said in a statement. The government rolled out a 10% cap on markups for the food products and a 15% cap on the non-food products […]
Between February 16 and 22, 2026, Budapest will once again host the Third Hungarian-Africa Week, a week-long series of comprehensive professional and cultural programs for Hungarian and African business, institutional, educational, and civil society actors. It aims to strengthen Hungarian-African relations, initiate new collaborations, and create a forum for the exchange of experiences and joint […]
Home prices in Hungary rose 17.5% year-on-year in January, listings site ingatlan.com said on Tuesday. In Budapest, home prices were 20.4% higher. In a month-on-month comparison, home prices were up 1.7% nationwide and increased 2.9% in Budapest. Prices in Budapest's District XIII, with the most listings, averaged HUF 1.62 million/sqm. The median price in the […]
