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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Energy group Alpiq inaugurated a EUR 64 million hybrid power plant – combining gas engine generation with battery storage – in Budapest on Monday. Gábor Briglovics, managing director of Alpiq Hungary, said at the handover ceremony that the Csepel gas-fired power plant has a capacity of 50 megawatts (MW), and with its commissioning, the combined […]
Hungarian owners of diesel vehicles with a maximum of 150 horsepower will receive a total of HUF 20,000 in compensation by December, Prime Minister Péter Magyar said in a post on social media on Friday. The prime minister stated that direct and effective support would be provided to the owners of nearly 1m diesel vehicles […]
The country’s sports program aimed at creating opportunities – which is more than just the Provident Dream Championship 2.0 – continues with soccer and boxing. Former world champion boxer Zsolt Erdei has already trained with the children and, during a motivational talk, emphasized the importance of sports, community, and perseverance. The finals for the young […]
Hungary has been invited to return to the Eurovision Song Contest, public service media provider Duna Media has announced on a social media page. The post said the public media's interim management has secured a significant discount on the participation fee and a deadline extension from the contest's organizers. András Horváth, public media's interim director […]
Membership in the Hungarian Medical Chamber will again become mandatory for doctors, government spokeswoman Anita Köböl said on Thursday. Addressing a government press briefing, she noted that in 2023, a political conflict had effectively paralyzed the chamber's operations under the previous government. She said the current government has now decided to restore the chamber’s powers. […]
The MICHELIN Guide-recommended country retreat celebrates its tenth anniversary with a menu shaped by international journeys and a decade of culinary experience. Botanica in Dánszentmiklós is celebrating its tenth anniversary with a new menu that represents more than a seasonal change. Inspired by the team’s culinary journeys from Peru and Argentina to Brazil, it brings […]
Parliament elected political scientist Anna Unger as head of the National Asset Recovery and Protection Office (NVVH) in a secret ballot on Friday. Anna Unger, an associate professor at Eötvös Lóránd University's Faculty of Social Sciences in Budapest, was elected with 137 votes in favor, seven votes against and one abstention. Katalin Tasnády, a prosecutor […]
DH Group closed the second quarter of 2026 at record levels in spite of the strengthened Hungarian forint (HUF), the real estate company has announced on the website of the Budapest Stock Exchange. The Group's clean core EBITDA rose 39% to HUF 2.3 billion and clean core profit after tax increased 74% to HUF 1.6 […]
Hungary condemns Russia's military aggression, fully supports Ukraine's sovereignty and territorial integrity while urging negotiations towards sustainable peace and long-term security guarantees, according to the guidelines set for the Hungarian delegation participating in the 81st session of the United Nations General Assembly, published in the official gazette Magyar Közlöny. According to the appendix to the […]
