Mastercard has published the results of its research on credit card usage and attitudes, which has been tracking the payment habits of Hungary’s urban population for 17 years. According to the study’s findings, the use of electronic payment solutions in Hungary increased across all segments examined in 2025. The most significant progress occurred in the […]
Heineken® has launched its “Fans Have More Friends” campaign in Hungary as well, with the aim of showing that cheering on a team is one of the fastest ways to form friendships among strangers. The new TV commercial, featuring Heineken® ambassadors Max Verstappen, Virgil van Dijk and DJ Martin Garrix, debuted on the domestic market […]
MBH Bank will be included in the Budapest Stock Exchange's main BUX index from April 1, the lender sent a press release to MTI on Tuesday. According to the announcement, inclusion in the BUX index marks another milestone in strengthening the bank’s presence in the capital markets and serves as confirmation of the company’s stock […]
In the fourth quarter of 2025, 87.7% of payment accounts held by natural persons were accessible online. Compared to the previous quarter, the number of ATMs operating in the country increased by 185. Compared to the same period a year earlier, the number of individual credit transfers initiated using mobile banking applications was up by […]
Pécs Brewery, in the southwest of Hungary, has developed a family of non-alcoholic isotonic beverages in a more than HUF 800 million project, the company told MTI. Pécs Brewery was awarded close to HUF 400 million in support for the project from the National R+D+I Office. In their announcement, they stated that they had developed […]
SeaCon Europe is investing HUF 244 million in a project to develop a digital product passport platform that would track the production and processing processes of food products. The project has received HUF 149 million of European Union and government funding, and will help producers gather scattered information to reduce losses and help find the […]
Hungary's national flag was raised with military honors on the Lajos Kossuth Square in front of Parliament this Sunday morning, on the national holiday marking the 1848-49 revolution and freedom fight. The day also saw major political rallies. The flag was raised and the national anthem performed in the presence of President Tamás Sulyok. March […]
The National Bank of Hungary (MNB) says it remains committed to actively participating in international cooperation initiatives that support the European integration of institutions in the Western Balkans in the long term. An MNB statement says the third phase of the European Union (EU) -funded technical assistance program, entitled 'Strengthening the Central Bank Capacities in […]
Hungary will cap retail prices of motor fuel at HUF 595/liter for petrol and HUF 615/liter for diesel from midnight on Monday, Prime Minister Viktor Orbán has announced. The price cap will apply to private individuals, farmers, hauliers and businesses with vehicles with Hungarian number plates and residency in Hungary, the PM said. He was […]
Denmark-based Xellia Pharmaceuticals is investing EUR 70.85 million in Szigetszentmiklós, south of Budapest, further strengthening Hungary's role in the European healthcare and antibiotic supply chain. The development aims to create a modern, automated pharmaceutical manufacturing plant and promises create 91 new high value-added jobs. Headquartered in Copenhagen, Xellia Pharmaceuticals is a specialty pharmaceutical company focused […]
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 […]
