The minister of national economy has decided to limit the number of residency permits issued for guest workers to 35,000 in 2026, level with the number in 2025, the ministry announced on Tuesday. "Hungarian labour remains the priority for the government which is why it will make every effort to put Hungarians in unfilled positions," […]
E.ON Drive Infrastructure (EDRI), Voltix and GreenWay can begin building one of Europe's largest megawatt charging networks with EUR 70.3 million in EU funding. By 2028, the system will serve road freight transport across the continent with a total of 330 charging points at 55 strategic locations, including Hungary, EDRI told MTI on Wednesday. Chargers […]
Listed real estate broker DH Group on Tuesday announced its entry into the Spanish market through the gradual acquisition of local peer Don Piso Group and the establishment of a joint venture to introduce its Credipass financial services in Spain. Under an agreement, DH Group acquired an initial 22.08% stake in Don Piso Group through […]
WING, one of the leading real estate development and investment groups in the Central European property market, has received significant professional recognition. The Hungarian Chapter of the International Real Estate Federation (FIABCI) announced the 27th Hungarian Real Estate Development Excellence Awards Competition this year, where WING’s Liget Center project earned multiple awards. FIABCI, headquartered in […]
Artificial intelligence (AI) is not a promise for the future, but already a competitive factor for Hungarian companies, according to a recent SAP survey of 387 Hungarian middle and senior managers. According to the results, the business benefits of AI are tangible: the vast majority of companies using the technology experience faster decision-making, more efficient […]
Marking World Children’s Day, UNICEF Hungary on Thursday said it is partnering with the national police headquarters ORFK to promote child safety and the protection of children’s rights. "On November 20, the world lights up in blue as a reminder that every child has a right to safety, love and dignity," UNICEF Hungary said in […]
At the opening ceremony of this year's Scientific Student Conference of the Faculty of Electrical Engineering and Informatics at the Budapest University of Technology and Economics (BME), SAP Hungary Ltd. and the University signed a three-year strategic framework agreement. The goal of the two organizations is to develop an even closer relationship between Hungarian engineering […]
The JATE Awards, founded by Katalin Karikó, were presented for the first time at a gala evening held at the University of Szeged on Saturday evening. Literary historian Mihály Ilia, chemistry professor Ágota Tóth, and physician and doctoral student Márton Simon Czikkely received the awards. Katalin Karikó, a former student of József Attila University (JATE), […]
Free skating, charity opportunities, sparkling lights, delicious flavors and aromas, and magnificent gifts await everyone who is already in the Christmas spirit. In connection with the 152nd anniversary of the capital city, the 2025 Advent and Christmas Market and Winter Experience Park opened this Friday afternoon with Budapest's first festively decorated pine tree as well […]
The Hungarian government will extend mandatory caps on a range of food and non-food products until February 28, 2026 in a decree published late on Thursday in the latest issue of the official gazette Magyar Közlöny, the National Economy Ministry told MTI in a statement. The markups cap is also being extended to cover 14 […]
The Hungarian Association of Digital Companies (IVSZ) has joined CyberShield, an initiative to prevent digital financial fraud through education, the Hungarian Banking Association said on Thursday. By joining CyberShield, IVSZ aims to help SMEs build more effective defences against business fraud. CyberShield was launched by the banking association, the National Bank of Hungary, the National […]
Around 6,600 foreign nationals bought homes in Hungary last year, real estate broker OTP Ingatlanpont said on Thursday, citing data compiled by the Central Statistics Office (KSH). The value of those homes was about HUF 309bn. The data show Germans bought the most homes during the year: 1,396. They were followed by the Chinese, who […]
E.ON volunteers provide real help where it is most needed: supporting civil society organizations working in the areas of equal opportunities, education, and sustainability, according to a statement from the electricity and gas supplier. Supporting civil society organizations with knowledge and expertise Since 2016, the E.ON Hungária Group, which operates the electricity and gasnetwork in […]
Last night, the first Rural Entrepreneurs' Night powered by Volkswagen was held at the Eiffel Workshop in Budapest, where the Rural Entrepreneur of the Year Awards were presented. The event is a real highlight among Hungarian business awards, as this is the first time in Hungary that awards have been given exclusively to rural micro, […]
The Hungarian Banking Association warned that a plan by the government to raise the windfall profit tax on lenders would weigh on the entire economy in a statement issued on Tuesday, MTI reports. "Increasing the extra burden on banks would weigh on the entire Hungarian economy, slow economic growth further and hurt the country's assessment," […]
