Ball Corporation, a global manufacturer of sustainable aluminum packaging, is expanding its workforce at its recently acquired plant in Makó, SE Hungary, the company’s communications partner informed MTI. According to the announcement, the local company Ball Italcsomagoló Magyarország [Drink Packaging Hungary] Ltd. plans to hire more than forty new employees in the first phase, with […]
The jobless rate in Hungary for people between the ages of 15 and 74 stood at 4.5% in March, data released by the Central Statistics Office (KSH) on Friday show. The rate was up from 4.3% in March 2025, but down from 4.8% in February. In absolute terms, there were 219,000 unemployed in March. The […]
The Property Developers Roundtable Association (IFK) is hoping the new Tisza government’s economic policy directions will include a predictable and stable regulatory environment and is focusing on future professional cooperation with it, the association told MTI. IFK said development decisions are made several years in advance, so predictable and sustainable economic conditions are key for […]
Rába will not pay dividends and will allocate last year’s profit to retained earnings, the Győr-based vehicle manufacturer announced on the Budapest Stock Exchange’s website following its annual general meeting. The decision is in line with the proposal of the board of directors of Rába Automotive Holding Plc. The general meeting made this decision based […]
The number of new passenger car registrations in Hungary rose 10.8% year-on-year to 36,455 in January-March, data compiled by the European Automobile Manufacturers' Association (ACEA) show. Hybrid electric and plug-in hybrid vehicles accounted for 62% of sales, cars with petrol engines made up 20% and vehicles with diesel engines 9%. Fully-electric vehicles accounted for close […]
Hungary's commercial property market is past its cyclical low point, but weak economic growth is holding back a recovery and geopolitical uncertainty is weighing on outlooks, the National Bank of Hungary (MNB) said in a report on the market released on Tuesday. The report augurs an increase in the vacancy rates on the office and […]
HungaroMet, the national weather service, on Tuesday said it will establish Hungary’s first climate adaptation network to support the European Union's Mission on Adaptation to Climate Change. The network aims to foster broad cooperation by connecting sectoral and regional stakeholders, they said. The initiative, part of the EU-funded AdaptationHubs project, will align with similar networks […]
According to the Hungarian Association of Digital Companies (IVSZ), Hungary’s future depends on the knowledge-based transition. In its statement, the organization announced that, as a professional partner, it supports decisions that can make the country one of the region’s leading technology hubs. The statement quotes IVSZ president Balázs Vinnai who said that failing to achieve […]
Economic research institute Kopint-Tárki is predicting that GDP could grow by 2% this year, the head of the institute, Éva Palócz has announced. The institute sees inflation averaging 3.5% in 2026. According to the macroeconomic report published by Kopint-Tárki, the change in government is "creating a new economic framework." The investment-stimulating effect of European Union […]
A measure of business confidence by the Confederation of Hungarian Business (VOSZ) rose to 54% in the first quarter, Ákos Kozák, the director of the Balance Institute, which helps prepare the index, announced. Among the sub-indices of the VOSZ Barometer, the measure of business sentiment rose 3 percentage points from the previous quarter to 61%. […]
The Hungarian Academy of Sciences (MTA) "agrees with the main goals outlined in the program of the Tisza party" and wants to ensure Hungarian researchers gain access to European cooperation and funding as a priority, the academy said in a statement on it website. It added that the autonomous and transparent operation of universities was […]
The Danube boating season has begun, and in addition to sightseeing cruises, several scheduled and special-event boat trips are now available, Mahart-Passnave Ltd. announced to MTI on Thursday. According to the announcement, the Budapest-Szentendre-Budapest sightseeing boat and the hop-on circular route on the Visegrád-Nagymaros-Zebegény route are already in operation, and the Esztergom, Visegrád-Esztergom, and Budapest-Szentendre-Visegrád […]
It is Europe's shared responsibility to ensure future generations learn from the sins of the past, understand their context and reflect on their consequences, the deputy state secretary for civil and social relations, Vince Szalay-Bobrovniczky said, marking the Memorial Day of the Victims of the Hungarian Holocaust on Thursday. Speaking at the Holocaust Memorial Center, […]
The shopping center-focused real estate investment company Urban Plaza Plus Plc. is trading in the standard category of the Budapest Stock Exchange (BSE) on a euro basis, and its listing was celebrated with a symbolic opening bell at the BSE headquarters in Budapest on Thursday. Tibor Tóth, CEO of the Budapest Stock Exchange, said: the […]
The President of the League of Trade Unions (Democratic League of Independent Trade Unions), Dr. Melinda Mészáros sent a letter to Péter Magyar, the leader of the election-winning Tisza Party, stating that the leadership of the League is initiating cooperation with the new government, the union told MTI on Wednesday. They justified the cooperation by […]
