The Hungarian Franchise Association has awarded Duna House the "Domestic Network Successfully Expanding Abroad" award. The award confirms the results of the group's European expansion: the Hungarian-founded company now has a presence in Hungary, Poland, Italy and Spain with real estate networks and bank-independent credit intermediation services, Duna House told MTI on Friday. They recalled […]
Last year, people in Hungary returned more than 3 billion beverage containers (bottles, cans and glass bottles) through the MOHU REpont return system, which is almost 90% of the beverage containers that entered the market, MOHU, the company in charge, told MTI on Tuesday. They pointed out that before the introduction of the MOHU REpont […]
Last year, approximately 1.17 million tons of crude oil were extracted from Hungarian fields, the highest figure in the 2000s. Approximately two billion cubic meters of natural gas were extracted, with production exceeding this level last seen in 2013, according to a joint statement by Hungary's Ministry of Energy (EM) and the Supervisory Authority for […]
Low-budget air carrier Wizz Air remains committed to the Hungarian market in the long term and will continue to strive for stability, reliability and predictability in the future, the CEO of the airline, József Váradi emphasized at a background briefing in Budapest this week. He emphasized that Wizz Air is a Hungarian airline that started […]
Sales in Hungary of Swedish home furnishings giant IKEA rose 4.4% to HUF 144 billion in its business year ended August 31, IKEA Hungary said in a statement. According to the assessment, the key to the year's success was continuous price reductions. The company has provided customers with a total of 6.5 billion forints in […]
The documentary 'Queen of Chess', chronicling the life of Hungary's Judit Polgár, the greatest female chess player of all time, premiered at the Sundance Film Festival this Tuesday. Directed by Oscar-nominated filmmaker Rory Kennedy, the film explores Judit Polgár's extraordinary journey. "Two years ago, Rory Kennedy approached me about making this documentary," the former chess […]
On International Holocaust Remembrance Day, "in the first place, we commemorate a Hungarian national tragedy, of which we were a part both with several hundred thousand innocent victims and having participated on the side of the perpetrators" the head of the Prime Minister's Office, Gergely Gulyás was quoted by MTI as saying at a commemoration […]
Take-up on the industrial property market in and around Budapest reached 261,600 sqm in the fourth quarter, the Budapest Research Forum (BRF) said on Tuesday. According to a summary sent to MTI, the largest handover of the quarter was the first hall of CTPark BudapestÉrd, with a floor area of 53,000 sqm. New leases accounted […]
The number of new passenger car registrations in Hungary rose 6.4% to 129,440 in 2025, data compiled by the European Automobile Manufacturers' Association (ACEA) show. Hybrid electric and plug-in hybrid vehicles accounted for 56% of sales, cars with petrol engines made up 24% and vehicles with diesel engines 11%. Fully-electric vehicles accounted for almost 9% […]
Investors became more cautious as buyers, but remained very active as sellers on the real estate market in 2025, real estate broker Duna House told MTI on Monday. According to the company's data, investment purchases accounted for approximately 23% of total national turnover for the year as a whole, down from nearly 27% at the […]
The 44th AGROmashEXPO and Agricultural Machinery Show, which ended over the weekend in the Hungarian capital, welcomed nearly 35,000 visitors, the Hungexpo Budapest Congress and Exhibition Center told MTI on Monday. According to the event venue, this was the most successful agricultural exhibition in recent years. The outstanding interest confirms the international significance of the […]
Interest in newly built homes in Hungary rose to a multi-year high at the beginning of 2026, while demand for used homes fell significantly compared to the same period last year, ingatlan.com told MTI on Wednesday. The announcement highlighted that the year got off to a mixed start on the Hungarian housing market, with the […]
The number of flights HungaroControl's air traffic controllers managed in Hungarian airspace rose 8.2% to 1,245,813 in 2025, the state-owned company told MTI on Monday. Overflights, that is, transit traffic accounted for nearly 85% of air traffic in Hungary, reflecting the country's key transit role in European air transport. HungaroControl expects further traffic growth in […]
Provident Financial Ltd., celebrating its 25th anniversary this year, has been awarded Top Employer status, one of the world's most prestigious independent human resources certifications. The title is awarded by the Top Employers Institute to organizations that pay special attention to employee experience and people-centered corporate culture in their operations. The certification is not just […]
On January 1, 2026, Zoltán Magyari, previously Deputy CEO, took over the management of Continental Tobacco Corporation from Csaba Füzi, who had served as CEO since June 2005. Following in the footsteps of his predecessor, the new CEO considers predictable growth and increased operational efficiency to be his primary tasks, while adapting to changes in […]
