Net sales revenue increased by nearly HUF 500 million, or 9%, to HUF 5.2 billion, indicating moderate but stable growth, the international IT service provider Gloster Digital Group has said in a statement on the website of the Budapest Stock Exchange. EBITDA decreased from HUF 519 million to HUF 484 million, representing a 7% decline. […]

The financial wealth of Hungarian households grew by 13.9% in 2024, which is the fastest pace since the 2008 global financial crisis, according to Allianz's latest Global Wealth Report, as quoted by the economic portal penzcentrum.hu. According to Allianz's latest report, global household financial wealth grew by 8.7% in 2024, exceeding the 8.0% rate in […]

Sweden's Ericsson and the North Macedonian units of Hungary's 4iG Group and have signed a memorandum of understanding on strategic cooperation, according to a statement published on Monday. The strategic partnership outlined in the MoU, signed by 4iG unit One Macedonia and Ericsson Telecommunications Macedonia, aims to involve Ericsson in the design, delivery and commissioning […]

Gedeon Richter Plc. and Hikma Pharmaceuticals Plc. along with its wholly owned subsidiary Hikma Pharmaceuticals USA Inc. (“Hikma”) announcee this Monday that the U.S. Food and Drug Administration (FDA) has granted approval for the Biologics License Applications (BLA) of their biosimilar denosumab products, EnobyTM (denosumab-qbde) and XtrenboTM (denosumabqbde), referencing Prolia® and Xgeva®, respectively. Denosumab is […]

Open cellars, vineyard tours and cultural events await visitors between October 3 and 5 at the Tokaj-Hegyalja Harvest Days, one of Hungary's oldest harvest festivals, organizers told MTI. They wrote that the venue for the event, which has been held since 1932, will be the Tokaj Festival Valley this year, but programs are also being […]

The Budapest Stock Exchange (BSE) share index, the BUX, fell amid declining turnover this week, closing at 99,207.79 points on Friday, down 990.77 points, or 0.99%, from a week earlier. Weekly turnover was HUF 66.48 billion, down from HUF 101.33 billion the previous week, with all leading shares closing below last week's levels. On Monday, […]

Danish author Janne Teller will be the guest of honor and Romania will be the guest of honor country at this year's 30th Budapest International Book Festival, which will welcome a record number of 162 exhibitors, 118 programs, and more than 300 book signings between October 2 and 5 at the Bálna Defense Center in […]

The BMW Group's new car factory was officially opened this Friday in Debrecen, E Hungary where series production of the company's latest model, the Neue Klasse iX3, has begun. The more than 2,000 employees have arrived from 15 countries. Hans-Peter Kemser, President and CEO of BMW Manufacturing Hungary Ltd., was of the view that when […]

According to preliminary data published by the country's Central Statistical Office (KSH), 6,360 children were born and 8,908 people died in August 2025. The number of births lessened by 5.7%, that of deaths by 15% and that of marriages by 5.1% compared to the same month of the previous year. In August 2025: In January–August […]

Young soccer players attending the Hungarian Interchurch Aid's centers in northern and southern Hungary, children living in disadvantaged communities, competed for the championship title at the Ferencváros soccer club's sports center in Budapest after several months of training and competition.  The soccer program run by Provident Financial Ltd. and the Hungarian Interchurch Aid to promote […]

Hungary's MOL Group has signed an agreement to restart international crude exports from the Kurdistan Region of Iraq, MOL Plc. has notified market participants on the website of the Budapest Stock Exchange. The statement says that MOL, as an integrated oil and gas company with interests in Exploration and Production (E&P) assets in the Kurdistan […]

In August 2025, nearly 2.8 million guests spent 7.3 million tourism nights at tourist (commercial, private and other) accommodation establishments in Hungary, the country's Central Statistical Office (KSH) reports. Tourist arrivals were up by 5.2% and tourism nights by 3.1% in number compared to a year earlier. In January-August 2025, the number of domestic and […]

Hungary is under pressure from both the U.S. and the European Union to cease importing Russian fossil fuels, with Budapest contending that alternative energy sources are insufficient to replace its pipeline supplies. The push for Hungary to reduce its reliance on Russian energy is complicated by the country's close relationship with Russia and its reliance […]

This year's edition of the World Press Photo competition in Hungary has opened at the Biodome near Budapest's City Park. The exhibition showcases the best and most important photojournalism and documentary photography of the past year. The organizer of the Budapest exhibition that presents a total of 59,320 photos submitted to the competition by 3,778 […]

BOOKR Kids has announced that its digital language learning solution, BOOKR Class, has been officially added to UNICEF Learning Cabinet's selection of educational technology tools. According to the company, "this prestigious recognition confirms that BOOKR Class is not only innovative and experience-based, but also has a scientifically proven impact and is ready for widespread implementation […]

In August 2025, the average number of employed persons aged 15–74 was 4,676,000. The number of unemployed persons was 215,000 and the unemployment rate was 4.4%, Hungary's Central Statistical Office (KSH) reports. In the period June–August 2025, the average number of employed persons aged 15–74 was 4,679,000, 36,000 fewer than a year earlier. Among males, […]