In today’s business world, successful corporate events are no longer defined solely by conference rooms, presentations and formal schedules. Companies are increasingly looking for venues that combine professional infrastructure with an inspiring environment – places where meetings can become opportunities for meaningful conversations, networking and new connections. Located in Budapest’s 9th district, directly next to […]

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate on hold at 5.50% at a monthly policy meeting this week. According to an analyst, the central bank continues to pursue a cautious, data-driven monetary policy, which is currently resulting in a wait-and-see approach. In a statement […]

Business sentiment edged higher but consumer confidence deteriorated in Hungary in October, a monthly gauge by economic research institute GKI shows. GKI's business confidence index rose to -7.4 points in October from -8.3 in the previous month. Sentiment improved in the industrial and service sectors, but worsened in the construction and commerce sectors. The survey […]

The number of new passenger car registrations in Hungary rose 13.0% year-on-year to 108,422 in January-September, data compiled by the European Automobile Manufacturers' Association (ACEA) show. Sales of battery electric vehicles surged 30.1% to 10,443 during the period. Sales of plug-in hybrids rose by 111.8% to 9,834, while sales of hybrids increased by 12.7% to […]

The jobless rate in Hungary for people between the ages of 15 and 74 stood at 4.6% in September, edging down from 4.7% in the previous month, data released by the Central Statistical Office (KSH) on Thursday show. In absolute terms, there were 224,500 unemployed. The number of employed reached 4,661,400. The three-month rolling average […]

The Mamaison Hotel Chain Bridge Budapest, a four-star superior hotel, which opened on July 1, 2025, was recognized in three categories demonstrating the success of its unique all-suite hotel concept, distinctive design and premium guest experience. Mamaison Hotel Chain Bridge Budapest that offers exclusively suites has won World Luxury Hotel Awards in three categories: Luxury […]

The electricity company E.ON has commissioned a new transformer substation and significant related grid upgrades in Szombathely, W Hungary as part of the Danube InGrid program. The HUF 7.5 billion investment strengthens the electricity supply to the city and its surrounding region with new grid capacity, helps meet growing residential and industrial energy demands, and […]

Take-up on the Budapest office property market reached 92,380 sqm in the third quarter, down 9% from the same period a year earlier, but up 9% from Q2, a report released by the Budapest Research Forum (BRF) shows. New leases accounted for 32% of take-up, while renewals made up 49%. Expansions accounted for 10% of […]

Hungary's 4iG Public Limited Company has informed the participants of the capital market on the website of the Budapest Stock Exchange that its subsidiary, 4iG Informatikai Plc. signed this Tuesday a service contract with the Montenegrin Ministry of Public Works, with a total value of EUR 54.25 million, for the implementation of a digitalization and […]

The government assumed GDP growth of 2.4% drafting the 2027 budget, Prime Minister Péter Magyar said in an interview with public radio on Tuesday. Growth is set to accelerate from 1.7-1.8% in 2026, the PM told Kossuth Radio, a day after outlining measures contained in the 2027 budget draft for lawmakers in parliament. He added […]

The package of measures announced in the 2027 budget – including the Wekerle Plus program and the continuation of the 5% VAT rate for new homes – could give the Hungarian housing market a new boost, the real estate site ingatlan.com said on Tuesday. In recent months, demand for home purchases has fallen significantly short […]

Sales in Hungary of SEAT and Cupra brand passenger cars could reach 2,500 in 2026, a 25% increase over the base period, the brand manager for local importer Porsche Hungaria, Ádám Rozgonyi said. He announced that sales of Cupra cars rose 47% to 916 in Q1-Q3, while SEAT registrations increased 16% to 637. For the […]

Economy and Energy Minister István Kapitány said on social media that ways to mitigate high energy prices and strengthen security of supply were on the agenda of a meeting of his Visegrád Group peers in the Slovak capital, Bratislava on Monday. As the meeting of V4 energy ministers started, with the participation of Dan Jorgensen, […]

The E.ON Hungária Group has introduced a digital monitoring system at all of its pressure regulation stations; the goal of this initiative is to reduce methane emissions, enhance supply security, and ensure safe network operation, the company said in a statement on Monday. The investment, valued at HUF 600 million, was financed by the E.ON […]

Amid declining trading volume, the Budapest Stock Exchange (BSE) stock index rose this week; the BUX closed at 145,471.12 points on Friday, up 3,800.12 points, or 2.68%, from the previous week. Weekly trading volume totaled HUF 146.78 billion, down from HUF 192.69 billion the previous week, while the prices of leading stocks rose. In its […]

Nuclear energy is the backbone of Hungarian electricity generation, while the generation mix is increasingly shifting towards renewables, and the weight of coal and other non-gas fossil sources is gradually declining, a new study by the GKI Economic Research Co. finds. In 2025, the largest producer was the Paks Nuclear Power Plant, with 40% of […]