Companies invest significant resources in improving efficiency: processes, costs, teams and tools are constantly optimized. Yet one area is still often overlooked: the way meetings are organized. The real cost of a meeting is rarely the venue, catering or technology. More often, it is time. A two-hour meeting is almost never just two hours. Travel, […]

The Hungarian President of the Republic, Tamás Sulyok has signed the 17th amendment to Hungary’s fundamental law [that is, constitution], which stipulates that the incumbent president’s mandate will terminate the day after the amendment enters into force. In a video posted on his social media page, the head of state said that since the President […]

Nestle Hungária has confirmed it will shut down production at its factory in the Diósgyőr area of the city of Miskolc (NE Hungary) by year-end because of a decline in demand for seasonal chocolate figurines. Staff were informed of the decision early in July, Nestlé Hungária said. Talks on the sale of the factory and […]

As the airline flying to more countries than any other, Turkish Airlines continues to bring people, cultures and continents closer together through its unrivalled global network and award-winning travel experience. From Budapest, passengers can enjoy direct flights to Istanbul and seamless connections beyond, reaching hundreds of destinations across Europe, Asia, Africa, the Americas and Australia […]

The Hungarian government has made a range of decisions on the taxation of large companies and polluting companies, the elimination of tax avoidance practices by trusts, and a taxation practice that selectively punishes companies, Prime Minister Péter Magyar said late on Friday in a post on social media. "We are also putting order the payment […]

Hungary will call a tender for grid capacity allocation for 1,000 MW of wind energy by August 31, Economy and Energy Minister István Kapitány said in a social media video message on Friday. As he put it, the Hungarian wind energy program has reached a new milestone. The minister stated that volume – indicated after […]

The new Hungarian government "has engaged in intense reforms to restore the rule of law", the European Commission said in its 2026 rule of law report published on Friday. "Following continued dialogue with the Commission under the Recovery and Resilience Plan and the general regime of conditionality, several legislative reforms were advanced. Further constitutional amendments […]

Finance Minister András Kármán encouraged more households and businesses to take advantage of the investment and financing opportunities offered by the Budapest Stock Exchange (BSE) at the ceremonial ringing of the opening bell on Friday. The minister noted that the bourse's main BUX index had broken records in recent weeks and was among the best […]

Nestlé has finished a HUF 900 millin upgrade of the road connecting to its plant in Bük (NW Hungary). The company widened a more than half-kilometer section of the road and built dedicated lanes for lorries and buses. The entire project took seven months to complete, and the new road will be opened to public […]

In its series presenting the short- and long-term economic challenges facing the new Hungarian government, GKI Economic Research Co., examines the development of wealth and income inequalities this week. One of the ways to measure income inequalities is the analysis by income deciles that divide the population, sorted by income, into ten equal parts (10% […]

Hungary is reopening its doors to the film industry as the registration limit for tax rebates imposed by the previous government has been lifted, Ervin Nagy, the deputy state secretary for culture, said in a video posted on social media on Thursday. The registration limit for tax rebates was a cap imposed in 2025 by […]

Researchers from the HUN-REN Biological Research Center (HUN-REN SZBK) in Szeged, in southern Hungary, are playing a key role in the European Union's REPHRAME project, a EUR 45 million initiative targeting antibiotic-resistant superbugs, the HUN-REN Hungarian Research Network said on Thursday. The spread of antibiotic-resistant bacteria poses a global health threat, affecting millions worldwide, HUN-REN […]

The government calculates with GDP growth of 1.6-1.7% in Hungary in 2026, Finance Minister András Kármán said fielding questions at a hearing before parliament's European Affairs Committee on Thursday. The minister put 2027 GDP growth "over 2%". He acknowledged the impact of the outlook for growth on the budget deficit. András Kármán said European Union […]

Matild Palace, a Luxury Collection Hotel, Budapest has become one of the Hungarian capital’s most iconic luxury hotels. This June, the hotel’s offerings were enriched by adding one of the most ancient and prestigious Milanese Maisons, the Cova patisserie and ristorante, creating a meeting point of café cultures and providing guests with enhanced experience. As […]

Listed Hungarian insurer CIG Pannonia has signed a blanket purchase agreement on the acquisition of the Czech and Slovak businesses of YOUPLUS Assurance, based in Liechtenstein, the company said in an announcement on the website of the Budapest Stock Exchange. The acquisition will provide a "stable foundation" for CIG Pannonia's entry onto the Czech and […]

Listed car seller AutoWallis's vehicle first-half sales edged down 1% year-on-year to 26,125, falling on the performance of the wholesale division, a preliminary report released on Wednesday shows. Sales of the wholesale division dropped 4% to 17,946, although the decline slowed in the second quarter, AutoWallis said. A fall in KGM brand sales and production […]