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 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 […]

Economic research institute Kopint-Tárki put Hungary's GDP growth around 2% for 2026 in a forecast published on Wednesday. According to the research institute’s forecast, economic trends domestically, as well as at the European and global levels, may be influenced by geopolitical developments; as a result, global economic growth will slow this year, with economic growth […]

The 180th anniversary of the launch of scheduled steam locomotive service in Hungary was celebrated at Budapest's Nyugati Station on Wednesday. Wreaths were laid at a historical marker commemorating the event, regarded as the start of the Hungarian railways. The first scheduled steam-hauled railway train between Pest and Vác departed from the Nyugati railway station […]

The Yunus Emre Institute is a world-wide non-profit organization created by the Turkish government in 2007. Named after the famous 14th-century poet, Yunus Emre, it aims to promote Turkish language and culture around the world. Its objectives include carrying out educational practices with certificate programs in fields such as Turkish language, history, culture and art. […]

Hungary's new Reconstruction and Recovery Plan "demonstrates a higher level of ambition to protect the EU's financial interests and strengthen the rule of law," Raffaele Fitto, Executive Vice-President of the European Commission for Cohesion and Reforms, said in Brussels. Commissioner Fitto said the new Hungarian RRP went beyond "what was previously discussed with the EC" […]

Deputy Prime Minister and Foreign Minister Anita Orbán represented Hungary at the official ceremonies in Paris to mark France’s national holiday, at the invitation of French President Emmanuel Macron, the foreign ministry said on Tuesday. Among the 35 countries that participated in this year's military parade, Hungary was also represented by over 15 soldiers of […]

First-half domestic revenue of the local unit of Italian building materials maker Mapei rose 14.6% year-on-year to HUF 20.6 billion, Mapei Ltd. said on Tuesday. Export revenue of the unit, mainly to Romania and Serbia, surged 183.2% to HUF 584 million. The press release quoted Béla Markovich, managing director of Mapei Ltd., who pointed out […]

In May, the current account balance closed with a surplus of EUR 81 million, compared with a deficit of EUR 201 million in April, according to preliminary data released Tuesday by the National Bank of Hungary (MNB). The current account closed the first quarter with a surplus of EUR 251 million, compared with a surplus […]

Türk Telekom International (TTI) is the international wholesale arm of Türk Telekom, Turkiye's leading telecommunications provider with a legacy spanning over 180 years. TTI serves as the premier connectivity bridge between Europe, the Middle East, Caucasus and Asia, operating one of the most strategically positioned fiber networks in the CEE region. Headquartered in Istanbul, TTI […]

Hungarian Banking Association leaders congratulated the new government in a statement and said lenders were prepared to play an active role in supporting economic growth, as long as there is a predictable economic policy environment based on market mechanisms with a level playing field. The statement was issued after an annual meeting of the association's […]

This Monday, Hungarian parliament adopted the 17th amendment to the Fundamental Law [the country's constitution] with 139 votes for and 6 against. Under the amended constitution, President Tamás Sulyok's term will be concluded the day after the new legislation takes effect. The amendment, submitted by Prime Minister Péter Magyar, also limits the maximum mandates of […]

Sziget Festival has launched the SZociety Movement and the SZuper SZociety Award to support professionals, civil organizations, and communities working to improve the mental well-being of young people, the festival's organizers said on Monday. The organizers told MTI in a statement that today's teenagers and young adults faced unprecedented mental pressures from a constant online […]