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 […]

Hungarian oil and gas company MOL on Tuesday announced the construction of a HUF 5.5 billion hydrocarbon collection center near three wells in Vecsés on the outskirts of the capital. Hydrocarbons from the three wells in Vecsés, which now account for around 30% of MOL's domestic crude production, will be consolidated at the collection center […]

The full session of Hungary’s Constitutional Court elected Pál Sonnevend as the court's president in a secret ballot on Monday. Pál Sonnevend assumed his role immediately a upon his election. Parliament elected Pál Sonnevend as a member of the Constitutional Court on July 27, and his presidential term will last three years, the court said […]

In Hungarian preschools and schools, concern about the environmental crisis has given way to a desire to take action: communities are seeking solutions and have countless ideas for saving our planet. In the “Champions of the Earth” contest – now in its fourth year – organized by the energy company that operates the power grid […]

A test run of the first bus powered by biomethane (Bio-CNG), a renewable fuel, begins on Budapest's 132E line, with the vehicle presented in the capital at a press conference held in front of Hungarian oil and gas company MOL's headquarters on Monday. "It is a key strategic goal of the Mol Group to support […]

Hungary’s economic catch-up has stalled by 2026, as the model based on cheap labor, exports and government incentives has reached its limits. According to the latest study by the Hungarian Banking Association, breaking through the economic glass ceiling will require a reduction in government intervention, predictable regulation, and comprehensive reforms in mortgage lending, building energy […]

The Budapest Stock Exchange closed the week on an upswing, with the BUX index ending trading on Friday at 145,257.34 points. This represents a gain of 3,208.75 points, or 2.26%, compared to the previous week’s closing value. Trading volume also picked up, with investors executing trades totaling HUF 126.98 billion, compared to HUF 104.67 billion […]

Health-care Minister Zsolt Hegedűs commemorated the victims of the new coronavirus pandemic (COVID-19) in a social media post on Saturday, noting that official records put the number of fatalities in Hungary at 49,124. A memorial list compiled by the Hungarian Medical Chamber in 2023 includes 84 deceased health-care workers, the minister said, adding that the […]

Preliminary data show the number of births falling by 4.8% in September compared with the same month of the previous year, while deaths declined by 1.9%, the Central Statistical Office (KSH) said. Marriages decreased by 18%, it added. Fully 5,893 children were born in September and 8,788 people died, while the natural decrease in the […]

The UBM Group, which is engaged in feed production and the trading of feed ingredients, closed its fiscal year with revenue of over HUF 237 billion, the company announced on Friday. According to the announcement, UBM Holding Plc.'s annual financial statements were approved at the company's general meeting on Friday. In the fiscal year ending […]

Hungary's GDP rose 1.5% in the third quarter from the same period a year earlier, a first reading of data released by the Central Statistical Office (KSH) on Friday shows. GDP also rose 1.5% when adjusted for seasonal and calendar year effects. Growth was driven by industry and supported by services, while the farm sector […]

Starting this Friday, the exhibition ‘Bonjour Monsieur Gauguin – Circles of the Post-Impressionists and Symbolists’, which showcases the life’s work of French painter Paul Gauguin (1848-1903), presents a total of 150 masterpieces, including 80 works by Gauguin. The exhibition is part of the “French series” launched more than twenty years ago, as part of which […]

The Ministry of Finance has presented its medium-term economic and fiscal program, which includes budget cuts planned for the next three years. As Finance Minister András Kármán put it, “the government’s aim for 2030 is clear: growth above 3% and a deficit below 3%” – more precisely: reducing the budget deficit to 2.8% by 2030, […]

Hungarian Prime Minister Péter Magyar called the first Czech-Hungarian joint cabinet meeting a "historic" event, praised the cooperation of the Visegrád Group and spoke about plans for a high-speed railway linking the V4 countries at a press conference held jointly with his Czech counterpart, Andrej Babiš, in Prague on Thursday. Speaking at the event, Péter […]

In the life of a nonprofit organization, the cause is what matters most: staff and volunteers work day in and day out to bring about real change in the lives of individual communities. However, for this impact to be felt in the long term, commitment alone is not enough: sustainable operations also require organizational development, […]

The unity of the Turkic world is the strongest manifestation of the deep-rooted legacy we have inherited from our shared history and our determination to shape our common future. The bridges of affection that have united our brotherly peoples across different geographies and through countless trials over the centuries today form the solid foundations of […]