The number of new passenger car registrations in Hungary rose 13.3% to 74,905 in the first half from the same period a year earlier, the Hungarian Association of Vehicle Importers (MGE) said on Friday. Growth in the electric vehicle segment remains strong. In the first six months, 7,498 electric passenger cars were registered, representing a […]

Balaton Shipping Co. (Bahart), which is celebrating its 180th anniversary this year, is welcoming passengers through the end of August with extended peak-season service, a more frequent schedule, and popular program boats, the company informed MTI in a press release this week. The shipping company’s scheduled ferry services connect 16 towns around Lake Balaton, with […]

Over HUF 500 billion worth of energy tenders were called on Thursday, Minister of Economy and Energy István Kapitány has said in a social media post. The electricity grid and smartmeter upgrades will pave the way for connecting more renewables capacity to the grid in order to boost safety of supply and reduce Hungary's vulnerability, […]

Innovation is the key to Hungary's future success and its most important resource, Minister of Science and Technology Zoltán Tanács said at the Demo Day of the Hungarian Startup University Program (HSUP) in Budapest on Friday. The government views science, innovation and technological development as strategic areas, the minister said. Hungary's long-term competitiveness is not […]

Hungarian oil and gas company MOL will launch a scheme dubbed MOL Plugee Partner Program supporting businesses that install new, high-capacity electric vehicle charging points with up to HUF 3.6 million per company, MOL said on Friday. The aim of the program is to increase the number of reliable, publicly available charging points at viable […]

June 2026 was the second hottest June on record in Hungary, marked by an extreme heatwave, the national weather service company HungaroMet said on Friday. The average temperature for the month was 22.5 Celsius nationwide, exceeding the 1991-2020 average of 19.8 degrees by 2.7 Celsius. This made it the second warmest June in the country's […]

HungaroControl's air traffic controllers managed 452,414 flights in Hungarian airspace in January-June 2026, 1.8% fewer than in the same period a year earlier, the state-owned company said. June was the busiest month of the year so far with 97,232 flights. In the first six months the number of flights the ATCs managed that only passed […]

Hungarians' trust in the European Union as a place of stability in a troubled world has surged to 80%, well above the EU average of 75%, according to the latest Eurobarometer survey published this week. Trust among Europeans rose by eight percentage points since the last survey in October-November 2025, but Hungarian support jumped 14 […]

Surgeons at the University of Szeged were the first in Europe, and the third in the world, to implant a new type of heart valve-containing vascular prosthesis, the university's communications office said in a statement on Thursday. The innovative procedure involved implanting a biologically derived heart valve in two young patients with congenital heart disease. […]

The European Commission and the European Investment Bank have announced on Thursday the disbursement of EUR 2.5 billion from the Modernization Fund to support 51 energy-related projects in 11 EU member states, including EUR 552.3 million of transfers for Hungary. These investments will help modernize energy systems by improving energy efficiency in the energy, industry […]

Hungary's net issuance of state debt stood at 85.0% of the full-year plan at the end of the second quarter, the Government Debt Management Agency (ÁKK) said in a press release. As MTI reports, net issuance came to HUF 4,615 billion, compared to the HUF 5,455 billion target for the whole year. Net retail issuance […]

Hungarian-owned Pek-Snack group, which makes frozen bakery products, had after-tax profit of HUF 619 million in 2025, up 5% from HUF 589 million a year earlier, the company told MTI. Revenue was HUF 12.7 billion, almost unchanged from a year earlier. Exports accounted for 42% of the total. Pek-Snack has an extensive franchise network. It […]

Spot market turnover on the Budapest Stock Exchange (BSE) totaled HUF 565.7 billion in June, representing an average daily trading volume of HUF 25.7 billion; the exchange’s benchmark stock index, the BUX, rose 3.9%, closing the month at 139,892.19 points, the bourse told MTI. On international stock markets in June, investor sentiment was shaped by […]

OTP Bank became the first European Union financial institution to launch a EUR 7 billion Medium Term Note (EMTN) program on the Hong Kong Stock Exchange, the bank said on Wednesday. The launch of the program was celebrated with a gong ceremony on June 30. As the first step of the new program, a EUR […]

The Hungarian currency, the forint strengthened close to 8% against the euro in the first half of this year, taking third place among emerging market currencies after the Brazilian real and the Columbian peso, senior analyst Dávid Németh of K+H Bank said on Wednesday. The forint strengthening is a sign of investor confidence in Hungary, […]

The freedom of the United States also guarantees freedom in Europe, Caroline Savage, the Chargé d'Affaires of the US Embassy in Budapest, said at a commemoration marking the 250th anniversary of the US Declaration of Independence. The ceremony was held at a monument to George Washington in the Hungarian capital's City Park on Wednesday, MTI […]