The new Hungarian government is expected to decide on restrictions on the employment of guest workers from countries outside of the European Union at a cabinet meeting in the coming week, a government spokesperson said on Monday. Prime Minister Péter Magyar has asked the economy and energy minister and the social and family affairs minister […]

ANY Security Printing Company closed the first quarter of 2026 with HUF 2.7 billion net results, and HUF 187 EPS, the company has announced on the website of the Budapest Stock Exchange. The report says ANY Security Printing Company generated revenue of HUF 17.192 billion in the first quarter of 2026. Consolidated net profit for […]

K+H Bank, the Hungarian unit of Belgian's KBC, had a first-quarter loss of HUF 19 billion as it booked the full amount it must pay for the year on the bank levy and windfall profit tax, the lender said on Monday. K+H Bank booked HUF 58 billion for the bank levy and windfall profit tax […]

General government consolidated gross debt at nominal value was 77,9% of GDP, amounting to HUF 69,012 billion, at the end of 2026 Q1. According to preliminary financial accounts data, general government net lending was equal to -5.6% (HUF -4,964 billion) of Hungary’s GDP in the four quarters to 2026 Q1. General government net lending amounted […]

Hantavirus currently poses no immediate epidemiological threat in Hungary, Health Minister Zsolt Hegedűs said late on Sunday. Commenting on several news reports in recent days regarding a case in Arad County, SW Romania, he said on a social media site that there are no known infected Hungarians, nor is there any known Hungarian who may […]

Speakers at the March of Living event in Budapest on Sunday afternoon emphasized the importance of combatting indifference and hatred, as well as the duty of remembrance. At the end of the march commemorating the victims of the Holocaust, Budapest mayor Gergely Karácsony spoke of a divided country now giving itself a new chance to […]

According to a survey conducted by the GKI Economic Research Co. – with the support of the EU –, public expectations improved significantly, to levels not seen in 5.5 years. The GKI Consumer Confidence Index increased by 16.1 points. Such a positive monthly shift has never been seen in the more than 30-year history of […]

Having arrived in Budapest as the Ambassador of Belgium in August 2023, one of the perks I greatly enjoy is the location, beauty and rich history of the Belgian Residence, which I am privileged to live and work in. The residence is situated on Donáti Street 34, in the attractive historical First District at the […]

The stock index of the Budapest Stock Exchange (BSE), the BUX, fell 2.12% this week compared to last Friday’s close, MTI reports. Total trading volume for the week fell by HUF several billion to HUF 114.1 billion, down from HUF 120.6 billion the previous week. The BUX started the week weakly, closing in the red […]

Electrical engineering company ABB will invest HUF 5 billion to expand capacity at its base in Kecskemét (East Central Hungary), the company has announced. As part of the development project in Kecskemét, new machines, injection molding equipment, robotic solutions, and additional production lines will be installed. The investment will enable increased production of several medium-voltage […]

The Hungarian Business Leaders Forum (HBLF) held its general meeting to elect new officers at a time when the responsibility of business leaders extends beyond economic performance: trust, ethical conduct, and value-based decision-making have become fundamental prerequisites for competitiveness, according to a HBLF statement. The business leaders’ community, which looks back on more than three […]

The Toyota brand reported growth far exceeding market expansion year-over-year in the Hungarian new car market, where it continues to lead the brand rankings, Toyota Central Europe Ltd. (TCE) informed MTI. Sales of the Japanese brand in Hungary rose by 16.2% in the first four months of this year compared to the same period last […]

One of Europe’s most important circular economy conferences will be held in Budapest on October 5-7, 2026. The Circular Economy Hotspot aims to bridge the gap identified in the latest research by one of the organizers, the Business Council for Sustainable Development in Hungary (BCSDH): according to this research, companies have already set out on […]

Hungary's current account had a EUR 715 million surplus in March, widening from a EUR 125 million surplus in the previous month, preliminary monthly data released by the National Bank of Hungary (NBH) on Friday show. The trade surplus reached EUR 1.073 billion, as the balances for both trade in goods and services showed surpluses […]

World-renowned opera singer Plácido Domingo has been enchanting music lovers around the world with his distinctive and emotive voice for more than 60 years. Recognized as one of the finest and most influential singing actors in the history of opera, the multifaceted artist is also a conductor and a major force as an opera administrator. […]

First-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 6% year-on-year to HUF 177.0 billion as the lender booked the full-year amount of sectoral taxes during the period, an earnings report released ahead of the opening bell on Friday shows. If OTP had booked the prorated amount of the bank levy and windfall […]