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 […]

International reserves of the National Bank of Hungary (MNB) stood at EUR 62.061 billion at the end of September, down EUR 1.441 billion from a month earlier, data released by the central bank on Wednesday show. Stock of cash, deposits and securities in the reserves slipped EUR 270 million to EUR 45.524 billion, while stock […]

Consumer prices were 1.6% higher on average in September 2026 than in same month of previous year. Compared to August, prices were up by 0.2%. In 12 months, compared to September 2025: Food prices decreased by 1.3% (and by 4.6% excluding food and beverage serving services), within which the price of potatoes went up by […]

Sales of the German BMW brand rose by 3.4% in the Hungarian new-car market during the first nine months of 2026, and BMW Group Hungary closed out its strongest three-quarter period to date with 5,465 vehicles sold. During the same period last year, the importer reported sales of 5,283 units—which was also a record at […]

Retail sales in Hungary rose 2.4% year-on-year in August, data released by the Central Statistical Office (KSH) on Tuesday show. Retail sales rose at the same pace when adjusted for calendar year effects. Adjusted food sales edged up 0.5%, non-food sales rose 5.0% and turnover at petrol stations increased 3.1%. Online and mail-order sales volume, […]

The number of new passenger cars registered in Hungary rose 13.0% year-on-year to 108,422 in the first three quarters of this year, the Hungarian Association of Vehicle Importers (MGE) announced. Excluding re-exports, new passenger car registrations increased 12.6% to 93,130. Sales of all-electric passenger cars rose by 30.2% to 10,445 units, and their market share […]

Corvinus University of Budapest has secured EQUIS accreditation for three years, becoming the first Hungarian institution to enter the top 1% of business schools worldwide that hold all three major international accreditations, the university's website reports. Corvinus University of Budapest was awarded EQUIS accreditation for three years, completing the University’s Triple Crown alongside its AACSB […]

Opel sales gained momentum in the Hungarian new-car market during the third quarter of this year. According to a statement released by Opel Hungary on Monday, the brand’s market share rose to 4.64% with 1,774 cars sold between July and September 2026. In the first nine months of the year, Opel sales grew 13.87% year-over-year […]

Financial services provider Provident Hungary is celebrating its 25th anniversary this year. In connection with this milestone year, the company has launched a new conservation partnership with the Hungarian Ornithological and Nature Conservation Society (MME). In the first year of the partnership, Provident employees have, among other things, built nesting boxes for barn owls, participated […]

Hungary's general government deficit reached HUF 5,261.9 billion at the end of September, widening by HUF 92.8 billion in September alone, a preliminary release of data by the Finance Ministry on Monday shows. The ministry noted that pre-financing in August related to funding from the European Union's Recovery and Resilience Facility (RRF) had added HUF […]

Amid rising trading volume, the Budapest Stock Exchange (BSE) stock index fell this week; on Friday, the BUX closed at 140,050.08 points, down 7.42%, or 11,221.99 points, from the previous week. Weekly trading volume totaled HUF 259.7 billion, up from HUF 99.8 billion the previous week, while the prices of leading stocks declined. On Monday, […]

The rapid improvement in the outlook for Hungarian micro, small, and medium-sized enterprises – which characterized the second quarter – stalled in the third quarter, but SMEs remain optimistic in their forecasts, according to the latest data from K&H Bank’s SME Confidence Index. In its Saturday announcement, the bank stated that the index fell by […]

The gap between the performance of Hungarian hotels and that of other types of accommodations is widening: hotel guest traffic remained stable nationwide during this year’s summer season, whereas private and other types of accommodations saw a significant decline – as noted by the Association of Hungarian Hotels and Restaurants (MSZÉSZ) in its latest analysis. […]

Analysts of Hungarian lender OTP said on Friday in a quarterly forecast that Hungary’s GDP could grow by 1.7% this year and increase by 2.5% in 2027. The director of OTP's analysis center, Győző Eppich said household consumption is expected to drive growth this year, but exports may also help following two years of decline. […]

The government aims to build a knowledge-based economy and the strategically important Hungarian pharmaceutical industry can serve as an example in this regard, Economy and Energy Minister István Kapitány said at a conference of the Hungarian National Association of Pharmaceutical Manufacturers (MAGYOSZ) on Friday. The minister emphasized that the Hungarian pharmaceutical industry is export-oriented and […]

German-owned discount chain ALDI will focus on a stricter discount model to improve profitability based on international experiences, Aldi Magyarország national managing director Bernhard Haider said on Friday. ALDI has examined the countries where the chain operates successfully and they will try to narrow the product range and develop a business model closer to what […]