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, […]

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 […]

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 […]

The new approach in Hungarian education policy focuses on children, teachers and schools, the Minister of Education and Child Affairs Judit Lannert said on Monday. The minister said on social media that instead of excessive centralization, they will restore the professional autonomy of educational institutions, and reduce the unnecessary administrative burden on teachers. She added […]

The European Commission (EC) has approved a EUR 2 billion capital injection by the state of Hungary into the Hungarian Development Bank (MFB). The measure, to be funded by the Recovery and Resilience Facility (RRF), supports the development of economic activities", the EC said, justifying its approval. According to the statement, the European Commission concluded […]

German car maker Mercedes-Benz inaugurated an expansion at its manufacturing base in Kecskemét (C Hungary) this Monday to accommodate production of the electric C-Class model. Prime Minister Péter Magyar drove an electric model with Mercedes-Benz Group chairman Ola Kallenius to the site of the ceremony. On the way, Péter Magyar said the aim was to […]

As she concludes a landmark four-year tenure, Turkish Ambassador Karanis Ekşioğlu speaks to Diplomacy&Trade about record trade figures, energy deals, joint defense ventures and the deepening of a centuries-old friendship. By the time Turkish Ambassador Gülsen Karanis Ekşioğlu prepares to hand over her keys in Budapest, the bilateral trade volume between Türkiye and Hungary has […]

Amid rising trading volume, the Budapest Stock Exchange (BSE) stock index fell this week; on Friday, the BUX closed at 142,467.45 points, down 0.42 points from the previous week. Weekly trading volume was HUF 104.7 billion, up from HUF 103.0 billion the previous week; leading stocks weakened, with the exception of Mol. On Monday, the […]

Thanks to continuous restocking, by the second week of July, Hungary already had crude oil and fuel reserves equivalent to 87 days of imports, which is a major improvement compared to the low of 44 days recorded at the end of March, Minister of Economy and Energy István Kapitány has announced on social media. He […]

Hungary has become a full member of the Friends of the Western Balkans group, Foreign Minister Anita Orbán said in a video message on social media on Saturday. Hungary was invited to participate at a meeting of the group in Rome on Saturday as an observer, but was asked to become a full member during […]

A full-chain carbon capture and storage (CCS) project at the biorefinery of Hungary's Pannonia Bio is proceeding on schedule. In the framework of the European Union-funded Danube Removals project, launched in the spring of 2024, more than 500,000 tonnes of biogenic CO2 a year will be collected and injected into a permanent geological storage site. […]

Hungary's largest financial institution, OTP Bank has signed a strategic cooperation agreement with the Budapest University of Technology and Economics (BME) covering instruction, research and recruitment in the area of cybersecurity, the lender said in a statement. In the framework of the cooperation, OTP's experts will participate in the university's cybersecurity training programmes and contribute […]

UniCredit Bank sees Hungary's economy expanding by 1.3% in 2026 and 2.5% in 2027, the lender's chief analyst for Central and Eastern Europe said on Friday. Mauro Giorgio Marrano said industry could contribute to growth in 2026, pointing to positive trends in export-oriented branches. Consumption appears stable and real wages are on the rise, while […]