The number 3 block of the Paks nuclear power plant has been shut down as water levels on the Danube – used to cool the NPP – have reached record lows, Economy and Energy Minister István Kapitány said in a social post on Wednesday. The minister noted that the shutdown was not an unexpected event, […]

The number of guests at commercial and private tourism accommodations in Hungary fell 2.2% to 1,856,000 in June from the same month a year earlier, while the number of guest nights was down 2.5% at 4,328,000, data released by the Central Statistical Office (KSH) on Wednesday show. The number of domestic guests decreased 2.6% to […]

BMW has produced the 50,000th iX3 model at its plant in Debrecen (E Hungary), the German car maker has said. The production milestone was reached nine months after the start of series production, amid strong demand for the first series-production model of the Neue Klasse. "The 50,000th BMW iX3 underscores the capabilities of our plant […]

Hungarian oil and gas company MOL announced on Tuesday the expansion of its Plugee network of EV charging stations with European Union support. Mol Plugee, the Mol Group’s electric mobility service provider, is establishing and developing ultra-fast charging infrastructure at nine Mol charging stations in Hungary; the company has secured 396 million forints in funding […]

The government has made preparations if any steps are needed to ensure Hungary's secure energy supply, Economy and Energy Minister István Kapitány said in a social media post on Tuesday. The minister acknowledged a cut in the output of the Paks nuclear power plant due to record low water levels on the Danube, which the […]

Hungarian parliament approved the bill on Tuesday to establish the National Office for Asset Recovery and Protection (NVVH). The bill was passed with 143 votes in favor and 47 votes against. The explanatory memorandum to the legislation states that its purpose is to establish a legal framework that ensures the NVVH can effectively carry out […]

Hungarians are becoming increasingly cautious about taking out loans: nearly two-thirds of them did not take advantage of this option in the past year, and those who were forced to do so – as in recent years – turned first to family members for financial assistance, followed by banks, and then friends and colleagues. That […]

A 100-year-old Ford Model T has arrived at the Hungarian National Museum, where it was carefully lifted by crane and wheeled into the building under strict conservation measures. The historic vehicle will feature in the museum's upcoming exhibition, 'The American Dream', opening to the public on Thursday, the museum noted. The Ford Model T, a […]

The largest battery energy storage system in the Central European region, with a total installed capacity of 99.8 megawatts (MW) and a storage capacity of 288.5 megawatt-hours (MWh), has been handed over in Buj, Szabolcs-Szatmár-Bereg County, NE Hungary, Forest-Vill Plc. announced on Monday. According to the announcement, Forest-Vill carried out the design and construction work […]

Lawmakers in Hungarian parliament on Monday elected Dr. Pál Sonnevend a Constitutional Court judge, with 138 votes in favor and 6 votes against. The new judge was elected in a secret ballot for a nine-year term. The election was necessitated by the ending of Csaba Hende's mandate as a judge following the 17th amendment to […]

Hungarian Foreign Minister Anita Orbán hosted a bipartisan U.S. congressional delegation at the Parliament Building on Monday. The meeting focused on defense and economic cooperation. In a post on social media, Anita Orbán emphasized that “Hungary and the United States are bound by a close alliance, shared values and common strategic interests. Our cooperation is […]

The number of new Audi models registered in Hungary rose 9.6% year-on-year to 1,904 in the first half of 2026, the exclusive local importer of the vehicles, Porsche Hungaria, said. According to Porsche Hungaria, the Audi brand holds a 3.7% share of the Hungarian passenger car market and a 23% share of the premium segment. […]

The US-owned energy equipment manufacturing and services company GE Vernova is upgrading its base in Veresegyház, on the outskirts of the capital. According to the announcement, the upgrade includes a large-scale solar park development, the installation of new production lines, and the commissioning of high-performance, precision machinery. A solar farm is being built at the […]

Gránit Pólus Group has renewed the financing of the Westend building complex through a EUR 290 million green loan agreement. This is the largest real-estate refinancing transaction in Hungary over the past five years, and it also stands as a record among domestic transactions linked to a single property, the Group says in a press […]

McLaren driver Lando Norris, the reigning world champion, won the 41st Formula 1 Hungarian Grand Prix on Sunday at the Hungaroring, in Mogyoród, just east of Budapest. The 26-year-old, starting from pole position, secured his first win of the season and the 12th of his career. This was his second victory at the Hungaroring following […]

The Budapest Stock Exchange (BSE) stock index rose this week amid increasing trading volume; on Friday, the BUX closed at 143,471.05 points, up 1.77% from the previous week. Weekly trading volume totaled HUF 106.9 billion, up from HUF 102.8 billion the previous week; leading stocks, with the exception of Richter, gained ground, and Mol reached […]