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 […]

Take-up on the Budapest office property market reached 92,380 sqm in the third quarter, down 9% from the same period a year earlier, but up 9% from Q2, a report released by the Budapest Research Forum (BRF) shows. New leases accounted for 32% of take-up, while renewals made up 49%. Expansions accounted for 10% of […]

Hungary's 4iG Public Limited Company has informed the participants of the capital market on the website of the Budapest Stock Exchange that its subsidiary, 4iG Informatikai Plc. signed this Tuesday a service contract with the Montenegrin Ministry of Public Works, with a total value of EUR 54.25 million, for the implementation of a digitalization and […]

The government assumed GDP growth of 2.4% drafting the 2027 budget, Prime Minister Péter Magyar said in an interview with public radio on Tuesday. Growth is set to accelerate from 1.7-1.8% in 2026, the PM told Kossuth Radio, a day after outlining measures contained in the 2027 budget draft for lawmakers in parliament. He added […]

Sales in Hungary of SEAT and Cupra brand passenger cars could reach 2,500 in 2026, a 25% increase over the base period, the brand manager for local importer Porsche Hungaria, Ádám Rozgonyi said. He announced that sales of Cupra cars rose 47% to 916 in Q1-Q3, while SEAT registrations increased 16% to 637. For the […]

Economy and Energy Minister István Kapitány said on social media that ways to mitigate high energy prices and strengthen security of supply were on the agenda of a meeting of his Visegrád Group peers in the Slovak capital, Bratislava on Monday. As the meeting of V4 energy ministers started, with the participation of Dan Jorgensen, […]

Amid declining trading volume, the Budapest Stock Exchange (BSE) stock index rose this week; the BUX closed at 145,471.12 points on Friday, up 3,800.12 points, or 2.68%, from the previous week. Weekly trading volume totaled HUF 146.78 billion, down from HUF 192.69 billion the previous week, while the prices of leading stocks rose. In its […]

Nuclear energy is the backbone of Hungarian electricity generation, while the generation mix is increasingly shifting towards renewables, and the weight of coal and other non-gas fossil sources is gradually declining, a new study by the GKI Economic Research Co. finds. In 2025, the largest producer was the Paks Nuclear Power Plant, with 40% of […]

Dunaföldvár Metal Processing (Dufém) Ltd. is building a manufacturing and warehouse facility with an investment of 240 million forints, supported by a 50% grant from the EU’s Economic Development and Innovation Operational Program Plus. The 820-square-meter building will be completed in October 2027, Managing Director István Klopcsik said. Together with the current facility, the plant’s […]

Pursuant to a government decision, the Institute and Museum of Military History will move back to Kapisztrán Square, next to the District 5 City Hall in Budapest. Starting in 2023, the Ministry of Defense took over the museum’s space in the former Nádor Barracks. There had previously been a plan to move the collection to […]

“In the uncertain economic environment, Europe must pursue a cautious macroeconomic policy, while at the same time strengthening its competitiveness by fostering innovation,” National Bank of Hungary (MNB) Governor Mihály Varga stated at the IMF’s annual meeting, MNB says on its website. He underlined that Hungary’s economic outlook had improved significantly in the recent period, […]

Wizz Air, the low-fare carrier headquartered in Hungary, is starting the winter season in a favorable position, in spite of the uncertain environment, CEO József Váradi said at a press conference in Budapest on Friday. The CEO added that 82% of Wizz Air's fuel needs for the coming six months were covered by contracts at […]

In the presentation of its latest production report, the Hungarian geothermal energy company PannErgy maintains its previously (in January 2026) published consolidated IFRS EBITDA guidance for the 2026 financial year, which is expected to be within the range of HUF 4,300-4,450 million. The weather conditions during the reporting period represented a less favorable geothermal heat […]

In series of articles GKI Economic Research Co. presents the short- and long-term economic challenges facing the new Hungarian government. This time, they examine the macroeconomic effects of European Union funds.The state of the budget, including the inflow of European Union funds, is one of the new government’s key economic policy challenges. The budgetary situation […]

The Hungarian Tourism Agency is drafting a new strategy and working on a new system of coordination for the sector, the agency's head, Olivér Csendes said at a presentation in Keszthely (SW Hungary) on Thursday. At the presentation of a program to develop active tourism around Lake Balaton, Oliver Csendes said he had held talks […]

Sales of listed car seller AutoWallis slipped 3.7% year-on-year to 37,963 in Q1-Q3, falling on the performance of the wholesale division, a preliminary report released on Wednesday shows. Turnover of the wholesale division dropped 6.8% to 26,029. CEO Gábor Ormosy said an expected recovery of the segment in the third quarter had failed to materialize, […]