Mittersisters Ltd., which organizes unique leather bag-making workshops, will begin international expansion next year after closing out a successful year this year, with revenue expected to double, according to company owner Anna Róza Mitter. Mittersisters launched as a Hungarian designer brand in 2015 and has been operating as a company since 2023. The business is […]

The Budapest Stock Exchange (BÉT) stock index rose this week amid increasing trading volume: the BUX closed at 146,155.68 points on Friday, up 2,701.90 points, or 1.88%, from the previous week. Weekly trading volume totaled HUF 139.3 billion, up from HUF 133.5 billion the previous week, as leading stocks gained ground this week. In its […]

The University of Szeged, in the southeast of Hungary, presented the Nobel Prize-winning author László Krasznahorkai with an honorary doctorate at the university's day this Saturday. László Krasznahorkai, who studied law in Szeged in the 1970s, read from his short story "Obstacle Theory", published in Hungarian in 2008. The essay examines the relationship between humans […]

Due to the transformation of the global economy, Central and Eastern Europe needs central bank cooperation that supports mutual economic convergence, National Bank of Hungary (MNB) governor Mihály Varga said at a joint conference by MNB and the Polish central bank. The MNB governor emphasized that maintaining the region's competitiveness requires increasing productivity, strengthening innovation […]

Connecting strong scientific research hubs, experienced professionals, healthcare knowledge centers and nationwide digital infrastructure will be the most critical priority in the coming period, and ensuring that these assets translate into tangible improvements within the sector as rapidly as possible. This was a key takeaway from the 4th Swiss-Hungarian Health Forum held in Budapest on […]

The adoption of the euro could compel the government to maintain fiscal discipline, help anchor inflation expectations, establish exchange rate stability and reduce financing costs, the head of the Government Debt Management Agency (ÁKK), Gergely Tardos said at a conference in Budapest on Friday. The government's decision to set the adoption of the euro as […]

Hungary's current-account surplus was little over EUR 295 million in September, compared to a EUR 159 million deficit in August, data released by the National Bank of Hungary (MNB) on Friday show. The trade surplus reached EUR 1.258 billion, the balance of a EUR 72 million deficit in trade of goods and a EUR 1.331 […]

GKI Economic Research Co. has once again conducted its survey on artificial intelligence (AI), examining how businesses perceive the growing adoption of AI, the opportunities they associate with it, and the impact they expect it to have on their operations. The analysis focuses on businesses’ perceptions of AI reliability and the development of internal policies […]

The nearly 300,000 rural micro, small, and medium-sized enterprises account for almost two-thirds of the domestic SME sector. In 2025, they provided jobs for nearly one million people, and their combined revenue was more than double that of SMEs in Budapest, according to data from OPTEN. This Wednesday evening, more than 300 rural entrepreneurs celebrated […]

Young talents play a major role in shaping the future of the energy sector: their knowledge, creativity, and innovative thinking will fundamentally shape how the energy system operates and evolves in the coming decades. That is why E.ON strives to reach out to, support, and engage the next generation of professionals in a variety of […]

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, reached EUR 7,140,000 in Q1-Q3, climbing 17% from the same period a year earlier, an earnings report released after the closing bell on Wednesday shows. Rental revenue edged up 2% to EUR 13,290,000. The occupancy rate at the […]

Hungary's annualised consumer price index rose to 2.0% in October from 1.6% in the previous month, data released by the Central Statistical Office (KSH) on Tuesday show. Food prices dropped 1.1%, but fell a steeper 4.1% excluding the price of eating out. The price of potatoes rose 14.0% and cooking oil was 6.2% dearer, but […]

One of the most important tools for educating children about sustainability is the transfer of knowledge: the more diverse the ways in which children encounter environmental issues – and the more senses these experiences engage – the more deeply that knowledge and mindset can become ingrained in their thinking. Four years of experience with the […]

Net income of Hungarian pharmaceutical company Gedeon Richter rose 7% year-on-year to HUF 174.9bn in Q1-Q3 as revenue edged higher and sales and marketing costs fell, an earnings report released ahead of the opening bell on Tuesday shows. Revenue increased 2% to HUF 695.9 billion. Cost of sales climbed 4% to HUF 221.8 billion. Gross […]

MÁV Hungarian Railways has issued a new public procurement tender for the long-term maintenance of used railcars it plans to purchase from Switzerland, the MÁV Group said on Monday. The tender covers the maintenance of up to 93 used Stadler GTW multiple-unit trains for a period of 15 years. The railway company noted that, pursuant […]

In Hungary, around 60% of construction companies polled by industry association EVOSZ expect revenue to fall in 2026, the body said on Monday. A little over 43% of the 400 companies that responded to the survey said revenue had dropped in the first half. Around 80% of companies said a lack of orders was the […]