World-renowned opera singer Plácido Domingo has been enchanting music lovers around the world with his distinctive and emotive voice for more than 60 years. Recognized as one of the finest and most influential singing actors in the history of opera, the multifaceted artist is also a conductor and a major force as an opera administrator. […]

First-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 6% year-on-year to HUF 177.0 billion as the lender booked the full-year amount of sectoral taxes during the period, an earnings report released ahead of the opening bell on Friday shows. If OTP had booked the prorated amount of the bank levy and windfall […]

Hungarian haulier Waberer Group's consolidated EBIT for the first quarter of 2026 was EUR 11.0 million, which is in line with the base period (Q1 2025) result. The quarterly report was publihed on the website of the Budapest Stock Exchange. The Group's consolidated revenue for the quarter was EUR 207.9 million, representing a 6.9% increase. […]

Hungary's government has mandated the release of a further 575 million liters of motor fuel from strategic reserves in a decree issued in the latest issue of the official gazette Magyar Közlöny. The decree, by the economy and energy minister, István Kapitány releases 150 million liters of petrol and 425 million liters of diesel. According […]

Competitive salary and benefits are by far the strongest driver of employer choice in Hungary, both in importance and in prioritization, with pleasant work atmosphere, job security, and work-life balance following closely behind. When looking at priorities, pleasant work atmosphere, though the second most important driver, is often traded off for work-life balance and job […]

First-quarter after-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 20% year-on-year to EUR 2,670,000, an earnings report shows. The pro-forma net profit for the first quarter of 2026 was in line with company’s expectations at EUR 2.67 million, representing a significant increase of 20% compared […]

Hungary’s war-related state of emergency, in place for four years under former PM Viktor Orbán, officially ends on Thursday, Prime Minister Péter Magyar said on social media. "With this, we are also saying goodbye to the decree-based governance introduced six years ago. We are returning to normalcy, he added. "With this, we are also bidding […]

Talent is evenly distributed across society: in every town and in families of all social and economic backgrounds, there are talented young people. Access to opportunity, however, is far from equal. This structural challenge is the focus of a campaign launched by the Hungarian Business Leaders Forum (HBLF) on the occasion of the International Roma […]

Listed building materials maker Masterplast had first-quarter after-tax profit of EUR 1.9m, improving from a loss of EUR 2.2 million in the base period, an earnings report released ahead of the opening bell on Thursday shows. In the first quarter of 2026, Masterplast achieved consolidated revenue of EUR 57,4 million, representing the third highest quarterly […]

The volume of industrial production in Hungary grew by 6.7%, based on working-day adjusted data it rose year-on-year by 3.7% in March 2026, data released by the Central Statistical Office (KSH) shows. A production increase occurred in the great majority of the manufacturing subsections. According to seasonally and working-day adjusted data industrial output was 3.1% […]

Following the presentation of letters of credence on May 12 and the ceremonial swearing-in ceremony held at the Parliament Building, the new TISZA government was officially formed at midnight on the 13th. This is the fastest government formation since the regime change of 1989-90: just one month after the historic election victory on April 12, […]

Hungary's GDP growth could reach 1.8% in 2026 and accelerate to 2.6% in 2027, CIB Bank chief analyst Mariann Trippon said at a press conference. Mariann Trippon stated that consumption could drive growth, while investments stabilized. She added that the arrival of European Union funding would support investments from the autumn, at the earliest, and […]

Battery manufacturer EVE Power Hungary Ltd. has officially joined the Hungarian Battery Association (HUBA). With this move, the company has reaffirmed its earlier commitment to dedicate the year 2026 to strategic partnerships, with a focus on research and development, regulatory dialogue and enhancing public education. EVE Power Hungary’s recruitment drive in Debrecen (E Hungary), launched […]

With its rich cultural heritage, Mediterranean climate and diverse tourism offering – from historic cities and vibrant cultural life to gastronomy and world-class diving –, Malta continues to reinforce its position as an ideal year-round destination. The latest results presented by the Malta Tourism Authority highlight not only strong growth, but also a clear strategic […]

Belgian universal multi-channel bank-insurer KBC booked a EUR 30 million first-quarter loss at its banking and insurance business in Hungary as a windfall profit tax weighed, the lender said in an earnings report released on Tuesday. KBC booked EUR 215 million in banking and insurance taxes at the business – the full-year amount – up […]

First-quarter net income of Magyar Telekom rose 9% year-on-year to HUF 59.0 billion as margins widened and financial losses narrowed, an earnings report released after the closing bell on Tuesday shows. Revenue edged down 2% to HUF 238.1 billion. Direct costs dropped 10% to HUF 82.7 billion, lifting gross profit 4% to HUF 155.3 billion. […]