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 […]

“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, […]

The public can view more Picasso prints at the Móra Museum in Szeged this Saturday during the Autumn Night of Museums, where visitors can also learn about numerous historical legends connected to the city and find out if there is any truth to them. According to Anita Hegedűs, the public collection’s PR representative, experts have […]

Today, the circular economy is no longer simply about what happens to waste, but also about how many raw materials we use, how we design our products, and what business decisions we make. At the European Circular Economy Hotspot held in Budapest, with nearly 300 participants from more than 20 countries across four continents, international […]

Hungarian oil and gas company MOL inaugurated a HUF 2.7 billion biomethane unit at its biogas plant in Szarvas (SE Hungary) on Wednesday. The biomethane unit will have annual capacity of 7 million cubic meters, enough to cover the annual gas needs of 8,500 households. The biogas produced at the plant, in operation since 2011, […]

Businesses are taking a wait-and-see approach because they want a clear picture of the new economic policy direction and the expected changes to the subsidy system, Ákos Kozák, co-chair of the National Association of Entrepreneurs and Employers (VOSZ) and co-founder and director of Balance Economic Research and Consulting, which helps prepare the index, said at […]

EU Commissioner for Justice and the Rule of Law Michael McGrath expressed appreciation in Luxembourg on Tuesday for the "significant progress" made in restoring the rule of law and for the "excellent cooperation" between the Hungarian government and the institutions of the European Union. Ahead of the meeting of the EU member states' European affairs […]

Hungary's budget is set for a gradual consolidation, while economic growth is expected to accelerate in the coming two years, Fitch Ratings said in a regional credit analysis on Monday. Fitch noted that the fiscal consolidation would follow a loosening before the general election and increased expenditures to counter the impact of drought and higher […]

Construction output volume, boosted by the civil engineering segment, increased by 21.9% year-on-year and by 14.0% compared to the previous month in August 2026, the Central Statistical Office (KSH) reports. In August 2026, construction output volume, based on both raw and working-day adjusted data, was 21.9% higher than a year earlier. Among the main construction […]

Hungarian pharmaceutical company Egis, owned by France's Servier, inaugurated a central distribution warehouse in Fót, on the outskirts of the capital, on Monday. The warehouse, with capacity for 30,000 palettes of product, was inaugurated in the HelloParks industrial park. CEO Csaba Poroszlai noted that Egis is market leader in Hungary in terms of number of […]

Budapest’s Városliget (‘City Park’) has won the 2026 European Large Urban Parks Award from World Urban Parks (WUP), one of the world’s leading professional park organizations. Benedek Gyorgyevics, CEO of Városliget Plc., announced at a press conference that the City Park was honored as Europe’s best large park this past weekend in Istanbul at the […]