MTI

Government

Orbán to Give Speech in Budapest on Oct 23

Prime Minister Viktor Orbán will give a speech on October 23, Hungary's national holiday, in the Millenaris Park in Budapest,...

HR

Number of Women Execs at Successful Hungarian Companies on the Rise

The number of successful Hungarian businesses headed by women is on the rise, László Hunyadi, the deputy state secretary for...

EU

Hungary Army Chief: Aim Is to Strengthen EU Defense Capabilities

A common aim is to strengthen the European Union's defence and crisis management capability which is particularly important because of...

Green Energy

Close to 1,000 Households Finish Subsidized Solar Panel Investments

Nearly 1,000 households have completed investments supported by subsidies for solar panel and battery storage, the Energy Ministry said on...

Tourism

Foreign Tourist Numbers Climb 14% in Summer

The number of foreign tourists who visited Hungary during the summer was over 3 million, rising 14% from the same...

Tourism

Ministry, Tourism Agency Present Deregulation Package

National Economy Minister Márton Nagy presented a 16-point deregulation package drafted together with the Hungarian Tourism Agency at a press...

Green Energy

Grid Development Foundation for Energy Transition – Steiner

Developing resilient, sustainable electricity grids that are ready for the future is the foundation for the energy transition across the...

Politics

Magyar: Hungary Heading Towards ‘Demographic Disaster’

Hungary is heading towards a "demographic disaster" if nothing changes, the head of the opposition Tisza party Péter Magyar said...

Automotive

MG Market Share in Hungary Increases

MG Motor Hungary is sticking to its target of 3% market share for the British-origin, Chinese-owned car brand MG, the...

Transport

Payouts of EV Subsidies for Businesses Reach HUF 2 bln

More than HUF 2 billion of subsidies in a scheme to support businesses' purchases of electric vehicles has been paid...

Polls

NGO: Hungarians Increasingly Sympathetic to Jewish Community

While Hungarians have generally grown more sympathetic towards the Jewish community since Hamas's terrorist attack against Israel a year ago,...

Energy Trade

Hungary, Gazprom Sign Deal on Competitively-priced Gas

State-owned Hungarian energy group MVM and Russia's Gazprom have signed a supplementary commercial contract that will ensure the continued delivery...

Politics

Magyar Laments ‘Decades of Missed Opportunities’ Under Orbán, Gyurcsány

Addressing a debate in the European Parliament in Strasbourg on Wednesday, opposition Tisza Party MEP Péter Magyar said the premierships...

Transport

Vitézy Calls Extraordinary Budapest Assembly Meeting Over HÉV Service Cuts

Dávid Vitézy, a politician who works with the LMP-Greens in the Budapest assembly, has convened an extraordinary meeting of the...

Energy

Hungary Gas Consumption Falls

Gas consumption in Hungary reached about 5.5 billion cubic metres in January-September, state news wire MTI reports....

Int'l Relations

No Hungarian Casualties Reported in Krakow Shooting, Ministry Says

Hungary’s Foreign Ministry said Saturday evening that it had no information indicating any Hungarians were among the casualties of a...

Banking

OTP Says Exposure Limited as Paraguay’s Ueno Bank Enters Insolvency

OTP Bank said its USD 47 million investment in Paraguay’s Ueno Bank represents a small exposure for the Hungarian lender...

Domestic

Hungary Seizes HUF 1.5 bln in Pandemic Equipment Money Laundering Probe

Suspects were detained and HUF 1.5 bln in assets seized in raids targeting an alleged money laundering ring linked to...

Retail

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

No Hungarian Casualties Reported in Krakow Shooting, Ministry Says

Hungary’s Foreign Ministry said Saturday evening that it had no information indicating any Hungarians were among the casualties of a...

Budapest and UNICEF Hungary Partner to Involve Young People in Climate Planning

Budapest and UNICEF Hungary have signed a cooperation agreement to involve young people in urban sustainability planning. The new Cities...

OTP Says Exposure Limited as Paraguay’s Ueno Bank Enters Insolvency

OTP Bank said its USD 47 million investment in Paraguay’s Ueno Bank represents a small exposure for the Hungarian lender...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Magyar Telekom Q3 Profit Rises 7.5% as Revenue Grows

Magyar Telekom’s Q3 net income rose 7.5% year-on-year to HUF 59.5 bln, supported by similar revenue growth. The company reaffirmed...

Hungary Makes Christmas Eve a Public Holiday Starting in 2026

December 24 will become a public holiday in Hungary starting this year after Parliament unanimously approved a bill submitted by...

Parliament Elects Péter Fejes as Hungary’s Chief Public Prosecutor

Parliament elected Péter Fejes as Hungary's chief public prosecutor Tuesday, approving President András Baka's nominee with 139 votes in favor...

More Than 200 WWII Explosives Found at Budapest Construction Site

Bomb disposal specialists recovered more than 200 World War II explosive devices and fragments at a construction site on Üllői...

Hungary Considers Eurovision Return in 2027

Hungary is considering a return to the Eurovision Song Contest in 2027 after last competing in 2019. Public media said...

EP Vice President Welcomes Hungary’s Reforms, Says Concerns Remain

European Parliament Vice President Sophie Wilmès welcomed changes under way in Hungary since the April election, describing reforms as encouraging...

Hungary Proposes 15% Corporate Tax Rate for Large Companies

The government has submitted a bill that would raise Hungary's corporate tax rate from 9% to 15% for companies with...

Hungary Seizes HUF 1.5 bln in Pandemic Equipment Money Laundering Probe

Suspects were detained and HUF 1.5 bln in assets seized in raids targeting an alleged money laundering ring linked to...

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Hungarian Banks Seek Gradual Reduction in 45% Effective Tax Burden

Hungarian banks hope for a “slow but certain” reduction in their tax burden, Hungarian Banking Association President Radovan Jelasity said...