Euro Hungarian forint exchange rate and key currency summary – 15 September 2025

The exchange rate of the Hungarian forint changed little by Monday morning compared to Friday afternoon’s quote in international foreign exchange trading. Hungarian forint remains strong According to the Hungarian News Agency, the euro was quoted...

Taking a Flexible Approach to Market and Portfolio

At first glance, that sale might seem surprising. As Gereben acknowledges, the hotel sector has produced a “fantastic performance” post-COVID and remains a popular investment choice. However, in the case of the Budapest Marriott and its sister...

US Dollar Holds the Line as Central Banks Crowd the Stage

The US dollar opened the Asian week like a ship steady at anchor, drifting directionless but not without purpose, as traders brace for a storm of central bank meetings that will shape the market’s compass heading. Against the majors, the greenback...

ING Bank Hungary Appoints Zsófia Németh as Head of Human Resources

With more than 15 years of experience in human resources and organizational development, Zsófia Németh brings a strong track record of leading transformational change across finance, biotechnology, FMCG, and data science sectors. She joined ING...

Hungary’s Construction Output Rises 4.9% Year-on-year in July

Both main construction groups posted gains. Building construction grew 5.7% year-on-year, while civil engineering output rose 4.7%. Within the industry, the construction of buildings jumped 46.1% and civil engineering advanced 12.5%, while...

MÁV Group CEO addresses derailment - How bad is the situation in Hungary?

Economy 15 September 2025, 3:05pm In his post, he emphasised that further findings required detailed investigation and ordered an immediate investigation. Zsolt Hegyi emphasised that the MÁV Group treats derailment accidents very seriously, and...

How Foreigners with Permanent Residence Can Get Government-Subsidized Housing Loans in Hungary

Do you have permanent residence in Hungary? You may qualify for state-backed housing loans and subsidies on the same terms as Hungarian citizens. In this guide, we’ll break down two key programs: Otthon Start and CSOK Plusz — covering eligibility,...

Document reveals Mészáros company as general contractor of Orbán family estate

Átlátszó uncovered a document that reveals Mészáros Lőrinc’s family company, Fejér-B.Á.L. being the general contractor constructing the opulent Orbán family estate at Hatvanpuszta. The document also shows a subcontractor who pleaded guilty in a...

Liszt Festival in Budapest Blends Local, International, Classical, Contemporary & Community Events

The fifth Liszt Fest International Cultural Festival will once again take centre stage in Budapest this autumn, bringing together leading figures from classical and contemporary music while also embracing cross-genre collaborations and a wide...

Unity or Uniformity? Hungary Challenges EU’s Path on Enlargement and Centralization

Two decades after its accession, Hungary continues to reflect on the impact of EU membership. A Monday event organized by the Oeconomus Foundation and hosted by the Egmont Foundation at Brussels’ Egmont Palace brought together diplomats,...

Romanian car rental company Klass Wagen launches Autozentrum brand, opens first subsidiary in Germany

Romanian car rental company Klass Wagen said that it launched the Autozentrum brand and opened its first subsidiary in Germany, becoming the first Romanian company to sell used cars on the German market. The move marks the beginning of the Klass...

Here's Where to Find New Tesla V4 Superchargers in Hungary

Tesla has finished building its first V4 Supercharger station in Pécs, though a technical issue is delaying its launch by a few days, Villanyautósok.hu reported. The new chargers, equipped with longer cables, make it easier for non-Tesla drivers...

The Music Of Ludovico Einaudi Tribute Eiffel House Budapest 15 November

Einaudi is known for his simple yet hauntingly beautiful minimalist piano works and his remarkable film scores. Over nearly three decades, he has released numerous albums that have topped the charts, performed to sold-out audiences in some of the...

US, Europe keep billions in trade ties with Russia despite sanctions

U.S. President Donald Trump on Saturday said new energy sanctions against Russia were possible, but only if all NATO members also stopped buying Russian oil and adopted similar measures. More than three years after Russia launched its full-scale...

Hungary Shines with Record Medal Haul at Europe’s Biggest Skills Contest

Hungarian competitors achieved a historic success at EuroSkills Herning 2025, Europe’s largest vocational championship, winning four gold, two silver, and five bronze medals. The Hungarian Chamber of Commerce and Industry (MKIK) announced the...

Foreign corporate revenues and taxes in Russia remain substantial as exits stall

6Three and a half years after Russia’s full-scale invasion of Ukraine, most international companies that were active in the country at the start of 2022 are still there. Of the 4,177 foreign firms tracked by the Kyiv School of Economics (KSE),...

Kerala, EU to host Blue Economy Conclave from Sep 18 onwards

Thiruvananthapuram, Sep 15 (UNI) Kerala, in partnership with the European Union, will host a two-day Blue Economy Conclave from September 18 onwards, bringing together leading experts, policymakers, and industry stakeholders from India and Europe...

Hungarian opposition parties call for parliamentary investigation into child abuse allegations

Economy 15 September 2025, 10:02am In his interview with Válasz Online, child protection expert and former head of the Pest county Regional Child Protection Service (TEGYESZ) Gábor Kuslits revealed concerning conditions in children's homes,...

MOL, O&GD discover new oilfield near Budapest, Hungary

Hungarian oil and gas company MOL, in collaboration with O&GD, has discovered a new oilfield near the village of Galgahévíz, close to Budapest in Hungary. Located at a depth of 2,400m, the Galgahévíz-4 well is set to yield around 1,000 barrels of...

US and Europe do billions in trade with Russia despite sanctions

U.S. President Donald Trump said on Saturday that the United States was prepared to impose fresh energy sanctions on Russia, but only if all NATO nations ceased purchasing Russian oil and implemented similar measures, APA reports, citing Reuters....