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News
Investors Becoming More Selective as Markets Rebound
This marks a significant improvement on recent years and confirms that investor confidence is returning to the region. However, it is not yet seen as a broad-based recovery. "Capital is flowing selectively towards assets offering resilient income, strong
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Hungary Lifts Debt Issuance Plan to HUF 8.7 tln as Financing Needs Grow
ÁKK CEO Gergely Tardos told journalists on Monday that the agency had increased its net forint issuance plan to HUF 5.397 tln from HUF 2.903 tln, while raising its net foreign currency issuance target to HUF 3.32 tln from HUF 2.541 tln. Despite an unfavor
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Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030
According to specialist online electric mobility publication Villanyautósok, the city also postponed the introduction of double parking fees for cars heavier than 2 tonnes by one year, moving the start date to Jan. 1, 2028, after concerns that the rule wo
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Former Hungarian Ministers Seszták and Hankó Detained After Immunity Lifted
Both denied wrongdoing or challenged the proceedings against them. Seszták, a Christian Democratic People's Party (KDNP) MP who served as development minister between 2014 and 2018, was detained at the Central Chief Prosecutor's Office of Investigation (K
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Wallis Builds Next Growth Phase on Local Knowledge and Leadership
Wallis Group posted record revenue of HUF 912 billion in 2025, with more than 60% generated in foreign markets. BBJ: Beyond the headline figures, what were the most important drivers of 2025's growth, and how does that reflect Wallis Group's long-term inv
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Government Gives Green Light to M49 Extension to Romanian Border
Vitézy said the 45-kilometer dual carriageway would establish a direct high-speed road connection between the M3 motorway and the Romanian city of Satu Mare. The project also includes a new border crossing. The minister said the government had inherited a
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Nestlé Unveils Hungary's Largest Food Industry Investment in Bük
Nestlé has completed a HUF 193 bln expansion at its Purina pet food factory in Bük, adding three production units and an automated warehouse to bring potential annual capacity to 500,000 tonnes.
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Hungarian Parliament Rejects President's Nominee for Chief Prosecutor
Lawmakers voted against the nomination with 138 votes opposed, none in favor and one abstention. The previous chief prosecutor, Gábor Bálint Nagy, submitted his resignation on July 22, with his mandate ending on August 25. Baka announced last week that he
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ESG Elements Central to Investment and Financing
Buildings that are not ESG compliant are at risk of becoming obsolete. The more interesting question is the role ESG issues play in whether an investment deal goes forward. They are certainly a decisive factor in the availability of debt finance for a dev
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Hungarian Parliament Suspends PM Magyar's Immunity
The vote passed against the recommendation of the immunity committee. In his address to the session, Magyar asked lawmakers to suspend his immunity, saying he took responsibility for all his actions. The Chief Public Prosecutor's Office requested the susp
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