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MOL Q1 Profit Falls

First-quarter net income of Hungarian oil and gas company MOL fell 42% year-on-year to HUF 96.6 billion, an earnings report released ahead of the opening bell on Friday shows.

bbj.hu

Hungary Inflation Edges up to 3.7% in April

Consumer prices in Hungary were 3.7% higher on average in April 2024 than a year earlier, according to data by KSH. Compared to March, prices were up by 0.7% on average, with motor…

bbj.hu

Hungary’s Economic Resilience vs. Romania’s Challenges

Minister for National Economy Márton Nagy, responded to reports suggesting Romania has economically overtaken Hungary. He argues that while Romania’s GDP per capita may have caught up with Hungary’s by 2023, it…

hungarytoday.hu

Debrecen gets a real instrumental rarity

This year, the Con Spirito Church Music Festival will take place between 19 and 26 May, offering a fantastic program of events for the music-loving public. The name of the festival, “Con…

debrecensun.hu

Government Introduces New Measure to Help Farmers

A government decree has been published stating that from May 1, 2024 the refundable tax on diesel used in agriculture rises to 90 percent. “As promised, the Hungarian government has decided to…

hungarytoday.hu

2024 to Be a Record Year in Hungarian Tourism

In the first 3 months of the year, accommodation recorded 7.1 million overnight stays, up 14% on the same quarter last year, writes Turizmus.com. According to the National Tourism Data Supply Center,…

hungarytoday.hu

A Complete Transformation of the Defense Forces on the Horizon

The Hungarian Defense Forces are undergoing a complete transformation. A 21st century, NATO-compatible, world-class military force is being built in terms of military technology, in which a change of culture and attitude…

hungarytoday.hu