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Inflation Rises in October, Highest Since April

Hungary’s inflation rate reached 2.0 percent year-over-year in October, its highest level since April. Following a rate of 1.6 percent in September, the increase was in line with market expectations. While the government emphasizes the country’s continued favorable position compared to the rest of Europe, economists are warning of increasing risks in the coming year.…

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Pharmaceutical Giant Richter Beats Revenue and Profit Forecasts

Gedeon Richter Plc.’s consolidated revenue and net income exceeded expectations in the first nine months of the year, prompting the pharmaceutical company to raise its full-year guidance, the company said in a filing published on the Budapest Stock Exchange (BSE) website on Tuesday. Consolidated revenue rose 2.3% to HUF 695.9 billion (EUR 1.9 million /…

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Rubik’s Cube Production Returns to Hungary After More Than 40 Years

More than four decades after local production ended, the legendary Rubik’s Cube is once again being manufactured in Hungary. On Tuesday, a state-of-the-art, fully automated production line was launched at the Jász-Plasztik Kft. plastics processing plant in Jászberény. The symbolic start button was pressed by none other than the inventor himself, Hungarian architect and designer…

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Hungarian Pop Legend Visits Former English Teacher on Her 103rd Birthday

Hungarian singer Ákos shared news of a special birthday on his social media page. His former English teacher, Klári Török, turned 103, and the singer visited her in person to celebrate the milestone.  In his post, Ákos fondly remembered his former teacher, from whom he began taking English lessons fifty years ago. It was a…

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Exhibition Traces Five Decades of Urban Transformation in Vienna and Budapest

The Ringturm in Vienna An exhibition that opened in the Austrian capital on Tuesday explores more than five decades of development, transformation and shared historical milestones in Vienna and Budapest, from 1970 to the present day. Titled Global Cities: Vienna – Budapest Urban Spaces in Times of Change 1970 – 2026, the exhibition is free…

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