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Budapest: The Next Hotspot for Israeli Investors?

The Metrodome Group, active in the Budapest real estate market since 1996, is opening its first representative office in Israel to offer investment opportunities in the Hungarian capital to Israeli investors. Among the many positive arguments in favour of Budapest,…
A Stadler FLIRT train on the Southern train bridge over the Danube in Budapest on 19 May 2023.

Stadler Partners with GYSEV to Introduce FLIRT Intercity Trains in Hungary

The signed contract consists of a basic order for nine vehicles and options for up to four additional vehicles. GYSEV has three months from the contract’s start to decide how many option trains to order from Stadler….

EU Parliament Takes Action to Safeguard Consumers from Energy Market Manipulation

The adopted amendments to the Regulation on Wholesale Energy Market Integrity and Transparency, designed to respond to the energy crisis, cover new trading practices such as algorithmic trading and strengthen reporting and monitoring requirements to protect consumers from market abuse….
Rippl-Rónai’s artwork at the opening of the 6th Art and Antique Fair at the Budapest Bálna on 28 February 2024

Art and Antique Fair Showcasing Cultural Treasures Opens in Budapest

The fair, which runs until Sunday, features about forty classical and contemporary galleries, auction houses, and thousands of artworks, including paintings, sculptures, jewellery, unique carpets, furniture, and antique books….

CSOK Plus Draws Strong Response in Inaugural Month with Over 1,000 Applications

In Hungary, people traditionally think in terms of owning their own homes, which not only provides predictability but also financial security for the next generation….

Art and Antique Exhibition Features Renowned Artists and Hungarian Artistic Heritage

The event also hosts an online charity auction, with proceeds this year benefiting the Opera House Ballet Students Foundation….

Hungarian Post Issues Year of the Dragon Stamp

The Hungarian Post issued its eleventh stamp series featuring motifs from the Chinese horoscope, celebrating the upcoming Year of the Dragon, which commences on 10 February….

Preliminary Sales Agreement for the Szeged BYD Car Plant Signed

László Botka, the mayor of Szeged, called the signing historically significant for both the city and Hungarian economic history. He welcomed the close cooperation between the Szeged local government and the government on the matter, saying that the common goal…

Chinese BYD Plant to Start Production by Second Half of 2025

According to press reports, BYD Auto Hungary has been registered with a capital of approximately HUF 192 billion, which is twice the annual budget of the city of Szeged, where the Chinese auto giant’s new plant is scheduled to begin…

Electromobility and Luxury Dominate Mercedes-Benz Sales in Hungary in 2023

According to a statement released by Mercedes-Benz on Tuesday, a total of 4,419 Mercedes-Benz cars were registered in Hungary in 2023. Notably, a quarter of these models (639 units) were produced in Kecskemét, with the CLA (314 units), the A-Class…

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