Articles by author (MTI-Hungary Today):

OTP Bank’s Profit Exceeds Expectations

In the second quarter of this year, Budapest-based OTP Bank achieved a consolidated adjusted profit after tax of HUF 267.930...

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Paris 2024: Gold and Bronze Medals in Open Water Swimming

Kristóf Rasovszky and Dávid Betlehem won gold and bronze medals respectively in the open water swimming competition at the Paris...

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July Budgetary Surplus Marks Significant Improvement in Public Finances

The Government is enhancing public finances despite external challenges, showing notable progress in budget management and fiscal balance. According to...

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MOL Group Reports Robust Q2 Financial Results Amid Market Pressures

MOL Group reported a strong financial performance in the second quarter of the year, with adjusted EBITDA reaching USD 825M,...

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Dávid Losonczi Suffers Surprise Defeat in Wrestling Bronze Medal Match

Dávid Losonczi, wrestler in the 87kg category, surprisingly lost to his Danish opponent on Thursday evening, thus finishing fifth at...

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Women’s K4 Win Bronze Medal in Paris

Alida Dóra Gazsó, Tamara Csipes, Sára Fojt and Noémi Pupp (L-R) The Hungarian women's kayak quartet won the bronze medal...

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Food and Service Prices Rise as Energy Costs Fall

In July, consumer prices were on average 4.1 percent higher than a year earlier, as reported by the Hungarian Central...

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Dávid Losonczi Wrestles for Bronze Medal at the Olympics Today

Dávid Losonczi, wrestler in the 87kg category, lost 3-1 in the semi-finals against his Bulgarian opponent and will compete for...

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Hungarian Firefighters Continue to Tackle Wildfires in North Macedonia

A firefighting team from the National Directorate General for Disaster Management, offered by the government, has been working in a...

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Inflation Remains Steady in July, Economic Outlook is Positive

In July 2024, the inflation was 4.1 percent annually, matching market expectations and remaining low, according to the Hungarian Central...

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Hungarian Satellite Successfully Completes Its Mission

The Hungarian CubeSat satellite, called VIREO (Virtual Intelligence Realization for Earth Observation), launched last April, successfully completed its mission on...

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Telekom Reports Record Revenue Surge and Profit Growth for Q2 2024

Magyar Telekom reported a significant surge in revenues and profits for the second quarter of 2024. Net profit after tax...

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Turkmen Cultural Days Celebrating Shared Heritage

The cultural heritage of Turkmenistan is being showcased for the first time in Hungary through the Turkmen Cultural Days at...

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Parliamentary State Secretary in Talks on Improving Hungarian-US Relations

Levente Magyar, Parliamentary State Secretary at the Ministry of Foreign Affairs and Trade, discussed the prospects for Hungarian-American relations with...

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BYD Moves to the Forefront in the Hungarian Car Market

China's BYD is rapidly increasing its presence in the Hungarian new car market. After its launch in Hungary in October...

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Men’s Water Polo Team Reaches Olympic Semi-Finals in Tight Match

Men's water polo team triumphed over Italy 12-10 in penalties during the quarter-finals of the Paris Olympics, securing a spot...

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Air Passenger Compensation for Recent Long Delays Finally Begins

In order to enforce the rights of passengers, the Government Office of the Capital City Budapest launched consumer protection authority...

Effective Minimum Wage in Hungary among the EU Average

The Hungarian effective minimum wage is in the midfield in the European Union, the Ministry for National Economy announced. According...

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UEFA Euro Goal Scorer Kevin Csoboth to Continue his Career in Switzerland

Hungarian national football team striker Kevin Csoboth will continue his career in FC St. Gallen, Switzerland. According to the club's...

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ELTE Researchers Develop Social Robots to Assist Elderly People

Researchers from Eötvös Loránd University (ELTE) are working in an international collaboration to develop a fleet of social robots. Their...

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