This is a sample edition of Hungary Around the Clock and is updated once every week. To view more recent articles, go to the Editor's Picks page.


State facial recognition contract far exceeds initial estimate
19th February, 2026
FaceKom, a technology company once majority-owned by the Central European Opportunity Private Equity Fund linked to Istvan Tiborcz, secured a far larger public contract than previously disclosed for developing facial recognition features for Hungary’s digital citizenship mobile app, 444 reports.
State debt-GDP ratio rises to 74.9%
19th February, 2026
The state debt stood at 74.9% of GDP at the end of 2025, up 1.4 percentage points from 2024, the second consecutive annual increase, according to financial accounts data published by the MNB on Wednesday.
Masterplast scraps rock wool project
19th February, 2026
Masterplast announced on Tuesday that it will abandon plans to build a rock wool plant and halt production at its expanded polystyrene (EPS) factory in Italy, opened just two and a half years ago.
Fatal accident at site of BYD plant
19th February, 2026
A worker died on Saturday at the construction site of BYD’s new EV factory in Szeged, local outlet Szegeder reported.

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