In 1956, Prime Minister Imre Nagy asked for asylum and secured sanctuary in the embassy after the anti-Soviet revolution was crushed.

The embassy overlooks Andrássy Avenue and Heroes' Square, where the 1989 memorial service for the reburial of Nagy and others took place in front of a crowd of 250,000 people.

[4] During the ceremony marking the 50th anniversary of the Hungarian Revolution of 1956 in 2006, the President of Serbia, Boris Tadić, and the Prime Minister of Hungary Ferenc Gyurcsány, revealed a commemorative plaque placed at the entrance, dedicated to Imre Nagy.

[5] On 2 February 2025, a group of people gathered in front of the embassy building to pretest in solidarity with the 2024–2025 Serbian anti-corruption protests.

An unknown man inside the embassy gave middle finger to the protesters from the open window.