Hungary AM

Figures

Births Drop 10% in October, Deaths Down Nearly 7%

Preliminary data shows that the number of births in October fell 10% year-on-year to 5,979, while deaths declined by 6.8%...

Crops

Spring Frost, Drought Halves Apple Yield to 160,000 Tonnes

Spring frosts followed by drought are expected to reduce this year's apple harvest to 160,000 tonnes, half of last year's...

Energy Trade

Firm Gas Capacity Between Hungary, Slovakia to Rise in Dec. 2025

EUStream and Hungarian transmission system operator FGSZ will offer additional firm capacity at the Veľké Zlievce/Balassagyarmat interconnection point between Hungary...

Government

New Body to Oversee Private Healthcare Standards

The Ministry for National Economy has announced the creation of a body to ensure the delivery of high-quality healthcare services...

Analysis

Most Firms Say AI Cuts Costs, Speeds Decisions: SAP Hungary

A majority of corporate users are satisfied with AI, viewing its adoption as a worthwhile investment, with the most frequently...

Tech

GVH Probes Google Ads Over Phishing, Fake Bank Sites

The Hungarian Competition Authority (GVH) has launched a competition supervision procedure to investigate whether phishing sites were promoted through Google...

Transport

Wizz Air Cuts Aircraft Order to Focus on CEE Region

Wizz Air is selling three new Airbus A321neo passenger aircraft and has scaled back its order for long-range Airbus planes...

Transport

Gov’t Earmarks HUF 1 bln to Upgrade Roads Near Hungaroring

The government is allocating HUF 1 billion (EUR 2.6 million) to renovate 3.4 km of roads near the Hungaroring Formula...

Deals

4iG Signs 15-year Satellite Frequency Deal With Eutelsat for HUSAT Program

4iG Space and Defense Technologies (SDT) has signed a satellite orbit and frequency usage agreement with French satellite operator Eutelsat,...

Int'l Relations

Hungary Eyes HIMARS Purchase as U.S. Defense Ties Strengthen

The deepening relationship between Hungary and the U.S. is creating a strong foundation for expanded defense industry cooperation, including future...

Retail

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

Automotive

Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030

Budapest's City Assembly voted to reduce the parking discount for electric and hydrogen vehicles to 50%, keeping the benefit in...

EU

EU Grants Hungary 1‑year Exemption from Gas Market Rule

The EC approved Hungary's request for a temporary exemption from an EU gas‑market regulation at the Serbian border, allowing the...

Budapest Hotels Outperform Regional Rivals Despite Lower Guest Numbers

Budapest’s hotels delivered some of the strongest results in CEE, posting an 81.3% occupancy rate, and leading the region with...

Hungarian EV Market Continues to Grow, Leading CEE

Electromobility in Hungary continues to grow. In the first half of the year, 7,497 new all-electric passenger cars were registered,...

State and City to Renew Budapest’s Danube Waterfront

The gov't and Budapest will form a new 50–50 joint company to develop the Budapest section of the Danube, resolving...

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

18,000 Truck Drivers Near Retirement, Hungary Faces Shortage

Europe currently has more than 500,000 unfilled truck‑driver positions, and another 600,000 drivers are expected to reach retirement age in...

Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030

Budapest's City Assembly voted to reduce the parking discount for electric and hydrogen vehicles to 50%, keeping the benefit in...

EU Grants Hungary 1‑year Exemption from Gas Market Rule

The EC approved Hungary's request for a temporary exemption from an EU gas‑market regulation at the Serbian border, allowing the...

Budapest Office Supply Tightens, Vacancy Falls, Rents Flat

Budapest's office market is tightening, with the vacancy rate at 12.2% even as rental prices remain at EUR 25 per...

ÁKK: Euro Adoption May Cut Hungary’s Debt Costs by 50%

The Government Debt Management Agency (ÁKK) says Hungary could reduce its financing costs after adopting the euro, lowering annual interest...

Budapest to Raise Fare Evasion Penalties From Nov. 2

Budapest's public transport penalty fares will be raised by approximately 20–25% in several categories from November 2, daily newspaper Népszava...

Hungary to Formalize Gift of Lipizzaner Horses to King Charles III

Hungary will formally gift two Lipizzaner horses to the UK's King Charles III, resolving an ownership issue after the animals...

Varga Prioritizes Successful Euro Adoption Over Speed

Hungary should prioritize a successful transition to the euro over rapid adoption, MNB governor Mihály Varga said at the 64th...

Hungarian Homebuyers Secure Biggest Discounts in 2 Years

Homes in Hungary sold for an average of 6.4% below their final advertised asking price between June and August, the...

Hungarian Agricultural Concentration Accelerates, 35,000 Farms Disappear in 3 Years

Hungary's agricultural sector has undergone rapid consolidation, with the number of agrarian farms dropping by 41% over the past 10...

MVM Introduces Dynamic Electricity Tariff

From Sep. 1, households and microbusinesses under universal service can voluntarily switch to energy company MVM's new dynamic tariff, which...