Hungary AM

Crops

Expected Plum Harvest Below Average Due to Spring Frost, Drought

Hungary's plum harvest is expected to be weaker than average this year, though it will still surpass volumes recorded in...

Transport

Wizz Air Passenger Numbers up 6.8% in July, Load Factor Dips

Wizz Air carried 6.35 million passengers in July 2025, marking a 6.8% year-on-yeary increase, the discount airline said in a...

Science

Hankó Touts Surge in University Rankings, Research, Enrollment

Minister of Culture and Innovation Balázs Hankó praised the transformation of Hungary's higher education system during a panel discussion at...

Figures

27% of Hungarians Unable to Save as Financial Pressure Mounts

A growing share of Hungarians are struggling financially, with 27.1% of the population now unable to save any portion of...

HR

Vocational Training Reform Introduces Microcertificates

Recent legislative changes will allow Hungary's vocational training system to adapt more swiftly to labor market demands through the introduction...

Telco

Families With Children Spend More on Communications Services

Households with children in Hungary spend more on communications services than those without, primarily due to higher usage levels, according...

Int'l Relations

4 Hungarian Gripens to Lead NATO Baltic Air Policing Mission

Hungary will take the lead in NATO's Baltic Air Policing mission for the fourth time starting Aug. 1, Deputy Chief...

Budapest

Keleti Station Closed for Renevation Aug. 25–Sep. 20

Keleti Railway Station will close from Aug. 25-Sep. 20 for the renovation and replacement of switches, tracks, and overhead lines,...

Crops

AgMin Urges Caution on Roads as Harvest Continues

With harvest season still in progress, drivers should expect increased traffic from large agricultural machinery on roads nationwide and exercise...

Banking

Erste Says Curia, EU Court Rulings Confirm Validity of Converted FX Loans

Erste Bank confirmed that its foreign currency loan contracts – since converted into forints – remain valid, citing the Curia's...

Crops

Wheat, Barley Harvest Well Underway, Bread Supply Secure, Says AgMin

Thanks to the efforts and dedication of farmers, Hungary's bread supply is secure, with the fall barley harvest completed and...

Construction

Mapei H1 Sales up 9.4%, Lifts Forecast on Home Start Optimism

Mapei Ltd. posted a 9.4% year-on-year increase in sales in the first half of 2025, prompting an upward revision of...

Crops

Water Retention Program Meets Annual Irrigation Needs

Hungary's "Water into the Landscape" program currently secures 178 million cubic meters of water for irrigation annually, effectively covering the...

City

Karácsony Urges Gov’t to Draft Rákosrendező Development Law

The Budapest metropolitan council is calling on the government to draft legislation for the Rákosrendező investment project, described as "the...

Pharma

Voluntary Medicine Price Restrictions Now in Effect

Voluntary price restrictions on a range of medicines took effect this Tuesday, according to a statement issued on the Ministry...

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...