Hungary AM

Social

TikTok Algorithm Impresses and Alarms Hungarian Teens

TikTok's precise content recommendations impress but also concern many Hungarian teenagers, according to a recent study by the National Media...

Budapest

Budapest Launching Nighttime Metro, More 24-hr Bus Services

Budapest's public transport system will see significant upgrades to improve accessibility and convenience for residents and tourists, according to online...

Construction

Pre-emption Right Exercised for HUF 30.5 bln Rákosrendező Site

Budapest Közművek Nonprofit (BKM), owned by the Budapest municipal council, is the only entity to exercise pre-emption rights to purchase...

Construction

Efficiency the Top Challenge for Construction Industry in 2025

Improving efficiency is the biggest challenge facing Hungarian construction companies this year, according to an analysis published by professional association...

Green Energy

Residential Solar Panel Count to Exceed 300,000 in Coming Months

More than 21,000 homeowners have received an average of HUF 4.1 million in subsidies for solar panel and battery storage...

Land

100+ Farmers Offer Land for Water Retention Efforts

The Hungarian Government is prioritizing the preservation of natural resources, particularly water reserves, according to a post on the Ministry...

Retail

Gov’t Introducing VAT Refund Cards for Pensioners

Pensioners in Hungary are set to receive special cards to reclaim VAT on certain basic food products, Prime Minister Viktor...

Government

Tax Cuts for Mothers to Reduce Hungary’s Budget Revenue by HUF 40 bln in 2026

A recently announced personal income tax exemptions for mothers with children will reduce Hungary's central budget revenue by HUF 40...

Green Energy

Solar Power Hits Record Output as Peak Season Begins

Hungary's solar power production reached a new high on Saturday, with industrial solar systems generating 3,490 MW during the peak...

Energy Trade

Hungarian Gas Supplier Signs Deal to Prevent Crisis in Transnistria

A Hungarian gas supplier has signed a contract with Transnistria to avert a humanitarian crisis, Minister of Foreign Affairs and...

Crops

Irrigation Subsidies Could Boost Agricultural Income by HUF 100 bln

Irrigation development subsidies under the Common Agricultural Policy could enhance Hungary's crop production income by HUF 80 billion-100 bln annually,...

EU

Kata Tüttő Becomes 1st Hungarian to Lead EU Institution

Kata Tüttő, a Budapest city councilor from the opposition Socialist Party, has been elected president of the European Committee of...

Green Energy

Industrial Solar Plants Near Record Production Levels

Hungary's industrial solar power plants reached a peak quarter-hour output of 3,321 MW on Monday, positioning February 2025 as the...

Science

Hungary Leading Europe in Cancer-related Deaths

Hungary continues to lead Europe in cancer-related deaths, with mortality rates approximately 32% above the EU average, according to a...

Figures

External Factors Blamed for Increase in Railway Accidents in 2024

The Hungarian State Railways (MÁV) Group reported a rise in railway accidents in 2024 caused by factors beyond MÁV's control,...

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...