Hungary AM

Interview

MNB base rate remains on hold

The National Bank of Hungary's (MNB) Monetary Council decided at a meeting held yesterday that it would keep the central...

Pharma

Edelmann builds HUF 4.5 bln production hall in western Hungary

German printing company Edelmann laid the cornerstone of a HUF 4.5 bln production hall in Zalaegerszeg in western Hungary on...

Int'l Relations

Gazprom, Turkey agree to route of new gas pipeline

Gazprom Chairman Alexei Miller and Turkey's Minister of Energy and Natural resources Taner Yildiz discussed the route of a new...

Competition

Anti-government demo organizers could expect more NAV investigations

So far nothing irregular has been found by NAV regarding the anti-government demonstration organizers, István Tényi wrote Hungarian news portal...

Sights

New deputy CEO to join MKB Bank in February

Márk Hetényi, the deputy chairman and CEO of the Hungarian unit of Flextronics International, will assume the post of deputy...

Telco

Rába wins HUF 5 bln tender to supply chassis for fire engines

Rába Vehicle affiliated with the Hungarian state-owned company Rába Automotive Holding won a HUF 5 bln open tender to supply...

Int'l Relations

Szijjártó discusses energy, economic cooperation with Turkey

Hungarian Foreign Minister Péter Szijjártó discussed energy, business cooperation, and shared efforts to manage global challenges, with Turkey's Prime Minister...

Analysis

Nielsen: Consumer confidence declining

Consumer confidence declined slightly in Hungary in the fourth quarter of 2014 compared to the third quarter, a gauge by...

Conferences

Balog: Fostered worker program creates ‘indescribable changes in family’s standard of living’

The government has reached 50,000 Roma families with the fostered worker program where the head of family, typically between 35-40...

Banking

RTL Klub chief executive receives threats of violence

Hungary's leading TV channel, RTL Klub’s director has decided to move his family out of the country after receiving threats...

Telco

Bourse suspends trade in Enefi at issuer’s request

The Budapest Stock Exchange (BSE) said it suspended trade in the shares and bonds of energy service provider Enefi at...

Telco

Private pension fund yields up in 2014

Most private pension funds outperformed fixed-income assets in 2014, a study published on Sunday by azenpenzem.hu revealed....

Food

GMO-free milk, meat and eggs to be produced in Hungary

Hungary has plans in place to produce GMO-free milk, meat and eggs, and has already made the initial steps required...

Visits

University of Szeged could withdraw Merkel’s honorary degree

The University of Szeged is considering withdrawing Merkel’s honorary doctorate degree if she does not make time to accept the...

Telco

2014 government deficit reaches 71.7% of target

Hungary's cashflow-based general government balance, excluding local councils, came to HUF 825.7 bln for 2014, at 71.7% of the full-year...

Green Energy

Battery Storage Fleet Delivers Up to 1,000 MW to Support Evening Power Demand

Hungary’s rapidly expanding battery storage fleet is becoming a critical tool for balancing the power grid, shifting cheap daytime electricity...

Figures

NAV Opens Online Access to 2025 Tax Return Platform

The National Tax and Customs Administration (NAV) will again prepare draft income tax returns for 2025, but individuals wishing to...

HR

Tesco Surpasses Lidl in Headcount Amid Seasonal Hiring Boost

Tesco added over 700 employees from May to June, reclaiming its lead over Lidl in staff numbers, according to a...

Recycling

Recyclable Waste Volume Doubled in 2023 at Waste Yards, Says MOHU

Hungarians handed in more than twice as much recyclable waste at collection yards last year compared to 2022, according to...

Manufacturing

Industrial Output Falls 2.6% in May Despite Auto Sector Growth

Hungary's industrial production declined by approximately 2.6% year-on-year in May, the Central Statistical Office (KSH) confirmed in a second reading...

Telco

4iG Launches HuSat Satellite Program

Listed ICT company 4iG yesterday announced the launch of its HuSat satellite program, the largest to be privately funded in...

Crops

Farmers Growing Nuts on 9,200 Hectares

Hungarian farmers are growing nuts on around 9,200 hectares, up from 6,000 a decade ago....

City

Renaming of Street for Gyula Horn Nixed by Court

The renaming of a street in Budapest after former Socialist Prime Minister Gyula Horn was unlawful, the capital city's government...

Travel

Wizz Air ‘All You Can Fly’ Passes Sell out

Wizz Air sold out all of its 'All You Can Fly' passes....

Innovation

Digital Preparedness Indispensable for High Added-value Jobs

Digital preparedness is mostly indispensable for high added-value jobs, so the economic catch-up depends on it, economic research institute GKI...

Manufacturing

Rheinmetall Q2 Profits up 111%

Rheinmetall AG, Germany's largest arms manufacturer, posted a 111% jump in second-quarter profits, thanks to an increase in the sale...

Crops

Arable Crop Expectations Amended for July

The July analysis of the European Commission's Joint Research Center (JRC) on arable crops based on meteorological and satellite data...

TI Hungary: Private Equity Funds Still Opaque Despite Stricter Rules

Transparency International Hungary found that despite tighter regulations, ownership of Hungarian private equity funds remains opaque, with major gaps in...

Battery Storage Fleet Delivers Up to 1,000 MW to Support Evening Power Demand

Hungary’s rapidly expanding battery storage fleet is becoming a critical tool for balancing the power grid, shifting cheap daytime electricity...

Fitch Warns Tisza Gov’t Must Deliver Credible Fiscal Strategy

Fitch Ratings says Hungary's new government will face serious challenges, including weak growth, and rising public debt, even as the...

Panel Prices Surge as University Cities Catch Budapest

A new analysis by DH Group shows that Hungary's panel‑housing market continued to heat up in early 2026, with Budapest...

NAV Opens Online Access to 2025 Tax Return Platform

The National Tax and Customs Administration (NAV) will again prepare draft income tax returns for 2025, but individuals wishing to...

Tesco Surpasses Lidl in Headcount Amid Seasonal Hiring Boost

Tesco added over 700 employees from May to June, reclaiming its lead over Lidl in staff numbers, according to a...

Recyclable Waste Volume Doubled in 2023 at Waste Yards, Says MOHU

Hungarians handed in more than twice as much recyclable waste at collection yards last year compared to 2022, according to...

Industrial Output Falls 2.6% in May Despite Auto Sector Growth

Hungary's industrial production declined by approximately 2.6% year-on-year in May, the Central Statistical Office (KSH) confirmed in a second reading...

4iG Launches HuSat Satellite Program

Listed ICT company 4iG yesterday announced the launch of its HuSat satellite program, the largest to be privately funded in...

Farmers Growing Nuts on 9,200 Hectares

Hungarian farmers are growing nuts on around 9,200 hectares, up from 6,000 a decade ago....

Renaming of Street for Gyula Horn Nixed by Court

The renaming of a street in Budapest after former Socialist Prime Minister Gyula Horn was unlawful, the capital city's government...

Wizz Air ‘All You Can Fly’ Passes Sell out

Wizz Air sold out all of its 'All You Can Fly' passes....

Digital Preparedness Indispensable for High Added-value Jobs

Digital preparedness is mostly indispensable for high added-value jobs, so the economic catch-up depends on it, economic research institute GKI...

Rheinmetall Q2 Profits up 111%

Rheinmetall AG, Germany's largest arms manufacturer, posted a 111% jump in second-quarter profits, thanks to an increase in the sale...

Arable Crop Expectations Amended for July

The July analysis of the European Commission's Joint Research Center (JRC) on arable crops based on meteorological and satellite data...