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Ratings

Moody’s Affirms Budapest’s ‘Baa3’ Rating

Moody's Ratings has affirmed the "Baa3" local and foreign currency long-term issuer ratings of the city of Budapest with a...

Fintech

Baranya County Police Bust Phishing Gang

The police in Baranya County dismantled a criminal organization specializing in obtaining bank card data, fraud and money laundering, with...

Green Energy

Hungary Aims to Double Geothermal Utilization by 2030

Hungary aims to double the amount of geothermal energy it uses by 2030, the Ministry of Energy Affairs said in...

HR

1/3 of White-collar Employees Work From Home 1-2 Days/Week

More than a third of Hungarian white-collar workers work from home for at least one or two days, according to...

Tourism

Gastrotourism Alive and Well in Hungary

Gastrotourism is alive and well in Hungary, as more people are coming to the country to get to know the...

HR

120,000 Guest Workers Employed in Hungary

Around 120,000 guest workers are employed in Hungary at present, State Secretary for Employment Sándor Czomba said in a statement...

HR

AmCham Looking for Healthcare Committee Chair

The American Chamber of Commerce in Hungary is calling for nominations for its healthcare committee chair position. The chairperson leads...

HR

2/3 of Hungarians Have Basic Expectation of Home Office

According to nearly two-thirds of Hungarian employees, working from home is a basic expectation in those areas where it is...

Transport

Uber to Return to Hungary at Beginning of Summer

The official approval process for the operation of the Uber taxi company in Hungary has been completed, and the service...

Residential

25,000 Apartments Being Built in Budapest

About 25,000 new apartments are being built in Budapest, according to a March housing market survey from Otthon Centrum....

Residential

Real Estate Continues to Strengthen in March

The real estate market continued to strengthen in March; the domestic market closed with 30,154 transactions in the first quarter,...

Government

Gov’t Considering Fuel Price Intervention

Hungary's government will consider whether to enforce lower fuel prices after a review by the Central Statistical Office (KSH) of...

Transport

Spring Maintenance Continuing on Railway Line to Austria

Spring maintenance will continue on the railway line linking Budapest to Austria, Hungarian State Railways (MÁV) said in a press...

Crops

Agriculture Ministry Committed to Sustainable Viticulture

The Ministry of Agriculture is committed to ensuring that grape growing in Hungary has as little environmental impact as possible...

Elections

Péter Magyar to Run in EP Elections With Tisza Party

Péter Magyar confirmed that he would be running for the European Parliament elections on June 9 with the Respect and...

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...