Hungary AM

Party Popularity

Fidesz’s popularity continues to decline

Fidesz lost 2pp of its support base after a sharp, 10pp drop in the last two months of 2014, amounting...

MNB

Expiring long-term debt cuts Hungary’s short-term external debt in Q3

The expiration of long-term debts was the main factor behind a large drop of Hungary's gross short-term external debt in...

Analysis

London analysts put December CPI at negative 0.4%

Hungary's consumer price index probably edged down by 0.4% year-on-year in December, according to the average estimate of London analysts...

MNB

Morgan Stanley recommends buying long-term Hungarian USD bonds

Morgan Stanley analysts believe that the 25-year long Hungarian U.S dollar bond has upside potential at moderate risk, as Hungary...

Deals

MOL set to buy remaining TVK shares

Hungarian oil and gas company MOL made a voluntary public tender offer on petrochemical works TVK yesterday, the company announced...

Energy Trade

MOL to measure carbon-oxide reserves in the Szeged region

MOL has acquired the mining concession of an area near Szeged and plans to spend HUF 5.6 bln over the...

Telco

Magyarmet Finomöntöde completes HUF 208 mln investment

Metal casting company Magyarmet Finomöntöde has announced the completion of a HUF 208 mln technology and capacity expansion at its...

Telco

MVM wins tender to transform heating plant to biomass fuel

MVM OVIT, a unit of state-owned Hungarian electricity works MVM, the only bidder, won a tender to convert the heating...

Analysis

Ombudsman aims to cancel levy on solar panels

The ombudsman for future generations said on Monday he would initiate an amendment to the law regulating environmental product fees...

In Hungary

OTP withdraws bid to purchase FM Bank

OTP Bank has withdrawn its bid to buy Poland's FM Bank from private equity firm Abris Capital Partners, Reuters reported...

Awards

MNB to limit banks’ operation if business model deemed ‘unsustainable’

A new department has been created in the Financial Institutions’ Supervision directorate of the National Bank of Hungary (MNB), to...

Retail

Erzsébet vouchers’ turnover reaches HUF 141 bln in 2014

Turnover of Erzsébet food vouchers exceeded HUF 141 bln last year, up from HUF 127.6 bln in 2013 and HUF...

Visits

Orbán makes unofficial stopover during trip to Paris

Orbán traveled to Paris this weekend to participate in the memorial march for the terror victims and was transported to...

Telco

Jánosik targets revenue in excess of HUF 9 bln in 2015

Jánosik és Társa Kft., a Hungarian company which provides commercial cleaning, superintendent and construction services, expects revenue of more than...

Analysis

Environmental investments decline in Hungary

Hungarian companies spent HUF 127 bln on environmental investments in 2013, down from HUF 138 bln in 2012 and HUF...

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...