Hungary AM

Recycling

Block 2 of Hungary’s Paks NPP licensed to operate until end-2034

Hungary’s National Atomic Energy Office (OAH) issued a license to extend the lifespan of the number 2 block of the...

Ratings

Moody’s sees improved, but still sluggish, mid-term outlook for Hungary

Hungary's medium-term economic growth prospects have improved, though they remain low, continue to lag behind those of regional peers and...

Deals

Bourse fines BTel for HUF 3 mln

The Budapest Stock Exchange yesterday said it fined Business Telecom (BTel) HUF 3 mln in connection with infractions related to...

Telco

Dutch Accell Group expands Hungary plant

Bicycle manufacturer Accell Hunland Kerékpárgyártó, part of the Dutch Accell Group has built a more than HUF 600 mln new...

Tourism

Number of registered job seekers falls y.o.y. rises m.o.m

There were 395,200 registered job seekers in Hungary at the end of October, up 3.9% from the end of September...

Sustainability

Yields on Hungary office transactions drop slightly

Investments on Hungary's real estate market totalled €158 mln in the third quarter, and yields on the office market slightly...

Energy Trade

Hungary cools Ukrainian hopes for gas supply

Hungary's National Development Minister played down Ukraine's hopes for a fast renewal of gas supplies, saying this country would not...

History

EBRD head decries national targets for bank sector ownership

The head of the European Bank for Reconstruction and Development (EBRD) opposed the idea of national targets for ownership of...

Telco

Insurance companies revenue rises, profit drops in year to Q3

Hungary's insurance sector had after-tax profit of HUF 4.9 bln on HUF 195.6 bln of revenue from premiums in the...

Initiatives

MOL and ING to settle share option agreement in cash, enter new one

Hungarian oil and gas company and Netherlands-based financial services company ING will cash-settle a share option agreement regarding 5,220,000 MOL...

Sights

Opposition: Hungary is in deep poverty

Hungary’s leftist opposition Democratic Coalition (DK) lawmaker Tibor Zaveczki said last Friday that the country is on the road to...

Deals

Hungary rejoins Moscow-based international banking group

The Council of the International Investment Bank (IIB) supported the renewal of Hungary's membership in the bank at its November...

Ratings

Fitch set to review Hungary sovereign rating

Hungary's sovereign debt ratings are scheduled to be reviewed by Fitch Ratings on Friday. European Union rules require rating agencies...

Deals

Debrecen airport operator, GYSEV plan freight-trains to major ports

Debrecen airport operator Xanga Group and Austrian-Hungarian railways GYSEV Cargo announced they will operate scheduled freight container trains from Debrecen...

Telco

Public media support fund has HUF 80.5 bln budget for 2015

Hungary's Media Support and Asset Management Fund (MTVA), whose assets and staff supply the output of Hungary's public media outlets,...

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...