Hungary AM

Green Energy

Hungary Needs Locally-produced Sustainable Energy

Due to Hungary's considerable energy exposure, it needs locally-produced and sustainable, environmentally-friendly energy, said State Secretary Attila Steiner of the...

Government

Cabinet Approves Farmer Support Measures

Minister of Agriculture István Nagy announced measures the government approved to support farmers at a regular government press briefing yesterday,...

Green Energy

Ukrainian, Hungarian Hydrogen Associations Sign MoU

The Ukrainian Hydrogen Council and Hungarian Hydrogen Technology Association have signed a memorandum of understanding on joint hydrogen projects, according...

Residential

Energia21 Members Welcome Gov’t Home Renovation Scheme

Members of Energia21, an initiative to accelerate the transition to a green economy, welcomed the recent announcement of a subsidy...

Analysis

Hungarians Believe Shop Operation Environmentally Unsustainable

Nationwide, a third of Hungarians (36%) and nearly half of Budapest residents (49%) do not consider the current operation of...

Energy Trade

Hungary Aims to Extend Shell LNG Deal

Minister of Foreign Affairs and Trade Petér Szijjárto provided an update on Hungary's commercial LNG agreement with global energy company...

Automotive

Green License Plate Registrations on the Rise in March

The number of vehicles with green license plates in Hungary reached a peak in March, the Ministry of Energy Affairs...

Analysis

Free Cash Withdrawal at Post Offices Planned

People will be able to withdraw up to HUF 150,000 from their bank account twice a month free of charge...

Manufacturing

Construction of New Mercedes Unit in on Schedule

The construction of the new Mercedes factory in Kecskemét is proceeding according to the original schedule, the Minister of Foreign...

Transport

MÁV Trialing Conductor-free Trains

The S76 trains between Pilisvörösvár and Rákos started operating without ticket inspectors on a pilot basis on April 7, leading...

Land

Great Hungarian Plain Soil Dryness at ‘Critical’ Level

The top 20 centimeters of the soil in the Great Hungarian Plain is critically dry, and precipitation is badly needed...

Innovation

E.ON Showcases Smart Meter Project

Utilities company E.ON Hungaria last week showcased a project to install more than 165,000 smart meters, according to a press...

Government

Hungary’s Economic Growth Conditional on Ukraine War Ending: Nagy

An end to the war in Ukraine is a condition for achieving Hungary's full economic growth potential, Minister of National...

Residential

Real Estate Market Strengthened in March

The real estate market continued to strengthen in March, according to data from Duna House....

Telco

Message Apps Eclipsing Traditional Telecom Devices

The continuous decline of traditional telecommunication devices is being observed year after year due to the proliferation of message applications,...

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...