Hungary AM

Competition

Volánbusz to cooperate with China’s Ningbo CSR

State-owned Hungarian bus company Volánbusz and Chinese public transport development company Ningbo CSR have signed a cooperation agreement on the...

Telco

Hotel Füred undergoes HUF 3.8 bln renovation

The Hotel Füred in Balatonfüred, on the shores of Hungary's largest lake, launched a HUF 3.8 bln renovation on Tuesday,...

Telco

Salgglas winds up HUF 1 bln expansion

Hungarian glass maker Salgglas launched a HUF 1 bln expansion in line with the plans, Budapest news agency MTI reported...

Telco

HUF 3.1 bln tobacco plant opens in Debrecen

Hungarian tobacco company Róna Dohányfeldolgozó Kft. inaugurated a HUF 3.1 bln plant in Debrecen in eastern Hungary on Tuesday, Hungarian...

Ratings

Hungary could regain investment grade in 2015

Hungary “seems to have a good chance” of being upgraded back to investment grade by credit rating agencies next year,...

Sights

Hungarian Film Week returns

Hungarian Film Week, a festival of Hungarian cinema, is set to return to the capital on October 13. The film...

Government

Tibor Navracsics rejected by EU CULT committee

Tibor Navracsics will not be nominated as commissioner of education, culture, youth and citizenship of the European Committee, according to...

Food

Salary gap at 2,500%

Income inequality in Hungary is on the rise as the salary gap between top executives and lowest-paid employees can be...

Initiatives

Gov’t inviting EU tenders before final OK

The Hungarian government is expected to invite tenders worth HUF 500 bln-HUF 1 trillion for the 2014-2020 European Union funding...

Telco

Norbi Update IPO closes

The initial public offering of shares of Norbi Update Lowcarb, a Hungarian company that runs a lifestyle and nutrition franchise...

Food

Goldman Sachs: CPI positive by 2015

London-based economists from Goldman Sachs are expecting Hungarian CPI to drop 0.3% in September year-on-year primarily due to continued decrease...

MNB

Low inflation may delay MNB rate hikes to 2016

Hungary's very tame CPI dynamics may prompt the central bank to delay its monetary tightening to 2016, London-based emerging markets...

Conferences

Hungarian firm wins EU enterprise award

Hungary's gazdagmami.hu, which encourages business start-ups by mothers with young children, has been named the grand jury prize-winner in this...

MNB

Áder signs law on FX loan repayments

Less than two weeks after the bill was passed by Parliament regarding banks having to settle with their clients the...

Interview

Gov’t: Centralized PR office starts operations

A central communications office called the National Communication Office will carry out communications-related procurement for a wide spectrum of state...

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...