Hungary AM

Tourism

Easter Holiday Bookings Edge Higher

Bookings over the four-day Easter holiday rose 3% from a year earlier, the Hungarian Tourism Agency said on Thursday, according...

HR

Évosz: 30,000 Skilled Hungarians Working Across EU

The National Professional Association of Construction Contractors (Évosz) drew attention to the benefits of posting when working abroad in a...

Manufacturing

Industrial Producer Prices Fall 4.3% in February

The Producer Prices Index in Hungary dropped 4.3% year-on-year in February, falling for the seventh month in a row after...

Green Energy

Energy Ministry Requesting Citizen Input

Hungary's common cause is green energy, which is why the government is asking citizens' opinions online on 13 important issues,...

Weather

Several Heat Records Broken This Past Weekend

Several heat records were broken in Hungary on Saturday, the national weather service HungaroMet said on its website. A daytime...

Construction

Buyers Spent 7% More on Building a Home Than Last Year 

Buyers spent 7% more than last year, almost HUF 43 million, on building a home at the beginning of 2024,...

Crops

11,500 Tonnes of Horseradish Harvested in Hungary Last Year

Around 11,500 tonnes of horseradish was harvested in Hungary last year, the biggest producer of the condiment in the European...

Residential

Rent Subsidy Program Could Cleanse Sublet Market

The state rent subsidy programs starting in the spring can contribute to the cleaning of the sublet market, according to...

Analysis

Companies Less Pessimistic Than Last Year

Nearly half of respondents see the country's economic outlook as less favorable than the year prior, according to a survey...

Residential

Young People Primarily Buying Second-hand Homes

Second-hand homes, which are 20% cheaper than the national average price, are the favorite among the youngest age group present...

Power

HUPX Joining Serbian, Slovenian Peers in Adex

Hungarian power exchange operator HUPX is joining its Serbian and Slovenian peers in the Alpine-Adriatic Danube Power Exchange (Adex), aiming...

Retail

Spring Weather Raising Interest in Leisure Products

Interest in products related to leisure programs has picked up both in Hungary and in the countries of the region...

Innovation

Wizz Air Using VR for Pilot Training

Wizz Air is striving to be the first to use technology controlled by virtual reality in its pilot training, the...

MNB

MNB Signs Cooperation Agreement With NFRA

The National Bank of Hungary (MNB) has signed a cooperation agreement with China's National Financial Regulatory Administration (NFRA) on joint...

Analysis

Hungary’s Rivers’ Yields Dropped Over Past Decade

The water yields of Hungary's rivers show a decreasing trend in the last 10 years, compared to the previous 30...

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...