Hungary AM

Crops

Sió-Eckes expects 4-5% revenue increase

Hungarian juice maker Sió-Eckes expects a 4-5% revenue increase this year, sales director János Barna told MTI on Friday. Revenue...

MNB

Rogán: Banks must settle by end of Feb 2015

Banks in Hungary must settle with borrowers by the end of February in the case ofcontracts that the courts have...

Issues

Court rules against UniCredit

The Municipal Court of Budapest rejected UniCredit Ingatlanlízing's defense of changes it made to borrowers' contracts in an appealable ruling...

Deals

CIG Pannonia enters Italian market

CIG Pannonia Life Insurance's general-insurance unit, CIG Pannonia First Hungarian General Insurance, has started to offer special surety-type insurance for...

Sights

Suspension of contracts by state firms prolonged

A suspension of contracting by state-owned companies will not be lifted for at least another month, until an audit started...

Committee pushes BP bid for 2024 Olympics

The Hungarian Olympic Committee (MOB) wholeheartedly supports the idea of the city of Budapest submitting a bid to host the...

Deals

Three Hungarian institutes abroad to open in 2015

Three new Hungarian institutes, which promote country abroad, are scheduled to open next year, a government official said on Thursday....

Falus warns of pollution at Óbuda gas works

Environmental damage caused by soil pollution around the now defunct Óbuda gas works should be cleaned up, Ferenc Falus, the...

Telco

Household utility debt drops

Consumers behind with household bills owe a combined HUF 96.3 bln (€305 mln) to utility companies, as compared to HUF...

Sights

Jobbik spy case stuck in Brussels

A novel situation could emerge in the European Parliament in the case of Béla Kovács, the European lawmaker who belongs...

Issues

Stricter punishment for student assaults

Punishment for sexual assault committed at a school or university would be strengthened, under a proposal by, Human Resources Minister...

Issues

Erste loses contract changes defense case

The Municipal Court of Budapest rejected Erste Bank Hungary's defense of changes it made to borrowers' contracts in an appealable...

Int'l Relations

Hungary signs educational accord with Belarus

Péter Szijjártó, state secretary at the Hungarian foreign ministry, signed an agreement on higher education cooperation with Belarus ambassador to...

History

Hungarians join NATO rapid response force

Hungary will contribute troops to NATO’s rapid response force to be set up in connection with the Ukraine crisis, defence...

Issues

Satirical party finally approved in Hungary

The court registered the satirical Two-Tailed Dog Party (MKKP) shortly before the deadline to register candidates in the local elections,...

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...