Hungary AM

Museums

Falus: Don’t move gov’t into Buda Castle

Ferenc Falus, the candidate of the leftist parties for Budapest mayor in the upcoming municipal elections, said that, once elected,...

Crops

Ministers remember 1989 border-opening

Sándor Pintér, Hungary’s Interior Minister, and his Austrian counterpart Johanna Mikl-Leitner jointly commemorated the police’s role in opening the border...

Visits

PM envisions ‘modern conservativism’

Hungarians today do not follow any ideology, the prime minister said Sunday during an address in Debrecen, and “we reject...

Issues

OTP back in court to defend loan contracts

OTP Bank has re-submitted cases to court defending unilateral changes to loan contracts, chairman-CEO Sándor Csányi told MTI yesterday. The...

Int'l Relations

Szijjártó: Hungary gate to Europe for China

Hungary’s government aims to make the country the regional centre for Chinese companies doing business in Europe as well as...

Crops

Magyar Cukor to refine 100,000 tons of sugar

Magyar Cukor, owned by Austria's Agrana, expects to refine more than 100,000 tons of sugar this year, sales and marketing...

World

Orbán: NATO summit good news for Hungary

All decisions made at the NATO summit in Wales have greatly enhanced the military security of Hungary and Central Europe,...

Museums

Norbi to use Agassi as brand ambassador

Norbi Update Lowcarb, a Hungarian company that runs a lifestyle and nutrition franchise system, plans to spend €2 mln in...

Pharma

MOL 2nd in Deloitte’s Central Europe Top 500

Hungarian oil and gas company MOL remained in second place on the 2014 Deloitte Central Europe Top 500 ranking of...

Analysis

GDP grows 3.9% in Q2; best rate since 2006

Hungary's GDP grew 3.9% in the second quarter, lifted by strong performances in the manufacturing, construction and farm sectors, the...

Pharma

MSD inaugurates distribution center in Hungary

American drugmaker MSD inaugurated a regional distribution center on the outskirts of Budapest yesterday....

Recycling

RZBC to build HUF 31 bln citric acid plant in Hungary

China's RZBC group will build a HUF 31 bln citric acid plant in Kazincbarcika, government and company officials announced yesterday....

Telco

Cronus buys two hydraulic excavators

Hungarian construction company Cronus Tömegáru-Fuvarozó és Szolgáltató purchased two hydraulic excavators at a cost of HUF 350 mln, the company...

MNB

Analysts: Hungary’s growth may suffer from Ukraine crisis

Hungary's economy is set to struggle in the headwind stemming from the Ukraine crisis combined with a slowing eurozone, according...

Issues

Courts lease space in M3 Business Center

Various organizational units of the Budapest-Capital Regional Court have leased an area of almost 6,000 square metres in the M3...

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...