Hungary AM

Residential

Housing Market Starts Year With Price Increase

The capital's housing market started the year with a price increase, in the first two months the average square meter...

Banking

Eximbank Balance Sheet Climbs 70% 

The balance sheet of Magyar Eximbank climbed 70% last year, CEO Kornel Kisgergely said at the Exim Awards ceremony, according...

Figures

MOL Board Proposing HUF 250/Share Dividend

The board of MOL will propose payment of a total dividend of around HUF 250 per share to shareholders at...

Crops

Agriculture Industry Optimistic With EU Rural Development Program

Hungarian agriculture and the food industry are characterized by an optimistic mood with the launch of the European Union's Rural...

Deals

Metropolitan Uni, Giro Sign Cooperation Agreement 

The professional relationship between Budapest Metropolitan University (METU) and Giro Zrt., which provides intra-bank transfer services, has been strengthened through...

Analysis

Nearly 100,000 New Home Insurance Policies Signed During Campaign

Hungarian homeowners have signed almost 100,000 new home insurance policies in the first half of a month-long campaign, National Bank...

Construction

Shortage in Construction Industry Workers Decreases

The shortage of professionals in the construction industry decreased further in February, according to the latest research from Mapei Kft.,...

Automotive

Audi Revenue up 8% Last Year

The revenue of the local unit of German automaker Audi rose 8% to EUR 9.102 billion last year, Audi Hungaria...

Banking

Revolut Irresolute About Opening Subsidiary in Hungary

Revolut has introduced several new features for its Hungarian customers in recent weeks, prompting business daily Világgazdaság to ask whether...

Trade

Domestic Freight Transport Decreased 7% Last Year

The total performance of domestic freight transport decreased by more than 7% last year as a result of international political...

Banking

Rate Freeze on SME Credit Ending April 1

A rate freeze on SME credit will end on April 1, as lending rates are expected to fall under the...

HR

Hungarians Working in Austria up 4% in February

Some 126,169 Hungarians were employed full-time in Austria last month, according to the latest figures from the Österreichische Sozialversicherung....

HR

Profession.hu Partnering With UNICEF on Women’s Workplace Rights

Four out of 10 women returning from maternity leave found themselves in a situation where their employer did not take...

Retail

Eggs 1/3 Cheaper This Easter

The price of eggs is expected to be about HUF 60 apiece around the Easter holiday, one-third cheaper than a...

MNB

Ratesetters Voted 7:2 for 100 bp Cut 

Members of the Monetary Council of the National Bank of Hungary (MNB) voted 7:2 for a 100-basis-point rate cut at...

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...