Hungary AM

Construction

Debrecen Developing Eastern Portion to Become Residential

Debrecen (225 km east of Budapest) mayor László Papp spoke about infrastructure development in the eastern part of the city...

Tourism

Hungarians Prioritizing Travel Over Renovations This Year

Home renovation is an important goal for many, but this year Hungarians would spend most of their money on travel,...

EU

EUR 6,000 in EU Funding Open to SMEs

Businesses can receive a maximum of EUR 6,000 (more than HUF 2 million) from the SME fund of the European...

EU

Hungary’s EU Presidency to be Pro-enlargement

Hungary's European Union presidency will be unmatched in terms of its advocacy for enlargement, Minister of Foreign Affairs and Trade...

Debt

Q4 State Debt Ratio at 73.5%

Hungary's state debt relative to GDP reached 73.5% at the end of the fourth quarter, according to preliminary data released...

Deals

TRP Hungary, Partners Acquire KymiRing Circuit in Finland

TRP Hungary has led a consortium of investors in acquiring the assets of the KymiRing racing circuit in Finland, the...

Energy Trade

Oil Association Head Expects Fuel Price Deceleration

The general secretary of the Hungarian Mineral Oil Association, Ottó Grád, expects the growth of fuel prices to slow down...

Construction

Preparations Begin for Rákosrendező Rehabilitation 

Around 65 parties using areas of the Rákosrendező train station and rail yard in the north of Budapest are being...

Analysis

Nagy Brushes off Threat of Inflation Return

Minister of National Economy Márton Nagy said Hungarians shouldn't anticipate a return of high inflation because the main factors behind...

Analysis

PwC: 47% of Execs Expect Revenue Growth in 2024

Around 47% of executives at Hungarian companies expect revenue growth in the coming 12 months, according to the annual Hungarian...

Figures

Applications for Gábor Baross Program Exceed HUF 200 bln

New applications submitted for subsidized corporate credit under the Gábor Baross Reindustrialization Program have exceeded the HUF 200 billion top-up...

Residential

National and Capital Real Estate Prices Diverge

National and capital real estate prices followed different paths in January, with housing prices decreasing minimally nationally, while a significant...

Innovation

Hungarian Innovation Grand Prix Receives 56 Applicants

The Hungarian Innovation Association announced that various Hungarian companies had submitted a total of 56 applications for the Hungarian Innovation...

Issues

Hungarians Wish to Keep Paper-based Education

Epson conducted internationally representative research to assess the transformation of our printing habits, including its role in education, reports profitline.hu....

Crops

Hungarians Continue Buying Flowers

Despite the rising prices, Hungarians are not giving up on buying flowers related to the spring holidays, according to the...

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...