Hungary AM

Automotive

80,000-plus Vehicles With Green License Plates

According to the January 2024 data series, more than 88,000 EVs and hybrids are driving in Hungary with light green...

Tourism

Holidaymakers Planning to Travel Twice This Year

More than half of those wishing to vacation this year will travel at least twice for at least one night...

MNB

MNB Publishes Chinese-language Issue of Financial and Economic Review

The National Bank of Hungary (MNB) yesterday published a Chinese-language issue of the Financial and Economic Review containing a selection...

Analysis

600,000 Join Hungarian Interchurch Aid Advent Fundraiser

For the 28th time, the Hungarian Interchurch Aid held its Advent fundraiser last year, in which more than 600,000 people...

HR

Over HUF 460 bln in EU Funding to Boost Labor Market

More than HUF 460 billion of European Union funding is being allocated to mobilize Hungary's workforce reserves and raise the...

HR

Employees More Optimistic About Jobs

The trusting attitude of Hungarian employees was balanced and stable in 2023, and it is also a cause for confidence...

Residential

Rural Sublet Market Prices up 30% Last Year

A significant price increase can be seen in the rural sublet market, according to Otthon Centrum's analysis, as the average...

Residential

Veszprém County Home Prices Climbed 27% Last Year

Home prices in Veszprém County climbed 27% last year, faster than in any other county in Hungary, listed real estate...

Retail

Chinese Companies Dominating Domestic E-commerce Market

Temu and other Chinese e-commerce companies dominate the Hungarian and European markets, Norbert Madar, GKI Digital's senior consultant, said at...

Residential

Surge in Foreign Investors Expected in Real Estate Market

A surge of foreign investors may emerge in the Hungarian real estate market due to a new regulation, according to...

Transport

Waberer’s Closes Majority Stake on Petrolsped

Waberer's International closed the acquisition of a 51% stake in railway logistics company Petrolsped, the listed hauler said in a...

Tourism

MTÜ CEO: Most Important Task to Increase Guest Nights

Thanks to the large-scale developments, Hungarian tourism has been renewed, and the most critical task in the future is to...

Trade

Magosz, NAK ‘Firmly Oppose’ EC Action on Ukraine Trade Restrictions

Hungarian farmers association Magosz and the National Agriculture Chamber (NAK) said they were "firmly opposed" to the European Commission's proposal...

Trade

Trade Surplus at EUR 1.58 bln in November

Hungary's trade surplus reached EUR 1.58 billion in November, widening from EUR 1.003 bln in the previous month, the Central...

Logistics

Waberer’s Purchases 57,000 sqm Plot in Debrecen

Listed Hungarian hauler Waberer's International yesterday announced the purchase of a 57,000 sqm plot of land in an industrial zone...

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...