Hungary AM

Figures

Majority Concerned by State Pension Dependence

A majority consider it important that they do not have financial difficulties in their old age, but they do not...

HR

3/4 of SMEs Not Raising Salaries

Some three-quarters of SMEs will not raise their salaries, according to a survey by the Association of Entrepreneurs and Employers,...

HR

MÁV-Volán Reaches Wage Agreement With Rail Workers

State-owned rail and bus group MÁV-Volán reached an agreement with railway workers unions yesterday that will raise average remuneration by...

Deals

Budapest, Central Gov’t Reach Agreement on Travel Passes

Mayor of Budapest Gergely Karácsony and Minister of Construction and Transport János Lázár reached an agreement on reciprocal use of...

Science

Pécs Uni Develops Long COVID Prediction Model

The data from recently concluded research on the coronavirus makes it possible to predict severe conditions caused by the infection,...

Telco

Consumers Buying Fewer Single-service Telco Packages

The proportion of customers using only one service has decreased sharply in the last four years, the Communications Directorate of...

Residential

BYD Plant Spurs Housing Boom in Szeged, Csongrád

The housing market in the city of Szeged and Csongrád County switched to a higher speed after China's BYD announced...

Logistics

Nyíregyháza Upgrading Infrastructure for HUF 192 bln 

Nyíregyháza (250 km) is plowing close to HUF 192 billion into infrastructure upgrades at an industrial park in the south...

Government

Gov’t Adopts SME Strategy

The government reviewed, adapted and adopted the "Strategy for Strengthening Hungarian Micro, Small and Medium Enterprises 2019-2030" and determined the...

Deals

MNB-EduLab, Metropolitan Uni Sign Agreement

MNB-EduLab Nonprofit Kft. and Budapest Metropolitan University signed a cooperation agreement to improve young people's financial awareness and financial culture,...

Transport

Wizz Air Books EUR 105.4 mln Loss

Hungarian low-fare carrier Wizz Air booked a EUR 105.4 million after-tax loss in the third quarter of its business year,...

Trade

Agri Minister Calls out Lack of Will on Ukrainian Grain Issue

Minister of Agriculture István Nagy complained of a lack of will at the European Union level to resolve the matter...

Initiatives

Bábolna Establishing Hungary’s 1st Energy Community

Hungary's first energy community, capable of operation and officially registered, is being set up in the town of Bábolna (90...

MNB

MNB Among Greenest Central Banks

The National Bank of Hungary (MNB) scored higher than any G20 central bank in a self-assessment of policies supporting sustainable...

HR

Yettel, Pepco, Harman Most Popular Employers

Based on the evaluation of employees, the most popular employers in Hungary are Yettel, Pepco, and Harman, according to munkahelyeink.hu....

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...