Hungary AM

EU

Hungary Calls for New Plan to Increase Organ Donations

Hungary, currently holding the presidency of the Council of the EU, is pushing for the bloc to "overcome the barriers...

Figures

Number of Higher Education Applicants to Exceed 120,000

Thanks to the new admissions system, the number of applicants to higher education institutions this year will again exceed 120,000....

Residential

Budapest Housing Market Grew Spectacularly in H1

After last year's low point, the new housing market in Budapest produced spectacular growth in the first half of this...

HR

Number of Job Applications up in Q2

With the exception of two counties, the number of applications received for job advertisements increased in the second quarter of...

EU

Hungary to Table EU Competitiveness Pact

Prime Minister Viktor Orbán said Hungary would table a European Union competitiveness pact at a summit in November under the...

Pharma

Richter Submits Marketing Authorization Applications to EMA 

Hungarian pharmaceutical company Gedeon Richter said the European Medicines Agency (EMA) accepted two marketing authorization applications for its proposed biosimilar...

EU

EU’s New Biometric Entry System Postponed Until November

The introduction of the European Union's new entry and exit system, EES, has been postponed until November, writes business daily...

Figures

Ragweed Concentration Rising to Symptom-causing Levels

The concentration of ragweed pollen is expected to reach symptom-causing levels in several places during the last weekend of July,...

Banking

Housing Loan Market Booms in H1

Almost 10% more loans were taken out in the Hungarian housing loan market in the first half of this year...

Power

Paks II Work ‘Rumbling Ahead,’ Says Szijjártó

Minister of Foreign Affairs and Trade Péter Szijjártó said work on upgrading Hungary's Paks nuclear power plant was "rumbling ahead"...

World

UN SDGs Unachievable Without ‘East-West Cooperation’ – Szijjártó

Minister of Foreign Affairs and Trade Péter Szijjártó said sustainable development goals couldn't be achieved without a "civilized East-West cooperation,"...

Green Energy

Duna House Announces Launch of Energy Efficiency Business

Listed real estate broker Duna House announced the establishment of a business that will provide energy efficiency solutions to homeowners...

EU

Hungary Backs French Initiative for Cultured Meat Review

Hungary supports a French proposal to set up a committee to weigh the social impact of introducing laboratory-cultured meat, Minister...

Figures

Number of Firms Working With Unis Doubles in 10 Years

The number of companies that work together with universities and claim to be innovative has doubled over the past 10...

EU

AgMin Outlines Agricultural Priorities of Hungarian EU Presidency

Minister of Agriculture István Nagy outlined the farm sector priorities of Hungary's presidency of the Council of the European Union...

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...