Hungary AM

Initiatives

GVH Recommends Anti-Greenwashing Measures

Hungary's Competition Office (GVH) has recommended lawmakers establish a uniform system for gauging the environmental impact of products to help...

Figures

10,000-plus Open Online Securities Accounts

More than 10,000 people have opened online securities accounts at the Hungarian State Treasury in a streamlined and expedited procedure...

Construction

Construction Materials Could Become Even More Expensive

Construction materials may already become more expensive than inflation by the first quarter, writes piacesprofit.hu....

HR

Romania Jobless Rate Unchanged in November

Romania's unemployment rate stood at 5.4% in November, the same rate recorded a month earlier, the Bucharest-based National Institute of...

Analysis

Hungarian Village Program Continues in 2024

The Hungarian village program will continue this year because the countryside is a value for the government, and rural people...

Debt

Gov’t Deficit Reaches HUF 4.593 tln

Hungary's cash flow-based government deficit reached HUF 4.5934 trillion at the end of December, the Ministry of Finance said in...

HR

Man Charged for Fraudulent Job Advertisements

The prosecutor's office brought charges against a man who misled hundreds of people and caused HUF 4.5 million in damage...

Manufacturing

Liberty Dunaújváros Restarts Rolling Mills

Liberty Dunaújváros, Hungary's biggest steel maker, has restarted its rolling mills, including its hot dip galvanized line, Liberty Steel Group,...

Transport

New Section of M6 Expected by March

According to plans, the new section of the M6 motorway will be handed over in March, writes business daily Világgazdaság....

Weather

Cold Snap Won’t Threaten Consumers

The weather, which has turned wintry again, will not pose a threat due to the safe heating supply of Hungarian...

Residential

Housing Market Starts Year Strong

The housing market started the year strongly after last year's stagnation, according to the analysis of ingtalan.com, which describes the...

Green Energy

Modification Made to Solar System Installation Tenders

Several, predominantly technical modifications were made to the call for tenders for the program supporting the installation of modern solar...

Museums

Renoir Exhibition Gets Extended Run

Budapest's Museum of Fine Art has extended its exhibition of works by Pierre-Auguste Renoir, the French painter instrumental in developing...

Automotive

New Car Registrations Down 3.4% Last Year

The number of new passenger car registrations in Hungary fell 3.4% to 107,720 in 2023, the Hungarian Association of Vehicle...

Figures

HUF 30 mln Commuter Lane Fines Imposed Last Year

Fines totaling almost HUF 30 million were imposed last year during inspections of bus lanes and taxis in the fourth...

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...