Hungary AM

City

Budapest Spas Raising Ticket Prices

From next week, ticket prices for thermal baths in Budapest will go up, according to termalonline.hu....

Construction

Construction Industry Waste Doubles Over Past Decade

The volume of waste generated by Hungary's construction industry has more than doubled over a 10-year period, according to data...

MNB

MNB: Electronic Money Circulation Continues Expansion

The expansion of electronic money circulation continued in the third quarter of 2023, according to the latest summary of the...

MNB

MNB: Inflation Expected to Fall to 6% by Year-end

Hungary's inflation rate is set to fall to around 6% by year-end, level with the average for the region, the...

Analysis

Favorable Outlook for Commercial Real Estate in 2024

The outlook for the commercial real estate sector next year is favorable, according to real estate asset management company Gránit...

Figures

Only 1/4 of Companies Plan on Year-end Bonuses

A quarter (26%) of the domestic companies classified as competitive plan to distribute year-end bonuses to their employees, the Economic...

Telco

State Parting With 25% Stake in Yettel Hungary

State-owned Corvinus International Investment has signed agreements on the sale of its 25% stakes in Yettel Hungary and Yettel Real...

Analysis

Internal Migration Willingness Falling

Some 46% of employees would be willing to move out of their place of residence due to a job change,...

Transport

Logistics Fees Could Increase 20-25% Next Year

Freight and logistics fees may increase by about 20-25% in 2024, according to the forecast of the Association of Hungarian...

Construction

Construction Sector Output Edges up 0.1% y.o.y. in October

The output of Hungary's construction sector edged up 0.1% year-on-year in October, after falling 6% in the previous month, according...

Residential

Real Estate Prices Declined in November

Hungary saw a decrease in real estate prices in November, according to infostart.hu. The average fall was 0.2%, but there...

Land

HUF 14 bln in Farmer Insurance Premium Subsidies Approved in Dec

In connection with more than 23,000 farmer applications, almost HUF 14 billion in insurance premium subsidies were approved in December...

Science

Debrecen Uni Sets up Pilot Research Lab 

The University of Debrecen (225 km east of Budapest) wound up a project to set up a pilot research laboratory...

Ratings

Moody’s Changes MOL Outlook to ‘Positive’

Moody's Investors Service changed its outlook on Hungary's MOL and MOL Group Finance yesterday to "positive" from "stable," according to...

Automotive

Automotive Industry Output up 4.9% y.o.y.

The output of the automotive industry, Hungary's biggest manufacturing sector, rose 4.9% year-on-year in October, accelerating from a 1.2% increase...

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...