Hungary AM

Deals

MultiHome Acquires Helvid

Listed Hungarian real estate broker MultiHome has signed an agreement on the purchase of 100% of Helvid, a packaging manufacturer...

Deals

STRT Holding Shares Begin Trading

Trade in shares of STRT Holding, which invests in early-phase startups, began this Tuesday, according to a release on the...

Construction

Slovak Construction Output Growth Eases in October

Slovakia's construction output growth eased to 5% year-on-year in October, down from September's seven-month high of 6%, data from the...

Crops

Agri Ministers Agree on Mandatory Honey Indications

European Union agriculture ministers agreed that in the future, it will be mandatory to indicate the place of origin and...

Social

Google Reveals Top Trending Topics in Hungary

Tech giant Google revealed the top trending topics in Hungary this year based on the biggest spikes in search terms....

Residential

Slow Recovery for Housing Market Expected Next Year

After this year's sudden decline, a slow recovery may begin on the housing market in 2024, writes profitline.hu....

Automotive

EV Support Could Start in February

The program to support the purchase of electric vehicles by businesses could start in February, the Ministry of Energy Affairs...

Appointments

Balázs Karsai to be Managing Partner at Nagy & Trócsányi

Nagy & Trócsányi has told the Budapest Business Journal that Balázs Karsai will take over as managing partner of the...

MNB

MNB Moves Forward With Phase-in of Capital Buffer Rates

The National Bank of Hungary (MNB) has announced it is moving forward as planned with a phase-in of capital buffers...

Automotive

EV Demand Constantly Growing

The demand for electric vehicles is constantly growing in Hungary, writes profitline.hu. According to the latest statistics of the Ministry...

HR

Number of Registered Jobseekers Down 3% in November

The number of registered jobseekers in Hungary reached 226,129 in November, down 3% from the same month a year earlier,...

Banking

Number of Bank Branches Continues Decline

The number of domestic bank branches had decreased to 1,445 by September, which is less than half of the 2013...

Manufacturing

TDK Hungary Components Investing HUF 3.5 bln in Energy Upgrades

Japanese-owned TDK Hungary Components is investing HUF 3.5 billion in energy upgrades with support from the state, Minister of Foreign...

Deals

Indotek Group Selling Stake in Waberer’s

Hungary's Indotek Group will sell its shares in listed Hungarian hauler Waberer's International, Waberer's said in an announcement posted on...

Deals

Gránit Bank, Óbuda Uni Enter Strategic Cooperation

Gránit Bank and Óbuda University have entered into a strategic cooperation, the university announced yesterday, according to profitline.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...