Hungary AM

Office Market

MNB Flags Risk of Oversupply on Commercial Property Market

The National Bank of Hungary (MNB) flagged the risk of oversupply in the commercial property market within one or two...

Residential

Housing Prices Increasing After Brief Dip

The Hungarian housing price index continues to set highs, according to the Duna House Barometer. In its latest analysis, it...

Figures

More People Taking out Insurance

More people take out credit coverage insurance for unexpected life situations, as 86% of those surveyed have some form of...

Energy Trade

Gazprom Sending Additional gas to Hungary, China

Gazprom PJSC will send additional gas to China and Hungary this year, Alexey Miller, the company's chief executive, said in...

Figures

HUF 500 mln Distributed to Sport Organizations

Some 43 small- and medium-sized associations in northern Hungary received support from the HUF 500 million allocated in the eighth...

World

Netherlands 3rd Most Popular Destination for Hungarian Students

Among Hungarian students aiming to study abroad, the majority continue to learn in Austria, with Germany in second place and...

Crops

Farmers Apply to Plant 50,000 Hectares of New Forest

Hungarian farmers have already applied to plant more than 50,000 hectares of new forest since the announcement of the National...

Automotive

Gov’t Launching HUF 60 bln EV Program

The government will launch a HUF 60 billion program in November to put more electric vehicles on Hungary's roads, Minister...

Deals

MOL, Miskolc Uni Sign 3-year Agreement

MOL and the University of Miskolc signed a three-year strategic cooperation agreement, according to hrportal.hu....

Figures

Over 100,000 Using E-reporting Interface for Public Utilities

There are already more than 100,000 users of the e-reporting interface, which enables the notification of data changes to utility...

Int'l Relations

U.S. Ambassador to Hungary Condemns Orbán-Putin Meeting

"Alone among our allies, Hungary's leader chooses to plead for business deals with a man whose forces are responsible for...

Energy Trade

Bulgaria Defends Decision to Tax Russian Gas Imports

Bulgaria's government has defended its decision to impose a new tax on Russian gas transiting through the country as Hungary...

Crops

Apple Prices Rising due to Weaker Harvest

Many apple producers complain that they did not reach the average harvest this year because of the cooler and wetter...

Automotive

BYD Launches Sales in Hungary

Chinese electric vehicle and battery maker BYD yesterday announced the launch of sales in Hungary, according to autopro.hu....

Awards

President Novák: Nobel Prize Winners a ‘Great Honor’ for Hungary

The two Nobel Prizes won earlier this month by Hungarian scientists Katalin Karikó and Ferenc Krausz, respectively, are a "great...

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...