Hungary AM

Crops

Farmers Expect Better Pear Harvest

Farmers expect this year's harvest will be better than last year's drought year, but will not reach the average level,...

Residential

Mini-apartments Remain Popular

Even in the changed real estate market conditions, mini-apartments with a small floor area of 10 to 20 sqm have...

Tourism

Esztergom Guest Nights up 15% in July

Combining its unique historical and cultural values, favorable natural features, and new culinary attractions, Esztergom (45 km northwest of Budapest)...

Residential

Widest Range of Real Estate Prices Found in Somogy County

Anyone who wants a house in Somogy County can choose from the country's most expensive and cheapest properties, writes business...

Construction

Budapest-Belgrade Rail Construction Thrown Into Doubt

The future of multi-billion dollar Budapest-Belgrade high-speed rail link has been thrown into doubt after Hungary redirected its equipment and...

Government

Orbán’s Salary Increased to HUF 4.178 mln

Prime Minister Viktor Orbán's salary increased in July from HUF 3.555 million gross to HUF 4.178 mln, according to data...

Tourism

Nearly 60% of Rural Guests Night in Spa Towns

Almost 60% of rural guest nights in Hungary were spent in spa towns, according to the Hungarian Tourism Agency (MTÜ)....

Science

Szijjártó: Contract With Axiom Paves Way for Hungarian on Space Station

Minister of Foreign Affairs and Trade Péter Szijjártó has announced the signing of a contract with US-based Axiom Space paving...

Figures

Number of Liquidations Increasing Rapidly

The number of company liquidations in Hungary is increasing rapidly, writes business daily Világgazdaság....

Figures

Allianz Receives 35,000 Property Damage Reports

Allianz Hungária received nearly 35,000 residential property damage reports in connection with stormy weather in the first eight months of...

Green Energy

Hungary’s 2nd Social Solar Power Plant Begins Operation

Hungary's second social solar power plant started operating on the outskirts of the village of Lakócsa (250 km southwest of...

Museums

Money Museum Wins Dasa Award

The National Bank of Hungary's Money Museum has been named the 2023 winner of the European Museum Academy's Dasa Award...

Figures

40% of Young People Still Live With Parents

Some six out of 10 young people live in independent households, while four live with their parents but are planning...

Weather

Summer-like Weather Continuing This Week

The summer-like warm weather will continue this week with maximums of 25-30ºC (77-86ºF )according to the national, medium-term forecast of...

Energy Trade

Bulgaria, Hungary to Cooperate on LNG for CEE

Bulgarian state-owned gas supplier Bulgargaz and Hungarian peer MVM CEEnergy have agreed to cooperate in the delivery and trading of...

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...