Hungary AM

Tourism

Most Hungarians Travel to Austria, Croatia in Summer

Most Hungarians travel to Austria, and in the summer, Croatia is the most prominent destination, according to an investigation by...

Retail

NAV Finds Irregularities at Lakeside Inspections

This year, the auditors of the National Tax and Customs Administration (NAV) are again inspecting catering establishments, beach vendors and...

Analysis

1/4 of Morgan Stanley Risk Managers Work in Hungary

Approximately a quarter of Morgan Stanley's risk managers work in Hungary, according to hrportal.hu....

Figures

Speeding Fines Increased

The government accepted the draft published at the beginning of August, in which the amounts of traffic administrative fines will...

Figures

House Painter Skirting Kata Rules Fined HUF 35 mln

A total of almost HUF 35 million in tax shortfalls, late fees, and fines had to be paid to a...

Retail

Day-old Baked Goods Available at Half Price at Lidl

Baked goods have now also been included in the nationwide food rescue campaign at Lidl, the retail chain announced, according...

Figures

Hungarians Make up 13 % of Foreign Workers in Austria

Some 124,718 Hungarians worked in Austria in June, according to recent data published on the Austrian social insurance website, reports...

Land

Soil Moisture Content Favorable for Season

Compared to the season, the soil moisture content is favorable, as the part of the soil near the surface is...

HR

Majority of Middle-Aged People Want to Retire at 57 – Survey

On average, middle-aged people in Hungary would like to retire at age 57 if they could, according to K&H's Secure...

Crops

Artificial Fertilizer Sales up 20%

Thanks to falling prices, artificial fertilizer sales increased by almost 20% in the second quarter compared to last year, according...

Weather

Number of Weather Red Alerts Unusually High This Summer

This summer, the highest alert level (red) has already been issued six times due to the risk of thunderstorms, which...

Government

Gov’t Looking to Cover Driving License Costs for Secondary Students

Instead of the current state contribution of HUF 25,000, the government appears to be giving priority to supporting secondary school...

Figures

Food Inflation Could Drop to 5-8% by December

In July 2023, food price increases in Hungary continued to fall, to around 23% year-on-year, and overall food prices were...

HR

A 10% Increase in Minimum Wage Realistic for Near Future

Negotiations on the mid-year increase in the minimum wage will begin at the end of August, according to 24.hu....

Transport

Previously Purchased BKK Tickets to Remain Valid Until Mid-2024

The price increase for BKK tickets will come in September, but the spokesperson of the transport center assured passengers that...

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...