Hungary AM

Banking

Invoice Factory Operators Charged

The Metropolitan Prosecutor's Office brought charges against members of a criminal organization in Budapest who, between 2016 and 2020, operated...

Banking

Invoice Factory Operators Charged

The Metropolitan Prosecutor's Office brought charges against members of a criminal organization in Budapest who, between 2016 and 2020, operated...

Initiatives

3rd National Biodiversity Strategy Adopted

The 3rd National Biodiversity Strategy provides a comprehensive framework for the long-term survival of domestic wildlife and natural resources and...

Weather

Warmer, Sunnier Weather Expected Later in the Week

At the beginning of the week, it will be cloudy in many places with occasional showers and thunderstorms, but later...

Weather

Warmer, Sunnier Weather Expected Later in the Week

At the beginning of the week, it will be cloudy in many places with occasional showers and thunderstorms, but later...

Construction

Gov’t Plans to ‘Reduce Import Exposure’ of Construction Industry

The Ministry of Construction and Transportation will introduce new legislation in the fall, the purpose of which is to "reduce...

Government

State Sec: Healthcare Workers Receiving Higher Wages

Nurses and healthcare workers will receive their 18% higher wages for July in the next few days, state secretary responsible...

Analysis

Half of SMEs Struggle With Increasing Energy Costs

More than half of the small businesses saw a significant increase in their energy procurement costs in the past year,...

Int'l Relations

Power Plant Tender Draws Int’l Interest

A tender called in March to build power plants with a combined capacity of up to 1,650 MW in the...

MNB

MNB: Loan Officers Indicate Stable Lending Capacity

A quarterly survey of loan officers published by the National Bank of Hungary (MNB) on its website shows stable lending...

Retail

Euronics Opening 4 New Stores Across Hungary

After the complete renovation of its stores in Budaörs (10 km southwest of Budapest) and Dombóvár (165 km southwest), the...

HR

Number of Jobseekers Edges up 1%

The number of registered jobseekers in Hungary reached 227,341 in July, edging up 1% from a month earlier but falling...

Analysis

36% Cannot Afford Recreation

Some 36% of the adult population rarely go out to relax because they cannot afford it, according to a recent...

Figures

Few Career Starters Have Savings

Few career starters have savings, and young people are saving significantly less this year than last, the Work Force HR...

Residential

Home Renovation Plans Picking up Slowly

After last year's significant drop, the population's home renovation plans are only picking up very slowly, according to the July...

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...