Hungary AM

Analysis

Hungarians’ Ability to Save Deteriorating

The ability to save in Hungary has deteriorated compared to 2022, such that only a tiny group of people can...

Tourism

Lake Balaton Tourism Increased Last Weekend

The number of visitors to accommodation on the shores of Lake Balaton increased by 7% on the second sunny weekend...

Residential

1/4 Plan to Move Within 2 Years

A quarter of those surveyed are planning to move to a new property in the next one or two years,...

Weather

Summer Storms Becoming More Damaging

Summer storms have become more frequent and violent in recent years, so more attention should be paid to preventing damage,...

Recycling

MoHu ‘Operating Smoothly’

Hungary's municipal waste management system is "operating smoothly" after MoHu, a unit of oil and gas company MOL, took over...

Innovation

Bosch Group Expediting Incorporation of AI

Bosch Group plans by the end of the year for all its products and solutions to either incorporate artificial intelligence-based...

Figures

General Gov’t Balance at HUF 2.896 tln in June

Hungary's cash flow-based general government balance reached HUF 2.896 trillion at the end of June, the Ministry of Finance said...

HR

Demand for Student Workers Falls 5% This Year

Although "the world has not come to a standstill," companies clearly need to think more carefully about their spending and...

Crops

HUF 2.8 bln Budget for Beekeeper Support

The Ministry of Agriculture has announced this year's support schemes to support the work of beekeepers with a resource budget...

Analysis

Belgian Specialists Studying Success of MOL Bubi Scheme

Belgian specialists arrived in Budapest in June to study the MOL Bubi public bike service, which was ranked among the...

Telco

MTVA Signs Coop Deal With Hunan Broadcasting System

Hungary's Media Service Support and Asset Management Fund (MTVA) has signed a cooperation agreement with China's Hunan Broadcasting System, a...

Figures

Hell Energy Tops Competitors in India

Hungarian energy drink manufacturer Hell Energy outperformed all its competitors in India and ranked first in the aluminum can segment...

Drinks

Value of Hungarian Coffee Market Rose 20% Last Year

Due to the significant increase in the price of raw materials, the value of the Hungarian retail coffee market increased...

Construction

Évosz: Construction Orders Lasting the Longest in Budapest

The contract stock of the construction industry decreased by 28% nationally, while in Budapest it decreased by about 15% on...

Analysis

Most Feel Unprepared for Challenges of Long Life

Hungarians respond to the difficulties of everyday life with flexibility, lifelong learning, and by increasing the number of years spent...

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...