Hungary AM

Transport

Vehicles With Green License Plates Rises to 100,000+

The number of vehicles with green number plates in Hungary has risen to more than 100,000, the Ministry of Energy...

Figures

Czomba: Employment Constantly Increasing

Employment is constantly increasing, and unemployment is also at an "acceptable level," thanks to inactive people entering the labor market,...

Power

Paks II Blocks to Go Online by Start of 2030s ‘at the Latest’, Minister Says

Two new blocks at Hungary's Paks nuclear power plant will go online at the start of the 2030s "at the...

Tourism

Average Price of Travel Insurance Nearly HUF 12,000

The average price of travel insurance was HUF 11,800 in June, online insurance broker Netrisk announced in the results of...

Residential

Many Overpriced Properties on the Market

There are many overpriced properties on the market, with differences as much as 30% compared to the real price, according...

Residential

52% of Owners Interested in Increasing Energy Efficiency

More than half of property owners (52%) are interested in home renovation projects aimed at increasing energy efficiency, according to...

Transport

100 New Public E-charging Stations Nationwide

More than 100 new public e-charging stations outside the capital can be established nationwide, thanks to a HUF 28 billion...

Residential

Home Renovation Subsidies to Support up to 30,000 Projects

A HUF 108 billion government program to support home energy efficiency improvements could result in 20,000-30,000 renovations, State Secretary Gergely...

Trade

EUR 1.75 bln Trade Surplus in April

Hungary had a EUR 1.75 billion trade surplus in April, widening from EUR 1.57 bln in the previous month, according...

Government

Economy Ministry Drafting Plans to Aid SMEs, Boost Tourism

Minister of National Economy Márton Nagy said his ministry would draft two action plans to improve the situation of SMEs...

Energy Trade

Gasoline Prices Level with Average in Neighboring Countries

Gasoline prices in Hungary were level with the average in neighboring countries during the week, but diesel prices were higher,...

Crops

Seasonal Fruits Cheaper Than Last Year

Seasonal fruits are cheaper compared to last year, according to the latest report of the Agricultural Economics Institute (AKI). Most...

Transport

New Railway Technical Regulations Being Prepared

A new Hungarian railway technical regulation that is more modern, more uniform and harmonized with EU regulations is being prepared,...

City

Budapest Advances on List of Most Liveable Cities

Budapest has advanced seven spots to 32nd place in the latest annual ranking of the "world's most liveable cities" compiled...

Banking

OTP Foundation’s Educational Innovation Award Open Until July 15

The OTP Fáy Innovation Award for Education, with a total prize of HUF 20 million, will await applications until 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...