Hungary AM

Retail

3/4 of Businesses Plan to Raise Prices Within 6 Months

Some 74% of domestic businesses plan to raise their retail prices in the next six months, according to a survey...

Analysis

Nagy: SMEs Backbone of Hungarian Economy

The weight of domestic small and medium-sized enterprises (SMEs) is significant in the Hungarian economy, they are the backbone of...

Weather

20% More Precipitation in First Half of Year

About 20% more precipitation fell than usual in the first half of the year, almost twice as much as in...

HR

Number of Registered Jobseekers at 224,169 in June

The number of registered jobseekers in Hungary reached 224,169 in June, falling 1.9% from a month earlier and 2.7% from...

Analysis

AI Changing Approaches in Higher Education

These days, artificial intelligence is gaining more and more traction in higher education, so institutions and universities will operate more...

Figures

HU-GO Toll System Generates HUF 2.5 tln in Revenue

The distance and emission-based HU-GO electronic toll system for vehicles over 3.5 tonnes using motorways, expressways and main roads has...

HR

GPs Increasingly Scarce Across Hungary

More than 500 GP practices are vacant across Hungary, according to hrportal.hu....

Banking

Cards Linked to Youth Accounts Spending More in Summer

In the summer months, the turnover of bank cards linked to youth accounts increases significantly, K&H said this week, according...

Trade

Hungary 2nd to Ukraine in German Weapon Imports

The German Ministry of Economy has published the latest arms export data with Hungary almost surpassing Ukraine on the list,...

Automotive

BYD to Construct Battery Plant in Fót

China's BYD, the world's biggest electric vehicle maker, will set up a battery assembly plant in Fót (20 km northeast...

Trade

Illegal Cigarette Traffic Increasing in Hungary

The illegal cigarette market in the European Union continued to grow last year, with France leading the consumption list of...

Int'l Relations

Szijjártó: Deals Reached on HUF 35 bln of Chinese Investments

Minister of Foreign Affairs and Trade Péter Szijjártó said agreements were reached with Chinese companies on investments worth a combined...

Government

Gov’t May Ask ECB for MNB to Operate With Negative Equity

The Hungarian government is reportedly considering asking the European Central Bank (ECB) to allow the National Bank of Hungary (MNB)...

Tourism

New Private Boat Service Launches on Lake Balaton

A new scheduled private boat service on weekends started between Balatonfenyves (160 km southwest of Budapest) and Szigliget (165 km...

Banking

Bank Branch Salespeople in High Demand

Bank branch salespeople are in high demand, according to an analysis by the business daily Világgazdaság....

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...