Hungary AM

Transport

Wizz Air Launching Flights to Cairo

Wizz Air will launch flights from Budapest to Cairo three times a week from the end of October, Minister of...

Weather

Warm, Variable Weather Expected This Week

Lots of sunshine is expected this week, but showers and thunderstorms are also likely, according to the medium-term forecast of...

Debt

General Gov’t Deficit at HUF 2.763 tln in May

Hungary's cash flow-based general government balance reached HUF 2.763 trillion at the end of May, the Ministry of Finance confirmed...

Automotive

Auto Registrations Fall 11.2% y.o.y. in May

The number of new passenger auto registrations in Hungary fell 11.2% year-on-year to 8,999 in May, according to data compiled...

HR

SME Employment Stable

Employment is stable in the small and medium-sized business sector, and seven out 10 companies are preparing for a wage...

Manufacturing

Huayou Cobalt Building HUF 520 bln Cathode Plant

China's Huayou Cobalt will build a HUF 520 bln cathode plant in Ács (95 km northwest of Budapest), Minister of...

Innovation

22,000+ Download Hungarian-developed Language Learning App

More than 22,000 people worldwide have downloaded Talk@Ease, an application that helps people improve their English speaking skills, created by...

City

Chain Bridge to Remain Car-free

Participants in Budapest's first residents' meeting, an online municipal survey, have expressed their preference for maintaining the current traffic rules...

Analysis

Optimism Returning to Family Companies

The optimism of family companies is returning, as their expectations are improving for the second quarter, according to the latest...

HR

Recruitment Agencies Booked Successful 2022

Recruitment agencies had a successful year in 2022, according to hrportal.hu based on information company Opten's data....

Residential

Home Modernizations Could Bring Significant Energy Savings

Modernizing single-family houses, which make up a significant part of the Hungarian housing stock, can bring significant savings both in...

Figures

Library Usage Approaching Pre-epidemic Levels

The number of visitors to Hungarian libraries is approaching the pre-epidemic levels, according to a survey by the Library Institute...

Weather

Recent Weather Favorable for Crop Development

The weather of the past few weeks has had a favorable effect on the development of field plants, the soil...

Residential

Demand for Real Estate Falls 42% y.o.y.

Nationally, the demand for real estate for sale decreased by 42% on an annual basis between January and May....

Government

Gov’t Could Intervene in Fixed-price Electricity Contracts

Businesses need to be "freed from the trap of fixed-price electricity contracts," Minister of Economic Development Márton Nagy said at...

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...