Hungary AM

Analysis

Only 1/4 of Students Abroad Intend to Return to Hungary

Only a quarter of the students studying abroad say that they will definitely return to Hungary when they finish their...

Retail

Online Stores Prioritize Customer Experience as Growth Stalls

The super-fast growth of online trade during the coronavirus pandemic has stalled, and its share in total trade has also...

Analysis

Big Corporations Outpace Small Businesses in Wages

The largest companies paid their employees nearly HUF 620,000 gross last year, while the average salary for companies with fewer...

Analysis

Rate of People at Risk of Poverty Under EU Average

The rate of people in Hungary at risk of poverty or social exclusion stood at 18.4% last year, under the...

EU

Pécs Renovating Roads, Sidewalks With HUF 1.5 bln EU Grant

Road and sidewalk renovations are being carried out, intersections are being rebuilt, and a bicycle path will be established on...

Transport

MÁV-Volán Changes to Summer Schedule This Weekend

After the preseason, the main season schedule of the MÁV-Volán group will come into effect on June 17, the company...

Tourism

Guest Nights in Veszprém Double

The number of guest nights spent in Veszprém (115 km southwest of Budapest) more than doubled in April and May...

Retail

Aldi Reducing Dairy Prices

Aldi Hungary will permanently reduce the price of every third dairy product, the German-based discount chain announced yesterday morning, according...

Figures

NAV Collected HUF 20.602 tln in Taxes Last Year

The National Tax and Customs Administration (NAV) collected HUF 20.602 trillion in taxes last year, according to NAV's 2022 Yearbook,...

Tourism

Bathing Season Starts Late His Year

This year, due to the increase in the price of energy, chemicals, and labor, the bathing season only begins with...

Deals

TritonLife Opens HUF 3 bln Hospital in Miskolc

Hungarian-owned private healthcare provider TritonLife announced the opening of a HUF 3 billion hospital in Miskolc (185 km northeast of...

Telco

Digi Customers Switched to Vodafone Network

DigiMobil and DigiNet Aktív 50 customers have been using Vodafone Hungary's domestic mobile network from June 1, meaning subscribers can...

Figures

General Gov’t Balance Reached HUF 2.763 tln

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

Ukraine Crisis

IOM Study Highlights Needs of Ukrainian Refugees in Hungary

Some 60% of refugees arriving in Hungary from Ukraine do not know where to turn for information upon arrival, according...

Banking

Hungary Asks OECD’s Help to Remove OTP From ‘War Sponsors’ List

Hungary has asked the OECD to take steps in the interest of removing OTP Bank, Hungary's biggest commercial lender, from...

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...