Hungary AM

Conferences

Hungary, United Arab Emirates to sign economic cooperation agreement

Hungary will sign an economic cooperation agreement with the United Arab Emirates in the coming days to deepen ties between...

Ratings

Forint caught in the euro-dollar crossfire

The forint was trading at 313.37 to the euro late Monday on the interbank forex market, slightly up from final...

Telco

Hungary ITC sector turnover climbs 7%

Revenue of Hungaryʼs ITC sector reached HUF 627 bln in the second quarter, up almost 7% from the same period...

Conferences

Hungarian-Thai joint economic committee hold first meeting in a decade

The Hungarian-Thai Joint Economic Committee met in Budapest on Friday, after a ten-year hiatus, state secretary for economic diplomacy Levente...

Figures

KSH: Trade surplus in Hungary down to €801 mln in June

Trade surplus in Hungary came to €801 mln in June, the second reading of data by Hungary’s Central Statistical Office...

Telco

Raiffeisen Bankʼs net income up from last yearʼs loss

Raiffeisen Bank booked first-half net income of HUF 2.4 bln, improving from a loss of HUF 29.6 bln in the same...

City

Accell Group foresees 15% revenue rise in Hungary

Dutch bicycle manufacturer Accell Groupʼs Hungarian unit foresees its revenues this year rising by 15% over last yearʼs nearly €90 mln, Accell Hunland managing...

Analysis

Hungary has lowest spending on education in the region

Hungary’s spending on education compared to GDP has been decreasing steadily since 2010, news portal 444.hu revealed yesterday, with spending levels reaching...

Deals

Hungarian Police collect refugees into transport vehicles

The Hungarian Police began loading refugees waiting at Budapest’s Keleti Railway Station into transport vehicles, choosing whom to take in...

Former prime minister hosts refugees at home

Hungary’s former Prime Minister Ferenc Gyurcsány, who is currently the leader of opposition Democratic Coalition, has been hosting refugees for one night...

Telco

Spar Magyarország expects end to challenges

Retail chain Spar Magyarország foresees an end of a financially challenging year, although much depends on the outcome of a European Union...

Crops

KSH: Logistics firms book HUF 1.085 trillion in revenue in Q2

Hungarian logistics companies had HUF 1.085 trillion in revenue in the second quarter, up a slight 0.4% from the same...

Telco

Daily share turnover of BSE up in August

Daily share turnover on the Budapest Stock Exchange came to HUF 7.3 bln in August, up 10% from July and...

Tourism

Blue chip treasury stock virtually unchanged in August

The treasury share stock of OTP Bank edged down in August, while drugmaker Richterʼs rose slightly, disclosures released by the issuers show, according...

History

MNB looking to rent, not purchase, foreign offices

The National Bank of Hungary (MNB) will rent, not buy, property for its foreign offices, central bank governor György Matolcsy...

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...