Hungary AM

History

Guardian: State media told not to show images of refugee children

Hungarian state television has requested its employees to exclude footage of children from broadcasts of the refugee crisis in Hungary,...

Recycling

Electrolux transfers part of refrigerator production to Hungary

Swedish white goods company Electrolux has already begun production in Hungary of an annual 70,000 built-in refrigerators, the capacity of...

Retail

Banks expect 40,000 borrowers to file for personal bankruptcy

Approximately 25,000 troubled borrowers could take advantage of Hungaryʼs new personal bankruptcy law in the short term, and the legislation...

MNB

MNB: Five years may be needed to bring corporate lending back to trend level

It could take "at least five years" to bring corporate lending stock back to levels close to the long-term trend,...

Sights

Property investment in Hungary higher in Q2 than in last two years

The European Industrial and Logistics market experienced record levels of investment in Q2 2015 with the total volume reaching €6.1...

History

Hungary seeks clarification from Germany on immigration policy

"If we donʼt succeed in fairly distributing refugees, then of course the Schengen question will be on the agenda for...

Initiatives

Art dealer removes ʼGolgothaʼ from public view

The Hungarian-American art collector Imre Pakh has ordered a monumental painting by the Hungarian master Mihály Munkácsy on loan to...

Art

Arbitration body mediating 10,000 complaints over FX loans

About 10,000 cases related to settlement of borrowersʼ relief have been brought before the Financial Arbitration Body for mediation, Hungarian...

Paks to top up state funding for HUF 1.4 bln stadium expansion

The local government of Paks, southwestern Hungary, has decided to top up HUF 800 mln in state funding with HUF...

Telco

Anti-counterfeiting label developed in Hungary for HUF 1 bln

Hungarian Vasbeta reportedly spent HUF 1 bln to develop a high security anti-counterfeiting label that can be applied to all types of...

Deals

Refugees demonstrate, saying they fear imprisonment

Fearing they would be imprisoned and would not be allowed to leave Hungary, 150 refugees demonstrated with banners near Hungary’s...

History

Szanyi blames Orbánʼs policy for dead refugees

Opposition Socialist leader Tibor Szanyi said in a Facebook post that he believes that Prime Minister Viktor Orbánʼs policies should...

Automotive

Hungary’s economic acceleration indicator slows

The Acceleration Indicator (GYIA), a measure of economic and financial indicators compiled by Hungarian economy daily Világgazdaság, showed a year-on-year rise...

Food

V4 to take joint stand on dairy sector at extraordinary meeting in Brussels

The Visegrád Four countries – Czech Republic, Hungary, Poland and Slovakia – will jointly press the European Commission to take...

Food

Drought hurts Hungary’s tobacco harvest

Drought may cause Hungary’s tobacco harvest to fall to approximately 7,000 tons, well under the 8,200 tons growers earlier agreed...

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...