Hungary AM

Tourism

Spa, hotel and agribusiness win Successful Business prize

Hungary’s National Economy Minister Mihály Varga presented the Prize for Successful Business, a monthly acknowledgement, to three Hungarian companies at...

Telco

Hungary calls tenders for HUF 71 bln of R&D grants

The Hungarian government yesterday reportedly called tenders for HUF 71 bln in European Union and state funding for research, development...

Competition

Pick, Szeged university sign cooperation agreement

Meat processing company Pick Szeged and the University of Szeged signed a cooperation agreement encompassing research, development and education projects, Hungarian news agency MTI reported...

Green Energy

Competition office greenlights Budapesti Erőmű buyout

Hungaryʼs Competition Office (GVH) has approved EP Energyʼs buyout of power plant company Budapesti Erőmű, Hungarian news agency MTI reported,...

Deals

Talks with EC on MARK pricing method to wind up soon

Talks with the European Commission on the pricing method to be used by the Hungarian Reorganisation and Receivables Management Company...

Awards

Hungarian police launch traffic app

The Hungarian police launched a mobile application on traffic that provides information about accidents as well as expected waiting times...

History

Orbán summons extraordinary national security cabinet meeting

Hungary’s Prime Minister Viktor Orbán called an extraordinary meeting of the national security cabinet late yesterday, Hungarian online daily index.hu...

Tourism

Report: BKK takes over supervision of taxi drivers

Since the Hungarian government approved a decree coming into August 7 requiring all drivers to be licensed, officials of the...

Report: Honey harvest can top 20,000 tons

Honey harvest in Hungary is foreseen to reach approximately 20,000 tons this year, some 1,000 tons more than last year,...

Logistics

GKI-Erste confidence index up slightly in August

GKI-Ersteʼs combined gauge of consumer and business confidence stood at -2.1 points in August, up slightly from -3.1 in July....

MNB

MNB sells banks CHF 592 mln to cover FX car, personal loan conversion

The National Bank of Hungary (MNB) said it sold CHF 591.9 mln to lenders in a tender on Monday to...

Telco

PannErgy after tax loss up in Q2

Hungarian geothermal-energy company on Wednesday posted a HUF 187 mln after-tax loss from the second quarter, after an after-tax loss...

Telco

State Secretary: Deficit target for 2015 realistic

The governmentʼs 2015 deficit target of 2.4% of GDP is still realistic considering the positive economic processes; the government will...

MNB

Banks and government to subsidize FX car loan conversion

Foreign currency-denominated vehicle and personal loans will be converted to loans into forints at the market exchange rate, but the...

Telco

Samsonite launches expansion at Hungarian plant

The Hungarian unit of global luggage manufacturer Samsonite has inaugurated a HUF 2.4 bln expansion in Szekszárd, southwestern Hungary, national...

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...