Hungary AM

MNB

ÁKK to pre-finance €900 mln of maturing FX debt

Strong sales of government securities to retail investors will allow the Government Debt Management Agency (ÁKK) to make an early...

Energy Trade

Ukraine resumes moderate level of gas imports from Hungary

Ukraine will resume gas imports from Hungary, albeit at low volumes, Hungarian news agency MTI reported yesterday, citing Interfax-Ukraine. ...

Crops

Al Jazeerah: Migrants rush to Hungary before fence goes up

More than 100,000 asylum-seekers, most of them from Syria, Iraq and Afghanistan, have made the journey along the Balkan route...

In Hungary

Penny Market suspends cash-back service

Penny Market has stopped advertising their controversial cash-back service in their brochures and store employees are informing customers about suspension of...

Analysis

Semjén: Law on possession of firearms should be amended

Christian Democrat (KDNP) politician, and Deputy Prime Minister Zsolt Semjén is looking to pass a bill that would allow the...

Analysis

GigPlug launches in Hungary

Online job referral portal GigPlug launched its application in Hungary yesterday, according to a press release issued by the company....

Pharma

Report: Soros to bid for origo.hu

Brit Media Befektetési Kft. (BMB) has reportedly submitted an aggressive bid to Magyar Telekom for the purchase of leading Hungarian news and entertainment...

Telco

Hungarian individuals’ government bond holdings at historical high

Growth of Hungarian households’ securities savings’ slowed in 2015, according to online economics and business news portal vg.hu, reaching HUF 7.409...

Competition

Sales of fuel at Hungarian pumps up 9.2%

Turnover of gas and diesel fuel at Hungarian petrol stations was up 9.2% year-on-year in July, according to data compiled...

Tourism

Report: Emigration exceeds immigration in Hungary

Emigration from Hungary is a far greater issue than immigration, according to a fresh data compiled by pollster Tárki, which...

Sustainability

Nearly one-third of Hungarian homes sold in July bought as investments

Approximately 30% of home purchases in Hungary in July were made as investments, according to data compiled by Duna House real estate...

Awards

Hungary negotiates with Serbia on privatization of agribusiness

Hungary is currently in talks with Serbia on the privatization of a troubled Serbian agribusiness, ministerial commissioner Gyula Budai said...

Initiatives

EC endorses Hungary’s 2014-2020 rural development program

The European Commission has officially approved Hungaryʼs rural development program for the 2014-2020 funding period, the ECʼs Hungarian representative told...

Awards

New IKEA opens in Budapest

IKEA will open its third store in Hungary in Budapest’s District 23, south Budapest, online news portal hvg.hu reported yesterday, according to a...

History

Report: Migrants break through fence near Ásotthalom

Migrants have reportedly cut a hole in a section of the border fence near Ásotthalom in southern Hungary, online daily Magyar...

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...