Hungary AM

Interview

V4 farm ministers oppose unfair business practices of supermarket chains

Agricultural ministers of the Visegrad Four countries – Hungary, Czech Republic, Poland and Slovakia – along with their counterparts from...

Food

Russia could exempt Hungarian companies from food ban

Russia could exempt approximately fifteen Hungarian firms from its embargo on food imports from the European Union, a senior Russian...

Office Market

MTel to sell Budapest offices, move to new headquarters

Magyar Telekom said yesterday that it will sell its three main Budapest office buildings to WING Group and sign a...

In Hungary

Government proposes bill on rollout of e-card

The government submitted a bill to Parliament yesterday that outlines the legal framework involved in the introduction of an electronic...

Visits

Orbán confirms he had a hand in the distribution of EU funds

“This hasn’t changed, this is the lawful process, only the Minister has changed since then,” Hungarian Prime Minister Viktor Orbán...

Tourism

EC assesses shift in retirement age and pension sustainability

Hungary will spend 11.4% of GDP on public pensions in 2060, roughly the same percentage as today, according to a...

MNB

K&H Bank books HUF 7 bln profit in Q1

K&H Bankʼs consolidated first-quarter after-tax profit was up nearly 10% at HUF 7 bln as compared to the same period...

Telco

Investment fund assets reach HUF 5.627 trillion in April

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) rose...

Ratings

S&P: Three Hungarian banksʼ ratings back to positive

Standard & Poorʼs Ratings Services on Monday said it had revised its outlook on Hungary-based OTP Bank, OTP Mortgage Bank,...

Telco

HB Reavis group’s profit increases by 26% in 2014

Leading CEE property development company HB Reavis group’s annual consolidated profit grew by 26% to €89 mln in 2014, the...

Competition

Proposed bill could smooth MFB’s acquisitions procedure

The Hungarian government submitted a bill to Parliament yesterday that would facilitate the process by which the Hungarian Development Bank...

Food

SME investments up 36% in 2015

Investments made by Hungarian SMEs could increase by 36% to reach HUF 2.223 trillion this year, based on a survey...

Awards

Bitcoin creator could be a first-generation Hungarian

The elusive Satoshi Nakamoto, known as the creator of Bitcoin – a virtual payment system – could actually be an...

Social

Hungary to host World Aquatics Championships at refurbished venue

Hungarian Prime Minister Viktor Orbán, the head of the International Swimming Federation (FINA) Julio C. Maglione, and Budapest mayor István...

Retail

Nielsen: Retail food sales grow 5%

Retail food sales rose 5% reaching HUF 490 bln during the period from last December to March of this year,...

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...