Hungary AM

Visits

Orbán meets with president of Iraqi Kurdistan Region

Hungary’s Prime Minister Viktor Orbán and Iraqi Kurdistan Regional President Masoud Barzani met in the Hungarian Parliament yesterday....

Sustainability

CBRE: Hungarian investment turnover almost triple in Q1 2015

Global real estate investors remain confident and their intentions are expansionary, with more than half planning to increase their acquisitions...

Pharma

Richter renews cooperation with Szeged University, R&D

Hungarian drugmaker Gedeon Richter signed a cooperation agreement on research and education with the Szeged University of Sciences (SZTE) and...

Banking

TV2 books positive EBITDA for first time since crisis

Hungarian commercial channel TV2, which was recently bought out by its management, had positive EBITDA for the first time in...

Awards

MNB fines Banif Plus Bank for violating settlement rules

The National Bank of Hungary (MNB) has fined Banif Plus Bank HUF 18 mln for violating the rules on the...

Industrial

Used home sales reach 12,000 in April

Used home sales reached 12,000 in April, a fresh report by real estate broker Duna House shows. In January-April existing...

Awards

Hungarian-born European bank head dies

Alexandre (Sándor) Lamfalussy (pictured), the Hungarian-born former head of the European Monetary Institute, the forerunner of the European Central Bank...

City

BKK to expand Budapest bike-sharing system

Hungary’s Budapest Transport Centre (BKK) began the expansion of its bike-sharing system in Budapest dubbed "MOL BuBi", BBK said on...

Hotels

Russian investors buy Lotus Therme Hotel and Spa

Hungary’s Lotus Therme Hotel and Spa, which is the only five-star hotel in Héviz, the western Hungarian town near Lake...

Int'l Relations

Government signs ‘strategic agreement’ with 59 large companies

The Hungarian government has already signed ‘strategic agreements’ with 59 large companies, of which 21 are in the automotive industry,...

Telco

Fiscal Council clears 2016 budget draft but proposes revision of debt reduction rule

Hungary’s Fiscal Council said on Friday, May 8 that it had cleared the government’s draft for the 2016 budget bill...

Telco

ANY Security Printing profit down on falling sales, rising tax and forex loss

ANY Security Printing Company’s net profit fell 9% to HUF 238 mln in the first quarter of this year from...

Deals

MOL Romania sales rise 7% in Q1

Sales of MOL Romania, the Romanian unit of Hungarian oil and gas company MOL, saw a year-on-year rise of 7%...

Telco

Slovnaft Q1 net profit reaches €17 mln

Slovnaft, the Slovakian unit of Hungarian oil and gas company MOL, saw its net profit improve in the first quarter...

Int'l Relations

German delegation to assess Hungaryʼs investment environment

A delegation of German businessmen has arrived in Hungary to assess the country’s investment environment, Hungary’s Foreign Ministry told Hungarian...

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...