Hungary AM

Debt

General Gov’t Deficit at HUF 2.6 tln

Hungary's cash flow-based general government deficit reached HUF 2.597 trillion at the end of April, as the Ministry of Finance...

Figures

Parents Spend HUF 5,000-10,000 on Children’s Day

Parents and grandparents spend HUF 5,000-10,000 on Children's Day, the last Sunday of May, based on the sales data of...

In Budapest

Puskás Arena to Host 2026 Champions League Final

The Puskás Arena in Budapest, home to the Hungarian national soccer team, will host the 2026 Champions League final, European...

Banking

25% of Banks Sense Pick-up in Credit Demand

A quarter of the banks sensed a pick-up in demand for consumer credit in the past six months, and looking...

Innovation

Effects of Generative AI not yet Felt in Hungarian Labor Market

Employees who are unable to use artificial intelligence (AI) and media companies that do not integrate new technologies into their...

Innovation

Óbuda Uni Planning Technology and Innovation Park

Óbuda University is planning a Smart Industry Technology and Innovation Park in Kaposvár (185 km southwest of Budapest) jointly with...

Tourism

Consumer Protection Forces Website Changes on Viagogo

The Swiss operator of ticket exchange and ticket resale company Viagogo has made commitments to make changes to its website...

Weather

Heavy Rains Expected This Week to Ease Drought

Heavy rains will ease the drought this week, according to an agrometeorological analysis by HungaroMet Zrt....

MNB

MNB: Improved Macro Fundamentals Support Pickup on Home Market

Improving macroeconomic fundamentals have supported a pickup in activity on Hungary's home market and caused price rises to accelerate, the...

Green Energy

10,000 Applicants Awarded HUF 40 bln in Solar Panel Subsidies

So far, decisions have been made regarding the award of more than HUF 40 billion in subsidies to over 10,000...

HR

Hungarians Believe Financial Literacy Should Start in Kindergarten

Hungarians believe that the transfer of financial knowledge could start as early as kindergarten writes profitline.hu....

HR

Job Fairs for Teachers Touring Country

A nationwide series of events presenting job opportunities for future teachers has been launched with the participation of nine higher...

Residential

Real Estate Closes Strongest Month This Year in April

The Hungarian real estate market closed its strongest month of the year so far in April, listed real estate broker...

Residential

Used Family Homes Most Difficult to Sell in Q1

The sale of used family houses was the most difficult in the first quarter of the year, Otthon Centrum said,...

Art

Hungary, China Sign Film Industry Agreement

Government Commissioner Csaba Káel and Mao Yu, who heads the China Film Administration, have signed an agreement on film industry...

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...