Hungary AM

Deals

Govʼt to make free lunch for poor children mandatory during summer break

The Hungarian government is planning the introduction of mandatory free hot lunches for all children from low-income households during the...

Analysis

National Mobile Payment Company to test passenger info, e-ticket system

Hungarian state-owned National Mobile Payment Company is developing a unified passenger information and electronic ticket system for multimodal public transport...

In Hungary

Wabererʼs revenue increases 10% in 2014

Revenue of Hungarian road haulage company Wabererʼs International rose 9.7% to €496.2 mln in 2014, the company told Hungarian news...

Sights

Szentkirályi partners with Italian strategic investor

Hungarian mineral water bottler Szentkirályi Ásványvíz has merged into a joint venture majority-owned by Italyʼs Pasquale family, the owners announced...

Recycling

Wuppermann lays cornerstone of €100 mln steel plant in Hungary

Germanyʼs Wuppermann laid the cornerstone of a €100 mln steel pickling and hot-dip galvanizing plant at the port of Gönyű,...

Conferences

Fostered work programʼs budget allocation to rise next year

The Hungarian government is expected to allocate the equivalent of 1% of GDP for fostered work programs next year, up...

Recycling

Takata signs cooperation with University of Miskolc

Hungary’s University of Miskolc and Japanese automotive industry supplier Takata yesterday signed a cooperation agreement, under which the company will...

Initiatives

Gov’t could limit energy drink consumption

Lajos Oláh, the MP of opposition Democratic Coalition, sent a letter to Zoltán Balog, Minister of Human Capacities, to find...

Recycling

Head of Paks upgrade general contractor visits site

The head of Russiaʼs Atomstroyexport, Nizhny Novgorod Engineering Company (ASE-NIAEP), the general contractor for the upgrade of Hungaryʼs Paks nuclear...

Awards

White & Case Budapest moves to Dentons

The Reczicza White & Case office in Budapest has agreed to join Dentons, and move in with the firm as...

Analysis

Varga presents Prize for Successful Business

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

Telco

Richter shareholders approve HUF 33-per-share dividend

Shareholders of drugmaker Gedeon Richter approved payment of a HUF 33-per share dividend on last yearʼs earnings at an annual...

Social

Gov’t to develop 760 kms of cycle paths in 2014-2020 EU funding period

Cycling-related developments of about 760 kms in length will be implemented in the 2014-2020 European Union funding program period, government...

Initiatives

Training spots in dual education system set to reach 20,000

The number of training positions with companies in Hungaryʼs dual education system could rise from 8,000 to 20,000 by 2018,...

Awards

Russians top non-EU buyers of Hungarian real estate

Russians and Chinese are the top non-EU buyers of Hungarian real estate, mainly showing interest in residential developments, 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...