Hungary AM

Logistics

Consumer, business confidence improves slightly in April

GKI-Ersteʼs combined gauge of consumer and business confidence climbed to minus 2.9 points in April from minus 3.6 points in...

Deals

Gov’t PR office calls HUF 25 bln tender

Hungaryʼs National Communication Office has called a HUF 25 bln open tender for communications services, an announcement in the Public...

Competition

GDF Suez unit returning retail gas supply licence

The Hungarian unit of French-owned GDF Suez became the second company in a week to request the withdrawal of its...

History

Job accidents in Hungary rise 14% in 2014

The number of workplace accidents saw a rise of 14%, up to 19,661, last year with 78 fatalities, the head...

Telco

Mecsekérc, AKMI win as sole bidders to do Paks drilling

The Hungarian companies of Mecsekérc Környezetvédelmi and Általános Kultúrmérnöki Iroda Szolgáltato (AKMI) won a tender to conduct preliminary core drilling...

Analysis

Magyar Gáz Tranzit submits application for Hungary-Slovakia gas interconnector permit

Magyar Gáz Tranzit has submitted an application to the Hungarian Energy and Utilities Regulatory Office for the operating permit of...

Conferences

March sees more registered job seekers

Approximately 462,000 job seekers were registered in Hungary at the end of March, up from 431,500 a year earlier and...

Competition

E.ON Hungary unit returning retail gas supply licence

The Hungarian unit of German utilities giant E.ON on Friday said it is bringing back its "universal service provider" license...

Telco

Earners in big families took home HUF 202,000 on average last year

Hungarians availing of tax preferences for families with three or more children earned a monthly net HUF 202,006 on average...

Conferences

Bank group: Bank tax prevents growth

The extra burdens on Hungaryʼs banking sector are restricting the sustainable growth of the whole economy, the head of the...

Tourism

Swiss robot buys Hungarian passport, gets arrested

An "automated online shopping bot", set up by Swiss art group !Mediengruppe Bitnik in order to explore the "dark web",...

History

Government to question public on immigrants

On Friday, the Hungarian government posted the questionnaires of a national consultation on immigrants, a day after EU heads of...

Awards

No Hungarian casualties reported in Nepal earthquake

The earthquake in Nepal Sunday, which caused the death of more than 2,300 people, has claimed no Hungarian casualties so...

Demo in front of PMʼs house rejected

Péter Juhász (pictured), of opposition party Együtt (Together), has filed for permission to hold a demonstration in front of his...

Analysis

Government turns to EC to dispute Gyurcsány’s company contract

The Hungarian government has put forward a request to the European Commission for information regarding a HUF 1.5 bln contract...

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...