Hungary AM

Conferences

Growing number of Hungarians study abroad

It is estimated that more than 10,000 Hungarian students are currently studying at colleges and universities abroad, and one in...

Initiatives

Women’s employment rate growth highest in EU

The employment rate among women grew by 3.3% in Hungary in 2014, the highest growth rate in the EU, according...

Food

Some 31,500 left Hungary in 2014; domestic relocation grows

In 2014, some 31,5000 Hungarians left the country for longer than a year, more than 50% as compared to a...

Telco

HUF 1.25 trillion in EU funds eyed for development

The key focus of the HUF 1.250 trillion regional development program will be farming, horticulture and other labor-intensive sectors, the...

Food

External factors set to boost Hungary GDP growth to 3%

A favorable mix of external factors may see Hungaryʼs economy growing by around 3% this year, London-based emerging markets economists...

Telco

Retail government securities stock rises HUF 112 bln in March

The stock of government securities targeted at retail investors rose by HUF 112 bln to HUF 2,602 bln in March,...

Awards

New tobacco sales tenders announced

The National Tobacco Sales Nonprofit Company (NDN) has announced another tender for tobacco sales concessions, Hungarian news agency MTI reported...

Food

More than two-thirds of Hungarian companies plan new hires

Approximately 68% of Hungarian companies plan new hires this year, management consultancy Hay Group reported late yesterday after carrying out...

Initiatives

GDP forecast expected to be raised

The Hungarian government could raise its 2.5% GDP growth projection for this year by the end of the month, when...

EU

Government publishes draft of energy efficiency legislation

The Hungarian government published a draft of energy efficiency legislation on its website yesterday, as part of its effort to...

Telco

Bourse: Share turnover climbs in March

Average daily share turnover on the Budapest Stock Exchange rose more than 17% to HUF 11.1 bln in March from...

Automotive

New car registrations increase 2% in March

New passenger car registrations rose by 2% to 6,305 in March from the same month a year earlier, automotive industry...

Tourism

Utair suspends Moscow-Héviz flight

Russian airline Utair has suspended scheduled flights between Moscow and Hungaryʼs Hévíz-Balaton Airport, however charters are expected to start arriving...

History

MNKH files report in Quaestor case

The Hungarian National Trading House Company (MNKH), a state-owned firm established to build economic ties abroad, yesterday filed a report...

Drinks

Beer consumption rises in Hungary

Domestic sales of Hungarian breweries increased by 2% reaching 5.8 million hectoliters last year, following a drop of 4.5% earlier...

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...