Hungary AM

Telco

Tolnagro revenue exceeds HUF 15 bln

Veterinary wholesaler Tolnagro estimates that its revenue rose to more than HUF 15 bln in 2014 from the HUF 14.1...

Sights

ZÁÉV tender to renovate Kaposvár train station for HUF 1.65 bln

Hungarian construction company ZÁÉV Építőipari Zrt. has won a tender to renovate a landmark train station in Kaposvár in western...

Tourism

Hungary software exports climb 50%

Hungary's software exports have grown from an annual HUF 200 bln to HUF 300 bln in the past three years,...

Initiatives

Banking Association launches financial awareness program in schools

The Hungarian Banking Association on Monday launched a program to raise awareness at Hungarian schools regarding everyday financial matters, such...

Awards

Police arrest nine Buda-Cash employees

The police confirmed that nine employees of brokerage firm Buda-Cash were arrested Monday morning, Hungarian online daily magyarnarancs.hu reported yesterday....

Thousands march for action against corruption

A crowd estimated at more than 2,000 marched through central Pest yesterday afternoon in a protest to call for action...

History

Orbán: Banks should agree to lend more if tax is cut

The Hungarian government hopes to sign agreements with banks under which they would increase lending in exchange for the reduction...

Conferences

Fitch confirms MFB and Eximbank at BB+

Fitch Ratings affirmed MFB Hungarian Development Bank's and Hungarian Export Import Bank's long-term issuer default ratings (IDR) at "BB plus"...

Recycling

WANO advocates panel of experts to support Paks owner MVM

World Association of Nuclear Operators (WANO) has recommended setting up an independent panel of international experts that would operate with...

Analysis

MNB publishes fair banking indicators on website

The National Bank of Hungary (MNB) published the values of the so-called fair banking indicators on its website for the...

City

HungaroControl develops remote air traffic control

HungaroControl announced on Friday that it has signed a €4.9 mln contract to construct a Remote Tower (rTWR) air control...

Deals

MOL tender for TVK shares successful

Hungarian oil and gas company MOL said on Friday that its voluntary public tender offer for the ordinary registered shares...

Deals

Fidesz MP proposes treasury accounts for local councils

Attila Gelencsér, an MP of ruling party Fidesz, proposed yesterday that local councils keep their accounts at the State Treasury...

Telco

Government deficit reaches 35% of full-year target in Jan-Feb

Hungary's cashflow-based general government balance, excluding local councils, came to HUF 310.7 bln in the first two months, the National...

Automotive

Raba to supply seat components for new Suzuki production line

Raba's component manufacturing unit will supply seat components for the new Suzuki Vitara under a contract valued at HUF 2...

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...