Hungary AM

Pharma

Szijjártó: Gov’t backs EU-US free trade agreement if it serves Hungarian interests

Although the outcome of free trade talks between the European Union and the United States is still uncertain, the Hungarian...

Deals

MNB orders DRB Bank members to halt operations for a day

The Hungarian central bank ordered the four regional members of the DRB Bank Group to halt operations for a day...

Deals

Szentkirályi revenue grows to HUF 9.6 bln

Hungarian mineral water producer Szentkirályi saw its revenue rising almost by 10% to HUF 9.6 bln last year, while domestic...

Retail

Praktiker extends opening hours on Saturdays

D.I.Y. chain Praktiker has extended opening hours on Saturdays in order to compensate for the anticipated traffic loss due to...

Deals

INA to resume operations at Sisak refinery in April

Croatia's oil and gas company INA is expected to resume refining operations at its plant in Sisak from April, Croatian...

In Hungary

Sberbank reaches 100 million active bank cards in 2014

Russian Sberbank issued 101.9 million active bank cards by the end of 2014, Rostislav Yanykin, director of the Bank Card...

Deals

Spending on TV food ads climbs 36%

Spending on television advertisements for food products in Hungary saw a rise of 36%, reaching HUF 130 bln last year,...

Telco

Masterplast’s earnings fall on Ukraine write-off

Hungarian building materials manufacturer Masterplast's net income decreased by 38%, down to €749,000, last year, an earnings report published late...

Telco

Leier Hungária expands capacity

The Hungarian unit of Austrian building materials manufacturer Leier invested HUF 2.1 bln to expand its Hungarian facility’s capacity last...

Telco

Mayor: Government agrees to take over debt repayment from BKV

The government has agreed to take over the debt repayment of the Budapest Public Transport Company (BKV), Mayor István Tarlós...

Pharma

Apollo Tyres Hungary starts recruiting

Apollo Tyres of India announced yesterday the first recruitment drive for its soon to be built greenfield unit at Gyöngyöshalász...

Debt

Morgan Stanley: Hungary’s bonds better than Poland’s

Morgan Stanley stated that it prefers Hungary's local-currency government bonds over those of Poland. Poland and Hungary continue to have...

Recycling

HUF 17.5 bln regional waste management program completed

A HUF 17.5 bln waste management program largely funded by the EU, has been completed in the Mecsek-Drava region of...

Telco

HUF 12 bln compensation available through investor protection fund

Hungary's Investor Protection Fund (Beva) has assets of HUF 12 bln to pay clients of investment fund service providers in...

Energy Trade

Orbán keen to transport gas to Hungary via Turkey

Hungarian Prime Minister Viktor Orbán on Tuesday called for efforts to ensure the transport of gas to central Europe, Hungary...

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...