Construction

Construction

Évosz: Construction Sector Output to Perform at 2023 Level

The construction industry is expected to perform at the level of 2023 again this year, so, at current prices, construction...

Construction

Hungary’s Construction Output Declines 0.5% Year-on-Year in October

Hungary’s construction output volume declined by 0.5% in October 2024 compared to the same month last year, according to raw...

Construction

Competition Office Fines Construction Firms Over Cartelling Activity

Hungary's Competition Office (GVH) has fined two units of the Homlok group HUF 1.2 billion for colluding in a public...

Construction

Gov’t to Launch HUF 200 bln Housing Development Scheme

Hungary’s National Economy Minister Márton Nagy announced on Monday the launch of a HUF 200 billion capital program in March...

Construction

Hungary’s Construction Output Falls 8.2% in September

Hungary’s construction output volume dropped 8.2% year-on-year in September 2024, according to raw data from the Central Statistical Office (KSH)....

Construction

Rural Growth Bolsters Hungary’s Declining Housing Starts

Hungary's housing completions declined by 19% in the first three quarters of 2024, with new construction in Budapest and key...

Construction

Construction Industry Ready to Play ‘Active Role’ in Stimulus Plan

Hungary's construction industry can play an "active role" in the implementation of government measures to boost economic growth, industry association...

Construction

Hungary’s Construction Output Falls in August

Hungary’s construction output decreased by 6% year-on-year in August 2024, according to data released by the Central Statistical Office (KSH)....

Construction

Hungary’s Construction Activity Falls in July

Hungary’s construction sector saw a 6.2% decline in output in July 2024 compared to the same period last year, according...

Construction

Évosz Advocates Allowing Use of Pension Savings for Home Purchase, Renovation

The National Federation of Hungarian Building Contractors (Évosz) said it advocated allowing Hungarians to use their savings in voluntary pension...

Construction

Construction Sector Seeing Significant Layoffs

20,000 people have already been laid off from the construction industry compared to last year, the president of the Trade...

Construction

Hungary’s Construction Sector Performance Mixed in June

The Central Statistical Office (KSH) released its latest data on Hungary's construction sector, revealing a mixed performance with an overall...

Construction

Housing Construction Slump Continues in H1 2024

The housing construction sector in Hungary continues to face a notable downturn, as highlighted by the latest data from the...

Construction

Masterplast Losses Narrow in Q2

Listed building materials maker Masterplast booked a net loss of EUR 1,790,000 for the second quarter, improving from a EUR...

Construction

Hungaroring Upgrade Set to Finish by Spring of 2026

A HUF 105 billion upgrade of the Hungaroring race track on the outskirts of Budapest is planned to be completed...

Construction

AI Advice Could Prove Costly in Home Renovations, Mapei Survey Finds

Nearly three-quarters of construction professionals have encountered clients who used AI to check or challenge their professional recommendations, work or...

Hungarian Construction Output Falls 12.2% in July

Hungary's construction output fell 12.2% year-on-year in July and declined 4.6% from June after seasonal and working-day adjustments, the Central...

Construction Sector Hits Multi‑year Low

Hungary's construction industry fell sharply in Q2 2026, with only HUF 470 billion worth of new projects launched, roughly half...

Bayer Construct Files for Bankruptcy Protection Amid Zugló Project Dispute

Bayer Construct Zrt. filed for bankruptcy protection on Wednesday, citing financial exposure linked to recent regulatory changes, the govt’s decision...

AI Advice Could Prove Costly in Home Renovations, Mapei Survey Finds

Nearly three-quarters of construction professionals have encountered clients who used AI to check or challenge their professional recommendations, work or...

Hungary Homebuilding Rises 22% in H1 2026, Permits up 29%

A total of 6,278 new homes were completed in Hungary in H1 2026, 22% more than a year earlier, while...

One in Three Hungarians Would Build Own Home, Survey Shows

Nearly one-third of Hungarians would build their own family home if money were no object, but uncertainty around costs and...

Construction Output in Hungary Falls Significantly in May

Construction output in Hungary fell by approximately 10.7% year-on-year in May 2026, according to raw data released by the Central...

Hungary Construction Output Rises 2.6% in April

Hungary’s construction output rose 2.6% year-on-year in April, according to raw and working-day adjusted data published by the Central Statistical...

Construction Output Rises in March, but Quarterly Performance Remains Weak

The construction sector showed signs of recovery in March, with output increasing, although overall performance for Q1 remained in decline,...

Housing Construction Edges up as Permits Surge in Q1

Hungary’s housing market showed generally improving dynamics in Q1 2026, with a modest rise in completed dwellings and a sharp...

Construction Output Edges Lower as New Orders Drop Sharply

Hungary’s construction sector showed mixed signals in February, with output edging down slightly year-on-year but rebounding on a monthly basis,...

20% of New Hungarian Homes Use Lightweight Construction

Lightweight construction has expanded in Hungary, rising from 3% of new family homes in 2021 to more than 20% by...

Hungary Home Completions Fall 9.3% in 2025 as Building Permits Jump 37%

Hungary saw a decline in newly completed homes in 2025 even as the number of approved residential projects surged, according...

Masterplast Announces Strengthened Focus on Glass Wool Production

Masterplast has scrapped plans for a stone wool plant and will continue to focus on glass wool production, following a...