Agriculture

Crops

Annual pear yields falling

The annual yield of pear production has fallen to 33,000 tonnes in recent years, from an earlier average of 40,000...

Weather

Hungary especially endangered by drought, WWF says

Hungary is the 16th most endangered country in terms of damage caused by drought as a consequence of climate change,...

Land

Paprika industry struggling with cheap imports

The paprika industry in Hungary is facing serious challenges due to the cheapness of imports of the ground spice, with...

Crops

Plum harvest to reach healthy 60,000 tonnes

Hungaryʼs plum harvest is set to reach 60-65,000 tonnes this year, making it slightly better than average, Ferenc Apáti, vice-president...

Weather

Summer storms cause HUF 2 bln damage to insurers

Hungarian insurance companies are likely to have to pay out up to HUF 2 billion due to damage caused by...

Weather

Generali buys ERGOʼs Hungarian insurance portfolio

Within the framework of a transaction first announced on April 2 by the Generali Group, Hungarian insurance unit Generali Biztosító...

Crops

Watermelon exports skyrocketing

Thousands of tonnes of Hungarian watermelons are being exported to regional peers, business daily vg.hu reported. Demand for high-quality Hungarian...

Weather

Crop quality deemed average in 2019

The barley and rape crops are of lower quality than last year, and while wheat quality is adequate, the toxin...

Land

Heineken, ministry back hop growing in disadvantaged region

The hop-growing territory around the village of Kastélyosdombó in Somogy County (SW Hungary) is to increase by 20 hectares thanks...

Weather

Storms in May-June cause significant damage

Storms raging in May and June caused significant damage to households, with 2,900 reports submitted to K&H Insurance alone, and...

Weather

Harvest season to start late this year

The harvest season, traditionally beginning with the harvest of barley, will start at least two weeks later in 2019, for...

Crops

Weaker watermelon yield expected

The main watermelon harvest in Hungary is expected at the end of this week and early next week, with fruit...

Weather

Risk Benefits to Using Transactional Insurance in M&A Transactions

I’ve been a transactional lawyer for 13 years, and the first time I encountered transactional insurance was in 2011. Until...

Crops

Real Estate Sector Rules Moderating M&A Sector in 2018, Says EY

Although the mergers and acquisitions market appeared to be moderating in 2018, the number of foreign investors grew compared to...

Crops

Size of Markets and Trading Volumes

The previous article in the series gave an overview of the various asset classes, and typical risk/return relationships. In this...

Agriculture

Dairy Industry Faces Deepening Crisis

Hungary's dairy sector has reached a critical turning point in 2026, as profitability pressures, extreme price volatility, and changing consumer...

Weather

Nine-Year-Old Budapest Wind Record Broken on Monday

A wind gust of 92.9 km/h measured on János Hill early Monday set a new Budapest record for September 21,...

Weather

Hungary, Budapest Heat Records Broken on Wednesday

Hungary's and Budapest's early morning and the capital's daytime heat record were broken on Wednesday as a warm front preceded...

Weather

Budapest Heat Record Broken as Temperature Reaches 37.5 C

Budapest's heat record for Aug. 20 was broken Thursday afternoon after a temperature of 37.5 degrees Celsius was measured at...

Agriculture

Frost and Drought Devastate Hungary’s Fruit and Vegetable Sector

Hungary’s fruit and vegetable sector is facing HUF 100–150 billion in weather-related losses as frost, drought and extreme heat drive...

Weather

Budapest Early-Morning Temperature Record Broken, Daily Record Matched on Tuesday

Budapest’s early-morning temperature was at a record high and earlier daily record was matched in the afternoon on Tuesday, the...

Weather

Budapest Hits 41.6 C as Hungary Breaks Multiple Heat and Wind Records

Several heat records, along with a wind-speed record, were broken Thursday, weather service HungaroMet said on Facebook, citing preliminary data....

Dairy Industry Faces Deepening Crisis

Hungary's dairy sector has reached a critical turning point in 2026, as profitability pressures, extreme price volatility, and changing consumer...

Nine-Year-Old Budapest Wind Record Broken on Monday

A wind gust of 92.9 km/h measured on János Hill early Monday set a new Budapest record for September 21,...

Hungary, Budapest Heat Records Broken on Wednesday

Hungary's and Budapest's early morning and the capital's daytime heat record were broken on Wednesday as a warm front preceded...

Danube Water Level Hits Record Low of 1 Centimeter at Budapest Gauge

The Danube’s water level fell to a historic low of 1 centimeter at the Budapest gauge on Tuesday amid drought...

Hungarian Agricultural Concentration Accelerates, 35,000 Farms Disappear in 3 Years

Hungary's agricultural sector has undergone rapid consolidation, with the number of agrarian farms dropping by 41% over the past 10...

Strong Winds Topple Trees, Damage Power Lines Across Hungary

Strong winds toppled trees and broke branches across several Hungarian counties on Saturday, damaging cars, buildings and utility lines, the...

August 2026 Was Hungary’s Hottest Month Since 1901

August 2026 was Hungary’s hottest month since 1901, with a national average temperature of 24.9 C, 3.7 C above the...

Budapest Heat Record Broken as Temperature Reaches 37.5 C

Budapest's heat record for Aug. 20 was broken Thursday afternoon after a temperature of 37.5 degrees Celsius was measured at...

Heatwave Returns to Hungary as Nationwide Alert Issued Through Sunday

Hot weather is set to return to Hungary once again, prompting the chief medical officer to issue a second-level heat...

Frost and Drought Devastate Hungary’s Fruit and Vegetable Sector

Hungary’s fruit and vegetable sector is facing HUF 100–150 billion in weather-related losses as frost, drought and extreme heat drive...

Budapest Early-Morning Temperature Record Broken, Daily Record Matched on Tuesday

Budapest’s early-morning temperature was at a record high and earlier daily record was matched in the afternoon on Tuesday, the...

Budapest Hits 41.6 C as Hungary Breaks Multiple Heat and Wind Records

Several heat records, along with a wind-speed record, were broken Thursday, weather service HungaroMet said on Facebook, citing preliminary data....

Heatwave Fuels Stubble, Forest and Scrub Fires Across Hungary

Firefighters were battling stubble, forest and scrub fires across four Hungarian counties Thursday as prolonged heat and drought continued to...

Hungary Battles Nearly 400 Outdoor Fires as Heat Records Fall Again

Firefighters have responded to nearly 400 outdoor fires across Hungary since the heat alert was declared July 30, as prolonged...