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Generali Group premiums revenue climbs to HUF 121 bln in 2015

The Generali Group in Hungary saw revenue from insurance premiums rise 4.7% to HUF 121 bln last year, the firm...

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MNB could introduce cost limits on unit-linked life insurance products

The National Bank of Hungary (MNB) is considering imposing strict limits on the fees of non-pension-based unit-linked insurance products insurers...

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ULT Magyarország to buy less tobacco this year

Hungarian tobacco processor Universal Leaf Tobacco Magyarország is planning to reduce its tobacco-growing areas this year, as well as the...

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VIG premiums revenue in Hungary reaches HUF 63-65 bln

Austriaʼs Vienna Insurance Group (VIG) had annual revenue of HUF 63-65 bln from premiums in Hungary, the management of the...

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Report: Hungarians tend to buy travel insurance at last minute

On average Hungarians spent HUF 540 forints a day on travel insurance last year when traveling out of country, on...

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MNB: New insurance act contains consumer-friendly amendments

The new insurance act, effective as of January, contains several new consumer-friendly provisions while also strengthening the National Bank of...

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KSH: Hungary’s cereal production suffers due to bad weather in 2015

The amount of cereal produced in 2015 dropped 15.7% as compared to the previous year, and was 2.6 million tons...

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MNB sets standardized gauge for life insurance policy holders

The National Bank of Hungary (MNB) is establishing standardized minimum requirements for life insurance company questionnaires used to assess the needs of...

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Hungarian fruit, vegetable harvest slips half a million tons under record

Hungaryʼs fruit and vegetable farmers harvested about 2.5 million tons of produce this year, some 500,000 less than last yearʼs...

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Grain harvest falls on bad weather

Grain harvest in Hungary saw a decrease to approximately 13.5 million tonnes this year, down from last year’s 16.3 million,...

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MOLʼs retail sales up 16% in Q1-Q3 in Romania

Retail sales of fuels and lubricants saw a year-on-year rise of 16% in the first three quarters of the year...

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Hot summer hurts Hungary’s corn harvest

The summerʼs extremely hot weather has reduced this year’s corn harvest in Hungary to approximately six million tons, Minister of...

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Wine agribusiness targets 10% revenue rise

Hungarian agribusiness Ostoros-Novaj Bor is targeting a 10% revenue rise this year over last yearʼs HUF 1.6 bln, according to...

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Storm damage claims could cost hundreds of millions of HUF

Claims on damages resulting from a storm that flooded Budapest’s streets and hit the rest of the country on Tuesday evening...

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Report: Hail storms cause HUF 2 bln in damages for farmers in July

Summer hail storms caused more than HUF 2 bln in damages for farmers in July, Hungarian economic daily Világgazdaság reported...

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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,...

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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...

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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...

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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....

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...

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...

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...

Hungary Ranks Among Europe’s Hottest Countries on Monday

Hungary was among the hottest countries in Europe on Monday, setting new temperature records as water levels at the Paks...

Hungary Tightens Energy Rules as Heat Records Fall, Budapest Water Supply Remains Stable

Hungary introduced stricter measures over the weekend as extreme heat, record-low Danube levels and power grid pressure prompted renewed calls...

Red Code Takes Effect as Hungary Faces Severe Heatwave

Hungary’s “red code” heat emergency takes effect today as the country braces for several days of extreme temperatures, Social and...