Weather

Weather

Wind storm damage may amount to HUF 1 bln

Nearly 10,000 claims were received by insurers following last week’s storms. The companies estimate that, in the coming weeks, the...

Weather

2019 hottest year in Hungary since 1901

Last year was the hottest year in Hungary since 1901, the weather service said, with the national daily mean temperature...

Weather

MCI Group sells Netrisk stake for EUR 55 mln

MCI.EuroVentures, a fund of Warsaw-based private equity firm MCI Group, has sold a stake in Hungarian insurance broker Netrisk to...

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Insurersʼ revenue from premiums climbs 8% in Q3

Third-quarter revenue from premiums of Hungarian insurers rose 8.1% year-on-year to HUF 270.7 billion, state news wire MTI reports citing...

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Tokaj Wineries a Happy Bunch With This Year’s Vintage

Although Tokaj’s terrific terroir has been progressively turned to making dry wine with increasingly impressive results, the botrytized sweet stuff...

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Brand Building: 2019 Looking Good Thus Far

The fall tasting season has sparked into action, with plenty going on beyond the walls of the Buda Castle, site...

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OMSZ: Hurricane Dorian could head for Europe

Hurricane Dorian, the now weakening storm that battered the Bahamas and is affecting the southeastern coast of United States, may...

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Vintners expect 300 mln liters of 2019 wine

Hungarian vintners will harvest nearly 500 million kg of grapes this year, from which they expect nearly 300 million liters...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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,...

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...

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....

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...