Economy - Budapest Business Journal

Economy

Energy Trade

E.ON Launches HUF 230 bln Grid Upgrade to Support Hungary’s Energy Transition

E.ON Hungária Group has launched a nearly HUF 230 bln electricity network development program that will create 2,323 MW of...

Trade

Hungary Posts EUR 481 mln Trade Deficit as Import Volumes Jump 13%

Hungary recorded a EUR 481 million goods trade deficit in August as import volumes rose 13% year-on-year while export volumes...

Energy Trade

E.ON Launches HUF 230 bln Grid Upgrade to Support Hungary’s Energy Transition

E.ON Hungária Group has launched a nearly HUF 230 bln electricity network development program that will create 2,323 MW of...

Ratings

Bayer Construct Gets Default Ratings After Bankruptcy Protection Filing

Scope Ratings has assigned default ratings to Bayer Construct following its bankruptcy protection filing, citing financial pressure linked partly to...

Analysis

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...

Figures

Hungary Lifts Debt Issuance Plan to HUF 8.7 tln as Financing Needs Grow

Hungary’s Gov't Debt Management Agency (ÁKK) has raised its 2026 net issuance target to HUF 8.717 tln, citing a larger-than-expected...

Hungary’s Business Confidence Improves in September

Hungary Could Adopt Euro in 2033 at Earliest, Equilor Says

EBRD Maintains Hungary Growth Forecast at 1.8% for 2026

Former Central Bank Governor Matolcsy Questioned as Suspect in Erste Case

MNB to Lower Inflation Target to 2.5% From 2028, Holds Base Rate at 5.5%

Nine-Year-Old Budapest Wind Record Broken on Monday

Naftogaz, MOL Sign MoU on Fuel Storage in Hungary for Ukraine

Net-zero Transition Becoming a Core Banking Issue

Hungary Can Secure Gas Supply Without Russian Imports, Kapitány Says

Cash Flow Under Pressure: How Factoring Supports Business Resilience

MBH Forecasts 1.8% Hungarian Growth and Inflation as Consumption Supports Recovery

Hungary’s Average Gross Earnings up 7.5% in July

Hungary Posts EUR 481 mln Trade Deficit as Import Volumes Jump 13%

Hungary recorded a EUR 481 million goods trade deficit in August as import volumes rose 13% year-on-year while export volumes...

Bayer Construct Gets Default Ratings After Bankruptcy Protection Filing

Scope Ratings has assigned default ratings to Bayer Construct following its bankruptcy protection filing, citing financial pressure linked partly to...

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...

Hungary Lifts Debt Issuance Plan to HUF 8.7 tln as Financing Needs Grow

Hungary’s Gov't Debt Management Agency (ÁKK) has raised its 2026 net issuance target to HUF 8.717 tln, citing a larger-than-expected...

Hungary’s Business Confidence Improves in September

Business sentiment improved in Hungary in September, while consumer confidence remained largely unchanged, according to a monthly survey by economic...

Hungary Could Adopt Euro in 2033 at Earliest, Equilor Says

Hungary could adopt the euro in 2033 at the earliest, with high public debt and a substantial budget deficit posing...

EBRD Maintains Hungary Growth Forecast at 1.8% for 2026

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary’s economy will expand by 1.8% in 2026 and 2.5% in...

Former Central Bank Governor Matolcsy Questioned as Suspect in Erste Case

Police have questioned seven suspects, including former National Bank of Hungary Governor György Matolcsy, in an investigation into alleged abuse...

MNB to Lower Inflation Target to 2.5% From 2028, Holds Base Rate at 5.5%

The National Bank of Hungary (MNB) will lower its inflation target to 2.5% from Jan. 1, 2028, while retaining its...

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,...