HATC SAMPLE EDITION:
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21st November, 2024
Sára threatens to demolish opposition MP’s house
Government commissioner for Budapest Botond Sára, a Fidesz politician, is preparing to have independent MP Bence Tordai’s house demolished, on the grounds that it was built without a permit, and the law mandates the demolition of any house built irregularly or illegally.
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21st November, 2024
Giant Lego tram rolls into Deák tér
The team put together by Budapest mass transit company BKV, Budapest Brand and Lego has produced a life-sized Lego tram, now on display on downtown Deák tér during the Advent season.
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18th November, 2024
Bpest Airport becomes Chinese hub for East Europe
Liszt Ferenc International Airport has now become the largest storage and distribution centre in East Europe for parcel traffic from China, website 24 learned from the data of the tax authority NAV.
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18th November, 2024
Winter eviction moratorium starts
The winter moratorium on evictions from homes started on November 15 and will last until the end of April, according to the NGO Street Lawyer.
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14th November, 2024
Vogel responds to Magyar complaint
“Not long ago he wanted to put a ring on the finger of the hand which he would now put in handcuffs,” Péter Magyar’s ex-girlfriend Evelin Vogel wrote on her Facebook page on Wednesday.
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14th November, 2024
Fewer foreigners buying homes
Roughly 6,300 foreign citizens bought residential units in Hungary in 2023, which is 1,700 fewer than a year earlier, but in some districts of Budapest, one in five apartments sold went to a foreign buyer.
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14th November, 2024
Fewer foreigners buying homes
Roughly 6,300 foreign citizens bought residential units in Hungary in 2023, which is 1,700 fewer than a year earlier, but in some districts of Budapest, one in five apartments sold went to a foreign buyer.
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13th November, 2024
Jobbik wants Christmas Eve holiday
Jobbik MP Péter Balassa has submitted an amendment motion, for the fifth consecutive year, to have Christmas Eve declared a national holiday, Portfolio reports.
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13th November, 2024
Court rules in favour of fired teachers
A court yesterday awarded Ft 50 million to four teachers who had opted for “extraordinary resignation”, who were not paid overtime money which would have been roughly Ft 200,000, ATV reports.
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12th November, 2024
Wizz Air to issue more multi-flight passes soon
Wizz Air will issue All You Can Fly passes again in the coming weeks, CEO József Váradi announced on Monday, according to British media reports.
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12th November, 2024
Balaton Sound cancellation confirmed
"We announce with a sad heart that Balaton Sound will be forced to rest in 2025, so it will definitely not be staged next year," the organisers wrote on Facebook on Monday.
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11th November, 2024
Liberty Steel asks for gov’t assistance
Liberty Steel needs short-term support from the government and other stakeholders to restart production and manufacturing, the steelworks in Dunaújváros said on Saturday.
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11th November, 2024
GVH joins EU action against Temu
The Consumer Protection Cooperation Network (CPC) of the EU’s consumer protection authorities – including Hungary’s GVH – and the EC launched a joint action against Chinese online retailer Temu in order to protect consumers, the GVH announced on Friday.
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8th November, 2024
Europeans ask Trump to support Ukraine
European leaders holding a meeting in Budapest on Thursday urged US president-elect Donald Trump not to launch trade wars, to sustain the funds extended to Ukraine and abstain from disrupting the current global order, Reuters reported.
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8th November, 2024
Revamped Gellért hotel to attract wealthy Asians
The BDPST group has set its sights on rich Asians as it renovates the Hotel Gellért with plans to reopen the hotel in 2027, prime minister Viktor Orbán’s daughter, Ráhel Orbán, told a Thursday conference.
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4th November, 2024
Gattyán to buy minority stake in Playboy
Pornography entrepreneur György Gattyán will obtain a minority stake in Playboy by buying $300 million worth of shares over 15 years, according to documents filed with the SEC in the US, Blikk reports.
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4th November, 2024
Nearly 100 lawyers to give free legal advice
Nearly 100 lawyers in Budapest will be available for an entire day to provide legal assistance to those financially strapped.
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31st October, 2024
Gov’t pays above market rate for Ft 450mn property
The government has purchased a 96-square metre apartment on Budapest’s Vértanúk tér, near Kossuth tér, for Ft 450 million.
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31st October, 2024
Tchibo coffee rebrands as Eduscho
The Tchibo Family coffee brand will be replaced by Eduscho Family, a brand which is 100 years old this year, the coffee producer has decided.
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30th October, 2024
Free cash ATM limit to be increased
The monthly maximum for free cash withdrawals from ATMs will be raised from Ft 150,000 to Ft 250,000 if Parliament’s economy committee and MPs support the proposal unanimously approved in the consumer protection subcommittee on Tuesday, independent MP Bence Tordai announced on Facebook.
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30th October, 2024
Film production credit extended
The Hungarian film subsidy system has been secured for another six years, until 2030, Csaba Káel, the government commissioner for the development of the motion picture industry, announced in Los Angeles on Monday night.
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29th October, 2024
MÁV stops reporting punctuality info
After posting record low punctuality rates for July and August, state railway company MÁV has not published the September data, mass transit campaigner Dávid Vitézy noted on Facebook.
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28th October, 2024
County doubles local tax on Samsung
At the proposal of the Momentum party, the Pest county council has doubled the local turnover tax from 1% to 2% for Samsung’s EV battery factory in Göd, Magyar Narancs learned on Friday.
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28th October, 2024
New destinations for Budapest Airport
There will be nine new flights from Budapest in the winter schedule that entered into effect on October 27, the operator of Budapest’s international airport announced on Sunday.
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25th October, 2024
BDPST group renovating Hotel Gellért
The BDPST group has begun the renovation of Buda’s Hotel Gellért under comprehensive heritage protection regulations, Világgazdaság writes.
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25th October, 2024
JYSK opens 100th Hungarian store
Danish home furnishings retailer JYSK opened its 100th outlet in Hungary and its third one in Debrecen on Thursday.
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22nd October, 2024
Govt plans drastic rise in Airbnb tax
The government has initiated a compulsory social consultation on its proposed new regulation on short-term home rentals – primarily Airbnb – as part of the New Economic Policy Action Plan, the Economy Ministry said on Monday.
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21st October, 2024
State may buy collection of Munkácsy paintings
Mária Schmidt, director of the House of Terror Museum, has denied a report that the government would buy a collection of works by 19th-century painter Mihály Munkácsy.
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18th October, 2024
MNB urges Revolut to set up local unit
The MNB has again urged fintech company Revolut to establish a subsidiary in Hungary, which would allow its clients’ savings to be covered by the National Deposit Insurance Fund (OBA).
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18th October, 2024
Fekete-Győr loses MP’s seat
The Capital Court of Appeals acting as a third instance court on Thursday convicted Momentum MP András Fekete-Győr on a charge of resorting to use of force against an official perpetrated as a co-actor in a group for throwing a smoke bomb towards a police line at a 2018 demonstration outside Parliament. The verdict is final.
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17th October, 2024
Wizz Air cancels Israel flights until January
Wizz Air has cancelled all flights to and from Israel until January 14, 2025, due to the ongoing war situation in the region, the Hungarian airline announced on Wednesday.
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17th October, 2024
Munkácsy painting sells for Ft 155mn
Rendezvous at the Window, a painting by19th-century artist Mihály Munkácsy was sold for Ft 155 million at the autumn auction of the Judit Virág Gallery on Wednesday.
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16th October, 2024
Head doctor sentenced to prison for taking bribes
The Győr Court of Appeals on Tuesday sentenced a doctor to four years imprisonment for taking bribes for years, the Győr Prosecutors Office announced.
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15th October, 2024
MÁV chief promises no cutbacks of commuter trains
The shuttle trains will run according to the same timetable in 2025, just as often and with the same capacity as in 2024, MÁV group CEO Zsolt Hegyi announced in a video posted on his Facebook page at 1.08 p.m. Monday afternoon.
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14th October, 2024
Wayward bus leaves airline passengers stranded
Hundreds of Wizz Air passengers were left stranded in Dubai and others in Budapest on Friday after a bus driver ferried passengers from the terminal to the wrong plane at Liszt Ferenc airport.
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11th October, 2024
Temu becomes Hungary’s number one online retailer
Chinese e-commerce marketplace Temu has become Hungary’s leading online retailer both in volume and value, Forbes writes, citing senior analyst Norbert Madár of online market researcher GKID, which has recently been taken over by PWC.
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11th October, 2024
Budapest and Debrecen are best places to live
MBH Jelzálogbank has ranked Budapest, Debrecen, and Pannonhalma as the top three places to live in Hungary in the bank’s latest liveability index.
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10th October, 2024
Tura Castle closes as luxury hotel
BDPST, a holding company owned by István Tiborcz, is closing its five-star Botaniq Hotel in the Tura Castle, 60km east of Budapest, website 24 reports.
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9th October, 2024
GVH suspects energy drink makers of false claims
Competition watchdog GVH has launched an investigation into the Hungarian energy drink association MESZ for possibly misleading consumers in its promotional campaigns.
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9th October, 2024
Margit Island reopens after flood
Budapest mayor Gergely Karácsony announced on Monday evening that Margit Island would reopen at noon on Tuesday for the first time since the recent flooding.
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8th October, 2024
Gov’t to tighten short-term rent rules in Budapest
The government only wants to tighten short-term home rents in Budapest, the Economy Ministry said on Monday after 26 tourism associations signed a letter arguing for a compromise between a complete ban and the current regulation for Airbnb-type of rents.
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7th October, 2024
Sponsor for Hungarian cycling sought
Slovene cyclist Tadej Pogačar, winner of three of the past four Tour de France contests, was seen wearing the logo of Hungarian oil company MOL while representing his country during the World Road Cycling Championships, raising the question of why MOL is not a sponsor of the Hungarian national team.
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3rd October, 2024
Gov’t tells citizens to leave Lebanon
The Hungarian consular service has advised all Hungarian citizens in Lebanon to leave immediately via commercial flights, due to escalating military operations by Israel in Lebanese territory.
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3rd October, 2024
Euro trades over Ft 400 again
Geopolitical tensions in the Middle East have pushed Central European currencies lower, but the forint was the hardest hit yesterday, Portfolio writes.
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2nd October, 2024
Gov’t to change laws for access to Erasmus funds
The government is set to amend the law on public interest trusts to comply with EU demands for stricter conflict of interest rules for foundations that fund universities.
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2nd October, 2024
Karate coach charged with assaulting a child
Jász-Nagykun-Szolnok county prosecutors have filed charges against a 56-year-old man, identified only as Tibor A., a karate coach who kicked a seven-year-old boy in an adventure park in Szolnok on July 11.
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1st October, 2024
Residents scupper battery investment in Heves
The mayor of Heves, Sándor Sveiczer, has announced that he will terminate a pre-contract with Chinese company BYN Hungary and seek a new investor, according to Economx.
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1st October, 2024
Van-sharing service comes to Hungary
Austrian van-sharing service 123 Transporter has been launched in Hungary, allowing users to rent vans via a mobile app.
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30th September, 2024
GVH ends inquiry into footwear retailer
The Competition Office (GVH) has closed a proceeding against CCC after the footwear retailer agreed to adopt a more transparent display of its pricing.
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30th September, 2024
Locals campaign against “music road”
Newly elected local independent politician Zsolt Petrik is launching a petition to abolish the recently built “musical road” on Route 21 between Hatvan and Lőrinci, HVG reports.
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26th September, 2024
Hungary spends most on sports in EU
Hungary devoted 1.7% of all public spending to sports and leisure services in 2022, more than double the EU average of 0.8%, according to Eurostat data.
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25th September, 2024
MNB slashes growth forecasts for 2024 and 2025
The MNB expects Hungary’s economy to grow by just 1-1.8% this year, a sharp revision from the 2-3% forecast made three months ago, according to preliminary data from the quarterly inflation report to be released on Thursday.
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24th September, 2024
Hungary may get EU aid for flood costs
Hungary can bid for funds from the €10 billion made available by the European Commission for repairing damage caused by recent flooding, spokesman Stefan de Keersmaecker confirmed on Monday.
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23rd September, 2024
MTelekom undergoes IT maintenance
Some of the services of Magyar Telekom will be off for four hours between 8 p.m. and midnight Tuesday, due to scheduled IT maintenance.
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20th September, 2024
Gov’t to tighten rules on guest worker employment
The government is set to further tighten its rules on employing guest workers, according to the Economy Ministry.
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19th September, 2024
LMP to quit European Green Party
LMP will quit the European Greens Party (EGP) as recently a severe difference developed between them over electromobility and the manufacture of batteries, the Hungarian party announced on Wednesday.
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19th September, 2024
Hungary ranked tenth in EU in internet usage
Hungary ranked tenth in the EU for daily internet usage, with 88% of the population aged 16-74 using the internet regularly, according to a study by the national media and infocommunications authority NMHH.
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