Latest news in Hungary - 19 Oct 2024

- District Heating Activated in Budapest: District heating has been activated for 241,000 apartments and 7,000 institutional clients in Budapest as of mid-October. This year, FŐTÁV invested 2.3 billion forints to upgrade the heating network. Residents can now enjoy warmth just in time for the colder months. Read more here

- New Cybersecurity Regulations for Businesses: Thousands of mid-sized and large firms in high-risk sectors must comply with new EU cybersecurity regulations (NIS2) by December 31, 2025. Companies are required to conduct audits and adhere to standards that aim to enhance cybersecurity efforts. Read more here

- Upcoming By-Election in Dombóvár: A by-election is set for early next year in Dombóvár following the passing of Fidesz MP Potápi Árpád János. This election is particularly noteworthy as it could see the Tisza Party challenge Fidesz's longstanding hold on the area. Read more here

- Szeged Sells Land for New BYD Factory: The municipality of Szeged has sold a 161-hectare plot to the Chinese BYD company for nearly 12 billion forints to build a new car factory. Preparatory work has already commenced, reflecting local support for the investment. Read more here

- New Traffic Code Under Review: Hungary is overhauling its Traffic Code with expected changes to enhance safety for pedestrians, cyclists, and motorists. Adjustments include yielding rules for merging vehicles and a proposed increase in minimum highway speeds. The new regulations aim to modernize the road laws by 2025. Read more here

- Political Tensions in XVII District Over Fidesz Appointments: The XVI District's Fidesz Mayor has faced backlash over appointing affiliates, including family members, to municipal positions. This move has drawn attention from opposition parties and highlights ongoing political strife within local governance. Read more here

- Concerns Over Budapest's Bike Lanes: Budapest's new protected bike lanes face obstruction from delivery vans, forcing cyclists into traffic. Authorities claim illegal parking in bike lanes is an issue, highlighting a need for better infrastructure and designated loading zones to improve safety. Read more here

- Hungarian Retirees Finding Happiness in Spain: Many Hungarians are relocating to Spain for a better quality of life, with retirees enjoying comfortable living on about €1,000 a month. The welcoming communities and accessible healthcare add to the appeal of this shift. Read more here