AGP Executive Report
Last update: 10 hours agoEconomic Growth: Hungary’s GDP grew 1.5% year on year in the third quarter, with industry offsetting drought-hit agriculture, though quarterly expansion remained weak. Tourism and Construction: Budapest’s hotel market is set for 1,850 new rooms in 2026, as rising visitor numbers draw developers toward upscale projects. Energy Security: Hungary and the US signed deals to expand American oil and gas supplies and cooperate on energy infrastructure; Egypt and Hungary are also exploring gas transport and LNG links. Industrial Investment: Coca-Cola HBC Hungary announced a record HUF 35 billion expansion at its Dunaharaszti bottling plant. MOL opened its first Hungarian biomethane plant in Szarvas, investing more than HUF 2.7 billion to turn meat-industry and agricultural waste into gas for the national network. Clean-Energy Upgrades: A new Hungarian programme offers grants and loans covering up to 95% of home solar and heat-pump upgrade costs.
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