transport

Hungary pushes for Austria-Hungary motorway link amid Burgenland election talks

Hungarian motorway

Completing a 10-kilometre link between Hungary’s M85 road and Austria’s A3 motorway is “of practical importance rather than a matter of party politics or ideology”, Gergely Gulyás, the head of the Prime Minister’s Office, said after talks with Norbert Hofer, regional election candidate of the Austrian Freedom Party (FPÖ) for Burgenland province, in Vienna on Wednesday.

Gulyás said the link was crucial for both countries, adding that the Hungarian government was seeking “allies in potential partners such as FPÖ and the regional government”. According to Gulyás, Hungary has completed M85 up to the Austrian border but “for reasons that are difficult to explain the Austrian side stopped construction at Eisenstadt and invariably citing environmental arguments they would not go on constructing the link despite earlier pledges by the incumbent regional leadership.”

Gulyás said he trusted that “whoever is in power after Sunday’s election in Burgenlad will see how important the missing link is for the Sopron region in Hungary as well as for Burgenland.” Gulyás welcomed that FPÖ won the national elections in Austria last September and was eventually requested to form Austria’s next government. He said he hoped Austria would soon have a stable FPÖ-ÖVP (Austrian People’s Party) to join Europe’s sovereigntist governments. Hofer said the road link would be “of European importance” and could reduce the traffic in small settlements on either side of the Austria-Hungary border. “Reduced traffic could improve the quality of life, and promote mobility and economic ties,” he added.

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Featured image: illustration, depositphotos.com

Breaking: Taxi strike in Budapest – Drivers rally for fairer policies

Hungarian taxi Budapest traffic taxi strike in Budapest

The upcoming taxi strike in Budapest on 15 January will see drivers gather to push for fairer taxation, safer transport, and improved living standards. Led by the Taxis’ Interest Group, the demonstration highlights the urgent need for policy changes and constructive dialogue with the Ministry of National Economy to support small businesses and ensure the sustainability of the profession.

Fairer policies as safer transport

As 24.hu writes, on 15 January, the Taxis’ Interest Group is set to stage a demonstration, with reports suggesting it will take place at Heroes’ Square in Budapest. The taxi strike in Budapest aims to address pressing issues such as fair taxation, greener and safer transport, better job opportunities, and improved living standards for taxi drivers. According to the demonstrators, meaningful dialogue with the Ministry of National Economy is critical to achieving these goals, including access to subsidies and preferential loans for small businesses.

Hungarian taxi Budapest traffic taxi strike in Budapest
Source: depositphotos.com

What do drivers want to achieve with the taxi strike in Budapest?

The organisation dealing with advocacy for taxi drivers is also calling for revisions to Hungary’s tax policies, emphasising the need to support small businesses. Despite submitting detailed proposals to various ministries and the Budapest Mayor’s Office, they claim their concerns have been largely ignored. Key demands include adjusting the tax exemption threshold to reflect the current economic climate, opposing inflationary taxes, limiting the number of taxis in the capital, and improving transport safety. The Taxis Drivers’ Interest Group hopes the demonstration will amplify their calls for a more equitable and sustainable future for the profession.

taxi drivers for health care
Photo: www.facebook.com/Budapest Images

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Featured image: depositphotos.com

New rules for Hungarian motorway vignettes in 2025 – How to avoid surcharges

Hungarian motorway

With 2025 changes to Hungarian motorway tolls, buying the right e-vignette on time is crucial. Keep reading to learn how to avoid hefty fines and make the most of your Hungarian motorway journeys.

Rising motorway tolls, information about the vignettes

As we have reported HERE, Hungarian motorway tolls changed this year. Magyar Nemzet writes that 2025’s significant changes to Hungarian motorway rules and pricing will affect toll vignettes, making it more important than ever to purchase an e-vignette and avoid surcharges. The annual national vignette remains a cost-effective option, providing coverage for all toll roads in Hungary and being valid from the date of purchase until 31 January 2026.

For frequent travellers, the national vignette is the best choice, offering a one-off expense for easier travel planning. The county vignette, however, only covers specific regions. Additionally, the e-vignette is valid from the purchase date, except for payments via bank transfer, where it starts on the payment receipt date. Staying updated on the current toll rules and prices is crucial to avoid unexpected fees when using the Hungarian motorway network. For the latest information, visit autopalyamatrica.com.

Hungarian motorway
Photo: depositphotos.com

How to avoid surcharges

Under the current legislation, when using the Hungarian motorway network, toll vignettes must be purchased before entering a toll section. Failing to do so will result in a surcharge, although there is a 60-minute grace period allowing drivers to buy a vignette within one hour of entering the toll road without penalty. If the vignette is purchased late, or if an incorrect category is selected, drivers face a surcharge. The amount depends on whether the surcharge is paid within 60 days or after.

Within 60 days, the surcharge is HUF 26,640 (EUR 64.42), after 60 days, it’s HUF 91,780 (EUR 221.93). However, drivers can reduce the fine by paying the difference if they opt for a lower category of vignettes. If an annual national vignette is purchased within 75 days of the notice, the surcharge can be avoided, provided the request is made in writing or in person at the National Toll Payment Service Ltd (Nemzeti Útdíjfizetési Szolgáltató Zrt.).

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Featured image: depositphotos.com

Attention: Speed limit reduced on Budapest’s Buda lower embankment

buda lower embankment reduced speed limit bkk (1)

Starting this Friday, the maximum permitted speed on nearly the entire stretch of Budapest’s Buda lower embankment, from Tímár Street to the Rákóczi Bridge, will be reduced to a uniform 50 km/h (31 m/h). The measure, announced by the Budapest Transport Center (BKK) on Thursday, aims to enhance road safety and reduce accidents.

Enhancing safety with lower speed limits

The decision aligns with the traffic safety strategy adopted by the Budapest City Council. Between 2019 and 2023, 51 traffic accidents involving personal injury occurred along this stretch, including one fatality, 15 serious injuries, and 35 minor injuries. Additionally, the embankment sees heavy pedestrian traffic near popular tourist destinations like the Angelo Rotta Promenade and the A38 Ship, BKK writes.

The new speed limit will replace the previous mix of 70 km/h and 50 km/h zones along the 8-kilometer section. The only exception will be around the designated pedestrian crossing and bike path near Nagyszombat Street, where a lower speed limit of 40 km/h will remain in effect.

Minimal impact on travel times

BKK emphasised that the change will have little effect on travel times, as congestion during the day already limits speeds to around 50 km/h or less. Travel times on the embankment are primarily influenced by the capacity of intersections and traffic volume. During off-peak hours at night or early morning, when 70 km/h was previously possible, the new limit is expected to significantly reduce noise pollution.

Data-driven planning for safer roads

The speed limit reduction was carefully planned, incorporating insights from BKK’s predictive modelling system. This artificial intelligence-based tool analysed five years of data to identify high-risk areas where speed limits contribute significantly to collision risks. The model’s recommendations helped prioritise this intervention as part of broader efforts to ensure safer roads for all users, including pedestrians.

BKK underscored that the measure could save lives, particularly those of vulnerable road users, and aligns with the city’s broader commitment to traffic safety. The change is expected to improve not only safety but also the overall experience for residents and visitors along the Buda lower embankment.

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Next-gen trams hit the streets of Budapest: New CAF fleet begins testing, here’s where to meet them

caf new tram fleet budapest (1)

Budapest’s public transportation system is getting a major upgrade with the introduction of the new CAF trams. These modern, low-floor vehicles have started their initial testing phase, and they will be ready for passengers once they successfully complete the required 1,000-kilometer trial runs and pass all necessary inspections by transport authorities. Check out a gallery of the photos taken of the new CAF trams below!

The CAF fleet, which consists of 51 new trams, will significantly increase the proportion of low-floor trams in Budapest, from the current 30% to nearly 40%, BKK reports. The first of these trams has already begun testing without passengers, as part of the rigorous vetting process, which includes checking critical systems like brakes, air conditioning, and software for door operations.

These high-tech trams, manufactured in Zaragoza, Spain, are designed with an upgraded climate control system and a newly developed, more efficient body structure. The new vehicles offer a more comfortable ride, with enhanced features compared to the older CAF trams already in use in the city.

Following successful testing, the trams will undergo a mandatory 1,000-kilometer trial run. Once this is completed, along with flawless performance during an official inspection, the trams will be handed over to the Budapest Public Transport Center (BKK) and enter passenger service. Initially, the new vehicles will operate on the southern Pest lines, where they will boost the number of low-floor trams, making public transport even more accessible to all passengers, including those with mobility issues.

Ongoing fleet renewal

As part of an ongoing fleet renewal program, the addition of these new CAF trams will also allow for an expansion of low-floor vehicles on existing routes. The upgrades will affect the following tram lines in the future: 1, 14, 42, 50, and 69. Furthermore, with the full deployment of all 51 new trams, the modern vehicles will be seen on the 2, 23, and 24 tram lines, as well as the 51A and 62 lines—assuming that necessary EU funding and infrastructure improvements are secured.

The full fleet is expected to be in service by the end of 2026, with plans for even more modern trams to be added to the city’s transport network in the coming years. In fact, the BKK is already working on a tender to bring over 100 additional new trams to Budapest by 2030. With these updates, Budapest’s public transportation is set to become more efficient and comfortable, providing a state-of-the-art travel experience for residents and visitors alike.

Photo gallery

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Delayed train or bus in Hungary? Get half your ticket back!

máv public transport upgrade lázár bus train

In an effort to improve the quality of public transportation in Hungary, significant upgrades have been announced by Minister of Construction and Transport János Lázár. Starting 1 June, a new “delay insurance” policy will be introduced across MÁV (Hungarian State Railways) and Volán buses. Under this policy, passengers will receive half of their ticket price refunded if their train or bus is delayed by more than 20 minutes, with no paperwork or proof required from the passengers. Those who purchased tickets online will receive an automatic refund, while those with paper tickets can claim their refund at ticket counters.

Refunds on ticket prices, discount on passes

Additionally, MÁV season ticket holders will also benefit from this initiative. If their service is delayed five times in a month, they will receive a 10% discount on their next month’s pass. To make use of this, passengers will need to enable the delay insurance feature in the MÁV app. According to Economx, as part of a broader effort to enhance the overall travel experience, Lázár also announced plans for a major overhaul of public transport services by 2026. By 1 January 2026, all MÁV and Volán Group restrooms will be renovated, with a focus on improving hygiene standards. These restrooms will be free to use for passengers who have a valid ticket or pass. In addition, MÁV will deploy cleaning staff on all InterCity trains starting 1 April 2025, to maintain cleanliness during travel.

Renewing the bus and train fleet

To further improve the fleet, Hungary plans to purchase 1,000 new buses by 2026, expanding the existing fleet of 5,700 Volán buses. Additionally, the MÁV locomotive fleet will be upgraded, with 40 new electric locomotives and 15 high-performance diesel locomotives scheduled to enter service by the summer of 2025. The government also aims to reduce the shortage of InterCity carriages by adding 100 new cars during the peak summer season. Moreover, a new service called “MÁV Bus” will operate alongside trains to accommodate overcrowded routes.

For example, if a train from the Déli railway station is full, passengers will be directed to a MÁV Bus that will take them to their destination.

Passengers will also be able to choose whether they travel on air-conditioned trains or buses, as the government ensures that either option is available on all routes. In addition, the MÁV+ app will be revamped, offering expanded features such as the delay insurance system, set to launch in April 2025. With these extensive reforms, Lázár aims to provide a more reliable, cleaner, and modern public transport system for Hungarian travellers.

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New motorway to be built in southern Hungary

Motorway vignette Hungary

The project, cancelled two years ago, could now be realised. 37 kilometres of road is to be built.

According to instructions published in the Official Gazette of the Ministry of Construction and Transport (OMT), a public tender will soon be launched to design the M60 section between Pécs and Szigetvár, the Baranya county news portal reports.

According to the official justification, the preparations for the construction of the expressway between Pécs and Szigetvár were suspended in 2023 based on a government decision on the budgetary measures necessary to protect the reduction of the electricity bill and to meet defence objectives during the war in Hungary’s neighbourhood.

The construction permit for the 37-kilometre-long section of the road, which was planned to have two lanes with paved embankments on both sides and a central dividing lane with a speed limit of 110 kilometres per hour, was already available. Still, the next step, the preparation of the design, was not completed.

Following a decision recently published in the Official Journal, a conditional procedure for preparing the design will be launched by 31 March at the latest, details HERE.

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Huge construction project begins on Hungary’s southern border

Röszke crossing is crowded. Serbia-Hungary border: heavy truck traffic

Construction work on the Hercegszántó-Béreg (Backi Breg) border crossing point on the main road 51 is about to start. Once completed, the road will be open to vehicles heavier than 3.5 tonnes at the Serbian-Hungarian border.

On the Hungarian-Serbian border, there are currently border crossing points at Hercegszántó, Bácsalmás, Tompa, Röszke, Ásotthalom, Bácsszentgyörgy, Tiszasziget and Kübekháza, while the closest border crossing point on the Hungarian-Croatian border is at Udvar. Most of these – Tompa, Röszke, and Hercegszántó – only accept crossers at certain times, while the border crossing for goods traffic is only possible at Tompa, Röszke, and Udvar.

One of the main objectives of the development is to significantly reduce the load on the Tompa and Röszke crossings, magyarepitok.hu reported.

According to the notice published in the EU’s public procurement notice, a really busy border crossing is planned: 2×2 freight lanes on both the exit and entry sides and the same number of bus lanes. There will be 2×4 control lanes for cars, and the project also includes the construction of traffic corridors for pedestrians and cyclists.

hercegszántó
Source: police.hu

The border crossing will also be upgraded to allow the free passage of oversized vehicles.

New Danube bridge connection

As previously reported, construction has started on 28.8 km of main road between Highway 51 and the M6 motorway, of which the new 756-metre-long Mohács Danube Bridge will be part. It is planned to have 2×2 lanes between the M6 and the bridge and 2×1 lanes between the bridge and the 51 motorway, but this could be upgraded to 2×2 in time.

In April last year, Duna Aszfalt Plc. won the contract to build the new Mohács Danube Bridge, and preparatory work has already started on the route and is expected to last until autumn 2028.

The development of the road and the border crossing together will also mean that part of the transit traffic from Western Europe to Serbia will no longer have to burden the M5 motorway but can take the much less busy M6 motorway and cross into Serbia via the new bridge at the Hercegszántó-Béreg (Backi Breg) border crossing.

Related article: Momentous construction to begin soon on Hungary’s southernmost Danube bridge

Read also: Historic moment: Border opens between Romania and Hungary

Motorway tolls are rising in Hungary – Here’s how it affects you!

matrica motorway vignette sticker highway hungary

From 1 January 2025, the price of motorway stickers in Hungary increased. According to the National Toll Payment Services Ltd., the cost of an annual vignette for a standard car will rise from HUF 57,260 (EUR 138) to HUF 59,210 (EUR 143).

Annual vignettes remain valid until 31 January of the following year, and new vignettes can be used starting from the first day of the year. According to Pénzcentrum, the price increase forms part of the regulation of the user-charge toll system, as stipulated in ITM Decree 45/2020 (28.XI.).

matrica motorway vignette sticker highway hungary
Source: Magyar Közút

Rules for the e-vignette toll system

The e-vignette system permits the use of motorways, expressways, and trunk roads upon payment of a toll. This system applies to motorcycles, cars, lorries up to 3.5 tonnes, buses, and caravans. Motorists must ensure they have the correct e-vignette before travelling to avoid fines for not possessing a valid road permit.

The validity period starts from the exact day, hour, and minute of purchase. In good faith, if someone unintentionally enters a toll road without a vignette, they have 60 minutes to purchase one. Drivers are advised to double-check details such as their registration number, licence plate number, toll category, and validity period.

Types of e-vignette validity

Nationally valid vignettes are available for daily, weekly (10-day), monthly, and annual durations. Their validity is strictly defined; for example, an annual vignette is valid from the date of purchase until 31 January of the following year. County-specific vignettes allow the use of toll roads within a particular county for a year.

Motorway vignette prices vary by category. For instance:

  • Category D1: Vehicles up to 3.5 tonnes and carrying up to seven passengers.
  • Category D1M: Motorcycles.
  • Category D2: Larger cars and smaller lorries.
  • Category U: Trailers towed by D2 vehicles.

For 2025, the annual fees are as follows:

  • D1M and D1 categories: HUF 59,210 (EUR 143).
  • D2 category: HUF 84,040 (EUR 203).
  • County stickers: HUF 6,890 (EUR 16), except for category D2, which will cost HUF 13,780 (EUR 33).

Failure to pay the toll incurs a surcharge. The basic surcharge is HUF 26,640 (EUR 64) if paid within 60 days and HUF 91,780 (EUR 222) if paid after 60 days. The surcharge differential for incorrect categories is HUF 14,900 (EUR 36) for payments within 60 days and HUF 47,180 (EUR 114) for later payments.

Other informations

Certain sections are toll-free, such as the M4 motorway between Vecsés and Budapest Liszt Ferenc International Airport, the M8 and M80 motorways, and specific stretches of the M9 motorway.

When paying tolls electronically, motorists must retain the confirmation message or voucher as proof of payment. It is recommended that this document be kept for three years after the expiration date, as it may be required in the event of a dispute.

The changing rules and pricing of motorway vignettes significantly impact the costs and responsibilities of road users. Awareness of the updated regulations is crucial for ensuring compliance and avoiding penalties.

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Main goods transport artery, Budapest’s Gubacsi railway bridge, may collapse into the Danube – PHOTOS

Gubacsi railway bridge Budapest

The Gubacsi railway bridge connects Budapest’s 20th and 21st districts, but its importance is much higher than just connecting two areas of the Hungarian capital. Hungary’s only container port is in the Northern parts of Budapest’s 21st district, Csepel. Without the railway bridge, serious disruptions could evolve in goods transport via Hungary, having a devastating effect even in the Central European or German economies.

5 km/h is the permitted speed on the Gubacsi railway bridge

Therefore, it is bad news that Hungarian authorities introduced a 5km/h speed limit on the Gubacsi railway bridge due to its dangerous state. Some media outlets even said the overpass may collapse into the Soroksár arm of the River Danube.

Here are some photos of the state of the bridge:

According to Indóház Online, authorities installed speed-measuring cameras and displays on either side of the bridge. However, the cameras do not function appropriately. From the 20th district, they measure even the speed of the cars, so they are always red. Meanwhile, from the 21st district, they measure the speed of the pedestrians because of which they “are always smiling” green.

As we wrote in THIS article, there were multiple plans to build a new overpass north of the existing one. The brand-new, 145-metre-long bridge could solve the problems of the slow pace that goods transport companies struggle with, but the Hungarian government “could not find” the money for it in the last 2-3 years. The European Union could finance such projects, but since the Orbán cabinet could not agree with the European Commission, those funds remained frozen.

Gubacsi railway bridge Budapest
Photo: FB/Szabolcs Szabó

No money for the new Gubacsi railway bridge

In 2023, the Hungarian government planned to build the new railway bridge with Connecting Europe Facility (CEF) funds. The Orbán cabinet said the new connection would reduce the shipping time of military equipment to the Freeport of Csepel and increase Hungary’s military mobility. In 2024, the government allocated HUF 44 billion (EUR 105 million) from EU funds for the construction, but nothing happened.

Based on estimates, 30-40% of Hungary’s industry depends on the Gubacsi Danube Railway Bridge since Hungary has only one container port, the so-called freeport at the northern edge of Csepel Island. If authorities had to end traffic on the overpass, it would cause serious disruptions in goods transport and would have a devastating effect even in the Central European or the struggling German economies.

Gubacsi railway bridge Budapest
Photo: FB/Szabolcs Szabó, the MP of the Csepel-Soroksár electoral district.

Read also:

  • Shocking decline: How Hungary fell behind its neighbours after joining the EU – read more HERE
  • Hungary lowers guest worker cap, 10 countries on the banned list

The importance of efficient logistics for Hungary’s growing business community

truck cargo motorway logistics

Sponsored content

Hungary’s logistics industry is experiencing dynamic growth. Thanks to its central location, the country is an important hub for the movement of goods in Europe. According to the International Transport Forum (ITF), the logistics sector in Hungary grew by an average of 6% per year between 2018 and 2023. The e-commerce sector in particular is driving this development, with an annual growth rate of 12%. Efficient logistics is an important factor for success.

Automation and AI: How Hungary is revolutionising its logistics industry

Technological solutions are driving efficiency in the Hungarian logistics industry. The use of robotics and artificial intelligence (AI) in warehouses is significantly accelerating workflows. According to a study by the Fraunhofer Institute for Material Flow and Logistics, automation can increase productivity by up to 30%. In Hungary, companies are investing in automated systems to reduce costs and increase accuracy. These developments are strengthening the country’s position as a logistics hub.

As AI technology advances, Hungarian companies are quickly adapting to these changes, making AI an indispensable part of their business strategies. Over 50% of companies in Hungary have started to integrate AI tools to streamline their operations and increase productivity.

Practice shows that it works

A practical example of technological innovation in logistics is 4×6 thermal labels. These labels enable clear labelling and make it easier to track shipments. Businesses benefit from their durability and efficiency, especially when dealing with large shipping volumes. 

The use of AI-powered tools is revolutionising the way businesses operate in various industries in Hungary. For example, natural language processing (NLP) tools are being used to improve customer service, while predictive analytics is helping to inform decision-making. Organisations such as OTP Bank have implemented AI-powered chatbots to handle customer queries, reducing response times and improving customer satisfaction.

Sustainable logistics: Hungary’s path to greener transport solutions

The logistics industry is facing the challenge of becoming more environmentally friendly. Sustainable practices such as CO₂-neutral transport or the use of electric vehicles are gaining in importance. According to a study by McKinsey, 85% of consumers expect environmentally friendly delivery options. Companies are turning to innovative solutions such as zero-emission trucks to meet these expectations. 

Green logistics as a competitive advantage 

In Hungary, companies are increasingly investing in sustainable technologies. The introduction of electric trucks by the Hungarian Post Office is one example. The Hungarian Post Office has purchased 40 electric vehicles, including 20 Mercedes-Benz eVito and 20 Mercedes-Benz eSprinter trucks, with a range of over 130 km per charge. 

In addition, the Hungarian government is planning to build the Adria Port multi-purpose terminal in the port of Trieste to make freight transport more efficient and environmentally friendly. These infrastructure investments support the shift of freight transport to more environmentally friendly means of transport such as rail and strengthen Hungary’s role as a logistics hub in South-Eastern Europe.

Hungary’s strategic position as a logistics centre in Europe

Hungary’s central location in Europe offers immense advantages for the logistics industry. The country connects Western Europe with the markets of Eastern Europe and Asia. According to trade.gov, the Hungarian logistics market is growing continuously, with an annual growth rate of around 6% between 2021 and 2025. This development makes Hungary one of the most promising locations for international logistics. 

The Hungarian government is investing heavily in infrastructure projects to further increase competitiveness. One example is the expansion of Budapest Airport to include a third terminal, which is scheduled for completion by 2032. With a budget of around 2 billion euros, the project will make the airport one of the largest air cargo hubs in Europe. 

Regional centres are driving growth 

In addition to Budapest, cities such as Győr and Debrecen are developing into important logistics centres. These regions attract investment and relieve the pressure on the capital city. Győr is a particularly important location due to its proximity to the Austrian border and the presence of large companies such as Audi. Debrecen benefits from investments in modern logistics parks and an airport with growing capacity.

Disclaimer: the author(s) of the sponsored article(s) are solely responsible for any opinions expressed or offers made. These opinions do not necessarily reflect the official position of Daily News Hungary, and the editorial staff cannot be held responsible for their veracity.

Overtaxation? Fuel prices set to rise in Hungary as excise tax hike takes effect 1 January

MOL fuel station

Starting 1 January, Hungarians can expect an increase in wholesale fuel prices due to a higher excise tax on gasoline and diesel. According to fuel industry expert Eszter Bujdos, this tax hike will likely be reflected in consumer prices in phases, further burdening drivers across the country. She also criticised the government for overtaxing beyond EU requirements, which could exacerbate the situation.

Tax hike details and price implications

The excise tax on wholesale fuel prices will increase by HUF 6.25 per litre for gasoline and HUF 5.86 per litre for diesel. Including VAT, this translates to an HUF 8 rise for gasoline and HUF 7.4 for diesel. With these adjustments, average prices as of 31 December 2024 stand at:

  • 95-octane gasoline: HUF 617/litre (EUR 1.50)
  • Diesel: HUF 637/litre (EUR 1.55)

The exact method and timing of passing on these costs to consumers remain unclear, Index writes. However, Bujdos, managing director of holtankoljak.hu, noted that rising operational expenses—such as the minimum wage increase—are adding further pressure on gas stations.

Currency fluctuations and geopolitical risks

Bujdos pointed out that Hungary’s weakening currency against the dollar is another significant concern, as it could further inflate fuel prices. While geopolitical events like the Russia-Ukraine conflict or tensions in the Middle East may cause short-term volatility, the long-term impact on global oil prices depends on the production decisions of OPEC countries.

Government oversteps EU tax expectations

The government has justified the excise tax hike as a response to EU regulations, which mandate a minimum excise duty for member states. However, Hungary’s tax rates surpass these requirements. Based on a euro exchange rate of HUF 411, the excise tax exceeds EU minimums by HUF 14 per litre for gasoline and HUF 17 for diesel.

“The EU doesn’t demand such a high tax burden as the Hungarian government is imposing,” Bujdos emphasised, calling the policy an example of overtaxation.

Hungary in regional comparison

Fuel prices in Hungary sit in the middle range compared to neighbouring countries. According to data from the Hungarian Central Statistical Office (KSH), Poland, the Czech Republic, Romania, and Bulgaria offer cheaper fuel, while Austria, Croatia, Slovakia, and Serbia are more expensive.

Looking ahead: Higher fuel prices in 2025?

Bujdos predicts that the average price for gasoline could reach HUF 630–640 (EUR 1.60) per litre in 2025, driven by a combination of currency devaluation and global oil price trends. She estimates that Brent crude oil prices will hover around USD 75 per barrel, while domestic fuel prices will continue to depend heavily on the forint’s exchange rate.

“The forecasts for the forint are not promising, so drivers should brace for further price increases in the coming year,” she concluded.

Read also:

Waberer’s to acquire majority stake in GYSEV Cargo

gysev

Waberer’s International is to acquire a 70pc stake in GYSEV Cargo, the listed Hungarian hauler said Monday.

Waberer’s, which signed an agreement to buy 62.5pc of the shares of GYEV Cargo on Monday, committed to raise the company’s capital by close to EUR 4,85m (HUF 2bn) to develop railway logistic infrastructure. The transaction will close at the end of the first half of 2025. GYSEV, the current owner of 100pc of GYSEV Cargo, will keep its 30pc stake in the target company after the transaction.

GYSEV Cargo is Hungary’s second largest railway transport service provider and can also provide services in Austria through its Austrian subsidiary Raaberbahn Cargo. GYSEV Cargo operates the container terminal in Sopron (W Hungary) at the Intermodal Logistics Service Centre, which is owned by GYSEV. It will also operate the intermodal container terminal under construction at the Debrecen-Macs Industrial Park railway station.

With the acquisition of a majority stake in the PSP Group earlier this year, Waberer’s also entered the Romanian market as a railway transport service provider so it now has operations in three countries.

Waberer’s said it is continuously considering business development opportunities in railway logistics.

Waberer’s majority owner is Viktor Orbán’s son-in-law, István Tiborcz, who has only a minimal stake as a private individual. Still, through two companies belonging to the BDPST group (Merkport Zrt. and Geraldton Invest Zrt.) owned by him, his interest exceeds 50 percent.

As we wrote a week ago, major renovation underway for Budapest’s historic Exchange Palace on Szabadság Square.

Traffic at Budapest Airport approaches record, cargo at all-time high

Budapest Airport

Budapest Airport, part of the VINCI Airports network, recorded extremely strong passenger traffic in November.

11-month passenger traffic at Budapest Airport approaches record, cargo hits all-time highs

Budapest Airport, part of the VINCI Airports network, recorded extremely strong passenger traffic in November, with a total of 1,401,245 passengers using Ferenc Liszt International Airport, which is not only 22% higher than last year’s figures, but also 10% higher than the previous record-breaking November of 2019. Remarkably, the airport’s passenger traffic has broken records every month this year, exceeding the 2022 full year total by September. By November, passenger traffic not only surpassed the 2023 12-month total by 1.3 million passengers, but also exceeded 16 million, approaching the previous record total from 2019, bud.hu.

Budapest Airport
Photo: FB/Budapest Airport

The most popular destinations in November were London, Milan and Paris

The volume of cargo handled also set a record in November, with 31,121 tonnes handled in Budapest, 40.1% more than in the same period last year. The 271,962 tonnes of goods handled in the first eleven months of the year not only exceeded last year’s total by 49%, but has already surpassed the total volume handled in 2023. As with passenger traffic, air cargo volumes in each month of the year have exceeded the volumes registered in the same periods of the previous year.

How to make your Christmas travels carefree – rules and tips for festive travel

Terminal 2 at the airport is adorned with Christmas lights. In addition to creating a festive atmosphere, Budapest Airport pays special attention to managing the increased traffic over the Christmas period, to ensure a comfortable and seamless passenger experience for everyone. As part of this effort, the airport operator will provide a high staffing level, adjusted to the volume of traffic, and will also operate security checkpoints in line with traffic, helping to minimise waiting times.

In order to ensure seamless security screening, Budapest Airport asks passengers to check the latest information before departure about prohibited items that cannot be carried in hand baggage or hold baggage: fireworks and sparklers, for example, are considered hazardous for aviation and cannot be carried in hand or hold baggage. Of the tools commonly used in the run-up to Christmas, rolling pins and poppy seed crushers may only be carried in hold baggage, and care should be taken to ensure that only snow globes with a capacity of less than 100 millilitres are carried in hand baggage, and that this information is clearly marked on the item by the manufacturer. Snow globes larger than this can be carried in hold baggage.

Due to the increased traffic over the festive period, please arrive early at the airport, use online check-in and self-service baggage drop-off, and remember that larger electronic items, such as laptops and hairdryers, no longer need to be removed from hand baggage during security screening.

Budapest Airport’s tree planting campaign continuing

As well as reducing the airport’s carbon footprint, Budapest Airport, part of the VINCI Airports network, is also acting to protect local natural assets. This year, Budapest Airport’s employees have again joined forces for the environment: in December, 20 employees planted a total of 650 saplings in Ócsa. This year, the third tree planting campaign, in cooperation with the Forest Savers (Erdőmentők), has already added 21,000 trees to the forest near Ócsa and the Danube-Ipoly National Park.

Experts also paid particular attention to ensuring that the initiative was carried out in places where it was really needed. Climate change has led to the emergence of a fungal species on the nature trail in Ócsa, which has attacked the native forest-forming tree species of the wetland forest. The only chance of preserving this habitat, unique in Europe, is to plant tree species that are resistant to the invasive fungus.

In addition to the December campaign, Budapest Airport is supporting the work of the Forest Savers, with several million forints, who will use the funds to plant a total of 8 000 tree saplings in protected areas this season, as well as to achieve other conservation goals.

In addition, the joint project of the Municipality of Rákosmente and Budapest Airport aiming to save the Merzse marsh, reached an important milestone in the spring. The necessary preparatory surveys and environmental impact assessments have been successfully completed, and the subsequent on-site works will allow the Merzse marsh and the Little Merzse to regain their former ecological values in the future. Budapest Airport provided support of 10 million HUF for the project. Please click here for more information.

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Exciting: Wizz Air to offer 11 new flights a week to the Mediterranean from Budapest in 2025!

TUI and Wizz Air have teamed up to significantly increase the number of flights from Budapest in summer 2025. Instead of the current four flights a week, eleven flights will now be available from the Hungarian capital, including routes to popular destinations such as Cyprus, Turkey, and the Greek islands. This ambitious development will provide travellers with enhanced opportunities to reach their favourite holiday destinations with ease. 

According to Turizmus, as part of this expansion, Budapest will now offer three flights per week to Larnaca and two flights per week to both Heraklion and Antalya. Additionally, two new Greek destinations—Rhodes and Zakynthos—have been added to the programme. These updates make TUI’s summer offerings especially appealing to those seeking seaside holidays.

Flights from Vienna Airport are also being increased. In partnership with Wizz Air, TUI will provide three flights per week to Corfu and two flights per week to Zakynthos, Madeira, and Tenerife. These new options complement Austrian Airlines’ summer programme, which includes three flights per week to Burgas as well as additional flights to Chania.

Additional amenities for passengers

On TUI and Wizz Air flights, passengers will benefit from complimentary airport check-in, one 10 kg hand baggage allowance, and one 20 kg checked baggage allowance. These added amenities, combined with competitive ticket prices, make the offer particularly appealing to budget-conscious travellers.

TUI also offers an extensive selection of accommodation options alongside its flights. Its own-brand hotels include the TUI Kids Club Roda Beach Resort & Spa on the island of Corfu, which features lush gardens and a family-friendly sandy beach. For travellers prioritising affordability, the TUI Suneo Perla in Sunny Beach, Bulgaria, is an excellent choice.

Wizz Air’s ‘All You Can Fly’ programme back on offer

According to Világgazdaság, Wizz Air has relaunched its “All You Can Fly” membership programme, which offers unlimited flights for one year for EUR 599. However, the programme comes with certain restrictions. For instance, passengers can only book seats for available destinations, and bookings must be made at least 72 hours prior to departure. After paying the membership fee, the first flight is free, but each subsequent ticket costs EUR 9.99.

The “All You Can Fly” scheme has proven immensely popular. During its previous promotion, when it was launched at introductory prices, 10,000 memberships sold out within just 48 hours. In this latest round, the offer is again available in limited quantities. This programme is particularly attractive for frequent flyers travelling to short-haul destinations.

The collaboration between TUI and Wizz Air continues to expand travel options for holidaymakers. Ongoing developments and improvements in passenger comfort are making the travel experience more enjoyable than ever, whether for family holidays or cost-effective short getaways. This dynamic growth in services is set to attract even more travellers in the upcoming season.

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Attention: Changes to Budapest’s busiest tram service during the festive season

tram 4-6 budapest

Budapest’s iconic tram lines 4 and 6, among the city’s most frequented public transport routes, will face significant service changes between 27 December 2024, and 5 January 2025. A damaged water pipe beneath the tracks near Irinyi József Street necessitates urgent repairs, affecting tram operations on the southern section of the route.

Adjusted tram service

During the maintenance period, trams will only run between Széll Kálmán Square and Corvin-negyed under the joint 4-6 label, Világgazdaság reports based on BKK’s statement. To ensure connectivity, replacement buses will operate on the affected sections:

  • Between Újbuda-központ and Corvin-negyed with route number 4.
  • Between Móricz Zsigmond körtér and Corvin-negyed with route number 6.

The replacement buses will stop at key points, including Üllői Road, where passengers heading toward Széll Kálmán Square are advised to transfer to the tram or metro at the Ferenc körút stop.

tram 4-6 budapest
Tram line 4-6. Photo: BKK

Alternative routes

The Budapest Transport Center (BKK) recommends several alternative transport options during the repair works:

  • M3 metro combined with M4 metro via Kálvin Square for seamless travel to Újbuda-központ.
  • M4 metro or tram 47 for routes starting from Újbuda-központ.
  • M4 metro, bus 7, or trams 47 and 49 for connections from Móricz Zsigmond körtér.
  • Buses 107 and 133E for journeys originating near Budafoki Road.
  • Tram 2 for those travelling from Boráros Square towards the city centre.

Practical travel tips

Passengers are encouraged to use the BudapestGO app, which provides real-time route information and allows users to purchase tickets and passes conveniently. Additionally, BKK staff will be available at key locations to assist travellers during this period.

The repair work has been scheduled strategically during the winter school holidays and festive season to minimize disruptions. Despite the temporary changes, the availability of replacement buses and alternative routes ensures that passengers can still travel efficiently across the city.

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Important: Hungarian Highway Code changed with immediate effect

The Hungarian Highway Code (KRESZ) has been amended with immediate effect, as announced in Monday evening’s Magyar Közlöny (Hungarian Gazette). The changes pertain to vehicles using emergency signals.

Immediate change in Highway Code

Under the new regulations, vehicles from police public order, traffic law enforcement, and personal protection units, as well as the Counter Terrorism Centre (TEK), are now permitted to use bus lanes when operating with emergency signals, provided they do not disrupt bus and trolleybus traffic, Index reports.

Previously, only scheduled buses, trolleybuses, and emergency vehicles under special conditions could use these lanes.

Additionally, a new rule bans overtaking vehicles using emergency signals.

Drivers must maintain a following distance that avoids disturbing the emergency vehicle and other road users.

Emergency vehicles can also disregard “No Entry” signs and exceed speed limits if traffic safety is not compromised.

The changes, signed by PM Viktor Orbán, took effect on Tuesday.

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AutoWallis issues EUR 20m bond in private placement

Listed car seller AutoWallis on Wednesday announced the issue of a EUR 20m, ten-year bond in a private placement.

AutoWallis’ expansion

AutoWallis will use the proceeds from the issue to fund its expansion abroad and acquisitions. The car seller said it planned to make 2-3 acquisitions a year in the coming years.

AutoWallis is present in 16 countries in Europe and announced its biggest acquisition yet, of Czechia’s MILAN KRAL, in November. The company plans to plough around HUF 80bn into its business by 2028, boosting annual revenue to HUF 750bn and EBITDA to HUF 40n by 2028, double the levels in 2023.

AutoWallis counts Alpine, BYD, Dacia, Isuzu, Farizon, Jaguar, Land Rover, MG, Saab parts, Renault, SsangYong and Opel among the brands in its wholesale portfolio. Brands in the retail portfolio include BMW cars and motorcycles, BYD, Dacia, Isuzu, Jaguar, KIA, Land Rover, Maserati, MINI, Nissan, Opel, Peugeot, Renault, SsangYong, Suzuki and Toyota. It represents the Sixt rent-a-car brand in Hungary and operates its carsharing and fleet management business under the wigo aegis. AutoWallis also owns the vehicle listing sites JoAutok.hu and AUTO-LICIT.HU.

AutoWallis
Photo: Facebook / AutoWallis

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