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June Storms Caused HUF 1 Bln Of Damage

• 27 Jun 2018 12:03 PM
• Budapest Business Journal

The extreme weather conditions that ravaged Hungary during the first two weeks of June resulted in about 6,000 damage reports worth a combined HUF 1 billion in damages, insurer Generali estimates.

Southern Hungary was the most affected region, with Bács-Kiskun, Csongrád and Pest counties all experiencing weather-related damage. The city of Pécs (about 170 km southwest of Budapest) alone saw more than 200 damage reports.

Other cities in the region, especially Makó and Szeged, saw a similar number of reports, according to a press release Generali sent to Hungary A.M. Nearly 5,000 of the total 6,000 claims came from the residential sector, with the corporate and agricultural sectors also affected by the storms.

Apart from the strong winds, hail and lightning damage were also reported. According to Generali, the total number of claims throughout the summer months may amount to as much as 100,000, based on the experience of recent years.

MTI Photo: Ujvári Sándor

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Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

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