Hungary IPO Issues 2024 Annual Report
The Hungarian IPO has recently released its annual report for 2024, highlighting a notable rise in IP activity over the past five years – national patent applications rose by 34%, utility model applications by 43%, design applications by 12%, and trade mark applications by 4%.
At the end of 2024, the number of valid national patents stood at 907, reflecting a slight 0.4% decline from the previous year. However, the number of patents validated in Hungary rose by 3%, reaching 35,043. In the trade mark sector, the number of valid national trade marks totaled 50,242, reflecting a 1% increase from the previous year, while international trade mark filings decreased by 4%, closing the year at 66,984.
Despite a 7% decline in national design registrations, other IP rights showed positive trends. Registered national utility models saw a modest 1% rise, plant variety registrations grew by 10%, and Supplementary Protection Certificates (SPCs) recorded a notable 23% increase.
The report also highlighted that 72 national trade marks have been in existence for over a century.