The Massive Rise in Budapest Rental Prices Further Accelerates The steep rise of rental prices in Budapest has further accelerated this year, Rentingo.com reports. Compared to the same period... 2022.07.11.
European Gas and Electricity Prices More Than Five Times Higher Than in Hungary Due to the Hungarian government’s utility cost reduction program despite the war, Budapest is still the cheapest place on the... 2022.07.08.
Hungarian National Bank to Raise Base Rate Next Week, Forint Strengthened on Thursday The rapid convergence of the base rate and the one-week deposit rate will be on the agenda at the next... 2022.07.08.
MOL Wins Arbitration Lawsuit against Croatia at ICSID MOL has won an arbitration case against the State of Croatia in a nearly nine-year trial before the International Center... 2022.07.07.
Hungary’s National Currency Weakens to Historic Low The forint plunged to a new historic low against major currencies on Wednesday, trading past 416 versus the euro. Meanwhile,... 2022.07.07.
Hungary’s Guest Nights in June Surpass Pre-Pandemic Levels The number of guest nights in June grew by 15 percent compared with record-breaking 2019 numbers, the National Tourism Agency... 2022.07.06.
Labor Shortages Could Pave the Way for Further Pay Increases in the Hungarian IT Sector IT professionals in Hungary are likely to receive a big pay increase in the near future, according to a statement... 2022.07.05.
Despite Drought, Harvesting in Hungary Is Underway Harvesting is underway in the fields, and despite the dry, hot weather and drought, the "country's bread is secure", Agriculture... 2022.07.04.
Some Businesses Will Again Be Paying Full Market-price for Their Energy Supplies From Friday, the rules on the reduction of utility bills will change. Some businesses will no longer receive energy at... 2022.07.01.
Many Hungarian Businesses at a Competitive Disadvantage in Customer Experience Customer experience (CX) is one of the most important competitive advantages for companies today, but a significant number of Hungarian... 2022.07.01.
Foreign Minister: New Milestone in Approval Process of Paks Nuclear Plant Expansion Another milestone in the approval process for the Paks expansion has been reached, as the National Atomic Energy Authority (OAH)... 2022.07.01.
Budapest’s Iconic Nyugati Railway Station Revamp Gets EU Support The project to renew Budapest's Nyugati railway station has been awarded European Union funding, a state secretary at the Ministry... 2022.06.30.
Intrum: Growth of Hungarian Companies Hampered by Non-Paying Customers and Credit Debts Hungarian companies are hampered in their growth by non-paying customers and credit debts, according to Intrum's representative European Payment Report... 2022.06.30.
EU Supports National Transport Infrastructure with €5.4 Billion The European Union is investing €5.4 billion to support sustainable, safe, and efficient transport infrastructure, with five initiatives in Hungary... 2022.06.30.
London Analysts Expect Hungarian National Bank Base Rate to Peak above 10 Percent by Year’s End According to significantly revised forecasts by London-based financial analysts, the Hungarian National Bank (MNB) base rate is likely to peak... 2022.06.29.
Mondelez Expands Its Sustainable Wheat Program in Hungary US-based international food company Mondelez is expanding its sustainable wheat cultivation program in Hungary, with an increasing share of biscuits... 2022.06.29.
Hungarian Central Bank Decides on Massive Rate Hike At a monthly policy meeting on Tuesday, policymakers of the National Bank of Hungary (NBH) raised the base rate by... 2022.06.29.
Foreign Minister: Gas Deliveries Resume to Hungary via Turkish Stream Delivery of natural gas to Hungary resumed on the Turkish Stream pipeline on Monday evening after scheduled maintenance works, Péter... 2022.06.29.
Dunakeszi Járműjavító Kft. Becomes Hungarian Property Magyar Vagon Befektetési Vagyonkezelő Zrt. has acquired TMH International AG's stake in TMH Hungary Invest Zrt., the owner of Dunakeszi... 2022.06.28.
Hungarian Bankholding Achieved a Profit of More than EUR 174 Million Last Year Hungarian Bankholding achieved a profit before tax of HUF 69.5 billion (EUR 174 million) last year, while its total comprehensive... 2022.06.28.
Technology Minister: Hungary Aims for Energy Autonomy Hungarian energy policy aims to make the country greener and to meet its emissions targets while achieving energy autonomy, the... 2022.06.28.
