Huge Wage Gaps: Only Budapest and Győr-Moson-Sopron Employees Earn above Country’s Net Average Wage Only Budapest and Győr-Moson-Sopron county residents earn above the national average net monthly wage. This means that 18 other counties... 2022.04.25.
Despite Record High Inflation in Hungary, Price Increase Still in Mid-range within EU Countries Although inflation in Hungary hit a 15-year-old record in March, 11 EU countries still saw a higher increase in prices,... 2022.04.22.
Procurement Authority Takes Steps to Reduce Single-Bid Procedures Hungary's public procurement authority on Thursday announced measures to reduce the share of procedures with a single bidder. From next... 2022.04.22.
German Store Chain “TEDi” Arrives in Hungary Hungary has opened a new chain of stores, German chain TEDi, Pénzcentrum reported. The chain is little known in Hungary,... 2022.04.22.
More Bird Flu Infections Detected in Southern Hungary Hungary's food safety authority (NÉBIH) has detected bird flu infections in poultry farms in Békés and Csongrád-Csanád counties, in southern... 2022.04.21.
Average Age of Cars in Hungary Now 15 Years Old In four years, the average age of cars on the road in Hungary has increased by a full year, reaching... 2022.04.21.
IMF Expects Best GDP Growth in Region for Hungary and Poland As recently as January, the International Monetary Fund (IMF) had assumed that the global economy would recover from the second... 2022.04.21.
Hungary Drops on EU List of Net Wage Growth in Euro over Last 12 Years In a euro-based comparison, Hungarian wages did not increase much over the last twelve years. In fact, Hungary slipped further... 2022.04.20.
Hungary Gets Another Delivery of Paks Fuel from Russia by Air Hungary has taken another delivery of fuel rods for the Paks nuclear power plant by air, Péter Szijjártó, the minister... 2022.04.20.
What Renewed M3 Metro Stations Will Look Like Once Completed The visual plans of the renovated stations of the M3 metro line have been published, which include elevators, renovated escalators,... 2022.04.20.
Orbán Gov’t’s Utility Price Cuts Already Huge Strain on Hungary’s 2022 Budget The Hungarian budget has already suffered losses of HUF 600-800 billion (EUR 1.61-2.15 bn) this year due to Hungary’s low,... 2022.04.19.
Railroad Stations on Northern and Southern Shores of Lake Balaton Renewed The National Infrastructure Development Company, NIF, (Nemzeti Infrastruktúra Fejlesztő Zrt.) has published a tender for the renovation of a total... 2022.04.18.
Hungarian Researchers Aim to Combat Wine Counterfeiting with New Method The adulteration of wines by dilution and addition of sugar is not uncommon. There is a great need for methods... 2022.04.17.
Product Control before Easter: Here Are the Results of This Year’s Ham and Chocolate Test In the spring of each year, the Food and Chemistry Laboratory of the Ministry of Innovation and Technology (ITM) tests the typical... 2022.04.16.
Electric Giant Tungsram in Danger, Wants Help from State Due to the coronavirus pandemic's effects, the explosion of energy prices and the Russian-Ukrainian war, iconic Hungarian electric giant Tungsram... 2022.04.14.
Hungary Posts EUR 794 Million Deficit in February Hungary's current account had a 794 million euro deficit in February, widening from a 763 million euro gap in the... 2022.04.14.
Two Budapest Metro Lines May Be Affected by Ukrainian War Due to the war situation in Ukraine, the replacement of the wheels of metro lines 2 and 4 has become... 2022.04.14.
Taxi Fares to Become a Lot More Expensive in Budapest from May Taxi fares in the Hungarian capital are about to drastically increase: from 9 May, the basic fare will rise from... 2022.04.14.
Construction Output up by 42.3%in February, KSH Reports Output of Hungary's construction sector rose by an annual 42.3 percent in February, the highest pace in almost three years,... 2022.04.14.
Budapest Airport Passenger Numbers Up 30% in March Budapest's Liszt Ferenc International Airport's passenger numbers went up by 30 percent to over 796,000 in March from the previous... 2022.04.13.
Price Freeze Ineffective? Drastic Increase in Prices for Non-affected Foodstuffs Although the government imposed a price freeze on several food items on February 1, prices for other products rose at... 2022.04.13.