MOL CEO Zsolt Hernádi Talks about Sanctions, Oil Embargo, and Price Cap Zsolt Hernádi, CEO of the Hungarian oil company MOL gave an interview to Mandiner, talking about EU sanctions, the oil... 2022.06.09.
What Is Known of the Government’s Budget Adjustment Package So Far Events have gathered pace recently around the government's fiscal adjustment program. On Saturday, the special tax regulations and the general... 2022.06.08.
Here Are Last Year’s House Prices in Budapest and Across the Country In addition to the numerous and deepening risks identified at the beginning of the year, there is a chance that... 2022.06.08.
OMV Denies Press Reports of Company Closing Gas Stations in Hungary As Hungarian state oil company Mol would not be able to cover the shortfall, OMV's petrol stations in Hungary are... 2022.06.07.
World’s Largest Battery Manufacturer May Be Coming to Hungary Several public sources have recently published information suggesting that the world's largest battery manufacturing company, the Chinese Contemporary Amperex Technology... 2022.06.03.
Foundation Stone Laid for New, State-of-the-Art BMW Plant in Debrecen The foundation stone has been laid for the BMW Group’s new plant in Debrecen, Hungary. The €1 billion investment is... 2022.06.01.
Hungarian Household Energy Bills Remain among Lowest in Europe Hungarian household energy bills are still among the lowest in Europe, the Hungarian Energy and Public Utility Regulatory Authority (MEKH)... 2022.06.01.
Canceled Wizz Air Flight: Two Hundred Passengers Left Stranded in Paris The 9:55 p.m. Wizz Air flight to Budapest from Paris' Orly Airport did not take off Sunday night, leaving 200... 2022.05.31.
Trade Association Says Extra Profit Tax Cannot Be Interpreted in Current Form The Hungarian Trade Association (OKSZ) wants to reach an agreement with the government to ensure the safety of goods, as... 2022.05.30.
Closed Gas Stations and Interrupted Fuel Supply After Govt Decision It is not guaranteed that all gas stations will be open after Monday, as several gas stations in Hungary are... 2022.05.30.
Balaton Vacation Home Prices Nearly Double in Two Years The prices of vacation homes around Lake Balaton have nearly doubled over the past two years, business daily Vilaggazdaság said... 2022.05.30.
Wizz Air Flight Turns Back From Runway in Budapest Wizz Air's flight from Budapest to Malmö turned back before take-off after a passenger's mobile phone caught fire, on Friday.... 2022.05.28.
Technology Minister Palkovics Opens Intl Automobile and Tuning Show Technology and Industry Minister László Palkovics opened the international Automobile and Tuning Show at Budapest's Hungexpo grounds on Friday. In... 2022.05.28.
GKI CEO on Govt’s Windfall Taxes: ‘No Such Thing as Extra Profit’ According to the CEO of GKI Economic Research Zrt., there is no such thing as extra profit, and he does... 2022.05.27.
Petrol Station Owners: License-Plate-Based Fuelling Unfeasible The Association of Independent Petrol Stations' President considers the government's decision to allow only cars with Hungarian registration plates to... 2022.05.27.
Finance Min: Next Year’s Draft Budget Includes 3.5% Deficit Target The draft budget for next year submitted to the Budget Council sets a stricter deficit target of 3.5 percent of... 2022.05.27.
Details: New Fuel Prices for Vehicles with Foreign License Plates On Thursday, the government announced that cars with foreign license plates will no longer be allowed to buy fuel at... 2022.05.27.
Hungarian Erste Bank Wrongfully ‘Sanctions’ Russian and Belarusian Clients Erste Bank Hungary has terminated the bank account contracts of several Russian and Belarusian citizens. The bank is investigating the... 2022.05.26.
Govt Looking to Ramp Up Domestic Energy Production The government is looking to bolster domestic energy production to strengthen independence from imported energy resources, László Palkovics, the technology... 2022.05.26.
Forint Plunges as PM Orbán Turns to Windfall Taxes against Banks, Large Companies The forint plunged sharply after Viktor Orbán's Wednesday announcement regarding the government's plan to introduce windfall taxes on banks and... 2022.05.26.
Hungary Jobless Rate 3.6 pc in April Hungary's jobless rate was 3.6 percent in April, unchanged from March, but down from 4.4 percent in the same month... 2022.05.26.
