MOL Propylene Plant Largest Investment in Hungary So Far This Year, says Trade Minister Péter Szijjártó, the minister for foreign affairs and trade, on Wednesday attended the cornerstone ceremony of a propylene plant of... 2022.03.24.
Wizz Air Relaunches Several Hungary Flights Low-cost carrier Wizz Air on Wednesday said it has relaunched nine of its flights from Hungarian airports. Flights connecting the... 2022.03.24.
Hungarian HR Agency Expands in Adriatic Region Hungarian-owned WHC Group has acquired a majority stake in one of the leading HR service providers of the Adriatic region,... 2022.03.23.
Forint Strenghtens As Hungary’s Central Bank Significantly Raises Base Rate Hungarian rate-setters raised the central bank base rate by 100 bp to 4.40 percent at a monthly policy meeting on... 2022.03.23.
Foundation Stone Laid for Richter’s New Head Office Building The foundation stone of Richter Gedeon Nyrt.'s new head office building was laid on Tuesday in Budapest. The 17,400 square... 2022.03.23.
Metro Line 3 Service Could Be Affected As Result of War No Russian-produced spare parts for the cars of Budapest’s Metro line 3 have been delivered in the last 30 days,... 2022.03.23.
Ukrainian War – Minister: Ukraine-Russia Conflict Raises Food Security Issues The conflict between Ukraine and Russia raises serious food security issues and risks, Agriculture Minister István Nagy said after a... 2022.03.22.
Foreign Guests Cancel 20 Percent of Bookings in Hungary Due to War in Ukraine Foreign guests canceled 20 percent of their bookings in Hungary in March and April, citing the war. The Association of... 2022.03.22.
More and More Petrol Stations Forced to Close, Risking Takeover Under the Hungarian government's petrol price cap decree, petrol stations closed for more than 48 hours are put under "temporary... 2022.03.21.
Hungary’s OTP Bank Considering Withdrawal from Russian Market OTP Bank, Hungary's biggest commercial lender, said they are weighing a possible withdrawal from the Russian market, economic news site... 2022.03.21.
Three Renovated M3 Metro Stations Open to Passengers in May Gergely Karácsony, the mayor of Budapest, shared on his Facebook page that three stations of metro line M3 in the... 2022.03.20.
Defense Industry Production to Start in Kaposvár Forty Gidran armoured tactical vehicles produced in Turkey will be equipped with radio and electro-technical devices in Kaposvár, and parts... 2022.03.20.
Audi Hungaria: No Exports to Russia! Győr's Audi factory cannot escape the effects of the war in Ukraine either. Due to the uncertain situation, their production... 2022.03.18.
Gov’t Provides Financing to Arms Production Education Center The government is providing 2.4 billion forints (EUR 6.5m) to the construction of a national center for the weapons making... 2022.03.18.
Govt Earmarks HUF 5 Bn for Defence Industry Research Base in Szeged The government plans to spend 5 billion forints (EUR 13.5m) on a base for the Defence Innovation Research Institute in... 2022.03.18.
Guest Nights Jump in January from Low Pandemic Base Guest nights at commercial accommodations in Hungary soared by an annual 446 percent to 951,000 in January, albeit from a... 2022.03.18.
Gas Station Owners Consider Constitutional Complaint against Price Cap Hungary's smaller gas station owners are considering filing a constitutional complaint against the Hungarian state over the HUF 480 fuel... 2022.03.17.
Hungarians’ Consumer Confidence Plummets Over War in Ukraine After three months of growth, the consumer confidence of Hungarians plummeted to 2021 levels this March, hvg.hu reports in accordance... 2022.03.17.
Construction Output Up by 3.3 pc in January Output growth of Hungary's construction sector slowed to an annual 3.3 percent in January, decelerating on a decline in the... 2022.03.17.
Forint Continues to Strengthen after Historical Low The forint seems to be recovering from its historic low of 400 forints in the first week of March. The... 2022.03.16.
Employers of Ukraine Refugees to Get Gov’t Support The government will provide support to employers giving jobs to Ukraine refugees and providing them with long-term shelter and transport... 2022.03.14.
