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.
Spa Town Hévíz Loses around Ten Thousand Guests Because of War About 10,000 foreign guests have canceled their reservations in Hévíz, one of Hungary’s most popular spa towns, because of the... 2022.03.12.
Liszt Ferenc Airport Passenger Numbers Rise to 620,200 in February Passenger numbers at Liszt Ferenc International reached 620,199 in February, an increase of more than 1,000 percent from the same... 2022.03.11.
Hungary Trade Balance Shows Deficit for Seventh Month in a Row Hungary's trade balance showed a deficit for the seventh month in a row in January, a first reading of data... 2022.03.11.
Trade Association: Retail Chains Ready to Employ Refugees Hungary's retail chains hit by a labour shortage are "open to employing refugees" from Ukraine, the head of the National... 2022.03.11.
Hungary’s Richest Man Opens Two of His Hotels for Ukrainian Refugees Two companies owned by Lőrinc Mészáros, Hungary's richest businessman - who is also PM Viktor Orbán's childhood friend - are... 2022.03.11.
Shell Hungary Announces HUF 25,000 Top-Up Limit for Passenger Cars Shell Hungary has announced a gross 25,000 forint (EUR 66) limit on top-ups for passenger cars from Thursday. The limit,... 2022.03.10.
There Are Petrol Stations Where There Is No Petrol As we reported yesterday, there could be problems over the long weekend due to disrupted fuel supply. It seems, however,... 2022.03.10.
Artificial Fertilizer Firm Suspends Ammonia Production Nitrogénművek, Hungary's sole producer of artificial fertiliser, on Wednesday said it is suspending the energy-intensive production of ammonia due to... 2022.03.10.
Disrupted Fuel Supply Could Cause Problems over Long Weekend As we have previously reported, wholesalers are now more affected by the price cap due to the government having cut... 2022.03.09.
Forint Recovers after Central Bank’s Intervention The National Bank of Hungary decided to raise the upper band of its interest rate corridor on Tuesday which had... 2022.03.09.
More Than 16,000 Domestic Companies Affected by Russian-Controlled Sberbank Hungary’s Closure Following the bankruptcy of Sberbank Hungary, the bank's customers will be compensated up to 100,000 euro so most retail customers... 2022.03.09.
Inflation Reaches 15-Year High in February Consumer prices were 8.3 percent higher in February 2022 than a year earlier, breaking another 15-year record after 7.4 percent... 2022.03.09.
Another Big Rise in Wholesale Petrol and Diesel Prices Question Sustainability of Capped Prices The wholesale prices of petrol and diesel have again risen sharply. Thanks to the capped prices, customers are not affected... 2022.03.09.
