Gov’t: Number of Registered Jobseekers Falls to Below 250,000 Official employment data from October show fewer registered jobless seeking employment compared with January last year, with fewer than 246,000... 2021.10.27.
Prices Expected to be 20-30 Percent Higher Over the Christmas Season In many popular product categories, one can expect higher prices and less deals this holiday season, but the public's desire... 2021.10.27.
Croatia Top Court Affirms Prison Sentence for MOL Chief Hernádi Croatia's supreme court on Monday affirmed a Zagreb court's prison sentence for Zsolt Hernádi, the chairman-CEO of Hungarian oil and... 2021.10.26.
Head of Hungary’s Central Bank: Continued Centralization Will Ruin the EU György Matolcsy, Governor of Hungary's Central Bank, has shared his projection of the European Union's future, essentially calling for more... 2021.10.26.
Is Aldi and Lidl Cheaper in Austria than Hungary? Economic news magazine G7 has been looking at the prices of Hungarian Aldi and Lidl. Previously, they examined the prices... 2021.10.25.
Production Starts of First Electric Car Manufactured in Hungary Hungarian car manufacturing has arrived at a new milestone with the mass production of the first fully electric cars manufactured... 2021.10.22.
China’s CECZ Building Huge Warehouse Base Near Budapest China's CECZ group is building a 27 billion forint (EUR 74m) warehouse base in Vác, north of the capital, government... 2021.10.22.
Trade Minister: US Companies Second-biggest Group of Investors in Hungary The American Chamber of Commerce and the Hungarian Investment Promotion Agency (HIPA) hosted the 7th Business Meets Government Summit in... 2021.10.21.
Number of Insolvencies Set to Climb by 20% in 2021 The number of corporate insolvencies in Hungary is expected to climb by 20 percent this year, edging over 5,150, according... 2021.10.21.
IMF Expects Hungarian Economy to Grow at Third Fastest Rate in the EU This Year The Hungarian economy is expected to grow at the third fastest rate in the European Union this year, the International... 2021.10.21.
Hungary Central Bank Raises Base Rate to 1.80% Hungarian rate-setters raised the central bank's base rate by 15 basis points to 1.80 percent at a scheduled meeting on... 2021.10.19.
ITM Partners with OTP Bank to Build Europe’s Largest Supercomputer The innovation and technology ministry (ITM) and OTP Bank have partnered to build Europe's largest supercomputer, minister László Palkovics told... 2021.10.19.
Is It Cheaper to Shop Abroad? Price Comparison of Hungarian and Foreign Aldi and Lidl The economic news magazine G7 has been looking at the prices of Hungarian Aldi and Lidl, as well as the... 2021.10.19.
Finance Minister Projects 7% GDP Growth for 2021 Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in... 2021.10.19.
Swiss Krono Plans Expansion in Vásárosnamény Swiss-owned building materials maker Swiss Krono plans a 17 billion forint (EUR 47.2m) expansion at its base in Vásárosnamény, in... 2021.10.19.
Repurchasing of Budapest Airport by Hungarian State can Happen ‘At Any Moment’ The Hungarian government intends to buy back Budapest Liszt Ferenc International Airport, and this could happen at any moment, Prime... 2021.10.19.
Hungarian Gov’t Announces Ambitious Airport Development Plan The Orbán government has brought forward a large-scale airport development project, with plans to build 4 to 5 international airports... 2021.10.19.
Med Hotel in Tamásipuszta Catches Fire The roof structure of the Borostyán Med Hotel in Tamásipuszta caught fire Sunday evening and was burning in its entirety,... 2021.10.18.
Figures of Hungary’s Tourism Agency Show Major Comeback After 2019 The number of guest nights spent in Hungarian commercial accommodations in September increased by an annual 65 percent to 3... 2021.10.16.
Public Finances Upside Down: Several Sectors Received More than Expected Last Year Almost every aspect of the budget has increased more than originally planned last year, Hvg.hu reports after checking the final... 2021.10.16.
Govt Invests EUR 15.6m in Venture Capital Fund Targeting Startups The government is investing 5.6 billion forints (EUR 15.6m) in a new fund of venture capital fund manager Euroventures through... 2021.10.15.
