Govt Official: Investments in Hungary in Rude Health Despite Pandemic The investment rate in Hungary of 27 percent in the second quarter is the highest level for many years, a... 2021.10.14.
State Secy: Government Ready to Cut Social Contribution Tax by 4% In an effort to ease the burden on businesses in light of its policy of raising the minimum wage to... 2021.10.14.
Industrial Output Grows by 2.6% in August Industrial output in Hungary rose by an annual 2.6 percent in August, the Central Statistical Office (KSH) said on Wednesday.... 2021.10.14.
Mineral Water Bottler Szentkirályi Lays Cornerstone of New Warehouse Hungarian mineral water and soft drink bottler Szentkirályi Magyarország laid the cornerstone of a 956 million forint (EUR 2.7m) warehouse... 2021.10.13.
Hungary’s Winter Gas Needs Guaranteed By the end of September, Hungary had reserves of over 5.28 billion cubic meters of natural gas, more than enough... 2021.10.13.
EU Allows Hungary to Maintain Two Tax Measures until 2024 Hungary has been granted a derogation from European Union rules for two tax measures until the end of 2024, state... 2021.10.13.
Several Companies to Make Workers Pay Back Portion of Salaries Due to Covid and Parts Shortage Shutdowns? Dozens of automotive, engineering, and electronics companies in Hungary are preparing to charge workers employed in a working time banking... 2021.10.12.
Hungary at World’s Biggest Intelligent Transport Systems Event for First Time Hungary is present for the first time at the world's largest event dedicated to intelligent transport systems, with a national... 2021.10.12.
Less Than 5,000 Hungarian Families Own 30% of Total Domestic Net Financial Wealth There are around 4,000-4,500 families in Hungary with financial assets exceeding HUF 300 million (EUR 834,000) in addition to real... 2021.10.12.
MouldTech Systems Completes HUF 4.4 Billion Investment Tool manufacturer MouldTech Systems has completed a 4.4 billion forint (EUR 12.2m) investment at its base in Zalaegerszeg, in southwestern... 2021.10.11.
Finance Minister Puts 2022 GDP Growth at 5.5-6 pc Finance Minister Mihály Varga said next year's GDP growth could reach 5.5-6 percent at a business forum organised by the... 2021.10.09.
Hungary Joins Global Minimum Corporate Tax Deal Hungary has succeeded in pushing through its interests at the international talks on the global minimum corporate tax, Finance Minister... 2021.10.09.
Export Growth Slows in Aug Amid Automotive Industry Shutdowns Hungary's export growth slowed further in August as shutdowns because of supply chain interruptions caused output of the automotive industry... 2021.10.08.
Trade Min: Hungary Offers Favourable Environment for Fintech Companies’ Growth Hungary offers a favourable environment for the growth of fintech companies, Foreign Affairs and Trade Minister Péter Szijjártó said in... 2021.10.08.
Hungary Inflation 5.5% in September Hungarian inflation was an annual 5.5 percent in September, the Central Statistical Office (KSH) said on Friday. The last time... 2021.10.08.
FinMin: “We count on US investors in our work to relaunch the economy” US companies continue to place their trust in the Hungarian economy, and the government provides tax cuts and investment support... 2021.10.07.
General Electric to Invest in Veresegyház General Electric is investing 10 billion forints (EUR 27.8) to expand its turbine plant in Veresegyház, in central Hungary, Péter... 2021.10.07.
Guest Nights Up by 11% in August The number of guest nights at commercial accommodations in Hungary rose by an annual 11.3 percent to 3,555,000 in August,... 2021.10.07.
Rate-setters Point to Persistence of Upside Risks Surrounding Inflation Outlook Hungarian central bank (NBH) policymakers have warned of the risks associated with persistent inflation and agreed that the tightening cycle... 2021.10.07.
Rushed Introduction of Euro Could Hurt Hungary’s Growth, Cbanker Warns A rushed adoption of the euro that ignores differences in the levels of economic development between Hungary and the euro... 2021.10.06.
Retail Sales Grow by 4.6% in August Retail sales in Hungary rose by an annual 4.6 percent in August, the Central Statistical Office (KSH) said on Wednesday.... 2021.10.06.