Official: Minimum Wage Deal Ready to Be Signed Representatives of the government, employers, and employees are ready to sign an agreement on next year's minimum wage rises, Sándor... 2021.11.09.
Time-Based Tickets Expected for Budapest Public Transportation Tickets that regulate time, not a fare for a single bus ride, can be expected in Budapest starting at the... 2021.11.09.
Governor Matolcsy: Budapest Small in the World, Too Big for Hungary György Matolcsy, the governor of Hungary's central bank, has argued in an op-ed for magyarnemzet.hu that changes are needed to... 2021.11.09.
Nestlé Invests in Hungary, Expanding Pet Food Production Factory Swiss food company Nestlé is investing another 35 billion forints in Hungary (EUR 97 million) to expand its Hungarian capacity,... 2021.11.08.
Governor Matolcsy: Central Bank Crisis Management Successful The National Bank of Hungary (NBH) handled the 2020 crisis successfully, and kept inflation at 3.3 percent, close to target,... 2021.11.08.
Elon Musk’s $6 Billion Challenge Inspires Hungarian Tungsram Indoor farming is "the most viable solution" to end world hunger, Tungsram believes. Therefore, the Hungarian company has taken the... 2021.11.08.
Hungary’s Retail Sales Growth Accelerates to 5.8% in September Retail sales in Hungary rose by an annual 5.8 percent in September, data released by the Central Statistical Office (KSH)... 2021.11.05.
Industrial Output Falls 2.3% in September Industrial output in Hungary fell by an annual 2.3 percent in September as the global chip shortage impacted the local... 2021.11.05.
Airbnb to Support Tourism in Hungary with Five-Point Commitment Airbnb has published its list of commitments to help revitalize tourism in Hungary. New accommodation providers would be required to... 2021.11.05.
Expo 2020 Hungarian Pavilion Draws 100,000 Visitors The Hungarian pavilion at the 2020 World Exposition in Dubai has attracted 100,000 visitors since the fair opened a month... 2021.11.05.
Home Building Permit Issues Climb Close to 30% in Q1-Q3 The number of home building permits issued in Hungary rose by an annual 29.8 percent to 22,430 in the first... 2021.11.05.
Compulsory Vaccination Unpopular Even with Employers The list of companies announcing that they won't be imposing compulsory vaccination is growing, while there still isn't one company... 2021.11.04.
Finance Ministry Lowers 2021 GDP Forecast to 6.8% The finance ministry has lowered its projection for GDP growth this year to 6.8 percent against the backdrop of higher... 2021.11.04.
Deal Reached on Minimum Wage Rise An agreement on next year's minimum wage rise has been reached, the Innovation and Technology Ministry said on Wednesday, after... 2021.11.04.
EBRD Raises Hungary 2021 GDP Growth Forecast The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungary's GDP growth this year to 7.7 percent... 2021.11.04.
Gov’t: Administration Steamlined for South Korean Companies South Korean companies can expect completely hassle-free administration during investment and trading operations in Hungary thanks to a recent agreement... 2021.11.04.
Hungarians to Spend More on Christmas Presents This Year Compared to last year, Hungarians are planning to spend 25 percent more money on gifts. According to a recent study,... 2021.11.04.
Dubai Crown Prince Visits Hungarian Expo Pavilion Dubai Crown Prince Hamdan bin Mohammed Al Maktoum visited Hungary's pavilion at Expo 2020 Dubai on Tuesday, the Hungarian Tourism... 2021.11.04.
Carrots Grown in Northwestern Hungary Granted Geographical Indication Carrots produced in the rich soil around Lake Fertőd in northwest Hungary were granted the European Commission's protected geographical indication... 2021.11.04.
FM Szijjártó: Cooperation Between South Korea and Hungary ‘Success Story’ Bilateral trade between South Korea and Hungary has grown tenfold over the past twenty years, showing the success of economic... 2021.11.03.
Danish Biotechnology Company Soft Flow Inaugurates New R and D Center in Pécs Research and development projects are making up an increasingly large proportion of investments in Hungary, Péter Szijjártó, the minister of... 2021.11.03.