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.
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.
