EMAG to Carry Out Huge Warehouse Investment in Hungary Hungary's leading e-commerce service provider, eMAG - Extreme Digital is building a huge warehouse in Dunaharaszti, near Budapest. The company’s... 2022.06.24.
Suzuki Retains Its Leading Position in the Hungarian Car Market In 2021, Suzuki Hungary's Esztergom plant produced more than a hundred thousand vehicles. The brand managed to maintain its leading... 2022.06.23.
Smokers Are Not Discouraged by Tax Increase A recent European study seems to confirm that higher cigarette prices could further strengthen the black market, while differential taxation... 2022.06.23.
Hungary Faces Record High Workforce Shortage as Jobs Go Unfulfilled Hungary faces a never before seen workforce shortage similar to the pre-Covid economic situation, and the problem is only projected... 2022.06.23.
Gazprom to Make Up for Shortfall of Gas For a week, Hungary will receive less Russian gas than agreed, but the country will be able to make up... 2022.06.22.
Ryanair Could Be Fined Five Million Euros The high number of complaints has led the Minister for Consumer Protection to order an extraordinary investigation into Ryanair's practices,... 2022.06.22.
Fire Blade 2022 Military Exercise Held in Hungary The international military exercise, Fire Blade 2022, was held yesterday in the ruins of the training base at Újdörögd in... 2022.06.22.
More than Half of Hungarian Employees Received a Pay Increase in 2022 Around 59% of Hungarian employees have received a pay increase this year, with an average increase of 12.7%, a new... 2022.06.21.
Russian Gas Cut Off from Pipelines Including Those Supplying Hungary Gazprom will stop gas supplies on the TurkStream pipeline for a week as of June 21st. Since September of last... 2022.06.21.
Ryanair Denounced by Safe Society Foundation The Budapest Committee of the Safe Society Foundation, which also deals with consumer protection regulation, has denounced Ryanair for displaying... 2022.06.21.
Online Tax Returns Increasingly Popular; HUF 50 Billion to be Distributed to Charities Christian communities are some of the greatest beneficiaries of the Hungarian tax-return policy. Online tax returns have become the most... 2022.06.21.
Finance Minister: Hungary Climbs Three Places in Competitiveness Ranking Hungary ranks 39th on the list of the world's most competitive economies, up three places from last year, Finance Minister... 2022.06.20.
Building Crèches to Help Working Parents – a Step Towards a Family Friendly Economy The birth of children in Hungarian families is a priority, and the government would like to provide all the help... 2022.06.20.
Ryanair Acts Unfairly with Business Partners, Transport Service CEO Says "In addition to the special tax, further measures are needed in aviation, a market in which ground transportation companies are... 2022.06.17.
Balaton Restaurants Optimize Work for a Favorable Tourist Season Tourism at Lake Balaton is off to a good start this year, according to Balázs Csapody, owner of the Little... 2022.06.17.
Exclusive Interview with Hans-Peter Kemser, Director of BMW Group Plant Debrecen - At the beginning of June the foundations were laid for the new BMW plant near Debrecen. Could you tell... 2022.06.17.
Fire at MOL’s Danube Refinery, One Plant Shut Down A small fire broke out at the Atmospheric and Vacuum Distillation-2 (AV-2) plant of the Danube Refinery in Százhalombatta, a... 2022.06.15.
Several Companies Pass Government’s ‘Extra Profit Tax’ onto Consumers In response to the Hungarian government’s windfall tax imposed on large companies to create extra revenue for the funding of... 2022.06.14.
Some Affected Companies Likely to Pass Government’s Windfall Taxes to Consumers, New Analysis Finds A new report by left-leaning economic think-tank GKI finds that despite prior promises from the Hungarian government, a significant share... 2022.06.14.
Survey: Lack of Talent Affects Three Quarters of Employers Some 30% of Hungarian employers said they plan to increase their workforce in the next quarter, while 17% would reduce... 2022.06.14.
Oil and Gas Analyst: Hungary’s Petrol Stocks Go Towards Helping OMV, but Also Helps MOL Hungary is releasing part of the country's strategic petrol and diesel stocks to help the situation caused by the longer-than-planned... 2022.06.14.
