Liget Project to be Profitable Within 10 Years The Liget Budapest project is expected to be profitable within 10 years, writes an impact study by consultancy firm KPMG,... 2014.08.11.
KSH: Hungarian Tourism Sees More Bookings There were 7.6% more holiday accommodation bookings in Hungary in June and 6.8% more in the first six months of... 2014.08.09.
KSH: Foreign Trade Balance with Surprise Surplus This year's June saw the increase of both import by 4.5% and export by 3.8%, making a EUR 610 million... 2014.08.08.
KSH: Industrial Output on the Rise The industrial output in Hungary has seen a 11.3% rise in June, compared to the similar period last year, published... 2014.08.07.
Bloomberg: Forint Reaches 31-Month Low The Hungarian Forint fell to the weakest level compared to euro since January 2012, writes US economics site Bloomberg. Forint's... 2014.08.06.
MOL Group Buys Lukoil Petrol Stations in the Czech Republic Hungarian oil company MOL Group purchased 44 petrol stations of Lukoil in the Czech Republic, revealed MOL on Monday, reported... 2014.08.05.
National Bank: Hungary not Threatened by Deflation There are no direct risks of deflation in Hungary, but the deflation in the euro zone, stagnating the continent's economy,... 2014.08.04.
KSH: Hungarian Real Estate Market Shows Growth The Hungarian real estate market turnover has shown a growth of 3.2% in 2013, revealed the Central Statistics Office (Központi... 2014.08.02.
KSH: Tourists Spent More in 2013 Tourists traveling to Hungary spent more in 2013, revealed the Central Statistics Office (Központi Statisztikai Hivatal, KSH), reported news agency... 2014.08.01.
OTP Acquires Bank in Romania OTP Bank Romania, subsidiary of OTP Bank Nyrt., has purchased Romanian based Millenium Bank from Portugese Banco Comercial Portugues, revealed the bank... 2014.07.31.
190 thousand more people at work than a year ago In the 2nd Quarter of 2014, the number of employed people was 4,122 thousand, 190 thousand more than a year... 2014.07.30.
Bosnia and Hungary Sign Agricultural Agreement Representatives of Bosnia and Hungary signed an agricultural agreement on Tuesday in Budapest, reported news agency MTI. The agreement was... 2014.07.29.
Growth in Public Procurement There were 6944 successful public procurement in the first half of the year, which is 32.3% more compared to the... 2014.07.28.
Hungarian Competition Authority Collects Fines The Hungarian Competition Authority (Gazdasági Versenyhivatal, GVH) has closed 41 cases in the first half of the year, summing up... 2014.07.26.
Summer Student Work Program Receives Additional Funding The summer student work program is to receive an additional EUR 650.000 on top its original budget of 4.86 EUR... 2014.07.25.
Government to Buy MKB Bank The Hungarian government is set to buy MKB Bank Zrt. from share holder Bayerische Landesbank, stated the Bavarian bank, reported... 2014.07.24.
Hungarian National Bank Announces Rate Cut The Hungarian National Bank's Monetary Council ended an easing cycle started almost two years ago with an unexpected 20 basis point... 2014.07.24.
New Jobs in Tatabánya as Industrial Park Expands The city of Tatabánya has added 1500 new jobs in the last four years, said Csaba Schmidt (Fidesz-KDNP), mayor of... 2014.07.23.
Varga: Deficit not out of the Ordinary The 86.2% budget deficit in the first six months of 2014 is not out of the ordinary and is part... 2014.07.22.
Hungarian Trade House Opens in Skopje Péter Szijjártó, State Secretary of the Ministry of Foreign Affairs and Trade, has opened Hungary's twelfth Trade House in Skopje,... 2014.07.21.
Opel and Audi Fuel Hungary’s Economy Opel and Audi to boost production output in Hungary due to rising demands, fueling the country's economy, wrote in his... 2014.07.18.
