Continental Tobacco Group Faces Good Tobacco Harvest Despite the extreme weather, the Sátoraljaújhely-based (eastern Hungary) Continental Tobacco Group remains optimistic about the tobacco harvest season. DOFER Tobacco... 2024.08.05.
Despite the Drought, Estimations Suggest No Need to Import Maize This year's maize harvest should meet domestic demand despite the reducing effects of the drought, hence there is no need... 2024.08.05.
Competition Authority Fines Popular Low-cost Airline Wizz Air Wizz Air has engaged in commercial communication in breach of the professional diligence requirement on the essential features of its... 2024.08.05.
Government Fighting for Fair Competition Conditions for Beekeepers For the export-oriented Hungarian honey sector and the livelihood of beekeepers, it is a key issue that the prevailing unfair... 2024.08.05.
Battery Factory Workers Earn Well Above the Average The Chinese CATL announced its mega investment in Hungary in 2022. A battery factory in Hungary pays HUF 830,000 (EUR... 2024.08.05.
Young People’s Personal Income Hits Record High Young people's personal income reached a record high in the second quarter, with the monthly net amount surpassing HUF 200,000... 2024.08.05.
Renewal of Expressway Road Surfaces in Full Swing On the Hungarian expressways operated by MKIF Zrt. ("Hungarian Concession Infrastructure Development Company"), over 1.8 million square meters of the... 2024.08.02.
Budapest Airport Closes a Record Half-year In the sixth month of the year, more than 1.5 million passengers passed through Budapest Airport, breaking the all-time record... 2024.08.02.
The Country’s First Electric Articulated Bus to Enter Service in Veszprém Hungary's first electric articulated bus is to be introduced in local transport in Veszprém (western Hungary), as V-Busz Kft. aims... 2024.08.02.
Budapest Stock Exchange Hits Record Turnover in July The Budapest Stock Exchange's (BÉT) leading index, the BUX, closed at a record high of 74,051 points in July, marking... 2024.08.02.
Ministry for National Economy Gains Control of Air Navigation From August 1, 2024, HungaroControl, the Hungarian air navigation service provider, will be under the indirect control of the Ministry... 2024.08.02.
Job Opportunities and Wages See Significant Growth Since 2010 The Secretary of State for Public Finance, Péter Benő Banai, highlighted significant economic progress in Hungary during a presentation in... 2024.08.02.
The Prime Minister Orders 5% Savings for State-Owned Companies Prime Minister Viktor Orbán has decreed a 5% reduction in state company expenses this year, focusing primarily on personnel costs,... 2024.08.01.
Half the Budget now Allocated under the Popular E-car Support Program Over 3,400 companies have applied for support to purchase green vehicles, and the applications received so far cover more than... 2024.08.01.
Strengthening Sovereignty and the Economy with Focusing on Defense Industry Starting on August 1, 2024, the Ministry for National Economy (NGM) will assume ownership of N7 Holding Zrt., marking a... 2024.08.01.
1B Export Surplus Despite Trade Slowdown In May, Hungary's trade surplus in goods was EUR 1.0 billion, down EUR 218M from last year, according to the... 2024.08.01.
South Korean SK Group Merger to Benefit the Company’s Hungarian Battery Factories The South Korean parent companies of SK On Hungary, which has three battery factories in the country, are expected to... 2024.08.01.
German Brands Dominate the Domestic Used Car Market Experts from Használtautó.hu, a portal that covers the entire Hungarian market in terms of number of ads and visits, looked... 2024.07.31.
Foreign Minister Szijjártó Blasts EU Inaction on Ukraine’s Oil Blockade Why has the European Commission not taken any action against Ukraine over the ban on oil deliveries in more than... 2024.07.31.
Mercedes-Benz Kecskemét Plant Lays Off 100 Temporary Workers Mercedes-Benz’s Kecskemét (Central Hungary) plant has changed from three to two shifts daily operation starting in July due to transitioning... 2024.07.30.
Industrial Solar Energy Production Hits Record High The peak production of industrial solar power plants has been broken again. The total production of solar systems above 50... 2024.07.30.