Business

07/09/2024

China considers building an aviation hub at Budapest Airport

The Chinese airline hub would facilitate further travel from Budapest to Western destinations for Chinese passengers. #China #aviation #airline #BudapestAirport #Budapest #airport
07/09/2024

Exciting: Direct bus to connect the Hungarian capital with Designer Outlet in Parndorf, Austria

From 20 September, the Designer Outlet in Parndorf will launch a direct shuttle bus service from Budapest. Read the details below: #shopping #Austria #Parndorf #designer
06/09/2024

Charming and cozy Buda Castle hotel reopened – PHOTOS, VIDEO

Among others, the new Budapest hotel offers a breathtaking panoramic view and excellent breakfast. #CarltonHotelBudaCastle #budapest #tourism #hotel
06/09/2024

Hungary in trouble? Orbán cabinet issues samurai bonds

Hungary issued JPY 39.6bn of samurai bonds denominated in Japanese yen. #samuraibonds #economy #orbangovernment
06/09/2024

Bloomberg: Orbán cabinet prepares to unleash monumental pre-election spending despite serious budget imbalance

The Orbán cabinet will accelerate state spending before the 2026 general elections, Bloomberg says. Will that lead to an economic catastrophe? #hungarianeconomy #viktororban #statebudget
06/09/2024

CRRC ZELC to build Chinese-Hungarian train factory in Hungary

The Chinese state-owned company and Acemil also aim to set up a railway education, training, and R&D centre.
05/09/2024

Hungarian central bank governor calls for economic policy turnaround

György Matolcsy said that a loss of economic policy direction between 2021 and 2024 has undermined the achievements of the 2010s. #nationalbank #centralbank #bank #money #economy
05/09/2024

Russian oil dispute in Hungary: Market struggles or internal conflicts

Europe has been stirred by statements from the Hungarian and Slovak governments, accusing Ukraine of disrupting their supply of Russian oil through sanctions imposed on the oil company Lukoil.
04/09/2024

Historic Lidl announcement concerning Hungary

Historic Lidl announcement in Hungary: here's what the German chain will build in Kiskunfélegyháza. #lidlmagyarorszag
04/09/2024

Hungarian Festipay strategic agreement for cashless payment services in the Middle East – UPDATED

Will Hungarian integrated cashless payment solutions and event planning services conquer the Middle East? #middleeast #festipay #gss #economy
04/09/2024

Chinese money will save the collapsing Hungarian railway system?

Hungary would develop its railway system with Chinese money. #china #money #development #railway #infrastructure
03/09/2024

BMW to build Hungary’s largest solar farm

German car manufacturing giant BMW's solar plant will be the largest in Hungary as well as the largest owned by the company:
03/09/2024

Audi unveils the CUPRA Terramar: new model to be manufactured in Hungary

Another quality car to be produced in Hungary: the Cupra Terramar:
03/09/2024

World’s longest underwater electricity cable, 1,100 km long, brings green energy to Hungary

Five countries join forces to supply green energy to the West:
03/09/2024

Housing market: High costs in Hungarian cities make smaller towns and cities abroad more appealing

Budapest has become one of the less affordable cities in Central and Eastern Europe, as housing market prices have risen significantly over the past few years.
03/09/2024

Hungarian economy struggles: latest figures reveal significant downturn

The Hungarian Central Statistical Office (KSH) has detailed how the GDP data for April-June were compiled, confirming the worst expectations in the Hungarian economy. The KSH confirmed […]
03/09/2024

Hungary and Slovenia’s foreign ministers hold key talks on bilateral and regional issues

Hungary's two largest companies are also major players in Slovenia:
02/09/2024

Brokerage scandal defendant handed 13 years prison sentence

That's how many years in jail for fraud involving billions of forints...
02/09/2024

Once-in-a-lifetime opportunity: Here’s how you can get free ownership of a Hungarian castle

You can bid for eight Hungarian castles, but you must meet strict criteria: #history #castles #heritage
02/09/2024

Austrian Kronospan completes €5.1 million capacity expansion in Hungary

"Austria is Hungary's 4th largest trading partner"