Business

02/09/2024

New Hungarian payment system launched, thousands of merchants use qvik

Here is the qvik, the huge innovation in Hungarian shops:
02/09/2024

Hungarian economy shows disappointing latest data

The market may be pessimistic after the release of the KSH data...
02/09/2024

Upcoming vote could jeopardise Airbnb’s future in Budapest

In September, Budapest’s sixth district will hold a ballot to decide on a potential ban on Airbnb operations within the neighbourhood.
01/09/2024

Hungarian government’s new plan on savings may skyrocket property prices

The Economic Cabinet is discussing an initiative allowing savings to be spent on property buying tax-free. Will that result in skyrocketing prices? #property #realestate #hungariangovernment
01/09/2024

SPAR vs Orbán war continues: Austrian CEO wants infringement procedure against Hungary

Spar is losing a significant amount of money due to the Hungarian government's excess profit tax. Will this lead to another infringement procedure against Hungary? #spar #sparmagyarorszag #hansreisch #europeancommission
31/08/2024

New QR code payment system qvik to launch in Hungarian stores on 1 September

Not only will transactions be free from fees imposed by banks, but they will also be exempt from transaction taxes. #qvik #qrcode #payment #money #shopping
31/08/2024

Budapest Airport prepares for 75th birthday with new destinations and developments

Budapest Airport is set to celebrate its 75th anniversary next year: here is what they're preparing. #BudapestAirport #birthday #celebrations
30/08/2024

MOL not informed of plan to shut down Friendship crude oil pipeline, company says

According to Hungarian state oil company MOL, it has not been informed in any form about alleged plans to stop the operation of the Druzhba pipeline. #oil #energy #MOL #Ukraine #Russia
30/08/2024

Uber introduces cash payment option in Budapest!

Uber has adapted to the Hungarian market by introducing the possibility of paying with cash for rides in Budapest, the company recently announced. #Uber #taxi #Budapest #cash
29/08/2024

Airbnb association takes up the fight against possible ban in Budapest

Will Terézváros ban Airbnbs? #airbnb #make #budapest #referendum
29/08/2024

Europe’s biggest online webshop enters Hungary this year

The Eastern European Amazon plans to conquer Hungary soon. #allegro #poland
28/08/2024

Hungarians go shopping abroad because Hungary became too expensive

The Hungarian state loses lots of tax revenues but cannot stop the latest trend: more Hungarians go shopping abroad because it is cheaper. #hungarianeconomy #foodprices #shoopingabroad
28/08/2024

Construction of Hungary’s seaport moves one step closer – But with reduced functionality

Find out when Hungary's seaport will become operational and how the project's details have changed.
27/08/2024

Spain blocks Hungarian Talgo train factory deal over Orbán’s Russia ties

A generous offer derailed by political concerns. #Orbán #Putin #Russia #Talgo #Spain #railway #train
27/08/2024

Official: Revolut and Wizz Air make a favourable decision for passengers!

A significant shift in payment policy. #WizzAir #Revolut #travel
27/08/2024

New apartment prices in Budapest see highest increase among European capitals in 2023

What is more, renting an apartment in Budapest is the most expensive relative to wages. #property #realestate #renting #housing #Budapest #Europe
27/08/2024

Budapest Marriott Hotel up for sale, Orbán’s son-in-law’s company among potential buyers

It's been revealed that one of the leading contenders for the hotel's purchase is the BDPST Group, a company tied to István Tiborcz, PM Viktor Orbán’s son-in-law. #hotel #Budapest #investment #Orbán
26/08/2024

Hungary solar power output hits record high, Paks construction ‘reaches new milestone’

There is positive news from Hungary in the energy crisis:
26/08/2024

Latest average earnings in Hungary: updated income statistics and trends

The average earnings (gross wage) in Hungary increased by 13.3 percent, latest statistics here:
26/08/2024

Here are the cheapest places to buy a house in the Budapest agglomeration

In 2024, the Budapest agglomeration's real estate market surged, with a 70% increase in transactions. #realestate #housing #Budapest #agglomeration