Business

25/08/2024

Are Hungarians wealthier than expected? Many moving their money abroad

In addition, foreign currency loans have reached a level not seen for over a decade. #money #finances #loan #wealth #banking
25/08/2024

Hungarian government plans significant minimum wage increase – Could EUR 1,000 become the new standard?

Do you think the government’s plans for the minimum wage are realistic?
24/08/2024

Hungary’s debt to China skyrockets, raising financial concerns

Hungary has significantly increased its financial and strategic ties with China, borrowing over EUR 1 billion in secret loans and engaging in large-scale infrastructure projects recently.
24/08/2024

Official: Brussels leaves Hungary and Slovakia to handle Lukoil sanctions alone

The European Commission has refused to mediate between Hungary, Slovakia, and Ukraine regarding the sanctions Kyiv imposed on the Russian oil company Lukoil, according to an […]
24/08/2024

Budapest baths risk closure amidst political and financial tensions

According to an expert, several smaller baths in Budapest face potential closure. #bath #spa #swimming #summer #Budapest
23/08/2024

High-end parking craze in Budapest: Buyers shell out millions for premium garages

The most expensive garage is listed at an astounding HUF 229 million (EUR 580 thousand). #garage #parking #car #travel #property #investment
22/08/2024

The Impact of Foreign Direct Investment on Hungary’s Small and Medium Enterprises

Foreign Direct Investment (FDI) has been a significant driver of economic growth across many countries, and Hungary is no exception.
22/08/2024

Válasz Online: All-time greatest property scam in Hungary involving Orbán cabinet and government-close businessmen unveiled

The overpricing was between 40-70%. What will taxpayers say? #viktororban #orbancabinet #economy #officebuilding #budapest
21/08/2024

Tourists vs cities: Next clash in Budapest – mayor, government-close tourism board against Airbnb

Will locals save Airbnbs in Terézváros, or will tourists disappear from the downtown district? #airbnb #budapesttravel #budapesttourism #orbangovernment #terézváros
19/08/2024

New China-Hungary projects in the pipeline as economic cooperation grows

Several Hungarian-Chinese projects are in the making: check them out below. #China #business #diplomacy #investment
17/08/2024

Good news for customers: Revolut elevates its presence in Hungary

Revolut has made an important decision affecting all its customers in Hungary. #revolut #money #transaction #hungarianeconomy #romania #ireland
17/08/2024

Popular Swedish outdoor equipment chain Fjällräven opened 1st store in Budapest! – PHOTO GALLERY

The first store opened in a popular Budapest mall. #budapest #Fjällräven #sarkirokabudapest #shopping
16/08/2024

Lake Balaton overrun with luxury properties and controversial projects

Will Lake Balaton become completely inaccessible in the near future?
15/08/2024

Surge in rental market prices amid growing demand in Hungary

In the last month, prices in the rental market surged across Hungary, particularly in Budapest, as the high season kicked off with increased demand following the announcement of university admission points.
15/08/2024

Hungarian animal husbandry outstanding between January and July

The performance of Hungary's pork, poultry and milk industry grew at an outstanding pace in European Union comparison in the first half of 2024. #husbandry #animal #economy #government #meat #milk
14/08/2024

Negative trend continues in Hungary’s industry

KSH brought bad news about Hungary's industry output. #industry #economy #ksh
14/08/2024

Wizz Air launches “All You Can Fly” pass: Unlimited flights with some fine print

Despite its limitations, the WIZZ All You Can Fly pass is the first of its kind in Europe, offering a potentially cost-effective solution for frequent and flexible travellers. #WizzAir #AllYouCanTravel #travel #tourism
13/08/2024

New hostel in Budapest: Safestay continues its expansion in Europe

This investment is expected to generate EUR 350,000 in revenue during its first year of operation. #Safestay #hostel #accommodation #Budapest #tourism
13/08/2024

Struggling media giant Warner Bros. Discovery: Hungarian group emerges as potential rescuer

TV2 Média has been identified as a potential buyer for Warner Bros. Discovery’s Polish assets, according to industry sources. #media #Poland #TV2 #Mészáros
13/08/2024

Hungarian real estate firm with government ties acquires Spanish shopping centre for EUR 50 million

Another huge acquisition. #Spain #government #shoppingcentre #business