Business

02/04/2024

Hungarian Finance Minister meets Chinese counterpart in Beijing

Finance Minister Mihály Varga has met Lan Fo’an, his Chinese counterpart, in Beijing, the finance ministry said in a statement on Tuesday. “Efforts in the past […]
02/04/2024

Latest figures from the Central Statistical Office: Hungary has EUR 583 m trade surplus, factory gate prices fall

Factory gate prices in Hungary dropped by an annual 4.3 percent in February, falling for the seventh month in a row after rising for years, data […]
02/04/2024

Hungary reduces gas consumption above EU expectations

"Hungary's consistent position is that defining a member's energy mix should stay a national competency"
01/04/2024

Surprising news: Russian discount chain is coming to Hungary – PHOTOS

The discount chain promises to offer prices 20% lower than the market average. #discountchain #shopping #russia
31/03/2024

Wizz Air to lose more than 20% of its planes due to faulty engines, the worst is still ahead

Wizz Air in trouble: they will probably lose 20% of their planes temporarily due to an engine problem that requires maintenance #WizzAir #travel #tourism #engine #prattandwhittney #rtx
31/03/2024

Will the luxurious mini Dubai propel real estate prices to new heights in Budapest?

According to experts, mini Dubai could impact the real estate dynamics of the 14th district and the neighbouring areas. #miniDubai #Budapest #Rákosrendező #UAE
31/03/2024

Long overdue: New FLIRT Intercity trains revolutionise Hungarian railways

Stadler and Győr-Sopron-Ebenfurt Railways (GYSEV) Ltd. have finalised a contract for the supply of nine FLIRT Intercity electric multiple units, with an option for an additional four. What can these trains offer? #GYSEV #Stadler #Trains #Travel #Intercity
29/03/2024

Why are middle-class Chinese moving to Hungary and do they speak English there?

The migration of middle-class Chinese families to Hungary represents a fascinating chapter in a globalized world:
29/03/2024

Fuel price record high in Hungary while forint strengthens

Good Friday saw a record-high fuel price in Hungary, while the forint started to strengthen, which is good news for the Hungarian economy. #forint #fuel #economy #crisis #government
26/03/2024

Hungarian central bank cuts the base rate again

Hungarian central bank rate-setters reduced the base rate by 75 basis points, to 8.25 percent, at a regular policy meeting on Tuesday. The Council also decided […]
26/03/2024

Remarkable: Partially Hungarian-built hydrogen train sets Guinness record – PHOTOS, VIDEO

Stadler's hydrogen train, named FLIRT H2 and partially built in Hungary, has entered the Guinness Book of World Records. #train #stadler #railway #hydrogen #travel #transport #guinnessbook #record
26/03/2024

From Budapest to Bucharest: Munch’s journey to combat food waste and expand into Romania

A Hungarian food rescue startup called #Munch is expanding its operations into #Romania starting in March, intensifying its efforts to fight food waste in the region. #Munch #Food #Romania #Bucharest #Budapest
26/03/2024

Groundbreaking ceremony for defence giant Rheinmetall in Hungary – photos

"German company #Rheinmetall is known as a defence investor, and the project is linked to the defence industry, it goes beyond it." #szeged
25/03/2024

Official: gas supplies from Türkiye to Hungary to start in April

Natural gas will start flowing from Türkiye to Hungary on April 1, so a “historical date is approaching,” the foreign minister said on Monday. Péter Szijjártó […]
25/03/2024

Atomexpo 2024 in Sochi: Hungarian Foreign Minister announces another milestone at the Paks nuclear power plant

Complete dependence on Moscow: Hungary is heavily dependent on Russian energy sources, and the latest nuclear power plant is being built by the Russians...
25/03/2024

Hungarian budget has collapsed in two months, the deficit is already huge

Only two months of figures for the year and already the Hungarian budget is in trouble...
25/03/2024

Giant Chinese battery plant in Hungary launches active recruitment

1 billion euros battery plant in Hungary, China's #EvePower has started recruiting:
24/03/2024

Hungarian National Bank to decide the forint’s fate next Tuesday: plummet may follow

Next Tuesday may mark another step towards a weaker forint since the National Bank's Monetary Council will decide about another base rate cut. #nationalbank #mnb #forint #economy #monetarycouncil
23/03/2024

SHOCKING: Budapest property prices exceeded psychological barrier

Housing is becoming more and more difficult in Budapest due to the soaring prices #property #realestate #money #statistics #budapest #dunahouse
23/03/2024

Startling: Uber returns to Budapest but will be very different

Uber's service will be different than what we got used to before. #Uber #Budapest #transport #traffic #travel