Business

04/03/2024

MKIK head: foreign guest workers should be employed in a regulated way to strengthen the economy

According to MKIK head, more jobs can be created by employing foreign guest workers. But as unemployment is very low in Hungary, more guest workers will be needed:
04/03/2024

Orbán: there must always be an entity between Hungary and Russia 🔄

Viktor Orbán's speech on the Hungarian economic strategy, West and East, Russia, Trump, EP elections and the Visegrád Group
04/03/2024

Pricing paradox: Hungarian food costs less abroad – here is why

A curious trend has emerged in the food industry: in many cases, Hungarian-produced food can be bought for a lower price in other European countries, like Germany. What are the reasons behind this phenomenon? #Food #Prices #Germany #EU #Europe
04/03/2024

Budapest Airport loan faces OLAF investigation: Allegations of misconduct surface

OLAF, the European Union's anti-fraud office, is conducting an investigation into alleged serious misconduct involving European Investment Bank personnel regarding an EUR 200 Million loan to Budapest Airport in 2018. What prompts this investigation? #EU #EIB #Budapest #Airport #Investigation #OLAF
03/03/2024

Posh 5-star Pullman Budapest Hotel to open in the heart of the capital

The vibrant and stylish Hard Rock Hotel Budapest will be rebranded as Pullman Budapest Hotel and will be opening its doors very soon. #hotel #PullmanBudapestHotel #Accor #luxury #budapest
03/03/2024

Popular Polish e-moped sharing service leaves Budapest

Budapest will not have this e-moped sharing service anymore. #blinkee #service #emoped #Budapest
01/03/2024

Hungarian government bond failed as an investment

The government aimed to attract additional funds into government bonds. However, the majority of Hungarians opted for alternative tax-free investment avenues. What do the statistics say about Hungarian savings? #Savings #Government #Bonds
29/02/2024

Hungarian forint falls at brutal pace: where will it land?

The Polish zloty is soaring against the forint, now at an all-time high against the Hungarian currency.... #money #HUF #Hungarianeconomy
29/02/2024

Hungarian investment volume falls 3.0 pc in Q4

In the full year of 2023, investment volume fell by 8.5 percent from the previous year. #KSH #statistic #investment
28/02/2024

Hungary’s greatest solar energy project is underway with Chinese Huawei

Hungary's largest solar energy project is underway, in collaboration with Huawei. #Huawei #accumulator #energy #energystore #storage #renewableenergy #greentransition
28/02/2024

Forint at 5-month low!

HUF 400/EUR on the horizon? #forint #euro #economy #nationalbank #bank
27/02/2024

The National Bank’s decision may wreak havoc on Hungarian forint – UPDATE: HUF 400/EUR comes!

The Monetary Council of the Hungarian National Bank is expected to cut the base rate again today: here is how that may affect the forint #forint #nationalbank #mnb #economy
27/02/2024

Hungarian CEOs’ surprising experiences with foreign workers

What are Hungarian business leaders afraid of? What are their experiences with foreign workers? Do CEOs want the euro? Read below to find out: #business #investment #currecy #labour
26/02/2024

Hungary forwards proposals on reducing farmers’ red tape

After a meeting of EU agriculture ministers - Hungary has advanced 45 proposals to the Belgian EU presidency on reducing administrative burdens on farmers
26/02/2024

This is where rent takes the biggest part of the salary in Hungary

In recent years, rents in Hungary have gone through the roof. This is confirmed by the latest survey:
26/02/2024

Price of ice cream likely to skyrocket this summer in Hungary

The surge in ice cream prices primarily stems from the need to elevate both production costs and employee wages. What prices can we expect this summer? #Icecream #Food #Budapest #Győr
25/02/2024

Restaurant prices skyrocket in Hungary: people eat less

A main dish costs HUF 5-7,000 (EUR 12.8-18) in a Hungarian restaurant, but that is too much for the average Hungarian. #inflation #food #restaurant #statistics
23/02/2024

Unemployment in Hungary rises to levels not seen for 3.5 years

But of course, according to the state secretary for employment policy, they are doing a good job as opposed to the "previous Socialist governments" – before 15 years ago. #labour #employment
22/02/2024

Average wage rises in December, half of Hungarians still earn less than EUR 1300/month

In 2023, the average net salary, taking into account the discounts, reached HUF 393,700 (EUR 1,016). #salary #wage #money
21/02/2024

Mini Dubai to rewrite Budapest property market: what should we expect?

The mini Dubai could well make property prices in the surrounding neighbourhoods skyrocket. Would you consider moving there? #budapest #property #realestate