Business

08/02/2024

Number of green vehicles up five fold in the last few years

A massive jump in the number of green vehicles in Hungary, and now a big tender has opened to support companies buying electric cars. Details here:
08/02/2024

New EU standard to come into force: Will minimum wage increase in Hungary?

The EU principle set to come into force in November this year aims to set the minimum wage at 60% of average gross earnings. Hungary cannot yet compete with that. #minimumwage #europeanunion #money
08/02/2024

Hungarians to put an end to sticky honey business?

Hungarian researchers have tested a new way to tell real honey from fake honey. This could be a real game changer in the detection of fake honey. #honey #research #food
08/02/2024

Important and positive figures from the Hungarian Ministry of Finance

The Hungarian Ministry of Finance came out with important and positive figures, which is welcome compared to last year's disastrous year
08/02/2024

Hungarian forint fell sharply in the last few days, but today there is hope

The Hungarian forint is having a terrible time, but maybe today will give Hungarians a glimmer of hope:
06/02/2024

Rent prices in Budapest and in the countryside increased by this much

The average monthly rent for brick apartments in Budapest was HUF 235,000 (EUR 608) last year. #Budapest #rental #rent
06/02/2024

Hungary Dec industrial output down 13.7 pc yr/yr

Adjusted food sales rose by 1.3 percent, while non-food sales dropped by 3.0 percent. Vehicle fuel sales were 3.8 percent higher. Month on month, sales were 1.4 percent higher. #Hungarianeconomy #statistics #KSH
05/02/2024

Hungary received hundreds of millions of euros from European bank

Almost half a billion euros came to Hungary from a European bank #money #eib #EuropeanInvestmentBank #investment
05/02/2024

Attention! Hungary issues golden visa for non-EU citizens

This is how Hungary would like to attract foreign, non-EU investors to spend their money here - details about the program in our article below. #visa #travel #investment #residency #residencypermit #border
05/02/2024

Hungary’s balance of trade improving

Good news from Hungary's economy #economy #trade #statistics #KSH
04/02/2024

Surge in foreign investors expected in Hungary’s real estate market

A surge of foreign investors may emerge in the Hungarian real estate market due to a new regulation. #realestate #foreigners #business #regulation
04/02/2024

Hungarian fuel prices reach record high: government will reintroduce price caps?

Should we expect long queues at the petrol stations again or should we prepare to pay even more for fuel in Hungary? #fuel #price #economy #government #travel
03/02/2024

Official: This European city is now the largest base of Wizz Air

Romania is also ahead of Hungary in the air, with Bucharest replacing Budapest as Wizz Air's largest base last year. #romania #bucharest #wizzair #budapest #travel #flight
03/02/2024

5 and 10 forints coins will be withdrawn, HUF 50-100,000 banknotes will be issued in Hungary?

Will old forint coins be withdrawn and will new forint banknotes be introduced in Hungary because of the high inflation? Here are the answers. #forint #economy #inflation #crisis
03/02/2024

Chinese and other Eastern investments exceeded historic rate in Hungary

Chinese and other Eastern investments exceeded historic rate in Hungary last year with China being one of Hungary's most important trade partners. #China #trade #investment #economy
02/02/2024

Absolute live and Power fruit: Hungarian success in sport drinks and vitamin drinks 

Ervin Nagy set up R-Water, replacing carbonated soft drinks with sports drinks and then vitamin drinks. Not only did it become a major player at home, but
02/02/2024

Strategic Marketing for Gambling Businesses in Hungary

For gambling businesses in Hungary, strategic marketing is a multifaceted challenge that requires a deep understanding of the legal landscape, customer preferences, digital trends, and...
01/02/2024

Submarine data cable from Hungary to Egypt

4iG chief Gellért Jaszai said the two companies could obtain a large share of the data communications market between Europe, Asia, and east Africa through the new project. #informationtechnology #Egypt
01/02/2024

Hungary trade surplus EUR 1.6 bn in November

Exports slipped by 3.1 percent year-on-year to EUR 13.0 billion. Imports dropped by 23 percent to EUR 11.4 billion. #KSH #statistics #trade
31/01/2024

Hungary industrial producer prices decrease

Bad news from the Hungarian economy #economy #industry #prices #money