Business

16/10/2023

Depressing: Hungarian forint loser of the past decade

With a 35% weakening in the past ten years, the forint is by far the worst performer out of the regional currencies. #forint #euro #currency #money #economy
16/10/2023

Stunning: Hungary’s gold reserves up by 3000% – PHOTOS

Hungary had almost 100 tonnes of gold by the end of 2021 which means an almost 3000% increase since 2013. We show you where the gold is
16/10/2023

Tesla’s streak of record deliveries encounters third-quarter challenge

Explore how Tesla, despite facing factory downtime and economic pressures in Q3, manages to sustain sales through price adjustments and tax credits. Learn about the electric vehicle industry's dynamics, the Model 3 refresh, Cybertruck anticipation, and future production prospects.
15/10/2023

Hungary’s national bank to give EUR millions to IMF

The national bank is planning to contribute millions of euros to the International Monetary Fund's Poverty Reduction an Growth Trust (PRGT) #money #IMF #nationalbank #bank
14/10/2023

Ryanair must pay gigantic fines in Hungary

Ryanair, the Irish low-cost carrier, must pay two fines in Hungary #Ryanair #government #travel #tourism #excessprofit #money #fine
14/10/2023

Romania ahead of Hungary in terms of GDP, recession inevitable this year

Hungary is falling behind in the region, experts have a gloomy outlook for the country's economy for 2023. #economy #GDP #Romania #recession
13/10/2023

Single price for drinks bottles is introduced in Hungary

Beverages will get more expensive. Shops use that as an incentive for customers to recycle. #innovation #redemption #bottles #recycling
12/10/2023

Hungary govt official addresses World Bank/IMF annual meeting

The IMF projects 3.1 percent GDP growth for Hungary in its 2024 forecast, the highest among the V4 countries and more than double the 1.5 percent growth rate predicted for the European Union as a whole, Tibor Tóth said. #IMF #WorldBank
12/10/2023

A chain reintroduces quantitative restrictions in Hungary

Tesco has introduced a quantity restriction on chicken breast fillets in Hungary due to high demand.... #Tesco #restriction #supermarkt
12/10/2023

Attention! Massive change coming to cash withdrawals in Hungary

While smart payments are becoming more common for traditional purchases, a card is still required for most ATMs. #KHBank #Bank #ATM
12/10/2023

Should small Hungarian businesses concentrate on an online presence?

Why are Hungarian businesses holding back? While the internet isn’t a new inception and has a wealth of opportunities for businesses of all sizes worldwide, there are...
11/10/2023

Measures to boost demand for government securities ‘extraordinarily effective’ in Hungary

Measures the government took in the summer to boost demand for government securities have "proven extraordinarily effective". #securities #government #money
11/10/2023

Another terminal-connected hotel to be built at Budapest Airport – VISUAL PLANS

The new TRIBE will be built next to the ibis Styles Budapest Airport Hotel and will offer 167 rooms. #hotel #budapest #budapestairport #tourism
11/10/2023

New bill may discourage Hungarians from using solar energy

The energy minister has unveiled massive changes to the accounting system for household solar energy panels. #solarenergy #renewableenergy #energycrisis #gasheating #russiangas
11/10/2023

Two new brands enter to Budapest hotel market – PHOTOS

By entering the domestic market, the two resorts will add a total of 265 rooms to the Budapest capacity. #hotel #budapest #ihghotelsandresorts #wing
11/10/2023

VIDEO: MÁV’s new leased locomotive had a problem on its first trip

The first trip of the first of the second-hand Siemens locomotives recently leased by MÁV did not end well... #MÁV #railway #transport
10/10/2023

German ambassador: German companies fear Hungarian government pressure

The ambassador talked about the challenges German businesses have to face when coming to Hungary. #business #German #company
10/10/2023

Orbán in trouble? IMF cuts Hungarian GDP forecast

Hungary's budget in trouble? #economy #crisis #government #GDP #IMF #inflation
10/10/2023

Wizz Air ‘lost’ two planes, shares plummet abruptly – UPDATE

József Váradi, the CEO of Hungary's low-cost airline, Wizz Air, told an Italian daily what happened to their lost planes #WizzAir #Ukraine #plane #shares #economy #Israel
10/10/2023

What does the future hold for the forint? 300/EUR or 400/EUR zone?

Most experts have a positive outlook on forint's future. #forint #money #euro