Business

14/02/2024

Hungarian forint at 3-month low: no recovery in sight

Negative GDP data, strengthening dollar, US inflation data: several factors played a role in this downturn. #forint #euro #dollar #currency #exchange
14/02/2024

Distressing figures: Hungarian GDP falls sharply in 2023

Was 2023 a lost year for Hungary? The economy was 0.8% weaker in 2023 than a year earlier. #gdp #economy
13/02/2024

Hungarian OTP Bank eyes expansion in Ukraine with major acquisition

Hungary's OTP Bank may become Ukraine's fourth biggest bank #bank #OTP #Ukraine #economy #investment
12/02/2024

Szijjártó: Multinational automaker to bring giga investment to Hungary

Multinational automaker Stellantis is investing EUR 116.2 million in moving the "key element" of its electromobility strategy to Hungary. #automaker #car #investment
12/02/2024

Huge growth: Hungarian real estate market takes off in January

The Hungarian real estate market started the year actively, with turnover 43% higher than a year earlier. #realestate #property
12/02/2024

Hungaroring upgrade to cost less than F1 race hosting fee discount

The Hungarian state will save EUR 276.2 million with the hosting fee discount negotiated with F1's commercial rights holder, Gergely Gulyás said. #hungaroring #f1 #sports
11/02/2024

PHOTOS: Here is how the Hungarian Air Force’s magnificent transport aircraft looks

The first C-390 Millennium of the Hungarian Air Force has successfully completed its maiden flight this week in Gavião Peixoto, in Brazil - details and photos below #embraer #brazil #aircraft #defenceforces #army #military
10/02/2024

Plane ticket prices increased significantly in Hungary: here is why

Planning to travel from Budapest? You may have to dig deeper into your pockets. #flight #travel #tourism #Budapest #BudapestAirport
10/02/2024

Hungarian OTP Bank leaves Romania after 20 years

Giant acquisition in Central Europe: Hungary's OTP Bank leaves Romania and sells assets to a Romanian bank #Romania #BT #BancaTransilvania #OTP #OTPBank #money
09/02/2024

Hungarian forint hit another historic low!

Hungarian forint on a downslope again #forint #economy #ViktorOrbán #Czechia #Poland
09/02/2024

Hungary inflation falls below psychological barrier

Inflation fell below psychological barrier in Hungary
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