Business

08/10/2024

Ambitious: Hungarian railway company MÁV embarks on a massive EUR 2 billion railway development

Next year, significant railway track renovations are set to begin across Hungary, aiming to reduce delays and improve service reliability for MÁV. #MÁV #railway #development #train #travel
08/10/2024

The EU cannot keep up with China and the US, says Minister Nagy in Geneva

"Not only has the EU failed to take steps to address the matter, but..." #WorldEconomicForum (#WEF)
08/10/2024

InvestEU guarantees to mobilise close to EUR 1.49bn of SME credit

European Union credit guarantees in the framework of the InvestEU programme will pave the way for outlays of close to EUR 1.49bn for SMEs
07/10/2024

Budapest tests Mercedes-Benz eCitaro fuel cell bus, you can try it for free

Passengers will be able to travel free of charge in the Mercedes-Benz eCitaro fuel cell bus currently undergoing testing: #bkk #bkv #mercedes #mercedesecitaro #bev #electricbus #hydrogen
07/10/2024

Number of battery electric cars in Hungary climbs over 60,000

The average age of cars in Hungary is 15 years, which is bad for the EU, but now the electric car revolution may help
07/10/2024

Euro millions stolen from those in need: Hungarian Integrity Authority exposes overpricing in EU-funded projects

One of the most despicable corruption cases in Hungary: Integrity Authority exposes overpricing in EU-funded projects
07/10/2024

Modest retail sales growth in Hungary, decreasing trade surplus, but ministry still celebrates

The performance of the Hungarian economy remains questionable, but the ministry is positive about the future:
07/10/2024

26 professional associations unite in opposition to Hungary’s full short-term rentals ban

Will the Hungarian government give in to the hotel lobby or let the market grow?
06/10/2024

Unprecedented: Egyptian businessman could acquire Hungarian football team

According to information, the municipality of the town purchased the remaining share of the club so now it's easier to sell it. #Egypt #football
06/10/2024

Wizz Air announces major flight reductions: Here’s the new winter schedule

While it was already known that Rome would be dropped from the airline's offerings from Debrecen, it has now been revealed that other routes will also be discontinued. #WizzAir #Debrecen #flight #travel #tourism
06/10/2024

Here’s how MÁV would improve its services in Hungary in the future

MÁV is set to reduce railway track charges to boost rail freight transport and improve sector competitiveness. #MÁV #railways #train #transport
05/10/2024

Türkiye’s fashion giant Koton opens first store in Hungary, with more to come – PHOTOS

Koton, the renowned Turkish fashion brand, officially opened its first store in Hungary, marking the beginning of its planned expansion in the country. #Koton #fashion #Türkiye
05/10/2024

Experts worried that PM Orbán’s brutal wage rise will bring inflation and a HUF 500/EUR exchange rate

PM Orbán talked about a shockingly quick wage rise in Hungary between 2025 and 2028, which can generate inflation and a significant forint fall. #orbán #forint #hungarianeconomy #wagerise
04/10/2024

Hungary’s industrial sector struggling, no sign of improvement, recession may come again

Hungary may slide back into recession because of the low domestic consumption, the struggling industry and the underperforming agriculture. #hungarianagriculture #hungarianindustry #hungarianeconomy #economy
03/10/2024

Hungarian forint doing something unprecedented: further slip expected – UPDATED

Experts talk about a 403 EUR/HUF exchange rate soon. Some say the Hungarian government intentionally weakens the forint. #forint #hungarianeconomy #hungariangovernment
03/10/2024

State-owned Hungarian energy company can conquer Romania’s market after large-scale acquisition

The Romanian government is concerned due to the Hungarian government's strong ties with Putin's Russia. #russia #hungarianeconomy #hungariangovernment #orbancabinet #mvm #eon #germany
02/10/2024

Apple charges Hungarian users again without warning as payment issue resurfaces

This technical issue has impacted cardholders in about 20 countries. #apple #payment #money
02/10/2024

Allegro launches in Hungary: Europe’s largest online marketplace now open to shoppers and retailers

Allegro, the largest European-backed online marketplace, is excited to announce its entry into the Hungarian market with the launch of Allegro.hu. #Allegro #marketplace #shopping
02/10/2024

Positive prospects: Price of petrol could drop as low as HUF 500, Hungarian central bank says

However, a less optimistic forecast is that natural gas prices are expected to rise. #petrol #fuel #gas
02/10/2024

Hungarian business develops AI-driven invoicing system

Kontron Hungary has developed an automated invoice processing and data analysis solution that uses artificial intelligence. #artificialintelligence #AI