• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
HungaryTrends – The week in business and financeHungaryTrends – The week in business and financeHungaryTrends – The week in business and financeHungaryTrends – The week in business and finance
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
Support us
Alexandra Béni Alexandra Béni · 16/07/2018
· Business

HungaryTrends – The week in business and finance

construction economy investment labour market money statistics

The #business and #finance #news that were #trending last week

See below the main business and financial news from the previous week:

HOW TO CONVINCE EXPAT HUNGARIANS TO RETURN TO HUNGARY? 

Based on the official data, around 80 thousand Hungarians are working abroad, but based on Portfolio’s data, almost 300 thousand. Pénzcentrum did a quick survey, with the aim of finding some reasons that could make these Hungarians return to their home country. Read more HERE.

CHAMPAGNE AND SPARKLING WINE WORLD CHAMPIONSHIPS: HUNGARIANS REACH GREAT RESULTS! 

Hungarian sparkling wines won over the Champagne and Sparkling Wine World Championships, with our wines enlisted at Muscats du Monde 2018, according to Szeretlekmagyarország.hu. Read more HERE. 

EVER-GROWING HUNGARIAN REAL ESTATE PRICES DO NOT SEEM TO DECREASE 

Portfolio.hu examined whether real estate prices in Budapest can be subject to either positive or negative change in the near future. Here is what they found out! Read more HERE. 

EC CONFIRMS 4 PC HUNGARY GDP GROWTH FORECAST IN 2018

The European Commission confirmed its earlier projection for Hungary’s GDP growth this year of 4 percent in its Summer Interim Forecast. The EC put 2019 GDP growth at 3.2 percent, also confirming its previous, spring forecast published in May. The Commission raised its growth forecast for both years in May. Read more HERE.

BOSCH TO EXPAND BUDAPEST DEVELOPMENT CENTRE FOR EUR 11.4M

German engineering giant Bosch laid the cornerstone for a 37 billion forint (EUR 11.4m) expansion of its Budapest development centre. The investment, scheduled to be completed in 2021, will add 90,000sqms to the area of the facility. Read more HERE. 

FINANCE MINISTER HOLDS TALKS AT TESLA HEADQUARTERS

The Hungarian government wants to encourage further investments in the country by US companies, Finance Minister Mihály Varga said after holding talks as head of a business delegation at Tesla’s headquarters in Fremont, California. Read more HERE. 

IKARUS EGYEDI DECLARED STRATEGICALLY IMPORTANT ENTERPRISE

Hungarian bus manufacturer Ikarus Egyedi has been declared a strategically important enterprise at the request of the company as a part of a bankruptcy filing, the ministry for innovation and technology (ITM) said. Ikarus Egyedi has filed for bankruptcy protection in order to manage the company’s payment difficulties. Read more HERE. 

RICHTER ACQUIRES BEMFOLA RIGHTS FOR US MARKET

Drugmaker Richter announced it has concluded a sale and purchase agreement with Fertility Biotech AG, a Swiss corporation, about the transfer of intellectual property rights, relevant studies, related data and documents of Bemfola for the use in the United States for 5 million Swiss francs.

MOL SIGNED EUR 555M REVOLVING CREDIT FACILITY AGREEMENT

Oil and gas company MOL said on the Budapest Stock Exchange that it had entered into an 555 million euro revolving credit facility agreement with 15 bank groups on July 9, 2018.

Featured image: MTI

Source: MTI

construction economy investment labour market money statistics
Share
Alexandra Béni
Alexandra Béni

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • Huge price increases in popular Budapest spas
  • Hungarian meat to be exported to the Philippines
  • Ukrainian mayor to Viktor Orbán: “We’ll get you, you bastards!”
  • Budapest Mayor: artificial intelligence is smarter than the Hungarian government
  • Important: Wizz Air cancels all flights to this city
  • Hungary is the envy of the Germans: beer is much cheaper in Hungary
  • Russians represent Hungary at the European Figure Skating Championships
  • The Times named two Hungarian cities among the best for mini vacations!

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V