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Schengen enlargement: No border controls between Transylvania and Hungary from 1 January
Breaking: Many tax benefits will no longer apply to third-country nationals in Hungary from 2025
SHEIN opens its first Hungarian store in Budapest shopping centre – UPDATED with SHEIN deny
11/12/2024
Hungary launches EUR 1 billion credit scheme to boost exports and foreign investments
The government on Wednesday announced the launch of a close to EUR 1 billion credit scheme to support exports and outward FDI.
11/12/2024
Business
08/12/2024
BMW’s Hungarian plant in Debrecen just lost a high-volume model in a strategic change!
Hungary’s automotive sector faces new challenges following BMW’s latest decision. Check out our article to find out more about why BMW decided to change the original plans of the Debrecen plant!
08/12/2024
Business
07/12/2024
PM Orbán’s friend, the wealthiest Hungarian, LÅ‘rinc Mészáros, may buy top Austrian football club
Lőrinc Mészáros is the wealthiest Hungarian who gained his wealth from public procurements won under the prime ministership of Viktor Orbán. Now, he seems to be ready to invest in an Austrian football club. #austria #austriawien #investment #lorincmeszaros #viktororban #nkosijek #felcsutfc
07/12/2024
Business
07/12/2024
Construction of BMW plant in Hungary ‘in full swing’
Construction of the BMW plant in Debrecen (E Hungary) is "in full swing" and related plans are unchanged, the head of the new base told MTI on Friday. #bmwhungary #investment #money #hungarianeconomy
07/12/2024
News To Go
07/12/2024
Fitch credit rating agency shares good news concerning Hungarian economy; will forint strengthen?
Fitch Ratings affirmed Hungary's investment-grade sovereign rating and revised the outlook to stable from negative on Friday, the National Economy Ministry said in a statement. Will the forint strengthen? #hungarianeconomy #fitch #creditrating
07/12/2024
Business
06/12/2024
Car manufacturing in trouble in Hungary? 1 new plant and a new production hall inaugurated just today
German-owned precision tool maker SK-PrecÃziós Szerszámgyártó inaugurated a HUF 2.1bn production hall in Sárospatak, while Robert Bosch Automotive Steering Ltd inaugurated a HUF 46bn plant in Maklár. Foreign Minister Péter Szijjártó happy but does that mean the Hungarian carmaking industry is past the crisis? #carmaking #germany #investment #hungarianeconomy #hungariangovernment
06/12/2024
Business
05/12/2024
Hungary and Ukraine propose EUR 1 billion EU-funded infrastructure plan to boost connectivity
Hungary and Ukraine aim to unite regions with €1 billion cross-border plan. Check out our article to find out more about how Hungary and Ukraine are paving the way for better mobility and trade!
05/12/2024
Business
26/11/2024
Minister Szijjártó: Hungary ‘number one’ destination for Chinese investment in Europe
"Chinese companies are investing more than EUR 9.97bn in Hungary"
26/11/2024
Society
26/11/2024
UK-owned DS Smith Packaging Hungary to invest EUR 34.4m in expansions
UK-owned DS Smith Packaging Hungary will invest HUF 12.7bn at three bases in Hungary, details:
26/11/2024
Business
23/11/2024
Aeroplex inaugurates aviation components repair base near Budapest Airport
State-owned aircraft maintenance, repair and overhaul company Aeroplex inaugurated a HUF 2bn components repair base near Budapest Liszt Ferenc International Airport. #budapest #budapestairport #aeroplex #innovation #development #investment
23/11/2024
News To Go
23/11/2024
Median wage shockingly low, half of the Hungarians get less than EUR 875/month net
The gross median wage was HUF 519,500 in September. That is EUR 873 net. Half of the Hungarians received less money than that monthly. #medianwage #hungarianeconomy #investment
23/11/2024
Business
22/11/2024
Chinese CATL to begin production next year in Hungary!
CATL signed strategic cooperation agreements with universities in Debrecen and Miskolc and with vocational schools in Debrecen and Berettyóújfalu. Will the Chinese company become the biggest employer in the region? #china #catl #hungarianeconomy #development #investment
22/11/2024
Business
19/11/2024
Serbia’s big energy move: Partnering with Hungary’s Paks Nuclear Plant
Serbia partners with Hungary’s Paks Nuclear Plant in a move that could reshape energy politics. Check out our article for more details!
19/11/2024
Business
12/11/2024
Budapest’s real estate market set new record in October
The effects of the recent restrictions on short-term rentals can already be felt. #realestate #rent #housing #Budapest #record #investment
12/11/2024
Business
07/11/2024
VISUALS: Hungarian real estate developer Futureal to build Birmingham’s first purpose-built shared living environment
Boasting the feel of a junior hotel suite, residents will be able to retreat from the various shared amenities and enjoy real privacy, Futureal promises. #futureal #cordiauk #investment #realestate #property #development
07/11/2024
Business
06/11/2024
Budapest’s real estate might be on the verge of a renaissance – Here’s what’s driving it!
Real estate in Budapest seems to be evolving to meet modern needs with a focus on community and environmental sustainability. Check out our article to find out what this could mean for the Budapest housing market!
06/11/2024
Business
01/11/2024
Real estate: Rising Russian and Vietnamese investment fuels Hungary’s property boom
Hungary’s real estate market has seen remarkable growth in recent years—but what’s fuelling this surge, and who’s behind the buying spree? Check out our article to learn more!
01/11/2024
Business
01/11/2024
Hungarian billionaire, founder of LiveJasmin, bought himself into Playboy
György Gattyán, the father of LiveJasmin, an adult camming website, bought himself into the 68-year-old Playboy and believes, thanks to his investment, he could renew the franchise. #gyorgygattyan #livejasmin #playboy
01/11/2024
Business
31/10/2024
AutoWallis Group opens first Renault and Dacia dealership in Budapest
Listed car seller AutoWallis Group announced the opening of its first Renault and Dacia dealership in Budapest on Wednesday. #AutoWallis #dealership #Renault #Dacia
31/10/2024
Business
30/10/2024
Residents outraged over new Asian factory planned for Pest County, Hungary
Residents in the town of Maglód, Pest County, are upset about a South Korean company’s plan to build an aluminium parts factory nearby, as initial construction has already started with the clearing of a local wooded area. #factory #SouthKorea #Pest
30/10/2024
Society
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Hungarian passport among the world’s 10 strongest
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Pakistani unit of MOL celebrates 25th anniversary
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Mercedes-Benz to shut down production for one month in its Hungarian base
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Fabulous 101-year-old Hungarian grandma has 3.8 million views on TikTok, even Paris Hilton likes her – VIDEO
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Orbán cabinet: Budget resources to climb for all important areas in 2025
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Hungarian government raises age threshold for prenatal baby credit to 35
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One of Hungary’s most wanted criminals captured
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Hungarian finance minister: AI opens new era in taxation
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AutoWallis issues EUR 20m bond in private placement
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Orbán cabinet: Fake news on Syrian president’s arrival in Budapest could be coordinated secret services operation
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