Hungary
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No Exchange Rate Cap in Hungary Says Central Bank
No Exchange Rate Cap in Hungary Says Central Bank
April 08, 2016The deputy governor of Hungary’s Central Bank, Marton Nagy has told local business publication, Vilaggazdasag [...]
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Budapest Airport Passenger Numbers up 14% in February
Budapest Airport Passenger Numbers up 14% in February
April 05, 2016Passenger numbers at Liszt Ferenc, Hungary’s largest airport in Budapest were up 14% for the month of [...]
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Mercedes Looking at Slovakia for New Plant
Mercedes Looking at Slovakia for New Plant
March 18, 2016German car manufacturer, Mercedes-Benz is looking to build a car plant in Slovakia according to reports in the [...]
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Hungary’s Lake Balaton May See World’s Largest Water Park
Hungary’s Lake Balaton May See World’s Largest Water Park
February 28, 2016A 110 acre indoor water park could be built beside Hungary’s Lake Balaton in the Transdunuian region in the [...]
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Hungary Unemployment down to 6.2%
Hungary Unemployment down to 6.2%
February 04, 2016Hungary’s level of unemployment has fallen to 6.2% for the months of October-December of last year according [...]
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Orban Says he would Block EU Sanctions
Orban Says he would Block EU Sanctions
January 11, 2016Hungary’s Prime Minister, Viktor Orban has stated that his government would block any EU sanctions imposed on [...]
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Hungarian Real Estate Market Extremely Healthy
Hungarian Real Estate Market Extremely Healthy
January 05, 2016The Hungarian real estate sector is healthier than at any stage since the financial crisis according to sources in [...]
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Budapest-Belgrade Rail Link to Get Chinese Financing
Budapest-Belgrade Rail Link to Get Chinese Financing
November 26, 2015On Tuesday Hungary’s foreign minister, Peter Szijjarto signed an agreement with China’s National [...]
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Budapest Office Vacancy Rates Fall to 16%
Budapest Office Vacancy Rates Fall to 16%
November 22, 2015Vacancies in the Budapest office market have fallen to 15.7% in the third quarter, according to the Budapest [...]
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UniCredit Announces Sweeping Job Cuts
UniCredit Announces Sweeping Job Cuts
November 16, 2015Italy’s largest bank, UniCredit, has announced large cuts to its workforce on the back of a decrease in [...]
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Good News for Hungary from OECD and Moody’s
Good News for Hungary from OECD and Moody’s
November 09, 2015Ratings agency, Moody’s, has raised Hungary’s debt outlook from junk to positive in a review last [...]
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Wizz Air Profits Up 15%
Wizz Air Profits Up 15%
November 05, 2015Hungarian airline, Wizz Air has registered a net profit of €182 million for the first six months of the year dated [...]
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Hungary Looking to Increase US Tourism
Hungary Looking to Increase US Tourism
October 31, 2015Hungarian Tourism, the organisation set up to promote Hungary as a travel destination, has reported that the number [...]
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Structural Funds Vital for Hungary Growth
Structural Funds Vital for Hungary Growth
October 23, 2015Hungary is to use European Union structural funding to put the country back onto a steady growth path. [...]
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Orban Tells Conference of Hungary’s Digital Prowess
Orban Tells Conference of Hungary’s Digital Prowess
October 14, 2015Hungary’s Prime Minister, Viktor Orban has told the World Telecom Conference in Budapest that Central Europe [...]
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Tesco to Sell off CEE Business
Tesco to Sell off CEE Business
September 08, 2015Reports suggest that Tesco has plans to sell its business in Central and Eastern Europe. Tesco recently sold off [...]
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Foreign Currency Retail Loans Converted to Forint in Hungary
Foreign Currency Retail Loans Converted to Forint in Hungary
August 27, 2015Hungary’s Economic Minister, Mihaly Varga has announced the government’s plan to convert the [...]
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Hungarian Government Expects 3% Growth in 2015
Hungarian Government Expects 3% Growth in 2015
August 22, 2015The Economic Ministry in Hungary has announced that it expects growth in 2015 to be 3%. Growth in Hungary for the [...]
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Doing Business: New Europe’s Most Competitive
Doing Business: New Europe’s Most Competitive
May 29, 2015On 27th May 2015 , The International Institute for Management Development (IMD), announced the findings of its [...]
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Huge Profits Boost for Wizz Air
Huge Profits Boost for Wizz Air
May 28, 2015Hungarian budget airline, Wizz Air have posted annual profits up 67%. Net profit for the year to the end of March [...]