Hungary was fourth in relative terms in receiving support from the European Union in 2010, a report by the European Commission reveals. Spain received the most money last year (EUR 13.2 billion) followed by France (EUR 13.1 billion) and Germany and Poland (both EUR 11.8 billion). Continue »

The first Hungarian franchise of “tryvertising” stores Sample Central will open on 4 November in downtown Budapest, the retailer told state news agency MTI this week. Continue »

Chinese-owned chemical company Borsodchem has become the biggest manufacturer of toluene diisocyanate, a product used mainly by the car industry, after the opening of its new plant in Kazincbarcika.  Continue »

Hegyvidék Központ shopping centre in District XII will not open until next autumn but more than half of the space in the HUF 5 billion (EUR 16.76 million) project has been rented out already, developer Wing said this week.  Continue »

The industrial park in Gy?r… Continue »

ECE Budapest, the company behind four Árkád shopping centres in Hungary and more than 110 Europe-wide, handed over to consumers a EUR 100 million shopping centre in Szeged on Tuesday. Continue »

An American-Irish-financed bio ethanol plant near Mohács (south Hungary) could become the biggest such factory in Europe if completed, regional daily Új Dunántúli Napló has reported. Continue »

The forint hit the 300 to the euro mark in trading this week, a 2.5-year low. Continue »

A wine shop named Vinorium specialising in Eastern European wine has opened in Váci utca. We spoke to its founder and owner László Puskás, who grew up in Austria, about the concept for the shop and the Hungarian wine market. Continue »

Meat-processing company Zalai Baromfifeldolgozó is planning to increase the workforce at its new plant in the village of Pacsa, western Hungary, by 70 by the end of  2012. Continue »