The Dorog solar panel factory of Sanyo is planning to dismiss 400 employees, anonymous workers of the plant told state news agency MTI on Wednesday. The human resources department at the factory – employing 1,100 people – declined to comment but promised a press release within days. Continue »

Co-operation between the city of Debrecen, its chamber of commerce and drug maker Richter Gedeon saw a HUF 6 billion (EUR 20.85 million) pharmaceutical innovation centre opened by President of the Republic János Áder in Debrecen on Wednesday. The Pharmapolis Park received half of the financing from European Union funds and it created 120 jobs,… Continue »

In April, May and June the state’s revenue from the “chips tax” totalled HUF 5 billion (EUR 17.54 million), the highest amount recorded in a quarter since its introduction last year, business daily Napi Gazdaság said this week. The tax grew despite a drop in sales, which the paper said was likely due to the… Continue »

A Member of the European Parliament from the far-right party Jobbik came under pressure to resign this week after a recording posted on a far-right blog suggested that he had tried to hush up his Jewish ancestry for as much as two years. Csanád Szegedi – who advocates forcing Roma families into internment camps –… Continue »

Compensating for an embarrassing 1-0 loss to Skenderbeu in Albania, Hungarian football champion Debrecen won the return game 3-0 at home on Tuesday to enter the third qualifying round of the UEFA Champions League. Debrecen will meet last season’s Group H participant and Belarus champion BATE Borisov, with the winner advancing to the playoffs, the… Continue »

Average gross earnings grew 4.4 per cent and net earnings rose 1.7 per cent year-on-year in January-May at corporations employing at least five persons and at budgetary and non-profit institutions, data published by the Central Statistical Office (KSH) this week revealed. At the top of the ranking by the nominal value of earnings were invariably… Continue »