Hungary Airlines starts test flights
The new Hungarian airline Hungary Airlines has received the necessary flight licences.
MOL Group doubles renewable energies
MOL has acquired Naperőmű Farm Kft. from Optimum Vogt Kft. - a subsidiary of Ib vogt Ltd.
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New top dog at MFB
Bence Katona succeeds Levente Sipos-Tompa at the head of the state development bank MFB.
Budapest Stock Exchange cracks eighty thousand points
The leading index continued to climb in mid-December, but the contract volume is no longer outstanding.
Mercedes plant to make good use of Christmas break
Mercedes-Benz Manufacturing Hungary Kft. has confirmed information from the local portal kecsup.hu that production at the plant will be suspended for a month.
Good deal made with MBH Bank?
The state has reduced its stake in the bank holding company from 28.3% to 20%. The majority of the shares went to MBH Bank.
Two BYD compact cars coming
‘We will start producing compact BEV models in Europe next year.’ BYD's European head said in an interview for the business magazine ‘Capital’.
Terrán solar launches innovative project with university
Terrán Kft. has further developed its Generon solar roof tiles in collaboration with Budapest University of Technology (BME).
SMEs need to become more efficient and boost productivity, minister says
Minister Nagy said local businesses, especially SMEs, needed to become more efficient and boost productivity to preserve the country's competitiveness and keep up with wage increases.
Alteo expands wind power portfolio
Alteo has expanded its presence in the Hungarian wind power sector with the complete acquisition of Mov-R.
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Retail sales down 0.3 percent in November
Retail sales in Hungary edged down an annual 0.3 percent in November as vehicle fuel and non-food sales dropped, the Central Statistical Office (KSH) said on Thursday. The decline slowed from a 2.4 percent year-on-year fall in October.
Wizz Air to add 75 A321neo aircraft to fleet
Hungarian low-cost carrier Wizz Air on Monday said it negotiated the purchase of 75 new A321neo aircraft from Airbus.
Government office launches proceedings against Wizz Air over customer complaints
The municipal government office of Budapest has launched proceedings against low-cost airlines Wizz Air over a number of recent customer complaints, the justice ministry said in a statement on Monday.
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Szijjarto announces Semcorp investment in E Hungary
Shanghai-based Semcorp, a supplier of parts for electric vehicle batteries, will set up a 65.5 billion forint (EUR 182.6m) plant in Debrecen, in eastern Hungary, Peter Szijjarto, the minister of foreign affairs and trade, said in a video message on Facebook.
Roatex signs HUF 103 billion agreement
Szijjarto: Indonesian investment biggest Hungarian tech export so far
A 103 billion forint (EUR 287m) electronic road toll system to be built in Indonesia by Hungarian company Roatex will be Hungary's biggest technology export so far, Peter Szijjarto, the minister of foreign affairs and trade, said in Jakarta.
Government looking into extending loan moratorium for vulnerable
The government will decide whether to uphold the loan moratorium for vulnerable borrowers after consultation with the Hungarian Banking Association and the National Bank of Hungary (NBH), a government official said.