Wages grow 7.9 percent in July
Wages in Hungary grew by an annual 7.9 percent in July from 3.5 percent in in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Knorr-Bremse inaugurates HUF 2.5 billion rolling stock service centre in Budapest
German brake maker Knorr-Bremse inaugurated a 2.5 billion forint (EUR 7.1m) rolling stock service centre in Budapest on Tuesday.
Magyar Suzuki restarts production
Japanese car maker Suzuki is restarting production at its plant in Esztergom, northern Hungary, on Monday, after a two-week shutdown due to supply chain interruptions, Magyar Suzuki told business daily Vilaggazdasag.
Szijjarto: State support available to Hungarian companies facing difficulties as a result of Brexit
Applications for state support can be submitted between October 11 and 15 by Hungarian companies that face difficulties as a result of Brexit, Hungary's foreign minister said on Saturday.
Szijjarto inaugurates Schaeffler plant in western Hungary
Trade turnover between Hungary and Germany is expected to hit a record and surpass 60 billion euros this year, Peter Szijjarto, the minister of foreign affairs and trade, said on Friday in Szombathely in western Hungary, where he attended the inauguration of a new ...
Rail Cargo group to operate regular cargo trains to China
Rail Cargo Operator and Rail Cargo Hungaria will operate regular express freight trains running from Budapest to China, carrying Hungarian export products, Rail Cargo Hungaria said on Thursday.
Consultations start on next year’s minimum wages
Consultations have started on next year's minimum wage and the minimum wage for skilled labourers at the VKF, a forum of employers, unions and the government, the innovation and technology ministry said on Tuesday.
Government to support railway cargo transport with HUF 30 billion until 2025
The government is allocating 30 billion forints (EUR 85.6m) to supporting railway cargo transport, the innovation and technology ministry said on Monday.
Finance minister calls for ‘significant’ minimum wage rise
A "significant" minimum wage hike is needed to retain Hungary's current advantage against other European countries in restarting the economy after the coronavirus pandemic, Finance Minister Mihaly Varga said after talks with Laszlo Parragh, the head of the Hungarian Chamber of Commerce and Industry.
PPI climbs close to 15 percent in July
Factory gate prices in Hungary climbed an annual 14.8 percent in July, the fastest rate in years, data released by the Central Statistical Office (KSH) on Thursday show.
