Liszt Ferenc passenger numbers decline 76 pc in 2020
Passenger numbers at Liszt Ferenc International fell 76 percent to 3,859,379 last year as pandemic restrictions weighed, operator Budapest Airport said.
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.
Wages up 8.8 pc yr/yr in Oct
Gross wages in Hungary grew by an annual 8.8 percent in October, level with the increase in the previous month, the Central Statistical Office (KSH) said.
Croatia LNG terminal starts delivery
The state-owned Hungarian Electricity Works (MVM) on Monday said the Croatian unit of its gas trading company MFGK took its first liquefied natural gas (LNG) delivery from the newly commissioned LNG terminal off the Croatian island of Krk.
Tax cuts to continue in 2021
Families looking to buy homes and small businesses will be among the beneficiaries of the government's tax cuts in the year ahead, finance ministry state secretary Andras Tallai said in an interview in daily Magyar Nemzet's Saturday edition.
Leading Hungarian businessman arrested on suspicion of graft
Laszlo Bige, the owner of artificial fertiliser maker Nitrogenmuvek, has been placed under criminal supervision on suspicion of bribery and other financial crimes, a Nyiregyhaza court said.
Investments by Bavarian companies to save hundreds of jobs, Szijjarto says
Foreign minister has talks with BMW leaders in Munich
German car maker BMW will use its plant in Debrecen, in eastern Hungary, as the focal point of its electric car production strategy, Foreign Minister Peter Szijjarto said in Munich on Wednesday, following talks with BMW leaders.
Mercedes invests HUF 50 billion to make electric cars in Hungary
German car maker Mercedes-Benz will invest 50 billion forints (EUR 141m) at its plant in Kecskemet, in central Hungary, to add fully electric vehicles to the production palette, Peter Szijjarto, the minister of foreign affairs and trade, said on Monday.
Hungary, Singapore strengthen FinTech cooperation
The National Bank of Hungary (NBH) on Wednesday signed a cooperation agreement with the Monetary Authority of Singapore (MAS) to strengthen cooperation in FinTech innovation between their countries.
Analysts: Post-pandemic growth could boost Hungary development
Hungary could approach the level of development in western Europe by 2030 if GDP growth returns to an annual 4 percent after the coronavirus crisis, the Hungarian office of US consultancy firm McKinsey has said.