
Deal reached on minimum wage rise
An agreement on next year's minimum wage rise has been reached, the Innovation and Technology Ministry said on Wednesday, after talks between employers, unions and the government.

Government issues decree giving employers power to require Covid jabs
Hungary's government has issued a decree giving employers the power to require their workers to be inoculated against the coronavirus "as a condition of working" in the latest issue of the official gazette Magyar Kozlony.

Palkovics discusses bilateral economic ties in Baden-Wuerttemberg
Laszlo Palkovics, Hungary's minister of innovation and technology, had talks in Stuttgart on Thursday with senior officials of Baden-Wuerttemberg focusing on key areas of bilateral cooperation such as car making and further opportunities in research and development.

Sides move closer at minimum wage talks
Differences over the compensation businesses should get for a big minimum wage rise moved closer to resolution at talks between employers, unions and the government on Wednesday, while the government offered to cut the rate on the small business tax (KIVA) from 11 percent ...

Croatia top court affirms prison sentence for MOL chief Hernadi
Croatia's supreme court on Monday affirmed a Zagreb court's prison sentence for Zsolt Hernadi, the chairman-CEO of Hungarian oil and gas company MOL, and former Croatian prime minister Ivo Sanader, the local press reported.

Finance minister addresses business forum in Nur-Sultan
Finance Minister Mihaly Varga spoke at a business forum in Nur-Sultan organised by the Kazakh Chamber of Foreign Trade and the Hungarian Chamber of Commerce and Industry (MKIK), the finance ministry said in a statement on Monday.

Production starts of first electric car manufactured in Hungary
Hungarian car manufacturing has arrived at a new milestone with the mass production of the first fully electric cars manufactured in Hungary, Peter Szijjarto, the minister of foreign affairs and trade, said on Friday.

China’s CECZ building HUF 27 billion warehouse base near Budapest
China's CECZ group is building a 27 billion forint (EUR 74m) warehouse base in Vac, north of the capital, government and company officials said at a presentation of the site on Thursday.

Szentkiralyi lays cornerstone of HUF 956 million warehouse
Hungarian mineral water and soft drink bottler Szentkiralyi Magyarorszag laid the cornerstone of a 956 million forint (EUR 2.7m) warehouse at its base in Szentkiraly, in southeast Hungary, on Wednesday.

Competition Office fines farm equipment companies for cartel activity
Hungary's Competition Office (GVH) on Tuesday said it fined three farm equipment companies a combined 135 million forints (EUR 375,000) for cartel activity.