
Probe shows price correction in construction materials
A probe of the construction materials market launched by the government three months ago shows a correction in prices, state secretary for consumer protection Peter Cseresnyes said on Thursday.

Finance Minister: US companies’ trust in Hungarian economy unbroken
US companies continue to place their trust in the Hungarian economy, and the government provides tax cuts and investment support to further improve the business environment, Finance Minister Mihaly Varga told the US-Hungarian Business Council on Thursday.
Guest nights up by 11.3 percent in August
The number of guest nights at commercial accommodations in Hungary rose by an annual 11.3 percent to 3,555,000 in August, albeit from a low base during the pandemic, the Central Statistical Office (KSH) said on Thursday.

Hungarian investor acquires majority stake in Aero Vodochody
Aero Vodochody, a Czech manufacturer of light combat and training aircraft, has been acquired by HSC Aerojet, in which the Hungarian investor Kristof Szalay-Bobrovniczky holds an 80 percent stake and Czech company Omnipol owns 20 percent, the website of local business daily E15 said ...

PPI increases by 14.4 pc in August
Factory gate prices in Hungary increased by an annual 14.4 percent in August, data released by the Central Statistical Office (KSH) on Thursday show.

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 ...