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.

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 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 ...