KSH: Pandemic causes marked drop in tourism-catering in 2020
The coronavirus pandemic and associated restrictions resulted in a marked drop in nearly all areas of tourism and catering last year, with preliminary estimates showing a 32 percent fall in revenue by commercial lodgings and catering establishments compared to the previous year, the Central ...
Liszt Ferenc cargo volume jumps 35.9 percent in H1
Cargo volume at Liszt Ferenc International airport reached 86,798 tonnes in the first half of the year, up by 35.9 percent from the same period a year earlier, operator Budapest Airport said on Wednesday.
Competition Office suspects cartel activity behind Budapest boat procurement
Hungary's Competition Office (GVH) has launched an investigation into a public procurement tender concerning boat services on the river Danube as part of Budapest's public transport system under suspicion of cartel activities between the bidders, the authority told MTI on Thursday.
Szijjarto visits Suzuki plant
Peter Szijjarto, the minister of foreign affairs and trade, on Thursday visited Magyar Suzuki's plant in Esztergom, in northern Hungary, marking the company's 30th anniversary this year.
Government adopts further proposals to restart economy
The government has adopted further proposals by the body in charge of measures to restart the economy, mostly concerning Hungary's position in the international competition for investments, Foreign Minister Peter Szijjarto said on Wednesday.
Budapest Airport considering government’s purchase offer
The owners of Budapest Airport, the operator of Liszt Ferenc International, "no longer rule out the possibility of selling BA, but seek a higher price", daily Magyar Nemzet reported, citing industry insiders.
Government official: Higher wages feed into increased benefits
If the minimum wage goes up by a fifth, related benefits such as sick pay or and maternity benefits would also increase, a ministry of innovation and technology official has said, adding that the salaries of higher earners would also grow further.
Government pledges HUF 200 bn to boosting business productivity
The government will invite bids to disburse 200 billion forints (EUR 558.9m) in support of boosting the productivity of micro, small and medium-sized companies outside Budapest, the state secretary for European Union development policy at the human resources ministry said on Friday.
Trade volume continues double-digit expansion in May
Hungary's trade volume continued to grow at a rapid pace in May, albeit from a low base, when pandemic shutdowns still impacted a number of sectors, data released by the Central Statistical Office (KSH) on Friday show.
Innovation index up 3 points from last year
Hungary's summary innovation index on the European Commission's annual European Innovation Scoreboard (EIS) has improved by three points to 76.4 since last year, and the country has retained place 22, the innovation and technology ministry said on Friday.
