
Tax office receives 300 million electronic invoices
The number of electronic invoices received by the tax office has been increasing exponentially, a finance ministry official has said.

Szijjarto: Roche to expand service centre in Budapest
Pharmaceutical company Roche is expanding its service centre in Budapest, creating 250 new jobs, Peter Szijjarto, the minister of foreign affairs and trade, said on Tuesday.

Bosch building HUF 6 billion regional service centre near Budapest
German engineering giant Bosch is building a 6 billion forint (EUR 16.8m) regional service centre in Vecses, on the outskirts of Budapest, the minister of foreign affairs and trade said on Monday.

February industrial production rises 1.9 percent yr/yr
Hungarian industrial production increased by an annual 1.9 percent in February, according to a first estimate issued by the Central Statistical Office (KSH) on Thursday.

MOL, state to establish foundation
Hungarian oil and gas company MOL on Thursday said it will partner with the state of Hungary to establish a foundation, dubbed MOL New Europe Foundation, to fulfill its corporate responsibility objectives.
PMI still a little under 50 points in March
Hungary's seasonally-adjusted Purchasing Managers Index (PMI) edged down to 48.7 points in March from 49.0 in February, when it slipped under the 50-point threshold that signals expansion in the manufacturing sector for the first time in five months, the Hungarian Association of Logistics, Purchasing ...

Orbán: Cabinet to discuss commerce chamber’s proposals on restarting economy
Prime Minister Viktor Orbán said on Tuesday that the relaunch of the economy cannot begin until all people above the age of 65 who have registered for a vaccine have received their jab.

Budapest jumps to 85th place on global financial centres index
Budapest has jumped to 85th place from 101th last year on the Global Financial Centers Index, which was published on Thursday for the 29th consecutive year by the Z/Yen Group.

COVID-19 recovery support drives EIB Group investments in Hungary to record high levels
The European Investment Bank Group (EIB Group) provided EUR 767 million in loans and guarantees to its clients in Hungary in 2020 or 0.57% of Hungary’s GDP. The EU bank channelled the majority of the funds into faster COVID-19 recovery of Hungarian SMEs and ...

Socialists call on govt to tap EUR 1 billion in EU wage subsidies
The opposition Socialist Party is calling on the government to access 1 billion euros in European Union funds to complement job-protection wage subsidies, the deputy leader of the opposition party said on Wednesday.