Fidesz: Chain Bridge revamp to cost HUF 5 billion more than previous leadership’s plan
Construction company A-Hid's renovation of Budapest's landmark Chain Bridge will cost 5 billion forints more than it would have done under Budapest's previous leadership, the Fidesz-delegated member in the city's transport centre BKK said on Tuesday.
German firms to invest HUF 4 billion Hungary
Three major German companies have decided to plough a total of 4 billion forints (EUR 11.1m) into investments in Hungary, Peter Szijjarto, Hungary's minister of foreign affairs and trade, said in Budapest on Monday.
Karacsony: Employers, employees looking to government to compensate Budapest for lost revenues
The coordination council of employers, employees and municipal representatives (Foet) has suggested that Budapest should be compensated from central coffers for lost business tax revenues so that "it can perform its public tasks at a high level", Mayor Gergely Karacsony said on Facebook.
Szijjarto: Japanese companies in HUF 6.5 billion of Hungary investments
Three Japanese automotive suppliers are making investments of 6.5 billion forints (EUR 18.0m) in Hungary, with Hungarian government support worth 2 billion, Peter Szijjarto, the minister of foreign affairs and trade, said on Tuesday.
American magazine selects Hungary as one of the 10 most popular investment destinations for the third time in a row
Szijjarto: Hungary continues to attract massive FDI during pandemic
Foreign direct investments in Hungary amounted to an unprecedented 1,676 billion forints (EUR 4.7bn) during the pandemic last year, the minister of foreign affairs and trade said in an interview on Sunday.
Liszt Ferenc passenger numbers decline 76 pc in 2020
Passenger numbers at Liszt Ferenc International fell 76 percent to 3,859,379 last year as pandemic restrictions weighed, operator Budapest Airport said.
Retail sales down 0.3 percent in November
Retail sales in Hungary edged down an annual 0.3 percent in November as vehicle fuel and non-food sales dropped, the Central Statistical Office (KSH) said on Thursday. The decline slowed from a 2.4 percent year-on-year fall in October.
Wages up 8.8 pc yr/yr in Oct
Gross wages in Hungary grew by an annual 8.8 percent in October, level with the increase in the previous month, the Central Statistical Office (KSH) said.
Croatia LNG terminal starts delivery
The state-owned Hungarian Electricity Works (MVM) on Monday said the Croatian unit of its gas trading company MFGK took its first liquefied natural gas (LNG) delivery from the newly commissioned LNG terminal off the Croatian island of Krk.
Tax cuts to continue in 2021
Families looking to buy homes and small businesses will be among the beneficiaries of the government's tax cuts in the year ahead, finance ministry state secretary Andras Tallai said in an interview in daily Magyar Nemzet's Saturday edition.
