A proposal regarding the funding of the Budapest M3 metro renovation will be submitted to the government in late September or early October, the head of Hungaryʼs authority for payouts of European Union support for public transport investments, Flórián Szalóki, announced yesterday, according to Hungarian news agency MTI.
The structure of Hungarian tourism has shifted, with more visitors arriving via low-cost airlines for the purpose of enjoying a holiday and fewer business travelers, according to a study released Tuesday by the Hungarian Association of Hotels and Restaurants. The vacationing travelers spend less than their business counterparts, the study said.
At the annual gathering of buyers and sellers of TV content for CEE, Hungarian-made films and series are attracting a growing audience of potential customers.
Hungaryʼs jobless rate dropped by 1.8% to 5.1% in the April-June period, as compared to the same period a year earlier, Hungary’s Central Statistical Office (KSH) announced today in a report. Experts maintain that the real unemployment rate is higher than the official figure, which counts Hungarians working abroad and people on workfare as employed.
Hungarian drugmaker Gedeon Richter saw its net income drop by 19.4% year-on-year to HUF 18.1 billion in the second quarter, on narrowing margins, an earnings report published early this morning shows.