Gergő Rácz

Food

Hungarians unhappiest among OECD nations

Hungarians are the least satisfied with their living circumstances according to a study released by the Organisation for Economic Co-operation...

Sights

Committee established for casino license decisions

The National Economy Ministry has established a committee to prepare for decisions on casino licenses, business daily Világgazdaság reported on...

MNB

State to assume Budapest’s HUF 100 billion debt

Hungary’s central government is to take over HUF 100.7 billion in debt from the Budapest city council by February 28...

Retail

Interview: Balázs Vinnai, Keeper of the money gate

From BBJ’s print edition: You may not be aware of it, but if you ever bank online, there is a...

Retail

Hungary’s online merchants get, solve more complaints

The National Consumer Protection Authority (NFH) received 60% more complaints concerning internet sellers last year but found proportionately fewer of...

History

Dunaferr among topics discussed during PM’s Moscow visit

Troubled Dunaújváros steelmaker ISD Dunaferr was among the subjects discussed by Prime Minister Viktor Orbán and Russian President Vladimir Putin...

Analysis

Olympic committee: No worries about terror threat

The Hungarian Olympic Committee (MOB) is not concerned about the recent arrival of terror threats against its delegation prior to...

Elections

Election 2014: Left wing in unified front

From the Budapest Business Journal print edition: To the surprise of few, the political left has reconciled its differences and...

Telco

Budapest bourse hoping for rebound in 2014

Although the Budapest Stock Exchange’s main BUX index rose in 2013, the bourse saw drops that it hopes to recover...

Visits

It’s official: Rosatom backs plans to double Paks capacity

Hungary's sole nuclear power plant in Paks will be expanded by Russia's state-owned Rosatom, while the financing will also come...

Pharma

Report: 90% of sugar burdened with tax fraud

Some 80% to 90% of the sugar sold in Hungary is distributed while avoiding the payment of value added taxes,...

Election 2014: Left-wing deal coming; Fidesz would shuffle cabinet

The political left is hoping to finalize the terms of their cooperation for the upcoming general elections by Tuesday, news...

Government

Fidesz rally 6,000 for “battle against utility fees”

The latest government campaign inviting the public to join the “Hungarian team” who would help keep utility fees at bay...

Visits

Milbradt says Hungary’s solution to crisis problems “remarkable”

Hungary has “climbed out” of the “rut” of the economic crisis in a remarkable way, Georg Milbradt, a former minister-president...

Left-wing parties set to renegotiate election pact

The left-wing opposition parties are preparing to reopen talks on their cooperation pact for the 2014 elections, various media outlets...

Government

Helping Hungary’s Best Innovators Become Even Better

There is no shortage of innovation in Hungary, with plenty of ongoing research and development, but even the best and...

Analysis

Could Ukraine War Trigger a Meltdown for Paks 2 Project?

Despite the country’s commitment to electricity generation over emission-producing fossil-based energy sources, the prospect of doubling Hungary’s nuclear energy output...

Energy Trade

Is Cabinet Mulling Action on Fuel Costs to Boost Growth?

While 2023 seems to be something of a write-off in terms of economic development for the government, the messaging generally...

Analysis

Wizz Air Faces Challenging Post-COVID Ascent

Low-cost carrier Wizz Air is gradually clawing its way back from the devastating blow dealt by the pandemic to the...

Sustainability

MOL Sets Sights on Self-sustainability

Hungary-based energy multinational MOL has seen troubled times along with its peers, but its latest figures show a significant rebound....

Analysis

Companies Challenged to Crack Code of ESG, Inflation

This year brings familiar but no less troubling concerns for businesses looking to operate in Hungary or across its borders...

Analysis

Country Border Poses High Hurdle for Would-be Hungarian Champions

Exploring and conquering new markets is an obvious means of growth and development for companies; in Hungary, it is also...

Government

Parliament Passes 2024 Budget Despite Many Uncertainties

The government majority has passed the country’s annual budget amidst widespread criticism from the political opposition and numerous doubts voiced...

History

On Hungary’s first 10 years in the new Europe

From the Budapest Business Journal print edition: It’s been 10 years since Hungary became a member of the European Union....

Competition

Punishing times for Hungary’s banks

From the Budapest Business Journal print edition: The deadline is fast approaching when banks will have to fork out a...

Telco

Online music sales climb 50% in Hungary

Online music sales in Hungary rose 50% to almost HUF 500 million last year, data from the Hungarian Association of...

EU

€24 billion net EU funding for Hungary in 2007-2013

Preliminary data indicates that Hungary received net European Union funding of €24 billion during the EU’s 2007-2013 budgetary cycle, European...

Food

Analysts: Hungary CPI to accelerate despite soft March data

Hungary's consumer inflation is set to jump higher later this year on the back of base effects stemming from the...

Automotive

Burgeoning electric car market on uphill road

Though still a fledgling niche worldwide, the electric automobile market is expanding and its full potential has yet to be...

Sights

Infocommunications authority halts media group merger

The competition authority has halted the merger of the Ringier and Axel-Springer media groups until the National Media and Infocommunications...

Helping Hungary’s Best Innovators Become Even Better

There is no shortage of innovation in Hungary, with plenty of ongoing research and development, but even the best and...

Could Ukraine War Trigger a Meltdown for Paks 2 Project?

Despite the country’s commitment to electricity generation over emission-producing fossil-based energy sources, the prospect of doubling Hungary’s nuclear energy output...

Is Cabinet Mulling Action on Fuel Costs to Boost Growth?

While 2023 seems to be something of a write-off in terms of economic development for the government, the messaging generally...

Wizz Air Faces Challenging Post-COVID Ascent

Low-cost carrier Wizz Air is gradually clawing its way back from the devastating blow dealt by the pandemic to the...

MOL Sets Sights on Self-sustainability

Hungary-based energy multinational MOL has seen troubled times along with its peers, but its latest figures show a significant rebound....

Companies Challenged to Crack Code of ESG, Inflation

This year brings familiar but no less troubling concerns for businesses looking to operate in Hungary or across its borders...

Country Border Poses High Hurdle for Would-be Hungarian Champions

Exploring and conquering new markets is an obvious means of growth and development for companies; in Hungary, it is also...

Parliament Passes 2024 Budget Despite Many Uncertainties

The government majority has passed the country’s annual budget amidst widespread criticism from the political opposition and numerous doubts voiced...

On Hungary’s first 10 years in the new Europe

From the Budapest Business Journal print edition: It’s been 10 years since Hungary became a member of the European Union....

Punishing times for Hungary’s banks

From the Budapest Business Journal print edition: The deadline is fast approaching when banks will have to fork out a...

Online music sales climb 50% in Hungary

Online music sales in Hungary rose 50% to almost HUF 500 million last year, data from the Hungarian Association of...

€24 billion net EU funding for Hungary in 2007-2013

Preliminary data indicates that Hungary received net European Union funding of €24 billion during the EU’s 2007-2013 budgetary cycle, European...

Analysts: Hungary CPI to accelerate despite soft March data

Hungary's consumer inflation is set to jump higher later this year on the back of base effects stemming from the...

Burgeoning electric car market on uphill road

Though still a fledgling niche worldwide, the electric automobile market is expanding and its full potential has yet to be...

Infocommunications authority halts media group merger

The competition authority has halted the merger of the Ringier and Axel-Springer media groups until the National Media and Infocommunications...