Maria Fedorova

Tourism

Hungary: population decline slows down

The rate of population decline slowed down in the first seven months of the year as there were more births...

Food

KSH: Retail sales up 2.5 % in July

Retails sales in Hungary rose 2.5% in July on a year-on-year basis, according to calendar-adjusted figures, a publication of the...

Energy Trade

Orbán, Gazprom chief discuss gas supplies in BP

Hungary’s Prime Minister Viktor Orban reportedly met the head of Russia's fuel company Gazprom, Alexey Miller, in Budapest yesterday evening....

MNB

Varga reverses course on foreign debt

Hungary’s Economy Minister Mihály Varga said today that the country could sell new foreign currency debt this year if terms...

Telco

Zalaco inaugurates HUF 1 bln factory

Hungarian bakery company Zalaco today inaugurated a HUF 1 bln factory in Zalaegerszeg, western Hungary....

MNB

GKI raises GDP projection

Economic research institute GKI raised its projection for GDP growth this year to 3%, chairman András Vértes said today....

Tourism

Gas interconnector between Hungary and Slovakia to start in 2015

The test operation of the gas interconnector between the Hungarian and Slovak networks has been delayed, business daily Napi Gazdaság...

Deals

Croatia determined to save INA

The Croatian government will try to protect INA, a subsidiary of Hungary's MOL oil company, Croatia's economy minister Ivan Vrdoljak...

Recycling

HUF 6.1 bln invested in cow and pig farm

The Mezort Group yesterday inaugurated a HUF 6.1. bln investment at the Lajta-Hansag dairy farm in Karolyháza, north-western Hungary, said...

Telco

HUF 17 bln makeover planned for Dagály strand

The central government and Budapest’s City Council will finance a HUF 17 bln development of the Dagály swimming pool and...

EU

Navracsics officially quits foreign ministry

Hungary’s foreign minister Tibor Navracsics has officially resigned from his post. He will pursue his career in Brussels, where he...

Awards

UPC: Cloud-delivered YouTube viewers on the rise

Viewing minutes on Liberty Global-owned UPC Hungary’s cloud-delivered YouTube service have exceeded 1 million per day in the three months...

Energy Trade

Gazprom reduces gas shipments to EU

Russia's natural-gas flows into the EU dropped today as compared to last week, Slovak pipeline operator Eustream said. At the...

Weather

Hungary’s cereal harvest up 6.1%

Hungary’s cereal harvest reached 7.2 million tons in 2014, up 6.1% from the previous year, the Central Statistics Office (KSH)...

Tourism

Foreign students flock to Hungary

Hungarian universities are successful in attracting students from abroad. More than ten thousand foreigners enrolled in Hungarian universities and colleges...

EU

Hungary second in EU in growth of poverty risk

Hungary was second only to Greece in the pace of growth of the proportion of people at risk of poverty...

Art

Bluetongue restrictions in force outside of outbreak area

Restrictions related to an outbreak of bluetongue, a viral disease of ruminants, have been introduced in about two-thirds of Hungary,...

Sustainability

KSH: Construction output climbs 27%

Output of Hungary's construction sector climbed 27% year-on-year in the first nine months of 2014, the Central Statistics Office (KSH)...

Energy Trade

Gov’t decree guarantees storage capacity for imported gas

A government decree published in the latest issue of the official gazette Magyar Közlöny guarantees utilities companies storage capacity for...

Pharma

Russian ruble’s depreciation hits Richter

Hungarian pharmaceutical drug producer Richter will release its earnings report for Q3 this week. The analysts project a major decline...

Figures

KSH: Trade surplus revised up

Hungary had a €279 mln trade surplus in August, down €217 mln year-on-year, the Central Statistics Office (KSH) revealed in...

Figures

KSH: PPI down 0.3% y.o.y.

Industrial producer prices rose by 0.1% in September, compared to the previous month, the Central Statistics Office (KSH) reported today....

MNB

MNB: Retail lending stock falls on firmer forint

Hungarian banks retail lending stock fell in September as the stronger forint reduced the value of foreign currency-denominated loans, a...

Figures

KSH: Retail sales up 2.5 % in August

Retail sales in Hungary rose 2.5% in August year-on-year, according to calendar-adjusted figures, the Central Statistics Office (KSH) revealed today....

Food

KSH: Employment up to 68%

In July-September 2014, the number of employed people in Hungary aged 15-64 rose to 62.8%, the Central Statistics Office (KSH)...

Tourism

KSH: Jobless rate falls to 7.4%

Hungary's unemployment rate between July and September 2014 was 7.4%, a decrease of 2.4% compared to the same period last...

Analysis

OTP Bank passes ECB stress test

OTP Bank, the only Hungarian participant in the European Central Bank's stress test, does not need to modify its Common...

Banking

Lawmakers to discuss tax proposals on Tuesday

Parliament will meet early next week and on Tuesday, lawmakers will begin a debate on amendments to the tax legislation...

Logistics

GKI-Erste: Business, consumer confidence improve

GKI-Erste's combined gauge of consumer and business confidence increased 1.2 points in October from minus 2.3 points in September as...

Visits

Szijjártó meets U.S. managers in Washington

Enjoying a day away from the heat of the U.S.-Hungary fracas about corruption, Hungarian Minister for Foreign Trade and Foreign...

Hungary second in EU in growth of poverty risk

Hungary was second only to Greece in the pace of growth of the proportion of people at risk of poverty...

Bluetongue restrictions in force outside of outbreak area

Restrictions related to an outbreak of bluetongue, a viral disease of ruminants, have been introduced in about two-thirds of Hungary,...

KSH: Construction output climbs 27%

Output of Hungary's construction sector climbed 27% year-on-year in the first nine months of 2014, the Central Statistics Office (KSH)...

Gov’t decree guarantees storage capacity for imported gas

A government decree published in the latest issue of the official gazette Magyar Közlöny guarantees utilities companies storage capacity for...

Russian ruble’s depreciation hits Richter

Hungarian pharmaceutical drug producer Richter will release its earnings report for Q3 this week. The analysts project a major decline...

KSH: Trade surplus revised up

Hungary had a €279 mln trade surplus in August, down €217 mln year-on-year, the Central Statistics Office (KSH) revealed in...

KSH: PPI down 0.3% y.o.y.

Industrial producer prices rose by 0.1% in September, compared to the previous month, the Central Statistics Office (KSH) reported today....

MNB: Retail lending stock falls on firmer forint

Hungarian banks retail lending stock fell in September as the stronger forint reduced the value of foreign currency-denominated loans, a...

KSH: Retail sales up 2.5 % in August

Retail sales in Hungary rose 2.5% in August year-on-year, according to calendar-adjusted figures, the Central Statistics Office (KSH) revealed today....

KSH: Employment up to 68%

In July-September 2014, the number of employed people in Hungary aged 15-64 rose to 62.8%, the Central Statistics Office (KSH)...

KSH: Jobless rate falls to 7.4%

Hungary's unemployment rate between July and September 2014 was 7.4%, a decrease of 2.4% compared to the same period last...

OTP Bank passes ECB stress test

OTP Bank, the only Hungarian participant in the European Central Bank's stress test, does not need to modify its Common...

Lawmakers to discuss tax proposals on Tuesday

Parliament will meet early next week and on Tuesday, lawmakers will begin a debate on amendments to the tax legislation...

GKI-Erste: Business, consumer confidence improve

GKI-Erste's combined gauge of consumer and business confidence increased 1.2 points in October from minus 2.3 points in September as...

Szijjártó meets U.S. managers in Washington

Enjoying a day away from the heat of the U.S.-Hungary fracas about corruption, Hungarian Minister for Foreign Trade and Foreign...