Business

Automotive

Estonia’s GDP shows Q1 contraction

Estonia’s economy contracted in the first quarter of this year on weak household spending and investment, data published by Statistics...

Sustainability

Home market recovers from April nadir

In May 2020, some 8,400 homes were sold in Hungary, while the value of mortgage contracts came to approximately HUF...

Automotive

New car registrations drop more than 50% in May

New car registrations in Hungary dropped 52% from a year earlier to 6,472 in May, the Hungarian Association of Vehicle...

Deals

NAV seizes more than 30,000 boxes of untaxed cigarettes

NAV employees seized more than 30,000 boxes of untaxed cigarettes from a group of Vietnamese nationals with a criminal record,...

Automotive

Industrial producer prices up 3.7% y.o.y. in April

Industrial producer prices as a whole were 3.7% higher in April 2020 than in the same month of 2019, with...

Interview

Czech ministries move to quash corona-conspiracies

The Czech Ministry of Industry and Trade and that of Regional Development have issued a joint statement dismissing the conspiracy...

Interview

EBRD loan of EUR 5 mln to Moldova’s Mobiasbanca

Moldovan businesses will benefit from greater access to finance as the European Bank for Reconstruction and Development is extending a...

Pharma

Bosch gradually increasing production at Romanian plants

German company Bosch said that it is gradually ramping up production activities at its units in Romania after a temporary...

Interview

Psychologist warns Poles against ‘unrealistic optimism’ as lockdown eases

As life begins to slowly return to normal in Poland after its COVID-19 lockdown, a psychologist has warned that “unrealistic...

Competition

OMV Petrom, Eldrive to install 30 charging stations in Romania, Bulgaria

Romanian oil and gas group OMV Petrom has announced that, together with Bulgaria’s Eldrive, it will install 30 fast-charging stations...

Transport

MÁV-Start introduces pre-season changes for Balaton destinations

Ticket sales and schedules of the Hungarian State Railways (MÁV) trains change from today (Saturday, May 30)....

Telco

Average gross earnings above HUF 400,000 in March

In March 2020, average gross earnings in Hungary amounted to HUF 400,400, 9% higher than a year earlier, according to...

Transport

Wizz Air to open bases in Larnaca, Milan-Malpensa

Low-cost airline Wizz Air will open new bases in Larnaca, Cyprus and Milan-Malpensa, Italy from July, according to a press release...

Telco

Voluntary pension member contributions rose 4.5% in Q1

Voluntary pension fund member contributions rose by 4.5% to HUF 23.15 billion in Q1 2020 from Q1 2019, data from...

Ecosystem

Innovation Ministry to support innovation projects with HUF 53 bln

The government approved the Innovation and Technology Ministryʼs (ITM) research and development and innovation strategy, as part of which more...

Automotive

Estonia’s GDP shows Q1 contraction

Estonia’s economy contracted in the first quarter of this year on weak household spending and investment, data published by Statistics...

Sustainability

Home market recovers from April nadir

In May 2020, some 8,400 homes were sold in Hungary, while the value of mortgage contracts came to approximately HUF...

Automotive

New car registrations drop more than 50% in May

New car registrations in Hungary dropped 52% from a year earlier to 6,472 in May, the Hungarian Association of Vehicle...

Deals

NAV seizes more than 30,000 boxes of untaxed cigarettes

NAV employees seized more than 30,000 boxes of untaxed cigarettes from a group of Vietnamese nationals with a criminal record,...

Automotive

Industrial producer prices up 3.7% y.o.y. in April

Industrial producer prices as a whole were 3.7% higher in April 2020 than in the same month of 2019, with...

Interview

Czech ministries move to quash corona-conspiracies

The Czech Ministry of Industry and Trade and that of Regional Development have issued a joint statement dismissing the conspiracy...

Interview

EBRD loan of EUR 5 mln to Moldova’s Mobiasbanca

Moldovan businesses will benefit from greater access to finance as the European Bank for Reconstruction and Development is extending a...

Pharma

Bosch gradually increasing production at Romanian plants

German company Bosch said that it is gradually ramping up production activities at its units in Romania after a temporary...

Interview

Psychologist warns Poles against ‘unrealistic optimism’ as lockdown eases

As life begins to slowly return to normal in Poland after its COVID-19 lockdown, a psychologist has warned that “unrealistic...

Competition

OMV Petrom, Eldrive to install 30 charging stations in Romania, Bulgaria

Romanian oil and gas group OMV Petrom has announced that, together with Bulgaria’s Eldrive, it will install 30 fast-charging stations...

Transport

MÁV-Start introduces pre-season changes for Balaton destinations

Ticket sales and schedules of the Hungarian State Railways (MÁV) trains change from today (Saturday, May 30)....

Telco

Average gross earnings above HUF 400,000 in March

In March 2020, average gross earnings in Hungary amounted to HUF 400,400, 9% higher than a year earlier, according to...

Transport

Wizz Air to open bases in Larnaca, Milan-Malpensa

Low-cost airline Wizz Air will open new bases in Larnaca, Cyprus and Milan-Malpensa, Italy from July, according to a press release...

Telco

Voluntary pension member contributions rose 4.5% in Q1

Voluntary pension fund member contributions rose by 4.5% to HUF 23.15 billion in Q1 2020 from Q1 2019, data from...

Ecosystem

Innovation Ministry to support innovation projects with HUF 53 bln

The government approved the Innovation and Technology Ministryʼs (ITM) research and development and innovation strategy, as part of which more...

Estonia’s GDP shows Q1 contraction

Estonia’s economy contracted in the first quarter of this year on weak household spending and investment, data published by Statistics...

Home market recovers from April nadir

In May 2020, some 8,400 homes were sold in Hungary, while the value of mortgage contracts came to approximately HUF...

New car registrations drop more than 50% in May

New car registrations in Hungary dropped 52% from a year earlier to 6,472 in May, the Hungarian Association of Vehicle...

NAV seizes more than 30,000 boxes of untaxed cigarettes

NAV employees seized more than 30,000 boxes of untaxed cigarettes from a group of Vietnamese nationals with a criminal record,...

Industrial producer prices up 3.7% y.o.y. in April

Industrial producer prices as a whole were 3.7% higher in April 2020 than in the same month of 2019, with...

Czech ministries move to quash corona-conspiracies

The Czech Ministry of Industry and Trade and that of Regional Development have issued a joint statement dismissing the conspiracy...

EBRD loan of EUR 5 mln to Moldova’s Mobiasbanca

Moldovan businesses will benefit from greater access to finance as the European Bank for Reconstruction and Development is extending a...

Bosch gradually increasing production at Romanian plants

German company Bosch said that it is gradually ramping up production activities at its units in Romania after a temporary...

Psychologist warns Poles against ‘unrealistic optimism’ as lockdown eases

As life begins to slowly return to normal in Poland after its COVID-19 lockdown, a psychologist has warned that “unrealistic...

OMV Petrom, Eldrive to install 30 charging stations in Romania, Bulgaria

Romanian oil and gas group OMV Petrom has announced that, together with Bulgaria’s Eldrive, it will install 30 fast-charging stations...

MÁV-Start introduces pre-season changes for Balaton destinations

Ticket sales and schedules of the Hungarian State Railways (MÁV) trains change from today (Saturday, May 30)....

Average gross earnings above HUF 400,000 in March

In March 2020, average gross earnings in Hungary amounted to HUF 400,400, 9% higher than a year earlier, according to...

Wizz Air to open bases in Larnaca, Milan-Malpensa

Low-cost airline Wizz Air will open new bases in Larnaca, Cyprus and Milan-Malpensa, Italy from July, according to a press release...

Voluntary pension member contributions rose 4.5% in Q1

Voluntary pension fund member contributions rose by 4.5% to HUF 23.15 billion in Q1 2020 from Q1 2019, data from...

Innovation Ministry to support innovation projects with HUF 53 bln

The government approved the Innovation and Technology Ministryʼs (ITM) research and development and innovation strategy, as part of which more...