Business

Interview

Romania reinserts provisions on food double standards into trade package

Acting on the impetus of the Visegrád Group, Romania, which took over the rotating presidency of the Council of the...

Deals

Croatia drafts legislation eliminating stateʼs stakeholder privileges in INA

Croatiaʼs government has drafted amendments to the countryʼs Privatization Act that would eliminate the stateʼs special ownership rights in Croatian...

Telco

Mahart orders boats worth HUF 1.5 bln from Nicols

State-owned Hungarian passenger shipping company Mahart has acquired 20 boats from French company Nicols for HUF 1.5 billion in a...

Automotive

Industrial production increases by 4% in November y.o.y.

The volume of industrial output increased by 4% year-on-year in November 2018. Based on working-day adjusted data, production grew by...

Deals

CE venture capital market ʼcarefully optimisticʼ, says Deloitte

According to Deloitteʼs latest survey about Central European venture capital confidence, while the market is still going strong, the pace...

Telco

VAT revenue climbs more than HUF 400bln in 2018

Revenue from VAT rose HUF 403 billion last year, an increase supported by the introduction of mandatory electronic invoicing mid-year,...

Sustainability

Retail lending up in November; home loans slightly down

The retail lending stock of Hungarian banks stood at HUF 6.144 trillion in November 2018, up HUF 32.5 bln from...

Telco

Corporate lending by Hungarian banks up in November

The corporate lending stock of Hungarian banks rose in November from the previous month mainly due to transactions, show fresh...

Automotive

Ford sales up 20% in 2018

Sales of U.S. carmaker Ford in Hungary were up 20% in 2018 compared to 2017 and the company expects sales...

Deals

CA Immo sells Dunacenter to Indotek Group

CA Immo has announced the sale of its 16,500 square-meter Dunacenter shopping mall development in Győr to the Indotek Group,...

Transport

Wizz Air passenger numbers up almost 20% in 2018

Hungarian budget airline Wizz Airʼs booked passenger numbers climbed 19.6% to over 33.8 million in the 12 months to the...

Automotive

New car sales up almost 18% in 2018; similar expected in 2019

New passenger car sales in Hungary rose 17.5% to 136,601 last year, according to data from Carinfo.hu cited by state...

Pharma

Ádám Urbán’s exhibition ‘Chance’ in Capa Center

The Robert Capa Contemporary Photography Center is showcasing works by photographer Ádám Urbán taken in Aszód Juvenile Detention Center, according...

Competition

Mobile phone subscription numbers slightly down in Q3 2018

There were 11.75 million mobile phone subscriptions in Hungary at the end of the third quarter of 2018, some 86,000...

Telco

General govʼt runs 0.4%-of-GDP deficit in Q1-Q3

The deficit of the general government sector in the first three quarters of 2018 was HUF 110 billion, representing 0.4%...

Interview

Romania reinserts provisions on food double standards into trade package

Acting on the impetus of the Visegrád Group, Romania, which took over the rotating presidency of the Council of the...

Deals

Croatia drafts legislation eliminating stateʼs stakeholder privileges in INA

Croatiaʼs government has drafted amendments to the countryʼs Privatization Act that would eliminate the stateʼs special ownership rights in Croatian...

Telco

Mahart orders boats worth HUF 1.5 bln from Nicols

State-owned Hungarian passenger shipping company Mahart has acquired 20 boats from French company Nicols for HUF 1.5 billion in a...

Automotive

Industrial production increases by 4% in November y.o.y.

The volume of industrial output increased by 4% year-on-year in November 2018. Based on working-day adjusted data, production grew by...

Deals

CE venture capital market ʼcarefully optimisticʼ, says Deloitte

According to Deloitteʼs latest survey about Central European venture capital confidence, while the market is still going strong, the pace...

Telco

VAT revenue climbs more than HUF 400bln in 2018

Revenue from VAT rose HUF 403 billion last year, an increase supported by the introduction of mandatory electronic invoicing mid-year,...

Sustainability

Retail lending up in November; home loans slightly down

The retail lending stock of Hungarian banks stood at HUF 6.144 trillion in November 2018, up HUF 32.5 bln from...

Telco

Corporate lending by Hungarian banks up in November

The corporate lending stock of Hungarian banks rose in November from the previous month mainly due to transactions, show fresh...

Automotive

Ford sales up 20% in 2018

Sales of U.S. carmaker Ford in Hungary were up 20% in 2018 compared to 2017 and the company expects sales...

Deals

CA Immo sells Dunacenter to Indotek Group

CA Immo has announced the sale of its 16,500 square-meter Dunacenter shopping mall development in Győr to the Indotek Group,...

Transport

Wizz Air passenger numbers up almost 20% in 2018

Hungarian budget airline Wizz Airʼs booked passenger numbers climbed 19.6% to over 33.8 million in the 12 months to the...

Automotive

New car sales up almost 18% in 2018; similar expected in 2019

New passenger car sales in Hungary rose 17.5% to 136,601 last year, according to data from Carinfo.hu cited by state...

Pharma

Ádám Urbán’s exhibition ‘Chance’ in Capa Center

The Robert Capa Contemporary Photography Center is showcasing works by photographer Ádám Urbán taken in Aszód Juvenile Detention Center, according...

Competition

Mobile phone subscription numbers slightly down in Q3 2018

There were 11.75 million mobile phone subscriptions in Hungary at the end of the third quarter of 2018, some 86,000...

Telco

General govʼt runs 0.4%-of-GDP deficit in Q1-Q3

The deficit of the general government sector in the first three quarters of 2018 was HUF 110 billion, representing 0.4%...

Romania reinserts provisions on food double standards into trade package

Acting on the impetus of the Visegrád Group, Romania, which took over the rotating presidency of the Council of the...

Croatia drafts legislation eliminating stateʼs stakeholder privileges in INA

Croatiaʼs government has drafted amendments to the countryʼs Privatization Act that would eliminate the stateʼs special ownership rights in Croatian...

Mahart orders boats worth HUF 1.5 bln from Nicols

State-owned Hungarian passenger shipping company Mahart has acquired 20 boats from French company Nicols for HUF 1.5 billion in a...

Industrial production increases by 4% in November y.o.y.

The volume of industrial output increased by 4% year-on-year in November 2018. Based on working-day adjusted data, production grew by...

CE venture capital market ʼcarefully optimisticʼ, says Deloitte

According to Deloitteʼs latest survey about Central European venture capital confidence, while the market is still going strong, the pace...

VAT revenue climbs more than HUF 400bln in 2018

Revenue from VAT rose HUF 403 billion last year, an increase supported by the introduction of mandatory electronic invoicing mid-year,...

Retail lending up in November; home loans slightly down

The retail lending stock of Hungarian banks stood at HUF 6.144 trillion in November 2018, up HUF 32.5 bln from...

Corporate lending by Hungarian banks up in November

The corporate lending stock of Hungarian banks rose in November from the previous month mainly due to transactions, show fresh...

Ford sales up 20% in 2018

Sales of U.S. carmaker Ford in Hungary were up 20% in 2018 compared to 2017 and the company expects sales...

CA Immo sells Dunacenter to Indotek Group

CA Immo has announced the sale of its 16,500 square-meter Dunacenter shopping mall development in Győr to the Indotek Group,...

Wizz Air passenger numbers up almost 20% in 2018

Hungarian budget airline Wizz Airʼs booked passenger numbers climbed 19.6% to over 33.8 million in the 12 months to the...

New car sales up almost 18% in 2018; similar expected in 2019

New passenger car sales in Hungary rose 17.5% to 136,601 last year, according to data from Carinfo.hu cited by state...

Ádám Urbán’s exhibition ‘Chance’ in Capa Center

The Robert Capa Contemporary Photography Center is showcasing works by photographer Ádám Urbán taken in Aszód Juvenile Detention Center, according...

Mobile phone subscription numbers slightly down in Q3 2018

There were 11.75 million mobile phone subscriptions in Hungary at the end of the third quarter of 2018, some 86,000...

General govʼt runs 0.4%-of-GDP deficit in Q1-Q3

The deficit of the general government sector in the first three quarters of 2018 was HUF 110 billion, representing 0.4%...