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• Economy

  Hungaryʼs share of using robots among lowest in EU

  

  Hungary is close to the bottom of an EU table of companies using industrial robots, with only 3% of businesses using robots according to 2018 data just released by the European Unionʼs statistical body Eurostat.

   Tue, Jan. 22, 2019, 09:30

  • Hungary
  • robots
  • tech
  • Eurostat
  • business
  • EU
• Economy

  Premium-category car sales in Hungary rise nearly 10%

  

  Sales of premium-category passenger cars in Hungary rose 9.5% to 12,949 last year, with German brands dominating this market segment, according to a report by state news wire MTI.

   Mon, Jan. 21, 2019, 10:00

  • Hungary
  • premium
  • car
  • sales
  • BMW
  • Mercedes
  • Audi
• Economy

  Hungary gas reserves at 2.7 bln cubic meters

  

  Hungarian gas storage facilities held 2.7 bln cubic meters of gas reserves at January 15, Hungarian Energy and Public Utility Regulatory Authority (MEKH) told Hungarian news agency MTI on Friday.

   Sat, Jan. 19, 2019, 11:15

  • Hungary
  • gas
  • reserves
  • winter
• Analysis

  Digitalization may help efficiency, avoid decelerating growth

  

  Improving efficiency via digitalization may offset negative factors such as the drying up of EU funding, and may prevent a significant decline in GDP growth in Hungary, András Somkuti, president of the Docler Group and CEO of e-signature specialist Netlock, says in a press release sent to the Budapest Business Journal.

   Wed, Jan. 16, 2019, 13:05

  • Digitalization
  • Hungary
  • GDP
  • growth
  • Netlock
  • efficiency
  • Somkuti
• Politics

  Hungary starts infringement procedure against Austria over child benefit reforms

  

  Hungary initiated an infringement procedure against Austria on Tuesday over changes introduced by the government in Vienna to the country’s child benefit system, according to a report by Hungarian news agency MTI. 

   Wed, Jan. 16, 2019, 10:30

  • Hungary
  • Austria
  • infringement
  • child benefit
  • EU
• Economy

  Hungarians’ spending on recreation, culture relatively low

  

  Spending on recreation and culture accounts for about 7.2% of the total expenditure of Hungarian households, a relatively low level compared to other countries in the region, data compiled by EU statistical body Eurostat shows.

   Mon, Jan. 14, 2019, 09:30

  • Hungary
  • Eurostat
  • culture
  • recreation
  • spending
• Economy

  Hungary opposes EU measures affecting road haulage firms

  

  Officials from the transport ministries of Hungary, Bulgaria, Poland and Lithuania have taken a unified stand in Brussels against planned measures affecting road haulage firms from countries outside of the European Union, the Ministry for Innovation and Technology said on Thursday, according to a report by state news wire MTI.

   Thu, Jan. 10, 2019, 12:20

  • Hungary
  • transportation
  • EU
  • road
  • haulage
  • mobility
• Economy

  Hungary in top 3 of EU list of petrol-driven cars

  

  According to a report by the European Commissionʼs statistical agency Eurostat, about 70% of cars in Hungary ran on petrol in 2016, which is the third highest ratio among EU members.

   Thu, Jan. 10, 2019, 10:40

  • Hungary
  • EU
  • petrol
  • transport
  • energy
  • Eurostat
• Finance

  MNB intʼl reserves up EUR 2.69 bln in December

  

  The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 27.403 billion at the end of December, up EUR 2.69 bln from the end of the previous month, preliminary data released Tuesday show.

   Tue, Jan. 8, 2019, 12:10

  • MNB
  • Hungary
  • reserve
  • international
• News

  Hungarian police-to-population ratio lowest across EU

  

  According to the European Commissionʼs official statistics agency Eurostat, Hungary has by far the lowest ratio of police officers to population in the European Union, at less than one-third of the EU average.

   Fri, Jan. 4, 2019, 10:45

  • EU
  • police
  • Hungary
  • law enforcement
  • Eurostat