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• News

  Marriage rate in Hungary above EU average

  

  According to a report by the EUʼs official statistical agency, Eurostat, the marriage rate in Hungary is above the EU average, with 5.2 marriages every year for 1,000 inhabitants.

   Fri, Feb. 15, 2019, 09:00

  • Hungary
  • marriage
  • rate
  • EU
  • Eurostat
• News

  Hungarians plan multiple holiday trips this year

  

  Most Hungarians are planning to spend a total of two to three weeks on holiday domestically, in hotels, getting to their destination by car this year, according to research by discount website Bónusz Brigád and research institute GKI Digital.

   Thu, Feb. 14, 2019, 11:00

  • holiday
  • Hungary
  • tourism
  • trip. research
  • Bónusz Brigád
• Economy

  Tourism sector closes strong year in 2018

  

  Commercial accommodation establishments saw a 3.8% growth in tourism nights in 2018, accompanied by a 9.3% rise in gross revenues compared to a year before, with December growth boosted by long weekends over the holiday period, according to data released by the Central Statistical Office (KSH).

   Tue, Feb. 12, 2019, 12:00

  • tourism
  • KSH
  • guest nights
  • growth
  • travel
  • Hungary
  • hotel
  • accommodation
  • occupancy
• Economy

  Hungary has joint lowest ratio of women in science, engineering

  

  Hungary has the joint lowest ratio of women to men in science and engineering in the European Union, according to a survey by the EU’s official statistical agency Eurostat.

   Tue, Feb. 12, 2019, 10:00

  • Eurostat
  • Hungary
  • science
  • engineering
  • women
  • men
  • gender
  • EU
• Business

  New international law firm with CEE focus enters market

  

  Collegium Bitai & Partners, a new law firm with a special focus on the CEE region, has entered the Hungarian market, according to a press release sent to the Budapest Business Journal. 

   Mon, Feb. 11, 2019, 15:02

  • Hungary
  • law firm
  • international
  • Bitai
  • Collegium
  • CEE
• Energy/environment

  Hungary needs 4,000 MW of new power capacity in 15 years

  

  MAVIR, the Hungarian transmission system operator (TSO), estimates that at least 4,000 MW of new power plant capacity will need to be built in the coming 15 years, state news wire MTI reported.

   Mon, Feb. 11, 2019, 13:55

  • Hungary
  • energy
  • power
  • capacity
  • MAVIR
  • TSO
• Economy

  EC confirms Hungary GDP growth forecast

  

  The European Commission (EC) confirmed its projection for Hungaryʼs GDP growth this year at 3.4% in a quarterly forecast released Thursday. The projection was unchanged from the 3.4% forecast published in November, and is still well under the governmentʼs forecast of 3.9%.   

   Fri, Feb. 8, 2019, 09:45

  • EC
  • European Commission
  • GDP
  • growth
  • forecast
  • consumption
  • employment
  • inflation
• Region

  Uncertainties fail to stunt M&A market - Allen & Overy

  

  International law firm Allen & Overy’s freshly released “Global Trends in Private M&A” report says that political uncertainty is not deterring dealmakers, who are forging ahead to meet the challenges of globalization, with market confidence leading to more auctions.

   Thu, Feb. 7, 2019, 15:00

  • M&A
  • Allen & Overy
  • market
  • report
  • CEE
  • Hungary
  • Poland
  • Czech
  • Slovakia
  • globalization
• Budapest

  Budapest named European Best Destination 2019

  

  Budapest has been voted this yearʼs "European Best Destination" by travelers, with the Hungarian capital topping a list of 15 competitors, ahead of second-placed Braga in Portugal, and the Italian town of Monte Isola in third, according to a press release sent to the Budapest Business Journal by European Best Destinations.

   Wed, Feb. 6, 2019, 11:00

  • Budapest
  • travel
  • destination
  • tourism
  • Europe
  • competition
• Politics

  ‘Partly Free’ - Freedom House downgrades Hungary

  

  According to “Freedom in the World 2019,” the latest annual survey issued by U.S.-based, government-funded watchdog Freedom House, Hungary is now only a “Partly Free” country, with worsening scores for political rights and civil liberties, becoming the first country in the EU that is not currently classified as “Free.”

   Tue, Feb. 5, 2019, 10:30

  • Hungary
  • freedom
  • democracy
  • Freedom House
  • civil rights
  • liberties
  • Fidesz
  • election