The Government Debt Management Agency (ÁKK) sold a combined HUF 22.5 billion of bonds maturing in 2026 for ones expiring in 2019 at a switch auction today, Hungarian news agency MTI reported.

Csaba Polacsek has been appointed as new partner at PwC Hungary, according to a press statement sent to the Budapest Business Journal. 

Hungarian-owned electronic manufacturing service provider Videoton Holdingʼs revenue grew by 8% in the first half of the year compared to the same period last year, co-CEO Otto Sinko said yesterday, Hungarian news agency MTI reported.

Hungarian food safety authority NÉBIH yesterday warned of an occurrence of African Swine Fever (ASF), a disease with a near 100% fatality rate in pigs, just 20 km from the border.

The Hungarian Investment Promotion Agency (HIPA) helped coordinate decisions on 47 investments worth a combined EUR 1.3 billion in the first half of the year, Minister of Foreign Affairs and Trade Péter Szijjártó said at a press conference today.

The space at the meeting of Bükköny and Sáfrány streets in Budapest’s District IX was today named Ljubljana Square, after the capital’s General Assembly decided on the move on June 21, according to Hungarian news portal index.hu.

The Government Debt Management Agency (ÁKK) sold HUF 15 bln of discount three-month T-bills at auction today, in line with the original offer.

Hungary’s Prime Minister Viktor Orbán and President of the International Olympic Committee (IOC) Thomas Bach shared a working lunch in Budapest on Sunday, according to a report by official government website kormany.hu.

President Julio César Maglione, on behalf of the World Swimming Association (FINA), awarded the organization’s highest ranking to Prime Minister Viktor Orbán yesterday in the Parliament building in Budapest, according to reports.

Ole Bjørn Sjulstado has been appointed the CEO of Telenor Bulgaria as of August 1 and his current position of deputy CEO at Telenor Hungary will be taken over by Christian Wulff Søndergaard, who is currently responsible for Telenor Group’s European and Regulatory matters in Brussels, according to a press statement sent to the Budapest Business Journal.

The National Bank of Hungary (MNB) allotted HUF 150 billion of one- and 12-month forint swaps against euros at a tender yesterday, data released by the central bank shows, Hungarian news agency MTI has reported.

Hungarian oil and gas company MOL announced yesterday that it had signed a EUR 110 million Schuldscheindarlehen (SSD) Agreement, becoming the first Hungarian company to avail itself of the German form of credit which is an alternative to syndicated loans and corporate bonds.

Minister of Foreign Affairs and Trade Péter Szijjártó met with his Azerbaijani counterpart Elmar Mammadyarov in Budapest today, according to Hungarian news agency MTI.

Hungarian film and music producer Joseph Felfoldi, the founder of Felfoldi Music, has composed a musical piece entitled “Brexit Ballet” about the United Kingdom’s decision to leave the European Union, trying to capture how Europeans could feel about the issue, according to a press statement sent to the Budapest Business Journal.

Erste Bank Hungary will start offering home loans certified as "consumer-friendly" by the National Bank of Hungary (MNB) from today, the lenderʼs head of product management said, according to Hungarian new agency MTI.

The 17th FINA World Championships has announced it will celebrate watersports and sportspeople in a contemporary circus and dance show on July 30 in the Papp László Sport Arena as part of the closing ceremony of the event, according to a press statement sent to the Budapest Business Journal.

Budapest Gallery is opening an exhibition entitled "Gaze of Thought", portraying the artwork of Miklós Gaál and Tibor iski Kocsis from August 2 to September 10, according to a press statement sent to the Budapest Business Journal.

Hungarian state-owned railways company MÁV is trying to tackle its labor shortage by offering a HUF 35,000 bonus for workers who refer an acquaintance, according to a report by Hungarian daily Magyar Idők. 

Hungary’s volume of retail sales was up by 6% in May, according to raw data, compared to the same month a year earlier, and grew by 5.5% adjusted for calendar effects, the Central Statistical Office (KSH) said this morning in a second estimate of data that was 0.1 of a percentage point higher than that published in the first estimate, KSH noted.

Economic research institute GKIʼs combined gauge of consumer and business confidence rose to 4.2 points in July, a historic high, from 3.2 points in the previous month, Hungarian news agency MTI reported. The business confidence index rose to 11.3 points from 9.5 points.