While it is still April, a number of farmers in the Alföld (Great Plain) region have begun the irrigation of the wheat crop already, due to the drought that has been going on for months and which may result in a significant hit to revenues, with an expected 15% lower crop yield.

In January-February 2019, there were 5.1% fewer births and 10.5% more deaths than in the first two months of 2018, show preliminary data from the Central Statistical Office (KSH). As a result, the natural decrease of the population rose by nearly 36% year-on-year.

Budapest has been declared the fourth "Most Instagrammable" European travel destination in 2019, according to a list compiled by global travel site Big 7 Travel.

China National Machinery Import and Export Corporation (CMC) could invest up to EUR 1 billion and set up a regional base in Hungary, under an agreement signed by CMC Chairman Ruan Guang and Hungarian Minister for Innovation and Technology László Palkovics in Beijing on Thursday.

The fiscal costs of family support measures unveiled by the government in February are expected to reach the equivalent of 0.3% of GDP this year, and 1.1% of GDP next year, but will not impact the general government deficit target in either year, a senior official of the Ministry of Finance said on Thursday.

This year’s "beach" season will start this Saturday, April 27, with the opening of the Palatinus, Dagály and Paskál lidos, current affairs site hvg.hu reported on Thursday.

The tender to upgrade the Hungarian section of the rail line between Budapest and Belgrade has been won by a Chinese-Hungarian consortium, state news portal kormany.hu reported.

A little more than 737,000 jobs were added to the Hungarian economy between 2010 and 2018, according to a summary of data published by the Central Statistical Office (KSH), cited by Hungarian news agency MTI.

The Government Debt Management Agency (ÁKK) sold a total of HUF 80.5 billion of bonds at auction on Thursday, raising its original offer by HUF 15.5 bln on strong demand from primary dealers, state news wire MTI reported.

ZV-Impex Kereskedelmi Bt., the owner of hdiShop, has acquired Dressa.hu, resulting in the creation of one of the largest, 100% Hungarian-owned webshops selling clothes, according to a press release sent to the Budapest Business Journal.

Chloride-tainted Russian oil flowing through the Druzhba pipeline could reach Hungary and Slovakia in 4-5 days, news agency Reuters reported on Thursday, citing a statement by Belarusian pipeline company Gomeltransneft Druzhba.

Shareholders of Hungarian drugmaker Gedeon Richter approved a proposal to pay a HUF 100 per-share dividend on last yearʼs earnings at the firmʼs annual general meeting on Wednesday, according to media reports. The dividend fund comes to HUF 18.637 billion.   

With another 20 organizations signing the memorandum of understanding of the Circular Economy Platform, founded last November by the Business Council for Sustainable Development in Hungary (BCSDH), the Netherlands Embassy, and the Ministry for Innovation and Technology, the member count now stands at 68.

World-renowned artists Macklemore, 6lack and Michael Kiwanuka are the latest to be announced as joining the lineup of Sziget, the biggest Hungarian music event, according to the summer festivalʼs official website, szigetfestival.com.

The Millenáris complex hosts the 2019 edition of the Budapest International Book Festival between April 25 and 28, featuring authors from all over the world, according to official website bookfestival.hu.

Developer Wing Zrt. has announced the construction of Park West, a new community residential park in District 13 near Lehel tér, under the companyʼs Living umbrella brand for residential properties, according to a press release sent to the Budapest Business Journal.

The European startup market achieved records in terms of both the number and volume of investments in 2018, with the number of capital investments in Hungary growing at the fastest pace year-on-year proportionally, according to EYʼs Start-Up-Barometer.

The Government Debt Management Agency (ÁKK) bought back a combined HUF 22.28 billion of bonds expiring in 2019 or 2020 before maturity at a reverse auction on Wednesday, state news agency MTI reported.

Hungarian-owned medical equipment manufacturer 77 Elektronika had nearly HUF 31 billion revenue last year, a more than threefold rise in five years, the company told state news wire MTI.

Minister for Innovation and Technology László Palkovics said Wednesday he has asked MOL Chairman-CEO Zsolt Hernádi to act as chairman of the board of trustees of the future foundation set to take over the assets and operation of Corvinus University of Budapest, state news wire MTI reported.