This year’s "beach" season will start on April 27 with the opening of the Palatinus, Dagály and Paskál lidos, state news wire hvg.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.

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.

Residential real estate developer Cordia has announced loan deals to the total value of HUF 27.7 billion with OTP Bank, Takarék Group, and Sberbank, in order to finance the companyʼs five Budapest projects, says a press release sent to the Budapest Business Journal.

The Ritz-Carlton hotel in Budapest has announced the appointment of Hugo Lecanda as general manager, responsible for overall hotel performance and operations, according to a press release sent to the Budapest Business Journal.

German low-budget hotel and hostel chain A&O will open its first Hungarian unit in the second half of August, according to a report by local current affairs news site hvg.hu. Others in the hybrid segment of the market are set to follow.

AD Plastik, a Croatian manufacturer of plastic components for the auto industry, has signed contracts worth a total of EUR 10.2 million for production of car parts for the Hungarian market, the company was cited as saying Tuesday by Southeast Europe business news service SeeNews.

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line with the original offer, state news wire MTI reported.

In the first quarter of 2019, demand for jobs in the IT, administrative, and hospitality sectors, as well as skilled labor positions, grew significantly compared to the same period a year ago, with the total number of job applicants up 17%, according to online job search specialist Profession.hu.

In todayʼs booming property market, homes with a price tag in the HUF 100-200 million range are in high demand, both in Budapest and in the surrounding agglomeration, according to a press release from GDN Real Estate Network.