Hungarian agribusiness Claessens, established by a family of Belgian farmers more than 20 years ago, topped out a HUF 3.1 billion feed plant in Böhönye, Somogy County (SW Hungary) on Monday, state news wire MTI reported.

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line with its original offer, state news wire MTI reported.

The American Spaces program in Budapest, initiated by the U. S. State Department in cooperation with Corvinus University of Budapest, organized the reopening ceremony of its American Corner on September 16, according to a press release sent to the Budapest Business Journal.

First-half after-tax profit of Budapest Bank fell 30% year-on-year to HUF 6.4 billion, the lender said on Monday, as reported by state news agency MTI.

The Hungarian Police, in cooperation with the European Traffic Police Network (TISPOL), has launched a nationwide campaign dubbed “Figyelemmel az útra” (“Focus on the road”), which targets drivers using their smartphones without hands-free kits while driving, news portal Index.hu reports.

The National Bank of Hungary (MNB) projects the general government deficit, calculated according to European Union accounting rules, will reach 1.6-1.7% of GDP this year, slightly under the government’s official target of 1.8% of GDP, the central bankʼs official page mnb.hu reports.

Serbia has signed a EUR 100 million loan deal with the European Investment Bank (EIB),the lending arm of the European Union, to finance the construction of the Niš-Merdare motorway in Serbia, the bank said.

The value of Hungarian purchases with bank cards continued to climb in the double-digits in the second quarter, but the value of cash withdrawals made with those cards still exceeded purchases by almost one-third, data released by the National Bank of Hungary (MNB) shows, state news wire MTI reports.

The Central European University formally began its new academic year today, welcoming students, faculty, staff and distinguished guests with an opening ceremony at its Budapest campus, the university told the Budapest Business Journal.

Telecommunications business group DIGI slammed the decision of the National Media and Infocommunications Authority (NMHH) to exclude DIGI from the 5G frequency auction, saying it will challenge the decision with all possible legal tools.

This September, the Judafest Community Festival in and around Klauzál tar will celebrate the traditional Jewish Fall Feasts, with a broad line-up of talks, urban walks, cultural gigs, and concerts, according to a press release sent to the Budapest Business Journal.

Even though the previous quarters saw a decline in the value of newly started construction works in Hungary, in Q2 2019 the sector showed some bettering, according to the latest EBI Construction Activity Report.

The National Bank of Hungary (MNB) on Monday said it will extend a systemic risk buffer (SRB) requirement earlier rolled out to manage risk arising from problem project loans to non-problem FX currency project loans, state news wire MTI reports.

Using fiscal and tax policy tools to support climate-friendly measures should not put any European Union member states or industrial sectors at a disadvantage, Minister of Finance Mihály Varga said after an informal meeting of EU finance and economy ministers in Helsinki on Saturday, state news wire MTI reported.

A Hungarian startup developing a brain-computer interface, MindRove, has won first prize at the INPUT Program’s first national startup competition, news portal origo.hu reports, citing the Ministry for Innovation and Technology.

Government Commissioner for active tourism Máriusz Révész has said that cruise shipping could start on Lake Tisza from May 2020, bringing serious development potential to the region with help from other projects, profitline.hu reports.

Magyar Telekom, Telenor Magyarország and Vodafone Magyarország have been registered by Hungaryʼs National Media and Infocommunications Authority (NMHH) for the auctions for 5G spectrums, NMHH said today, according to a report by Hungarian news agency MTI.

Real estate market turnover was significantly weaker than usual in August, as a result of which the market closed its weakest summer period in the last four years, according to data by Duna House Barometer.

The board of listed holding company Opus Global will ask shareholders for a mandate to issue HUF 28.6 billion of bonds in the framework of the National Bank of Hungaryʼs Bond Funding for Growth Scheme (BGS) at an EGM on October 4, the agenda for the meeting shows, state news wire MTI reports.

LOT Polish Airlines says that it considers Hungary one of its key markets, hence it is launching an updated marketing campaign called "Be Our Guest", the airline told the Budapest Business Journal.