As of November 1, Judit Kiss will lead the HR Division of Telenor Hungary as new HR director. Her predecessor, Zoltán Németh, is leaving the company after 15 years.

U.S. medical technology company Becton Dickinson inaugurated a HUF 6 billion plant in the industrial park of Tatabánya, west of the capital, on Thursday, state news wire MTI reported.

The Government Debt Management Agency (ÁKK) sold a combined HUF 34 billion of securities at auction on Thursday, higher than its original offer, state news agency MTI reported.  

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,236.3 billion deficit at the end of September, the Ministry for National Economy confirmed in a second reading of data released Thursday. The deficit thus reached 106% of the HUF 1,166.4 bln full-year target, state news wire MTI reported.

In the first eight months of 2017, both gross and net earnings grew to the same extent, by 12.7%, compared to the equivalent period of the previous year, according to a first release of earnings data from the Central Statistical Office (KSH).

U.S.-Hungarian relations suddenly took an unfriendly turn after the U.S. chargé d’affaires made critical remarks regarding freedom of the press in Hungary. The Hungarian Ministry of Foreign Affairs and Trade labelled the remarks as "unsolicited interference in Hungarian domestic affairs."

Home loan outlays rose by 26% in the first half of 2017 compared to the equivalent period of 2016, reaching a total of HUF 264 billion, according to a summary of data compiled by the Central Statistical Office (KSH) and cited by state news agency MTI.  

British Telecom and pollster Medián polled 9,000 Hungarians aged 14-25 about their salary expectations. According to the findings, cited by online news portal index.hu, young people are reluctant to work for less than HUF 270,000 per month.

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (Bamosz) edged up 1% in September to reach HUF 6,051 billion.

European citizens are looking more and more favorably on the European Union. They increasingly feel that their voices count in the EU and that their countries have benefited from being member states, according to a recent poll. An above-average 72% of Hungarian respondents said they think their country has gained from being a member of the EU.

Financial institutions are among the sectors being affected by the continuing shortage of skilled labor in Hungary. This is particularly true for IT, consultancy and sales specialists, according to a report by economic daily Világgazdaság.

As of October 2, Gabriella Szilágyi is the new sales and marketing manager of the Canadian Chamber of Commerce in Hungary (CCCH), according to a press release sent to the Budapest Business Journal. 

Hungarian Prime Minister Viktor Orbán and his Slovak counterpart Robert Fico laid the cornerstone Tuesday for a new bridge spanning the river Danube between the Hungarian town of Komárom and Slovakiaʼs Komárno. The cost of the bridge is EUR 91.2 million.

The Hungarian Parliament voted Tuesday to extend the deadline for compliance with amendments to the act on higher education. The Central European University (CEU), which says it has been specifically targeted by the amendments, indicated that it does not understand the reasoning for the delay, insisting than an agreement with the government is ready to sign.

German-owned brake maker Knorr-Bremse Rail Systems Budapest inaugurated a HUF 5.28 billion expansion at its base in Budapest on Tuesday, state news wire MTI reported.

Hungaryʼs external financing capacity rose to EUR 539 million in August from a mere EUR 14 mln in July, mainly due to the restart of European Union capital transfers, monthly preliminary balance of payments data from the National Bank of Hungary (MNB) show, as summarized by state news agency MTI.   

German-owned discount supermarket chain Penny Market inaugurated a HUF 9 billion logistics center in Veszprém (i25 km southwest of Budapest) on Tuesday.   

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, raising its original offer by HUF 5 bln, according to state news agency MTI.   

Based on the votes of more than 300,000 readers of Condé Nast Traveler magazine, the Aria Hotel Budapest by Library Hotel Collection has finished second in a ranking of the best hotels in Central Europe. This yearʼs top-ranked hotel is the Hotel Bristol Vienna.

Hungaryʼs state-owned NKM National Utilities Ltd. said on Tuesday it has signed a contract with ENGIE International Holdings B.V. (the former GDF Suez) under which it will buy 100% of regional gas distributor Égáz-Dégáz Földgázelosztó Zrt.