Hungaryʼs government and the National Infrastructure Development Company (NIF) have signed contracts this summer worth more than HUF 600 million for further cycle paths.

Fourteen racehorses bred in Hungary were flown to China last week from Budapest Airport. The Friesian and Shagya Arabian horses took off in special freight containers, accompanied by a team of carers and vets. This was the first live horse shipment from Budapest Airport to China.

FHB Mortgage Bank booked a consolidated second-quarter loss of HUF 121 million, improving over a HUF 268 mln loss in the base period, an earnings report released late yesterday shows.

Among activities connected to the recent Hungarian Formula 1 Grand Prix, HUF 4 million was collected for the International Children’s Safety Service (Nemzetközi Gyermekmentő Szolgálat, or NGYSZ) with the help of Mercedes-AMG Petronas Motorsport drivers Lewis Hamilton and Valtteri Bottas.

The Government Debt Management Agency (ÁKK) sold a combined HUF 47.5 bln of bonds at auction on Thursday, raising its original offer by HUF 7.5 bln, state news wire MTI reported.

Steak sandwiches, salty waffles and Angus burgers, as well as homemade beer recipes, will all be available to food enthusiasts from September 1 in the Food Truck Cookbook, according to a press release sent to the Budapest Business Journal.

Hungaryʼs state debt, calculated according to Maastricht rules, stood at 74% of GDP at the end of June, down slightly from 74.3% of GDP at the end of March, the National Bank of Hungary (MNB) said on Thursday concerning Hungaryʼs preliminary financial accounts.

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) were down 0.3% at HUF 6,004 billion in July from the previous month, state news wire MTI reported Wednesday.

A new ski slope will start operating at Eplény, a little more than a hundred kilometers west of Budapest. Developer Síaréna plans to invest more than HUF 500 million in the project, national news agency MTI reports. Government grants will support this and an upgrade at another facility in Mátraszentistván.

The Government Debt Management Agency (ÁKK) bought back a combined HUF 5.4 billion of bonds expiring in 2018 and 2019 at a reverse auction on Wednesday, state news wire MTI reported.

After being beset by repeated delays, renovation of the northern stretch of Budapestʼs Metro 3 line will begin in late October or early November at the latest, while a new tender will be issued for the renovation of the other two stretches, according to economic daily Világgazdaság.

Hungarian authorities have discovered a small quantity of imported eggs and egg product contaminated with the insecticide fipronil, the National Food Chain Safety Office (NÉBIH) said late yesterday, according to state news wire MTI.

The gross domestic product of Hungary was up an unadjusted 3.2% in the second quarter of 2017 compared with the corresponding period of the previous year, according to a first release of data from the Central Statistical Office (KSH). The volume of GDP rose by 3.7% in the first half compared to a year earlier.

Though their country boasts a high-profile, fast-growing film production industry, Hungarians are rather infrequent cinemagoers in comparison with citizens of other EU member states, data compiled by Eurostat show, as cited by state news wire MTI.

iPhone users in Hungary will now be able to use a new feature in Apple Maps, which allows them to get public transportation directions.  The new service not only provides directions, but also departure times and unexpected changes.

Hungaryʼs external financing capacity rose sharply in June from the previous two months to EUR 1.7 billion because of a bigger current account surplus and a jump in capital transfers from the European Union, monthly preliminary balance of payments data published by the National Bank of Hungary (MNB) on Tuesday show.

The Hungarian government will use fixed-line telephone services for voice communications of state administrative institutions, according to a report on state news wire MTI. The aim is to achieve significant cost savings.

Hungarian SMEs expect their revenues to climb by 8.5% on average over the coming year, according to a survey by K&H Bank, quoted by national news agency MTI.

The government plans to set up a national network of intermodal container terminals (OIKH) and would establish a 100% state-owned company to design, execute and operate OIKH projects, shows a government resolution published in the official gazette Magyar Közlöny on Monday.

Agricultural producer prices were 2.5% higher in June 2017 than in the corresponding month of the previous year, comprised of a 3.1% decrease in the price of crop products and a 13% rise in the price of live animals and animal products, according to a first release of monthly data from the Central Statistical Office (KSH).