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Type(s) Hebdomadaire
Langue(s) Anglais
Pays et région Hongrie / Hongrie
Villes(s) Budapest
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  • Hell Energy inaugurates HUF 2.1 bln expansion
    le 19/07/2019 à 3:20

    Hungarian soft drink maker Hell Energy inaugurated a HUF 2.1 billion production line at its base in Szikszó (NE Hungary) on Friday. The new line, the companyʼs fourth, will raise daily production capacity from 4.5 million to 6 mln cans per day.  &nbs […]

  • Increasing labor shortages afflict Hungarian healthcare
    le 19/07/2019 à 2:00

    Hungarian healthcare is suffering an over 5% shortage of expert staff, according to data from the Central Statistical Office (KSH). However, a survey by the Chamber of Hungarian Healthcare Professionals (MESzK), indicates two or three times as many vacancies in the sector. […]

  • EC moves to vet Member States on rule of law
    le 19/07/2019 à 9:20

    EU nations will be vetted annually on adherence to the rule of law, according to a policy paper released by the European Commission. Incoming EC President Ursula von der Leyen said she fully supports an “EU-wide rule-of-law mechanism,” amid fears she may be influenced by nationalist […]

  • Hungary launches 5G spectrum auction procedure
    le 19/07/2019 à 8:40

    Hungaryʼs National Media and Infocommunications Authority (NMHH) launched an auction procedure for 5G spectrum licenses on Thursday with the publication on its website of detailed documentation on the sale.  &nbs […]

  • 2,400 applications for prenatal baby support so far
    le 19/07/2019 à 8:00

    About 2,400 applications have been received for state-subsidized prenatal baby support loans since the credit scheme was launched on July 1, Gergely Gulyás, the head of the Prime Ministerʼs Office, said at a regular press briefing on Thursday, state news wire MTI reported. […]

  • Red Cross provides HUF 67 mln in aid for storm-hit villages
    le 19/07/2019 à 7:40

    The Hungarian Red Cross is helping 7,200 people affected by severe storms in late June with financial and technical assistance from the International Federation of Red Cross and Red Crescent Societies (IFRC). The storms hit on June 27, causing serious damage in Szabolcs-Szatmár-Bereg County, […]

  • Gül Baba Cultural Center closes June with record visitors
    le 19/07/2019 à 7:20

    Visitor numbers are growing at the Tomb of Gül Baba, which was reopened for the public last October, and the surrounding Gül Baba Cultural Center, reaching 7,000 in June alone, according to a press release sent to the Budapest Business Journal. […]

  • Áder to travel to Belgrade for Hunyadi statue unveiling
    le 19/07/2019 à 7:00

    President of Hungary János Áder will visit Belgrade on Monday, July 22, to inaugurate a new statue of 15th century Hungarian military hero János Hunyadi with President of Serbia Aleksandar Vučić, according to a press release sent to the Budapest Business Journal. […]

  • Duna House sees lower activity, higher prices in Q2
    le 18/07/2019 à 12:15

    Investors were less active on the real estate market in the second quarter of 2019 than a year before, with falling transaction numbers, according to data from real estate agency holding Duna House. […]

  • ÁKK sells HUF 65 bln of bonds at auction, over plan
    le 18/07/2019 à 11:00

    The Government Debt Management Agency (ÁKK) sold a combined HUF 65.0 billion of bonds at auction on Thursday, raising its original offer by HUF 5.0 bln on strong demand for the longest term, state news wire MTI reported. […]

  • Vodafone welcomes regulatory clearance of UPC acquisition
    le 18/07/2019 à 10:30

    Today the European Commission (EC) cleared Vodafoneʼs acquisition of Liberty Global’s cable businesses in Germany, the Czech Republic, Hungary and Romania for EUR 18.4 billion, including those of UPC Hungary, says a press release sent to the Budapest Business Journal. […]

  • Telenor offers extended 4G+ coverage around Lake Balaton
    le 18/07/2019 à 10:25

    The Budapest Business Journal asked Telenor Hungary chief network strategist Tamás Csaba about the company’s plans for tackling summer peak traffic around Lake Balaton. […]

  • Income inequality in Hungary under EU average
    le 18/07/2019 à 10:00

    Income inequality in Hungary, measured by the difference between the incomes of the top fifth and lowest fifth of earners, is under the European Union average but higher than in some of the countryʼs neighbors, show data compiled by Eurostat, the EU statistics agency. […]

  • Hungary has fifth highest death rate in EU
    le 18/07/2019 à 9:00

    Hungary has posted the fifth highest death rate per 100,000 inhabitants in the European Union, according to recent research published by the EUʼs statistical office Eurostat, based on 2016 data. The country continues to struggle with population decline, despite government efforts to reverse […]

  • Szentendre HÉV to be repurposed as Metro 5
    le 18/07/2019 à 8:30

    Budapest suburban railway (HÉV) line H5 is set to be referred to as metro line M5 from September 2019 by the municipality, which plans to take the line under ground as part of the Budapest Mobility Plan, news portal reports. […]

  • Moodyʼs upgrades OTP Bank after Tier 2 issue
    le 18/07/2019 à 8:00

    Moodyʼs Investors Service said Wednesday it has upgraded the long-term local currency deposit ratings of OTP Bank, Hungaryʼs biggest commercial lender, from Baa2 to Baa1, and changed its outlook from "rating under review" to "stable," state news wire MTI reported. […]

  • Chemicals industry expands 7.8% in 2018
    le 18/07/2019 à 7:30

    Hungary’s chemicals industry grew 7.8% last year, outpacing the average growth of the sector in the European Union; this year’s expansion is likely to be more modest because of the high base, the head of the Hungarian Chemical Industry Association (Mavesz) told business daily […]

  • University admissions lead to housing rental boom
    le 18/07/2019 à 7:00

    The publication of higher education admission thresholds on July 24 is expected to lead to a boom in the housing rental market, business news site reported. […]

  • Hungarians drink annual 50 mln liters of energy drinks
    le 17/07/2019 à 12:50

    Hungarians drank some 50 million liters of energy drinks between June 2018 and May 2019, to the value of HUF 32 billion, according to a report by market research company Nielsen.&nbs […]

  • EBRD to subscribe OTP Tier 2 notes
    le 17/07/2019 à 12:30

    The European Bank for Reconstruction and Development (EBRD) said Wednesday it will invest EUR 60 million in subordinated bonds issued by OTP Bank, "supporting the successful return of OTP Bank to the international capital markets." […]

  • ÁKK buys back bonds early at reverse auction
    le 17/07/2019 à 11:45

    The Government Debt Management Agency (ÁKK) bought back HUF 400 million of bonds expiring in 2020 before maturity at a reverse auction on Wednesday, state news agency MTI reported. […]

  • First double-decker train for MÁV rolled out
    le 17/07/2019 à 11:00

    The first double-decker "KISS" train, produced by Switzerlandʼs Stadler for Hungarian State Railways (MÁV), was ceremonially rolled out Tuesday in Dunakeszi (19 km north of Budapest), according to a press release sent to the Budapest Business Journal. […]

  • Drukka Digitals wins international healthcare award
    le 17/07/2019 à 10:10

    Hungarian startup Drukka Digitals has received the best prototype award at the Digital Health Challenge in Germany with a smart solution that improves the lives of those suffering from dementia, according to a press release sent to the Budapest Business Journal. […]

  • Barceló Group opens Budapest hotel
    le 17/07/2019 à 9:45

    Spainʼs Barceló Group has opened the 179-room, four-star Barceló Budapest on Király utca after two years of development, according to a press release sent to the Budapest Business Journal. The Spanish hotel group has signed a 25-year tenancy deal with developer the Sunbelt […]

  • Gov’t pays more than HUF 10 bln annually to Hungaroring
    le 17/07/2019 à 8:30

    The Hungarian government grants more than HUF 10 billion annually to the Hungaroring Formula 1 motorsport racetrack in Mogyoród (22 km northeast of Budapest), which is owned by Austrian company Ostermann Kft., news portal reported. […]

  • Number of higher education students down 22%
    le 17/07/2019 à 8:00

    While the share of higher education graduates has increased to 34% in Hungary, the overall number of students in higher education has fallen 22% compared to the 2000s, news portal reported. […]

  • Mészáros Group buys minority stake in Tigáz from MET Group
    le 17/07/2019 à 7:30

    Status Energy Private Equity Fund, a holding of the investor Lőrinc Mészáros, has acquired a 49.57% stake in regional gas distributor Tigáz from MET Group, an energy trader headquartered in Switzerland, a PR agent for listed holding Opus Global, which […]

  • Kreinbacher takes gold medal at CSWWC
    le 17/07/2019 à 7:00

    Kreinbacherʼs 2015 Brut Classic Magnum has won a gold at this yearʼs Champagne & Sparkling Wine World Championships (CSWWC), the Hungarian vintner told state news wire MTI. […]

  • ÁKK sells HUF 15 bln of 3-month T-bills, as planned
    le 16/07/2019 à 12:30

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

  • Revolut now supports Apple Pay in Hungary
    le 16/07/2019 à 11:30

    Revolut, one of the worldʼs fastest-growing fintech companies, will make Apple Pay available for its clients in Hungary starting today, according to a press release sent to the Budapest Business Journal. […]

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