The United States has placed Tencent, CATL, and other Chinese companies on a list that allegedly supports Beijing’s military objectives.

In October, the average gross salary for full-time employees reached 637,200 forints, while the net average salary, calculated with tax benefits, was 438,900 forints. According to the Central Statistical Office (KSH) report on Friday, the gross average salary increased by 12.9%, the net average salary by 12.7%, and real wages by 9.4% compared to the […]

In November, consumer prices in Hungary were 3.7% higher than the same month in the previous year, and 0.5% higher compared to the previous month, as reported by the Central Statistical Office (KSH).

Domestic fuel prices continue to decrease, which can be explained by the decrease in the price of Brent oil, reports holtankoljak.hu.

Thyssenkrupp, the German steel company, plans to reduce its workforce from the current approximately 27,000 to about 16,000 within six years.

In September, the average gross monthly earnings for full-time employees in Hungary reached 627,400 forints (approximately 1,477 euros), while the net average monthly earnings, considering benefits, amounted to 432,200 forints (approximately 1,017 euros), according to data released by the Hungarian Central Statistical Office (KSH) on Friday.

For the first time, Debrecen hosted one of Hungary’s largest business festivals, Business Fest, outside of Budapest. The event featured over 100 speakers in 9 rooms discussing the most pressing issues facing the region.

German auto parts manufacturer Schaeffler is cutting 4,700 jobs in Europe.

According to data released by the Hungarian Central Statistical Office (KSH), the number of new flats built in Hungary in the first three quarters of 2024 decreased by 19% compared to the same period in 2023, with a total of 8,709 new flats constructed. Furthermore, the number of building permits issued for new flats decreased […]