Gross wages climb 11.6% in October
The average gross wage for full-time workers in Hungary rose by 11.6% year on year to 365,135 forints (EUR 1,100) in October, the Central Statistical Office (KSH) said.
Adam
Economy
Tax burden to decrease further
The government has managed to simultaneously reduce the tax burden while increasing revenues this year, and this additional money is being ploughed into new measures under the family protection action plan as well providing coverage for new tax cuts, a finance ministry official has said in an interview.
Debrecen Airport to undergo major developments
Eastern Hungary’s biggest airport in Debrecen will see major developments in 2020, including the building of a new firehouse, revamping the terminal building and procurement of passenger safety equipment, Mayor László Papp told a press conference.
Per Capita Consumption in Hungary Moves Closer to EU Average
Hungarians’ level of consumption per capita continued to move closer to the European Union average last year, the Central Statistical Office (KSH) said, citing fresh data from Eurostat.
Suez Water Tech Invests HUF 9.6 bn in Expanding Oroszlány Plant
Suez Water Technologies and Solutions Hungary is investing 9.6 billion forints (EUR 29.0m) in expanding its base in Oroszlány, northwest Hungary, Foreign Minister Péter Szijjártó said.
Urban transport: car loan is not a problem anymore
Having your own car can be very effective, however, many people living in big cities do not have their own vehicle, since they can get everywhere with the help of public transport, but catching the right bus or tram may be problematic or take too much time…
Government Earmarks 35 Billion HuF for Education Development in Debrecen
The government has earmarked 35 billion forints (EUR 106m) for supporting a complex education and school infrastructure development programme in Debrecen, in eastern Hungary, according to the decree published in the official gazette Magyar Közlöny.
Industrial output up 6.1% in October
Hungarian industrial output grew by an annual 6.1% in October, the Central Statistical Office (KSH) said in a first reading of data.
Audi starts serial production of mild-hybrid e-vehicles
The local unit of German carmaker Audi has started serial production of its Audi Q3 and Q3 Sportback models with mild-hybrid system, the company said.
Audi Hungaria Starts Serial Production of Mild-Hybrid E-Vehicles
The local unit of German carmaker Audi has started serial production of its Audi Q3 and Q3 Sportback models with mild-hybrid system, the company said.