President János Áder called for a paradigm shift in economic policymaking, arguing that all economic players should now consider the costs of environmental protection as part of their budget. In a video message sent to the Green Finance Conference held by the National Bank of Hungary and the European Bank for Reconstruction and Development (EBRD), […]
Nestle Hungaria laid the cornerstone of a 50 billion forint (EUR 139.6m) expansion at its pet food plant in Buk, northwest Hungary, on Friday. Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said at the event that the investment, the company’s biggest ever in Hungary, would raise the plant’s capacity by 30% and create […]
The most important balance numbers were in the focus of the press conference that Vice Mayor Lajos Barcsa and Virág Kocsik-Marossy, CEO of the company held on 21 September 2020. Lajos Barcsa said that Debrecen Holding is an umbrella organisation for several companies, and so it has 1,546 employees. – It is joyful that the […]
Hungary posted a trade surplus of 251 million euros in August, an improvement on 236 million euros in the previous month, the Central Statistical Office (KSH) said, quoting its first estimate.
Commenting on a vote by lawmakers on Tuesday to hike doctors’ pay, the prime minister said there was “no time like the present”. He said it was likely that the epidemic would endure for the next 7-8 months, and without a vaccine, doctors would continue to contend with a massive burden. Hungarian doctors “are among […]
The VAT rate on home building carried out before December 31, 2022 will revert to 5%, Prime Minister Viktor Orbán told Hir TV. Referring to Wednesday’s cabinet meeting, Orbán said Katalin Novák, the minister of family affairs, presented the key elements of a new home building programme. Also, the cabinet approved tax relief and economic […]
The Municipality of Debrecen presented the Civaqua Programme as part of a professional conference. The cívis city has announced a new environmental policy that forms part of the D2030 urban development strategy. One of its dominant elements is the Civaqua Programme. The Government of Hungary supports the first phase of the Civaqua Programme and the […]
Hungary’s economic protection scheme has been among the most successful in terms of the job market, with the unemployment rate showing a much better trajectory than in the European Union, the head of the Prime Minister’s Office said.
Hungary’s year-on-year consumer price index fell to 3.4% in September from 3.9% in August as pressure from prices for food, tobacco and spirits, the Central Statistical Office (KSH) said.
Talks are underway with companies from the United States on twelve big investment projects in Hungary that could create about 5,000 jobs, Finance Minister Mihály Varga said on Facebook after a meeting with the US-Hungary Business Council (USHBC).
