Second-quarter net income of Hungarian oil and gas company MOL rose by 60% year-on-year to 298.0 billion forints as revenue growth outpaced the increase in overall costs, an earnings report released ahead of the opening bell on Friday shows.

With regard to the current unprecedented droughts, the Drought Emergency Operative Body has decided to speed up insurance companies’ procedures to compensate farmers, introduced a moratorium for agricultural businesses’ debt service, set up a pool of 3 billion forints for fodder to animal farmers, and ensure an extra 1.4 billion forints to help farmers pay […]

The opposition parties have called a special session of parliament to discuss proposals regarding changes to the small business tax (kata) for Aug. 8.

The Hungarian Food Bank Association saved some 4 million kilogrammes of food in the first half of 2022 in Hungary, and delivered it to people in need, the organisation said on Thursday.

Second-quarter net income of Hungarian pharmaceutical company Gedeon Richter climbed 173% year on year to 76.5 billion forints (EUR 193m), lifted by higher sales, improved margins and a net financial gain, an earnings report released ahead of the opening bell on Wednesday shows.

More than 43,000 households have applied for over 200 billion forints (EUR 505m) in government subsidies to install home solar panels and energy-efficient heating systems, Technology and Industry Ministry state secretary for energy Attila Steiner said on Wednesday.

Hungarian retail sales in June grew by an annual 4.1%, down from 12% growth in May, the Central Statistical Office (KSH) said on Wednesday.

Workers of Tungsram Operations who are being made redundant due to downsizing have the chance to participate in training subsidised by the government, a ministry of technology and industry (TIM) official said on Tuesday.