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Hungary Exports Grow 6.1% YR/YR in September
Hungary’s exports grew by an annual 6.1% to 10.285 billion euros in September, while imports declined by 0.8% to 9.144 billion, according to a second reading of data released by the Central Statistical Office (KSH). The trade surplus was 1.140 billion euros, up from...
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Investment Volume Falls by 12% in Q3
Investment volume in Hungary fell by an annual 12.0 percent in the third quarter of 2020, the Central Statistical Office (KSH) said on Thursday. In a quarter-on-quarter comparison, investment volume...
Government to Double Investment Support Scheme for Large Companies
The government will raise investment support for large companies in 2020 to 80 billion forints (EUR 221.5m) from 40 billion, Finance Minister Mihály Varga said on Thursday. Speaking at the online...
The 5,000-square-meter, three-storey innovation center in Debrecen will soon be completed
The Innovation Center of the University of Debrecen in the industrial park on Vezér út is ready. The foundation stone of the building was laid on June 9, and is scheduled to be handed over in the...
Government Institutes New Home Office Rules
The government has created new, flexible rules around working from home. Employers and employees can temporarily reach agreements independent of certain aspects of the existing labor code. However,...
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