News
Hundreds of thousands are missing from the domestic labor market
Maintaining the functioning of the Hungarian economy is always, but in the current situation it is extremely important. There are several prerequisites for this, the most critical of which is the available workforce. According to data from GKI Economic Research Ltd.,...
Moody’s Upgrades Hungary to Baa2, Outlook Stable
Moody’s Investors Service upgraded Hungary’s sovereign rating to Baa2 from Baa3, with a stable outlook, at a scheduled review on Friday. Hungary’s Moody’s rating is now level with the sovereign...
Cosmo Consult Group is to set up IT Development and Service Centres in Debrecen and Szeged
The Hungarian subsidiary of the Cosmo Consult Group will establish new IT development and service centres in Debrecen and Szeged providing business IT solutions. With an investment of some HUF 785...
Hungary’s Innovation Moves Up One Place on Global Index
Hungary has moved up a single place since last year in the Global Innovation Index which measures the performance of 132 economies in terms of their innovation, the ministry of innovation and...
Chinese SEMCORP to Create 440 Jobs Near Debrecen
One of the largest investment projects of this year will involve a 65 billion forint (EUR 185m) investment project backed by 13 billion forints of state support, creating 440 new jobs near Debrecen,...
Wizz Air will resume flights from Debrecen to Moscow and Tel Aviv
Wizz Air will resume flights from Budapest to London Gatwick Airport, Oslo and Odessa, and from Debrecen to Tel Aviv and Moscow, the airline told MTI. The plane to Israel will fly several times a...
Vaccines to Be Produced in Debrecen at End-2022
Hungary’s new vaccine facility in Debrecen will start turning out doses at the end of next year, László Palkovics, the innovation and technology minister, said on Sunday, addressing the cornerstone...
Vitesco Technologies to Build HUF 47 bn Plant in Debrecen
German automotive company Vitesco Technologies is to build a 47 billion forint (EUR 134m) plant in Debrecen, in eastern Hungary, under an agreement reached on Tuesday, Péter Szijjártó, the minister...
The Farmer Expo in Debrecen had more than thirty thousand visitors
The interest in this year’s Farmer expo in Debrecen was extraordinary: the 30th anniversary international agricultural and food trade fair, which ended on Friday, was visited by more than thirty...
Guest Nights Jump in June on Eased Restrictions
The number of guest nights at commercial accommodations in Hungary rose by an annual 57.4 percent to 1,328,000 in June after pandemic-related restrictions were eased, data released by the Central...
