News
2020 ‘Breakthrough Year’ for Telecommuting in Hungary
The coronavirus epidemic and its impact on the Hungarian economy and society brought about a “breakthrough” in telecommuting in 2020, the State Audit Office (ÁSZ) said on Friday. Citing Central...
Sangsin to Expand Hungary Base
The Hungarian unit of Korea’s Sangsin will invest 10.5 billion forints (EUR 29.2m) to expand its base in Jászberény, east Hungary, with a 3.15 billion government grant, Minister of Foreign Affairs...
Government Spends 2,000 BN HuF on Modern Cities Scheme
The government’s Modern Cities programme, aimed at financing development projects in Hungary’s large cities outside Budapest, had used a total 2,000 billion forints (EUR 5.6bn) by the end of last...
Coronavirus: UK Planes Allowed into Hungary from Midnight
The Hungarian government has decided to lift the ban on passenger flights arriving from the United Kingdom from midnight on Tuesday, a member of the operative body responsible for handling the...
Budapest Airport Accredited for Intl Aviation Restart Programme
The Airport Council International (ACI) on Monday said that Budapest’s Liszt Ferenc International Airport has fulfilled the health-care and sanitation requirements to participate in its Business...
Exports Continue to Grow in October
Hungary’s exports edged up 0.1% year-on-year to 10.190 billion euros in October, growing for the second month in a row after contracting since the start of the pandemic, a second reading of data...
Central Bank Launches Consultation on Green Recommendations
The National Bank of Hungary (NBH) said it started public consultations on a draft of green recommendations it is making to lenders to manage environmental risks. One of the requirements in the...
A multifunctional event center in Hajdúszoboszló will be built for eight billion forints
Tourism development of HUF 8 billion will start in Hajdúszoboszló, the government will provide HUF 400 million for the preparation of the investment, the Secretary of State for Employment Policy of...
Gov’t Extends Support for Tourism, Catering Companies until end-January
The government will continue to cover half of wage costs and waive payroll taxes at companies in the hard-hit tourism and catering sectors until the end of January, Finance Minister Mihály Varga...
