News
28th Regime – SME Envoy Network – Companies and Business Associations Survey
The European Commission has launched a public consultation on a new EU initiative called the “28th regime,” which aims to establish an optional, harmonized legal framework, offering businesses an alternative to 27 different sets of national regulations. Through...
Construction Sector Output Down 21% in July
Construction sector output in Hungary dropped by 21% in July after a contraction of 15.7% in the previous month, the Central Statistical Office (KSH) said. Month on month, output grew by 3.5%, based...
Latest Update on Entry Restrictions in Hungary
A week has passed since the government introduced border protection measures and the country once again closed its borders to foreigners (with certain exceptions) due to the coronavirus. Since then,...
Innovation Minister Presents Artificial Intelligence Strategy
Hungary intends to harness the possibilities inherent in technological change and maximise the opportunities offered by artificial intelligence (AI), the minister of innovation and technology said...
Gov’t Expands Electric Car Subsidy Scheme After Successful First Scheme
Given the success of the 5 billion forints (EUR 14m) subsidy scheme for electric vehicle purchases, the government has decided to expand the programme, with an extra 882 million forints now...
Business Trips Now Allowed to Hungary, Tests from EU-Schengen Area Accepted
The government has decided to exempt business trips from recently introduced travel restrictions to ensure the continuity of Hungarian economy, the government information centre said on Friday. At a...
Wizzair Announces Significant Flight Reductions
Wizzair has announced that it will significantly reduce its number of flights, and from September 7th, flights will only depart to the most frequented destinations. The low-budget airline justified...
Budapest Airport Implements New Entry Rules
Budapest’s Liszt Ferenc International Airport is implementing new rules for passengers entering the country, the airport’s operator said on Tuesday. Budapest Airport told MTI that airport police are...
Coronavirus Entry Ban from September 1st: Details and Exceptions
Last week, the Hungarian government announced that the country is closing its borders to foreigners starting on September 1st, re-introducing the border protection measures in force during the first...
MÁV to Reimburse Holders of International Tickets
Hungarian railway company MÁV will reimburse the holders of international tickets who decide to forgo their travels in September due to the government’s recent coronavirus-related restrictions. In a...
