Business

Business

German automotive industry supplier ElringKlinger will build a 21 million euro plant in Kecskemét, in central Hungary, creating 700 jobs over several years, CFO...

Cinema operator Cinema City is not withdrawing from Hungary, marketing director Andrea Buda said, commenting on a report it will lose a contract to...

Hungary’s corporate tax rate will be lowered to a flat 9% next year, Prime Minister Viktor Orbán announced at a conference. The rate will apply...

János Lázár, the government office chief, said he believed there would be no need for residency bonds in the future. Lázár said debt financing had...

Ratings agency Fitch returned Hungary’s credit rating to investment grade with a stable outlook. Fitch raised Hungary’s sovereign rating to “BBB-” from “BB in a...

Hungary’s government concluded a strategic agreement with the Hungary-based regional service center of BT in order to strengthen their partnership. Foreign Minister Péter Szijjártó...

“Strong economic growth has returned” to Hungary, the OECD said in a recent report, putting GDP growth at 2.5% in 2016 and 3% in...

Retail sales in Hungary increased by 5.5% in March from the same month a year earlier, according to preliminary data released by the Central...

Hungary’s National Transport Authority (NKH) has so far issued more than 100 licenses for the commercial use of unmanned aerial vehicles, business daily Világgazdaság...

Planned reductions in the VAT rates for milk, eggs, poultry and catering will save Hungarians about 59 billion forints (EUR 190.5m) next year, farm...