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MAGYAR KERESKEDELMI ÉS IPARKAMARA
LATEST NEWS
AND FORTHCOMING EVENTS
LATEST NEWS
ALL NEWS
Monthly Bulletin of Economic Trends - November-December 2020
Insitute for Economic and Enterprise Research
Covid-19 Antibody Drug to Arrive in Hungary Today
27 January, 2021
Half of Hungarians Seek Greater Job Security Post-Pandemic
27 January, 2021
US Autmotive Companies to Invest EUR 33.5m in Hungary
27 January, 2021
Central Bank Keeps Base Rate on Hold at 0.60%
27 January, 2021
Industry out of Deep Water, but Investments Still Lag
27 January, 2021
Orbán Cabinet: Restaurants to Reopen Only Once Mass Vaccinations Under Way
26 January, 2021
Hungarian-Developed COVID-19 Drug Shows Promise After Tests
26 January, 2021
Avg Used Car Price in Hungary Climbs 25% in 2020
26 January, 2021
Deal Reached to Hike Minimum Wage 4%
26 January, 2021
Central Bank Releases Guidelines for Classification of Loans Under Moratorium
26 January, 2021
Not Even the COVID-19 Pandemic Could Stop the Hungarian Film Industry
25 January, 2021
Business Confidence Improves in January - GKI
25 January, 2021
Hungary Budget Deficit Swells to Around 9% of GDP in 2020
25 January, 2021
Tenfold Increase in Chinese Rail Freight Traffic at Záhony
25 January, 2021
Global Chamber Platform Highlights Key Recommendations for Italian B20
22 January, 2021
Six Transport Links To Be Opened Between Slovakia, Hungary by 2023
22 January, 2021
Rail Cargo Hungaria Acquires TS Hungaria
22 January, 2021
Nagy: Economic Growth 'Could Reach 6%' in 2021
21 January, 2021
Minimum Wage Could Rise by 4% from February
21 January, 2021
Hungarian Vehicle Makers Hit By Supply Chain Shortage
21 January, 2021
Budapest Airport Preparing For Virus Passport
20 January, 2021
A-Híd Wins Tender to Renovate Historic Chain Bridge
20 January, 2021
EUR 167 Mln Spent by Budapest Airport on Development Projects in the Last 2 Years
20 January, 2021
Gov't Announces HUF 10.4 Bln Tender for Construction Company Upgrades
19 January, 2021
German Firms to Invest EUR 11.1M Hungary
19 January, 2021
Regional Pay Gap Remains Wide
19 January, 2021
KSH: Guest Nights Fall 85.0% in November
18 January, 2021
42% of Businesses Expect Higher Sales in 2021
18 January, 2021
Below-25s Won’t Pay Income Tax in Hungary From January 2022
18 January, 2021
Government Grants HUF 50 Billion to Support Hungarian Health Sector
15 January, 2021
Hungary's Economic Contraction 2 pp Below Eurozone Average
15 January, 2021
GE Healthcare Plans HUF 3.3 Bln Expansion at Digital Development Centers in Hungary
15 January, 2021
HUF 700 Bln in Railway Developments To Be Completed This Year
14 January, 2021
Hungary: Core Inflation at Top of Target Range
14 January, 2021
Budapest Airport Cargo Ends 2020 With Record Quarter
14 January, 2021
EIB Lends Hungary’s Eximbank EUR 200 Million to Support Recovery
14 January, 2021
Plastic Packaging Waste Recycling Rate Below EU Average
14 January, 2021
Heineken Hungária Awarded Govt Grant for HUF 540 mln Upgrade
13 January, 2021
Japanese Companies in 18 Million Euros of Hungary Investments
13 January, 2021
Consumer Confidence Improves in January, GKI Says
13 January, 2021
The Largest Intermodal Railway Terminal in Europe is Being Built on the New Silk Road in Hungary
12 January, 2021
Coronavirus: Tourism May Re-Start in Summer, says Tourism Agency Head
12 January, 2021
Hungarian Government Extends Corporate Investment Support Scheme
12 January, 2021
Hungary Posts EUR 811 M Trade Surplus in November
11 January, 2021
Industrial Production Up 1.6% Year-on-Year in November
11 January, 2021
FDI in Hungary Amounted to HUF 1,676 Billion in 2020
11 January, 2021
Hungary to Renovate 1,000 km of Roads in 2021
11 January, 2021
New Global Chamber Platform Survey: Business Expects 2021 Growth to Exceed Economic Forecasts
11 January, 2021
Sangsin to Expand Hungary Base
8 January, 2021
Hungary Extends Pandemic Restrictions Until Feb 1
8 January, 2021
Hungary: Industry’s Winning Streak Ends
8 January, 2021
Retail Sales Down 0.3% in November
7 January, 2021
Rate-Setters Say Maintaining 'Favorable Financing Environment' Key to Recovery
7 January, 2021
Foreign Minister: Japanese Companies Key to Hungary Economic Growth
7 January, 2021
Ford Strengthens Market Share in Hungary in 2020
7 January, 2021
Vaccine Passports to Bring Back Hungarian Tourism?
6 January, 2021
Foreign Minister Strengthens Hungary's Ties With Bulgaria
6 January, 2021
Industrial Producer Prices Up 5.5% Year-on-Year in November
6 January, 2021
Hungary Wages Up 8.8%, Says Central Statistical Office
6 January, 2021
Hungary’s Unemployment Rises to 4.4 pc
5 January, 2021
Suzuki Market Leader in Hungary for 5th Year Running
5 January, 2021
PMI Remains Over 50-Point Threshold for 3rd Month in a Row
5 January, 2021
Consumption expenditure on alcohol above EU average
4 January, 2021
Official: Tax Cuts to Continue in 2021
4 January, 2021
EUROCHAMBRES Welcomes Brexit Trade Deal
4 January, 2021
Budapest Airport Accredited for ACI's Aviation Restart Program
31 December, 2020
Tourism Agency: Govt Support to Sector ‘Outstanding’ in European Comparison
31 December, 2020
Investment Growth, Job Creation and Cheap Credit Key to Recovery, Says Hungary’s Central Bank’s Governor
29 December, 2020
Budapest Sees Increase in Vacant Premises
29 December, 2020
What Does the Brexit Deal Mean for Hungary from an Economic Point of View?
29 December, 2020
FM Szijjártó Hails ‘Record High’ Investments in 2020
29 December, 2020
Hungary Holiday Spending Could Reach 2019 Levels
23 December, 2020
Number of Foreign Visitors to Hungary Down by 50 pc in Third Quarter
23 December, 2020
Investments by Swedish-owned Companies to Save 7,500 Jobs
23 December, 2020
Five Hungarian Healthcare Businesses Receive Government Support
17 December, 2020
ÉVOSZ: Home Renovation Subsidies Expected to Boost Invoiced Labor
17 December, 2020
Debrecen 'Focal Point' for BMW Electromobility Strategy
17 December, 2020
German Bock to Invest EUR 1.7m at Western Hungary Bases
16 December, 2020
Construction Sector Contraction Accelerates in October
16 December, 2020
Hungarian Central Bank Keeps Base Rate on Hold
16 December, 2020
Digital Services Act: Chambers cautiously optimistic about new proposed e-commerce framework
16 December, 2020
Apollo Tyres to invest EUR 12.4m at Hungary plant
15 December, 2020
Finance Minister: Global Economic Downturn More Severe This Year than in 2008
15 December, 2020
South Korea’s Iljin Materials to Build EUR 10.7 Copper Foil Plant in Hungary
15 December, 2020
EUROCHAMBRES Launches 10 Key Recommendations to Successfully Implement the European Green Deal
14 December, 2020
Hungary's Vehicle Exports Propel Industrial Output Over Pre-Crisis Level
14 December, 2020
Mercedes Invests EUR 141m to Make Fully-EV Cars in Hungary
14 December, 2020
Liszt Ferenc Airport Passenger Numbers at All-Time Low
14 December, 2020
Finance Ministry Raises Budget Deficit Estimates while EU Comes to the Rescue
11 December, 2020
GVH Drops Fine as Spar Commits HUF 1.7 bln to Helping Small Suppliers
11 December, 2020
Budapest Airport Delivers Record Cargo Traffic in November
11 December, 2020
Huawei Contributed HUF 200 bln to Hungarian GDP Last Year
10 December, 2020
Employers Pushing for Delaying Increase to Minimum Wage
10 December, 2020
Coca-Cola Completes HUF 300 mln Mineral Water Production Investment
10 December, 2020
Magyar Telekom, Budapest Tech University, Ericsson Sign Deal on 5G R&D
10 December, 2020
EUROCHAMBRES Calls on Leaders to ‘Mind the Gap’ Between Crisis and Recovery
9 December, 2020
Hungary: Second Covid Wave Puts Another Hole in the Budget
9 December, 2020
Trade Surplus at EUR 896 mln in October
9 December, 2020
Gov’t Extends Support for Tourism, Catering Companies until end-January
9 December, 2020
Hungarian Inflation Remains on a Downward Slope
8 December, 2020
Brexit Won’t Have Big Impact on Hungary
8 December, 2020
Serial Production of Audi Q3 Plug-in Hybrid Starts in Hungary
8 December, 2020
Schott Adds Ampule Capacity in Hungary for COVID-19 Vaccine
7 December, 2020
The Capital Markets Union is Crucial for Europe’s Recovery
7 December, 2020
Coronavirus: European Investment Bank Supports Health-Care Sector with EUR 162.5 Million Loan
7 December, 2020
MÉASZ Expects Building Material Boom in 2021
7 December, 2020
Magnus Aircraft Fusion 212 Family Certified to Fly in Africa
4 December, 2020
Hungary: Industry Remains a Stronghold
4 December, 2020
EUROCHAMBRES Cautions Against Disproportionate Burdens on SMEs
4 December, 2020
Retail Sales Down 1.9% Year-on-Year
3 December, 2020
Orbán Discusses Paks Upgrade With Rosatom Director-General
3 December, 2020
Insurersʼ Premiums Revenue Rises 4% in Q1-Q3
3 December, 2020
Hungarian Government Against Barriers to Fair Tax Competition
2 December, 2020
Hungary: GDP Data Shows Incomplete Recovery
2 December, 2020
FM Szijjártó: Hungary Made Progress in Energy Diversification
2 December, 2020
Hungarian Wages Are Still Rising
1 December, 2020
Hungarian Products To Be Protected On Chinese Market
1 December, 2020
IBM to Invest HUF 3.5 Billion in IT Center Development
1 December, 2020
PMI Edges Up to 51.9 in November
1 December, 2020
Industry Picks Up, Inflation on Target
30 November, 2020
Coronavirus: Govt to Provide HUF 61 Bn in Business Development Subsidies
30 November, 2020
Unemployment Rate at 4.3% in August-October
30 November, 2020
350 Companies Apply for Investment Support after Scheme Relaunch
30 November, 2020
Post-Pandemic Growth Could Boost Hungary Development, Says US Consultancy Firm McKinsey
27 November, 2020
Investment Volume Falls by 12% in Q3
27 November, 2020
Hungary-China Economic Ties Progressing Despite Pandemic, Says Foreign Minister
27 November, 2020
MNB Drafts Recommendations on Environmental Governance for Banks
26 November, 2020
Hungarian Employers Want to Freeze the Minimum Wage
26 November, 2020
Government to Develop Tokaj-Hegyalja Region with HUF 150 bn
26 November, 2020
FM Szijjártó: Croatia LNG Terminal Launch Key Step Forward in Hungary Gas Supply
25 November, 2020
Chocolate Santas in Marzipan Masks - a Coronavirus Christmas in Hungary
25 November, 2020
New Rules on Collective Redress Welcome, But Are a Mixed Bag
25 November, 2020
Diligent Announces New Center for Global Product Innovation in Budapest
24 November, 2020
New Government Measures Will Make Managing Financial Matters Easier and Cheaper
24 November, 2020
Will Covid Steal Christmas Shopping?
24 November, 2020
Chambers Declare Support For Conscious Business Culture Initiative
24 November, 2020
Rosatom's €12.5bn Nuclear Plant Expansion in Hungary Moves Forward
23 November, 2020
Hungary Among Top Wine Producers in EU
23 November, 2020
Finance Minister: German Firms See 2021 as Hungary’s Strong Growth Year
23 November, 2020
GKI Confidence Index Falls as Business Sentiment Sours
23 November, 2020
How Much Do Electricity Bills Cost in Each European Country? – Hungary Take a Great Position
20 November, 2020
Visegrad Group Could Power Ahead With Green Policies
20 November, 2020
Corvinus Named 2nd Best Business Uni in Eastern Europe
20 November, 2020
Brussels Budget Standoff: Can Hungary Withstand an Economic Crunch?
19 November, 2020
Government to Double Investment Support Scheme for Large Companies
19 November, 2020
Hungarian State Buys an International Airport and Develops Three Others
19 November, 2020
Policymakers Keep Base Rate on Hold
18 November, 2020
Pandemic Spending Lifts Public Dept to 73.8 Percent of GDP
18 November, 2020
US Has Become Hungary’s Number-One Export Partner Outside the EU – USHBC
18 November, 2020
Lawmakers Approve Tax Changes
17 November, 2020
New Funding Available Under Hungary-China Joint R and D Initiative
17 November, 2020
Cisco Expands Cloud-Based Services With Acquisition of High-Flying Budapest-Based Startup
17 November, 2020
MNB: Productivity gap narrows between SME and larger companies
16 November, 2020
Consumer Confidence Edges Up in Nov - GKI
16 November, 2020
Automotive Sector Accelerates in September
16 November, 2020
Turkish Cargo to Make Budapest Airport its Eastern European Hub
13 November, 2020
Govʼt to Cut VAT Rate on Take-Out to 5%
13 November, 2020
Hospitality Industry in Trouble: Will the Government’s Financial Aid be Enough?
13 November, 2020
Hungary: Off the Chart GDP Growth Gives False Hope
13 November, 2020
A Hungarian Touch to the Pfizer and Biontech Coronavirus Vaccine
12 November, 2020
Construction Output Volume Down 14.7% y.o.y. in September
12 November, 2020
Implementation of EU Trade Agreements Must Become Top Priority
12 November, 2020
The UK Plans to Strengthen Ties With Hungary Following Brexit
11 November, 2020
CPI Up 3% y.o.y. in October
11 November, 2020
Chinese Semcorp Announces EUR 180 Million Investment in Debrecen
11 November, 2020
Hungarian Budget Deficit Expands Further
11 November, 2020
European Businesses Forecast Very Challenging 2021 in Major New Survey
11 November, 2020
Hungary: Industry’s Output Remains Close to Last Year’s Level
9 November, 2020
Number of Tourism Nights Down 59% y.o.y. in September
9 November, 2020
Hungary to Go Into Lockdown to Contain Pandemic
9 November, 2020
Govʼt Support Could Boost Home Construction Market 20%
6 November, 2020
Hungary Exports and Industrial Output up in September
6 November, 2020
EC Sees Hungaryʼs Economy Contracting 6.4% in 2020
6 November, 2020
Home Loan Outlays Reach HUF 91.4 bln in September
4 November, 2020
Hungarian Government Reintroduces COVID-19 "Special Legal Order"
4 November, 2020
New Tourism and Marketing Organisation for Budapest Has Been Established
4 November, 2020
Coronavirus – Hungary in Vaccine Talks With China, Russia, Israel
3 November, 2020
Industry Shows Vital Signs but Overall Outlook Worsens
3 November, 2020
HelloParks to Build One of Hungaryʼs Largest Industrial Parks in Fót
3 November, 2020
South Korean Doosan to More than Double Copper Foil Capacity in Hungary
2 November, 2020
Industrial Producer Prices Up 5.2% y.o.y. in September
2 November, 2020
Wage Growth Slows to 9.1% in August
2 November, 2020
Record Bond Issuance and New Markets at EXIM Hungary
30 October, 2020
László Parragh Re-Elected Business Chamber Head
30 October, 2020
Automotive Industry Companies Operating at Close to Full Capacity
29 October, 2020
Number of Unemployed Rose in September
29 October, 2020
National Employment Service: Number of Jobseekers Falls Close to 300,000
28 October, 2020
FinMin Estimates 6.4% Fall in GDP for 2020
28 October, 2020
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