• 05 Jun 2024

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Jobless Rate in Hungary Down to 4.4% in March

Jobless Rate in Hungary Down to 4.4% in March

Hungary’s jobless rate was 4.4% in March, down from 4.6% in February, the Central Statistical Office (KSH) said. The rate covers unemployment among people between the ages of 15 and 74. In absolute terms, there were 217,200 unemployed in March, 9,700 fewer than in February and 22,200 more than twelve months earlier.
MOL Awards Bosses HUF 2.5 Billion in Bonuses

MOL Awards Bosses HUF 2.5 Billion in Bonuses

MOL has given its senior executives a share package worth slightly more than Ft 2.5 billion, in line with its remuneration policy, the energy company announced on the website of the Budapest Stock Exchange.
Magyar Posta to Cut Services

Magyar Posta to Cut Services

Economy Development Minister Márton Nagy filed an amendment to the Postal Service Act that will reduce the range of services provided by Magyar Posta.
Pepsi Soft Drinks Soon to Be Bottled in Hungary

Pepsi Soft Drinks Soon to Be Bottled in Hungary

Hungarian multinational company Szentkirályi Magyarország Kft. has plans to move the bottling of Pepsi soft drinks, which is currently carried out in Austria, the Czech Republic, and Romania for the Hungarian market, to Szentkirály, Hungary, the company said in response to a request from Világgazdaság. The move could take place as early as next year.
Soaring MOL Hungary Earnings Unveiled

Soaring MOL Hungary Earnings Unveiled

Net income of Hungarian oil and gas company MOL rose 62% to 852 billion forints (EUR 2.2bn) in 2022, results published ahead of the opening bell on Friday show.
Egypt Adds More Railway Carrages to “Largest Ever Order for Hungarian Vehicles”

Egypt Adds More Railway Carrages to “Largest Ever Order for Hungarian Vehicles”

Egypt is ordering another 50 railway carriages from Hungary on top of the 1,300 ordered so far, Péter Szijjártó, the minister of foreign affairs and trade said.
Vodafone Hungary Records HUF 7.4 Billion Loss

Vodafone Hungary Records HUF 7.4 Billion Loss

Vodafone Hungary suffered a Ft 7.4 billion loss in its fiscal year ending on March 31, after being Ft 1.3 billion in the red in the previous year, the subsidiary of the UK telecom company reported.
Highlights of What Palkovics Said at Forum by American Chamber of Commerce

Highlights of What Palkovics Said at Forum by American Chamber of Commerce

Hungary’s government will continue to cultivate high-level cooperation with economic players, the minister of technology and industry told a business forum of the American Chamber of Commerce in Hungary (AmCham).
World’s First Car Plant Operating Solely from Renewable Energy Soon Running in Hungary

World’s First Car Plant Operating Solely from Renewable Energy Soon Running in Hungary

The world’s first car plant to operate solely from renewable energy will soon be up and running in Debrecen.
Jobless Rate in Hungary Down to 4.4% in March

Jobless Rate in Hungary Down to 4.4% in March

Hungary’s jobless rate was 4.4% in March, down from 4.6% in February, the Central Statistical Office (KSH) said. The rate covers unemployment among people between the ages of 15 and 74. In absolute terms, there were 217,200 unemployed in March, 9,700 fewer than in February and 22,200 more than twelve months earlier.
MOL Awards Bosses HUF 2.5 Billion in Bonuses

MOL Awards Bosses HUF 2.5 Billion in Bonuses

MOL has given its senior executives a share package worth slightly more than Ft 2.5 billion, in line with its remuneration policy, the energy company announced on the website of the Budapest Stock Exchange.
Magyar Posta to Cut Services

Magyar Posta to Cut Services

Economy Development Minister Márton Nagy filed an amendment to the Postal Service Act that will reduce the range of services provided by Magyar Posta.
Pepsi Soft Drinks Soon to Be Bottled in Hungary

Pepsi Soft Drinks Soon to Be Bottled in Hungary

Hungarian multinational company Szentkirályi Magyarország Kft. has plans to move the bottling of Pepsi soft drinks, which is currently carried out in Austria, the Czech Republic, and Romania for the Hungarian market, to Szentkirály, Hungary, the company said in response to a request from Világgazdaság. The move could take place as early as next year.
Soaring MOL Hungary Earnings Unveiled

Soaring MOL Hungary Earnings Unveiled

Net income of Hungarian oil and gas company MOL rose 62% to 852 billion forints (EUR 2.2bn) in 2022, results published ahead of the opening bell on Friday show.
Egypt Adds More Railway Carrages to “Largest Ever Order for Hungarian Vehicles”

Egypt Adds More Railway Carrages to “Largest Ever Order for Hungarian Vehicles”

Egypt is ordering another 50 railway carriages from Hungary on top of the 1,300 ordered so far, Péter Szijjártó, the minister of foreign affairs and trade said.
Vodafone Hungary Records HUF 7.4 Billion Loss

Vodafone Hungary Records HUF 7.4 Billion Loss

Vodafone Hungary suffered a Ft 7.4 billion loss in its fiscal year ending on March 31, after being Ft 1.3 billion in the red in the previous year, the subsidiary of the UK telecom company reported.
Highlights of What Palkovics Said at Forum by American Chamber of Commerce

Highlights of What Palkovics Said at Forum by American Chamber of Commerce

Hungary’s government will continue to cultivate high-level cooperation with economic players, the minister of technology and industry told a business forum of the American Chamber of Commerce in Hungary (AmCham).
World’s First Car Plant Operating Solely from Renewable Energy Soon Running in Hungary

World’s First Car Plant Operating Solely from Renewable Energy Soon Running in Hungary

The world’s first car plant to operate solely from renewable energy will soon be up and running in Debrecen.