The lockdown to contain the spread of the novel coronavirus caused double-digit declines in Hungary’s exports and imports in April, a second reading of data released by the Central Statistical Office (KSH) shows. More >>
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Switzerland's Sensirion To Set Up Plant In Hungary
- 30 Jun 2020 8:06 AM
Swiss sensor maker Sensirion announced plans to establish a production base in Debrecen, in eastern Hungary. The plant, being built and financed by a local “build-to-suit” partner, will meet growing demand for sensors.
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Remote Work Did Not Decrease Efficiency Of Businesses In Hungary, Research Says
- 26 Jun 2020 10:17 AM
Having to work from home during the lockdown months did not have a negative effect on the efficiency of businesses in Hungary, according to research by EY and HR Fest.
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Official: June's Jobless Data In Hungary Indicates Turnaround On Labour Market
- 24 Jun 2020 10:52 AM
The number of registered jobseekers in Hungary fell in the week of June 15, the first time a drop was registered since measures to contain the coronavirus epidemic were introduced, a Ministry of Innovation and Technology (ITM) official said, adding that this indicated a turnaround on the labour market.
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Lime E-Scooters Face Liquidation
- 24 Jun 2020 10:23 AM
The tax authority NAV has turned to a court demanding the liquidation of Lime Technology, the Hungarian subsidiary of the international electric roller chain, due to unpaid taxes, investigative website G7 reports.
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Lockdown Increased DIY, As Shown By Praktiker Hungary's 18% Revenue Growth
- 23 Jun 2020 9:24 AM
Praktiker’s revenues expanded by 18% last year, to Ft 67.9 billion from Ft 57.1 billion in 2018, the DIY chain announced on Monday.
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Hungarian Business Chamber Recommends Crackdown On Small Business Tax Abusers
- 18 Jun 2020 7:34 AM
The Hungarian Chamber of Industry and Commerce (MKIK) is recommending a number of measures to put a squeeze on unscrupulous companies that are abusing the Itemised Tax for Small Businesses (KATA), daily Magyar Nemzet said.
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