The European startup market achieved records in terms of both the number and volume of investments in 2018, with the number of capital investments in Hungary growing at the fastest pace year-on-year proportionally, according to EYʼs Start-Up-Barometer. More >>
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Foreign-Owned Firms In Hungary Create More Than 50% Of Value Added
- 11 Apr 2019 11:53 AM
In 2016, foreign-controlled companies accounted for 51.4% of value added in the non-financial business economy in Hungary, the highest value in the entire European Union, according to Eurostat, the EUʼs official statistical office.
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Expat CEO Dirk Gerkens Leaves Hungarian TV2
- 5 Apr 2019 8:19 AM
Commercial television channel TV2 announced Wednesday that its CEO, Dirk Gerkens, is leaving the station by mutual agreement, according to a report by news site index.hu. Gerkens is to be replaced by Miklós Vaszily.
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Hungary’s Ad Market Continues To Grow, Albeit At Slower Pace
- 4 Apr 2019 9:26 AM
Advertising spend in Hungary reached HUF 259.69 billion last year, with online remaining the most dominant segment and outdoor registering the largest increase, the Hungarian Advertising Association (MRSz) has announced.
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Gross Wages In Hungary Up 10.6% In January
- 1 Apr 2019 6:53 AM
The average gross wage in Hungary rose by 10.6 % year on year to 343,469 forints (EUR 1,070) in January, the Central Statistical Office (KSH) said. Net wages grew at the same pace, reaching 228,407 forints.
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Hungary's Jobless Rate Falls To 3.6%
- 29 Mar 2019 8:12 AM
Hungary’s three-month rolling average jobless rate reached 3.6% in February, edging down from 3.7% in the previous month and from 3.8% twelve months earlier, the Central Statistical Office (KSH) said.
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Street Art Company Takes Murals To New Heights In Budapest
- 21 Mar 2019 7:15 AM
Street Art is practised in all kinds of dimensions in Budapest, from small stickers to huge wall paintings on previously ugly firewalls.
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