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Some 6,000 passenger elevators in Hungary should be replaced for maintenance, meaning around 20% of all such machinery in use in Hungary, business daily Világgazdaság reported on Wednesday, citing data from the Hungarian Lift Association (MFSz).
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Output of Hungary’s construction sector climbed an annual 20.3% in June, the Central Statistical Office (KSH) said.
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Hungaryʼs Competition Office (GVH) has cleared the acquisition of a number of shopping malls owned by Franceʼs Klépierre group by the Hungarian-American Indotek Group, a resolution posted on the GVH website shows, state news agency MTI reported.
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Although home prices in Hungary have risen at the fastest clip in Europe, it still takes Hungarians only a little more than seven yearsʼ salary to buy a new home of 70 square meters, the European Property Index 2019 survey by consultancy Deloitte shows.
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Rents in Budapest’s outer districts are catching up with those in the more central districts, according to Balla Real Estate.
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The land behind Budapest’s Nyugati train station is to be the site of a permanent circus, as outlined in a proposal put forward by Human Resources Minister Miklós Kásler.
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