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Hungarian Central Bank Points to 'Strong' Influence of War on Economic Activity in Inflation Report

Hungarian Central Bank Points to 'Strong' Influence of War on Economic Activity in Inflation Report

The National Bank of Hungary (NBH) acknowledged the country’s “dynamic” economic growth early in the year, following a record expansion in 2021, but said economic activity in the coming quarters will be “strongly influenced” by the war in Ukraine in its quarterly Inflation Report released on Thursday.
Xploring Budapest: Lesser Known Statues, Not in Tourist Brochures - Photos

Xploring Budapest: Lesser Known Statues, Not in Tourist Brochures - Photos

While the Liberty Statue and Little Princess appear on thousands of blogs and Instagram feeds every year, not all of the city’s statues are so familiar. Daniel Cochran from @statuesofbudapest takes a look at the sculptures that didn’t make it into the tourist brochures.
Bocuse d’Or Europe @ Sirha Budapest, Hungexpo, 22 – 24 March

Bocuse d’Or Europe @ Sirha Budapest, Hungexpo, 22 – 24 March

  • 21 Mar 2022 6:06 AM
  • food & drink
Sirha Budapest, the most significant international HoReCa and Retail Show of the CEE region will await the professionals on 22-24 March 2022 for the fifth time at HUNGEXPO Budapest Congress and Exhibition Center!
Tranzit-Food Plans to Spend HUF 6.5 Billion on Developments in Hungary

Tranzit-Food Plans to Spend HUF 6.5 Billion on Developments in Hungary

Poultry company Tranzit-Food plans to spend 6.5 billion forints (EUR 17.5m) on developments, creating 166 jobs, Péter Szijjártó, the minister of foreign affairs and trade, said on Friday.
Trade Balance Shows Deficit for Seventh Month in Hungary

Trade Balance Shows Deficit for Seventh Month in Hungary

Hungary’s trade balance showed a deficit for the seventh month in a row in January, a first reading of data released by the Central Statistical Office (KSH) on Friday shows.
New Bridge Between Hungary & Slovakia to Be Build this Year

New Bridge Between Hungary & Slovakia to Be Build this Year

Hungary and Slovakia will complete a new bridge across the River Ipoly before the end of next year, linking Őrhalom in Hungary and Vrbovka (Ipolyvarbo) on the Slovak side, the minister of foreign affairs and trade said on Friday.
Colling Accounting Insight: Hungarian Bank Account Contract Can Be Terminated Without Justification

Colling Accounting Insight: Hungarian Bank Account Contract Can Be Terminated Without Justification

  • 11 Mar 2022 1:55 PM
  • specials
All business leaders will have noticed that since the end of last year, banks have been paying close attention to the due diligence of business ownership, updating actual ownership declarations.
Schott Hungary Plans HUF 28 Billion Expansion

Schott Hungary Plans HUF 28 Billion Expansion

The Hungarian unit of German company Schott, which makes specialty glass products, plans to spend 28 billion forints to expand its base in Lukácsháza, in south-western Hungary, creating 120 jobs, Péter Szijjártó, the minister of foreign affairs and trade, announced.
British Businesses are 6th Largest Investor in Hungary, More Services Being Offered

British Businesses are 6th Largest Investor in Hungary, More Services Being Offered

Hungary will elevate its foreign mission in Edinburgh to a consulate general and move its consulate in London to a new building, Foreign Minister Péter Szijjártó said in the British capital on Tuesday.
Hungarian Central Bank Points to 'Strong' Influence of War on Economic Activity in Inflation Report

Hungarian Central Bank Points to 'Strong' Influence of War on Economic Activity in Inflation Report

The National Bank of Hungary (NBH) acknowledged the country’s “dynamic” economic growth early in the year, following a record expansion in 2021, but said economic activity in the coming quarters will be “strongly influenced” by the war in Ukraine in its quarterly Inflation Report released on Thursday.
Xploring Budapest: Lesser Known Statues, Not in Tourist Brochures - Photos

Xploring Budapest: Lesser Known Statues, Not in Tourist Brochures - Photos

While the Liberty Statue and Little Princess appear on thousands of blogs and Instagram feeds every year, not all of the city’s statues are so familiar. Daniel Cochran from @statuesofbudapest takes a look at the sculptures that didn’t make it into the tourist brochures.
Bocuse d’Or Europe @ Sirha Budapest, Hungexpo, 22 – 24 March

Bocuse d’Or Europe @ Sirha Budapest, Hungexpo, 22 – 24 March

  • 21 Mar 2022 6:06 AM
  • food & drink
Sirha Budapest, the most significant international HoReCa and Retail Show of the CEE region will await the professionals on 22-24 March 2022 for the fifth time at HUNGEXPO Budapest Congress and Exhibition Center!
Tranzit-Food Plans to Spend HUF 6.5 Billion on Developments in Hungary

Tranzit-Food Plans to Spend HUF 6.5 Billion on Developments in Hungary

Poultry company Tranzit-Food plans to spend 6.5 billion forints (EUR 17.5m) on developments, creating 166 jobs, Péter Szijjártó, the minister of foreign affairs and trade, said on Friday.
Trade Balance Shows Deficit for Seventh Month in Hungary

Trade Balance Shows Deficit for Seventh Month in Hungary

Hungary’s trade balance showed a deficit for the seventh month in a row in January, a first reading of data released by the Central Statistical Office (KSH) on Friday shows.
New Bridge Between Hungary & Slovakia to Be Build this Year

New Bridge Between Hungary & Slovakia to Be Build this Year

Hungary and Slovakia will complete a new bridge across the River Ipoly before the end of next year, linking Őrhalom in Hungary and Vrbovka (Ipolyvarbo) on the Slovak side, the minister of foreign affairs and trade said on Friday.
Colling Accounting Insight: Hungarian Bank Account Contract Can Be Terminated Without Justification

Colling Accounting Insight: Hungarian Bank Account Contract Can Be Terminated Without Justification

  • 11 Mar 2022 1:55 PM
  • specials
All business leaders will have noticed that since the end of last year, banks have been paying close attention to the due diligence of business ownership, updating actual ownership declarations.
Schott Hungary Plans HUF 28 Billion Expansion

Schott Hungary Plans HUF 28 Billion Expansion

The Hungarian unit of German company Schott, which makes specialty glass products, plans to spend 28 billion forints to expand its base in Lukácsháza, in south-western Hungary, creating 120 jobs, Péter Szijjártó, the minister of foreign affairs and trade, announced.
British Businesses are 6th Largest Investor in Hungary, More Services Being Offered

British Businesses are 6th Largest Investor in Hungary, More Services Being Offered

Hungary will elevate its foreign mission in Edinburgh to a consulate general and move its consulate in London to a new building, Foreign Minister Péter Szijjártó said in the British capital on Tuesday.