Business

July 26, 2019 09:08

Hungary publishes details of unique tax exemption

Mothers of four or more are exempt from personal income tax as of January.

July 26, 2019 09:08

Hungary OTP closes Moldovan acquisition

96.69% of Mobiasbanca is now owned by OTP.

July 25, 2019 16:49

Formlabs to build HUF 2 bn development centre in Hungary

The U.S. 3D printer manufacturer will create 100 R&D jobs with high added value.

July 25, 2019 14:49

Hungary's OTP completes Montenegrin acquisition

Merger with existing unit to be completed by H2 2020.

July 25, 2019 12:00

Hungarian leasing market worth more than HUF 2 bn a day in H1

The total amount financed was 14% higher than a year earlier.

July 25, 2019 10:56

Hungary Wizz Air posts record Q2 profit

Revenue rose 25% year on year.

July 25, 2019 09:50

Richter, Hikma sign exclusive license agreement for Cariprazine

Hikma will supply the antipsychotic drug in the MENA region.

July 25, 2019 09:16

Hungary's 4iG, T-Systems win HUF 11 bn contract

This time it's for public transport systems.

July 25, 2019 08:44

Survival rate of Hungarian businesses declines

Only 72% of new companies make it to five years.

July 24, 2019 13:07

South Korea's Bumchun to build first foreign plant in Hungary

Car industry companies continue to flock to Hungary.

July 24, 2019 12:36

Audi to begin production of new SUV in Győr

The Q3 Sportback is expected to reverse falling production volumes.

July 24, 2019 09:55

Duna House takes out HUF 1.5 bn loan, announces dividend

The loan from Raiffesisen will refinance previous loans and investments.

July 23, 2019 13:04

Audi to spend HUF 41 bn on Hungarian plant upgrades

Production and development will both be expanded.

July 23, 2019 12:30

Construction of HUF 31 bn copper foil plant begins in Hungary

Foreign Minister attends slab party to talk about HUF 4.7 bn gov't grant.

July 23, 2019 09:05

Microsoft Hungary to pay $8.75 mn fine

Deals with Hungarian gov't were found shady by U.S. DoJ, SEC.

July 23, 2019 08:10

4iG wins HUF 900 mn MÁV contract

July 18, 2019 15:02

Hungary's mobile network among fastest globally

Opensignal survey ranks Hungary second in latency and video experience.

July 18, 2019 13:01

Vodafone, UPC Hungary merger to go ahead

European Commission approves Liberty Global acquisition.