Activity on Hungary’s credit market showed a general slowdown in October, even though bank lending rates only started to rise sharply in November. Given the rather aggressive monetary tightening pursued by the National Bank of Hungary, the coming months could bring an even more accentuated slowdown in lending. Activity on the Hungarian retail credit market […]
Magyar Telekom, the leading Hungarian telecommunications service provider has announced that the Board of Directors of the Company decided to request the cancellation of admission to trading of its American Depositary Shares (ADSs) on the London Stock Exchange’s International Order Book (IOBU market segment) with effect from December 30, 2021. The company has notified the […]
In September 2021, the volume of exports became 9.1% and that of imports 0.4% smaller compared to the same period of the previous year. Compared to September 2019, the volume of external trade increased by 0.7% in exports and by 4.7% in imports. The deficit was EUR 128 million, the balance deteriorating by EUR 1.3 billion compared to a year earlier. […]
Budapest Airport has been awarded carbon neutral certification for the fourth year in a row, continuing to be one of the 362 airports in the world that operate in a responsible and environmentally friendly manner, fully offsetting the carbon emissions generated by their operations. According to a Budapest Airport press release, the airport management company […]
The entry "Soproni - Óvatos Duhaj" submitted by the brewing company Heineken and the ACG communication agency in the category 'Long-term efficiency' won this year's Platinum Award at the Hungarian round of the annaul Effie Awards for best advertising campaigns. ACG turned ten out of its 13 nominations into awards, which made it the 'Agency […]
Another 192 patients died in the past 24 hours, bringing the total number of deaths in Hungary to 34,713. 11,152 new infections have been confirmed, bringing the total number of people identified as infected in the country since the beginning of the epidemic to 1,114,260, the government information portal said. Meanwhile, the latest data from […]
