The agricultural sector is receptive to innovation and digital development, but farmers tend to be cautious in their use of these technologies, according to K&H Bank's innovation-based agricultural research told. In the research the results of which were sent to the state news agency MTI on Tuesday, the decision-makers responsible for innovation issues of 360 […]
According to preliminary data, the deficit of the general government sector in the 1st–3rd quarters of 2022 was HUF 1,825 billion, 3.7% of GDP, the country's Central Statistical Office reports. The balance improved by HUF 366 billion, or by 1.7 percentage points as a proportion of GDP compared to the same period of the previous […]
4,820 people entered Hungary crossing the Ukrainian-Hungarian border this Wednesday, while 9,272 of those entering at the Romanian-Hungarian border crossing declared that they had arrived from Ukraine, the National Police Headquarters (ORFK) informed the state news agency MTI on Tuesday. Of those who entered, police issued 176 people with temporary residence permits valid for 30 […]
In 2022, 111,524 new passenger vehicles were registered in Hungary, 8.5% fewer than in 2021, the Hungarian Association of Motor Vehicle Importers (MGE) told the state news agency MTI on Monday. They pointed out that there was a significant decline in the market of small commercial vehicles, where 23.2% fewer than the previous year, 17,652 […]
Market players expect 90-120,000 fewer residential property sales in 2023 than last year, with the outlook mainly determined by lending rates, changes in utility bills and remaining state subsidies. As the property agency Duna House told the state news agency MTI on Monday, it estimates that 6,474 sales were made on the real estate market […]
Suzuki achieved a 12.43% share of the total number of 13,859 passenger cars registered in Hungary in 2022, with the brand leading the domestic new car sales for the seventh year in a row, thanks mainly to its two domestic models, the Vitara and the S-CROSS, Magyar Suzuki Plc. said on Monday, according to Datahouse […]
Celebrating its 20th anniversary in 2023, Dome Facility Services Group has been providing comprehensive, integrated facility management (FM) services to the Hungarian real estate market while adhering to its proven values. Characterizing the domestic FM market and Dome’s role in it, Gábor Décsi MRICS, Managing Partner at Dome Group, highlights to Diplomacy&Trade that “in the […]
As of 00.00 hours this Sunday, Croatia is a member of the Schengen area, which means that travelers will be able to use Croatian-Hungarian border crossings without stopping and without checks, the Croatian Minister of Foreign and European Affairs announced at a ceremony at the Letenye-Muracsány (in Croatian: Gorican) border crossing Saturday night. In his […]
"We are a strong, fighting, crisis-resistant nation," the President of the Republic, Katalin Novák said in her New Year's speech. The speech, which has become a tradition every year, is delivered by the Head of State of Hungary, and so it was the first time that Katalin Novák, who took office in 2022, addressed the […]
The Budapest Stock Exchange (BSE) share index, the BUX, closed the year at 43,793.76 points on Friday, down 13.6% year-on-year to 6,926.95 points. The leading shares weakened in 2022, with the exception of Mol, with OTP suffering the biggest loss in value. On the last trading day of the year, the OTP Bank’s stock was […]
