Industrial producer prices rose by 37.0% on average in November 2022 compared to one year earlier. Domestic output prices were 63.7% and non-domestic output prices 23.4% higher, the Central Statistical Office reports. The faster growth in domestic output prices was due to the proportion of the energy industry, where a significant price increase occurred, being […]
AR-Robotics Ltd., situated in the western industrial park of Debrecen, is developing its technologies, competences and service quality with about HUF 677 million in support from the European Union, the company's press officer said in a statement. Balázs Farcádi said that the purpose of the investment realized from the received support is for the company […]
The confidence index showing the one-year expectations of Hungarian micro, small and medium-sized enterprises remained in the negative range in the last quarter, but the indicator improved by the end of the year, dropping from minus 14 in the previous quarter to minus seven points, K&H group highlighted in its announcement. According to the financial […]
Garbage collection dams are being installed on several Romanian rivers along the Romanian-Hungarian border to prevent waste floating in the water from crossing into Hungary. Sándor Pásztor, head of the water management directorate of Bihor County in Transylvania, Romania told the Romanian news agency Agerpres that the hydro-technical devices are being installed in the county's […]
From now on, Erste Bank customers do not have to leave their four-legged pets at home when they go to the branch of the financial institution to do business. For the time being, dogs are expected in six branches, and Erste will decide on the dog-friendly concept based on the experience of a two-month trial […]
The 2019 Septimus Rajnai Rizling of Pannonhalmi Cseri Winery and the 2019 GT 50 Cuvée of Tamás Günzer Winery of Villány won the 2022 Hungarian Wine Grand Prix, awarded by the Hungarian Wine Writers' Circle (MBK), in the white wine category and the red wine category, respectively. In 2022, MBK evaluated for the seventh time […]
The 100% Hungarian-owned Future FM Facility Management Corporation provides full-ranging facility management services all over the country. Since 1991, their scope of activity has gradually increased in accordance with the changing demand of the market and their customers. As the CEO of the company, Zoltán Mikó explains to Diplomacy&Trade, the facility management market itself is […]
The number of firms continued to grow slightly in 2022, despite the fact that the number of firms that ceased to exist increased by approximately 50% compared to the previous year, the company information service OPTEN told the state news agency MTI on Tuesday. Opten's Company Fluctuation Index (CFI) – which compares the number of […]
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 […]
