Following an increase in the figures in January, the number of new passenger car registrations has grown in Hungary once again in annual terms in February, too, the financial website portfolio.hu quotes Datahouse data.
Following an increase in the figures in January, the number of new passenger car registrations has grown in Hungary once again in annual terms in February, too, the financial website portfolio.hu quotes Datahouse data.
Finnish electronics giant Nokia has announced the lay-off of 2,300 people from its smartphone factory in Komárom, northern Hungary. The Hungarian Ministry of National Economy and Nokia will establish a workgroup to help the laid off workers.
Based on the Board of Directors’ decision, Hungary’s national airline ceased its operation to minimize its losses. According to the company's statement, after nearly 66 years of continuous operation, Malév aircrafts will not depart from 6 a.m. on February 3.
Three Hungarian companies and a consortium comprising three local enterprises have won frequency blocks in the 900 MHz frequency band in a tender for the country’s fourth mobile service provider. Winning bids total HUF 43.9 billion + VAT.
Under a government decree, Hungary’s state-owned airliner Malév is now classified as a company of key strategic importance as of 07 a.m. this Tuesday. This means the company has been taken under bankruptcy protection.
Hungary is the second safest country in the world regarding the storage of nuclear materials. That according to the Washington-based Nuclear Threat Initiative that has compiled a list after surveying hundreds of establishments all over the world.
Hungary-based real estate developer TriGránit has sold a majority stake in four of its Budapest buildings for some HUF 45 billion (EUR 148.12 m). The buyer is U.S.-based Heitman European Property that alreadyí bought Croatian assets from TriGranit.
Hungary's National Development Ministry and National Asset Management Agency (MNV) jointly announced that the the state has acquired controlling interest in the exchange-listed Hungarian automotive company Rába after a public tender.
The Business Class of Swiss Airlines has been awarded the title 'Best Business Class in Europe' at this year's World Travel Awards. Our travel expert, Tamás Varga took the Zurich-Chicago route to experience what this class has to offer.
As announced on Monday, the Hungarian unit of German carmaker Audi is to invest over HUF 2 billion (EUR 6.64 m) in a new vehicle development division in the northwestern Hungarian town of Gyõr. The new facility will create 70 jobs.
Golf is a great game: sometimes rewarding, sometimes frustrating but highly addictive. As the joke goes, “The man who takes up golf to get his mind off his work soon takes up work to get his mind off golf.”
Managing Director György Németh says Océ is actively involved in all operations related to printer equipment: from the design and manufacture through to sales and service, to providing business services with financing.
Hungaro DigiTel endeavours to create a win-win situation in customer relations, says the company's general manager, António Felizardo in a recent interview with Diplomacy and Trade in the shadow of huge satellite antennas.
The Hungarian government plans to impose a new tax on vehicle owners. The new 'accident tax’, 30% of the current compulsory vehicle liability insurance would be paid by the car owners but collected by the insurer. 'Chips tax' is to be raised.
The European Commission has found Hungary's surtax on the telecom sector in breach of EU regulations but the Hungarian government says it will not revoke the tax and is willing to defend it before the European Court of Justice if needed.
