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Mobile phone users in Hungary

5.3 million Smartphone Users in Hungary

Sep 11, 2019

The number of smartphone users in Hungary is 5.3 million, which equals 89% of all internet users in the country. The number of people using a mobile internet connection has increased by 1.7 million to almost 4.5 million between 2017 and May 2019. The major role that smartphones play in our lives is proven by […]

Domestic Investments Grow Unabated

Aug 29, 2019

Investments in the Hungarian economy surged by 18.8% in the second quarter of 2019 from a year earlier, driven by the private sector, according to data from the Central Statistical Office. The figure represents a 4.1% increase versus the first quarter. Dynamic growth rates were recorded in 15 out of 19 sectors. A 31% increase […]

Construction site in Budapest

Construction Output Volume Increases in Hungary

Aug 16, 2019

The volume of construction output, based on raw data, was 20.3% higher in June 2019 than a year earlier, Hungary's Central Statistical Office reports. The volume of output increased in both main groups of construction: in the construction of buildings by 23.5%, in civil engineering works by 16.5%. Based on seasonally and working day adjusted […]

Grocery store

Hungarian Retail Sales Rise in June

Aug 2, 2019

In June, the volume of sales in retail shops increased by 4.3%, according to raw data and by 5.2% when adjusted for calendar effects compared to the same period of the previous year, according to a report published by the Hungarian Central Statistical Office. The volume of sales, adjusted for calendar effects, rose by 2.1% […]

Kosice - Slovakia

Košice Welcomes Ice Hockey Fans

Jun 19, 2019

The Eastern Slovakian city of Košice was one of the venues of the World Ice Hockey Championships this May, hosting a multitude of visitors. Following the event, Mayor Jaroslav Polaček thanked the organizing committee and other partners for their work in welcoming approximately 250,000 visitors to the city – many of them from within the […]

The manufacture of communication equipment increased outstandingly by 44% |

Annual industrial production up by 4.2pc in Hungary

Aug 13, 2018

In June 2018, the volume of industrial output grew by 4.2% year-on-year, the Hungarian Central statistical Office (KSH) reports. Based on working-day adjusted data, the production rose by 3.1%. On the previous month, industrial output was down by 1.2%.

HUF bills and coins | Sándor Laczkó

Hungarian forint hits all time low

Jun 27, 2018

The Hungarian currency, the forint began Wednesday trading at 326 units to one euro. Then, a morning waning wave had flown it to 327.3, before another fall early evening resulted in the common European currency being worth HUF 328 – an all-time low.

Ecuadorian export products | Embassy of Ecuador

PRO ECUADOR opens representation office in Budapest

Jun 15, 2018

The trade development and investment promotion agency PRO ECUADOR has opened a representative office in Budapest with the aim of promoting Ecuadorian exportable supply and investment climate on the Hungarian other Central Europe markets.

DUIHK 2018 General Assembly | Csaba Pelsõczy

German Chamber board elections and awards

Jun 1, 2018

At the General Assembly of 2018 of the German-Hungarian Chamber of Industry and Commerce (DUIHK), four new members were elected to their board of directors. Also, 20 companies were awarded the 'Reliable Employer' rating for the third time.


Industrial producer prices rise by 3.5 per cent

May 3, 2018

Industrial producer prices as a whole were 3.5% higher in March 2018 than in the same period of the previous year, the Hungarian Central Statistical Office reported this Thursday. Industrial domestic output prices rose by 3.3%.

Production line at the Mercedes plant in Kecskemét |

Hungary's most attractive employers

Apr 16, 2018

This is the fifth year Randstad Hungary rewarded the most attractive employers in Hungary. Mercedes Benz landed on the top of the list and previous consecutive victories earned Audi Hungária a place in the 'Randstad Employer Brand Hall of Fame'.

Bence Katona of Hiventures | Enterprise Hungary

Startup Campus V4 Global Tour stops in Berlin

Apr 16, 2018

The Startup Campus V4 Global Tour reached its second destination, the German capital, this April as participating startups attended and exhibited at Startup Camp Berlin 2018 and introduced themselves to the representatives of the German economy.

Balatonfüred marina | Sándor Laczkó

Nine percent increase in tourism nights

Apr 10, 2018

In February 2018, the number of nights spent by international tourists increased by 7.4% and that of nights spent by domestic tourists by 11% compared to a year earlier. Total gross revenues grew by 12% at current prices in accommodation establishments.

GE Supplier’s Forum | HIPA

GE Supplier’s Forum

Mar 20, 2018

GE Hungary keeps on seeking Hungarian companies which could successfully join its supplier's chain. For this purpose, more than 70 SMEs presented themselves to GE representatives at the GE Supplier's Forum in Budapest.

Renewed 1

Upgraded Hungarian banknote

Feb 28, 2018

Upgraded 1,000-forint banknote denominations can appear in cash payments in Hungary from March 1, 2018. In addition to their renewed appearance, the banknotes have been brought up-to-date with regards their security features.

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