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Hungary Budapest Journal

Fri, 11 Dec 2020 15:30:00 GMT
Slovakia trade surplus increases in October
Slovakiaʼs trade surplus rose to EUR 807.5 million in October from EUR 304 million in the same month last year, data from the countryʼs statistical office showed on Wednesday. 

Fri, 11 Dec 2020 13:30:00 GMT
Bulgaria retail sales decrease in October
Bulgariaʼs retail sales decreased by 5.3% year-on-year in October after falling by an annual 6.7% in the previous month, the National Statistical Institute (NSI) said on Wednesday, citing preliminary working-day adjusted data. 

Fri, 11 Dec 2020 12:40:00 GMT
Record cargo traffic at BUD Cargo City in November
Cargo traffic at Ferenc Liszt International Airport in November exceeded the quantity recorded in the same month last year by 6.3%, making the volume of goods handled during the month the highest on record in the history of the airport, according to ...

Fri, 11 Dec 2020 12:05:00 GMT
Minister proposes suspension of dedicated shopping hours for elderly
Minister for Families Katalin Novák said she would propose to Prime Minister Viktor Orban that dedicated shopping times for the elderly be suspended during the holidays, according to a report by Hungarian news agency MTI.

Fri, 11 Dec 2020 11:30:00 GMT
Albania inflation rate edges down in November
Albaniaʼs annual inflation rate fell to 1.6% in November from 2% in the previous month, data from the Tirana-based Institute of Statistics (Instat) showed on Wednesday.

Fri, 11 Dec 2020 11:10:00 GMT
Agriculture output value up 4.1% in 2020
The total value of the output of agriculture increased by 4.1% in 2020 in Hungary, according to data released by the Central Statistical Office (KSH).

Fri, 11 Dec 2020 10:35:00 GMT
GVH drops fine as Spar commits HUF 1.7 bln to helping small suppliers
Hungaryʼs competition office GVH said Thursday it canceled a procedure regarding abuse of market power against supermarket chain Spar after the latter announced it would spend HUF 1.7 billion on measures promoting small producersʼ chances to supply...

Fri, 11 Dec 2020 10:05:00 GMT
Vantage Towers Hungary to help Vodafone reach 5G, asset utilization goals
Vodafone Hungary has relocated its mobile network infrastructure to Vantage Towers in November to help achieve the telco firmʼs asset utilization and sustainability goals, and assist the expansion of 5G networks in the country.

Fri, 11 Dec 2020 10:00:00 GMT
6,197 new coronavirus cases registered in Hungary
The number of active coronavirus cases in Hungary stands at 185,878, with 6,197 new cases and 171 new deaths registered since yesterday, according to data by government coronavirus information site koronavirus.gov.hu.

Fri, 11 Dec 2020 09:30:00 GMT
Croatia producer prices continue to fall in November
Croatiaʼs producer prices continued to decline in November, figures from the Croatian Bureau of Statistics (Crostat) showed on Wednesday.

Fri, 11 Dec 2020 09:20:00 GMT
Ratification of Brussels summit agreement next ʼdifficult obstacleʼ, Orbán says
The ratification of an agreement reached at a European Union summit on Thursday on the next EU budget and recovery fund is the next "difficult obstacle", Prime Minister Viktor Orbán said at a joint press conference with his Polish counterpart Mateus...

Fri, 11 Dec 2020 09:00:00 GMT
MNB signs agreement with monetary authority of Singapore
The National Bank of Hungary (MNB) yesterday said had it signed a cooperation agreement with the Monetary Authority of Singapore (MAS), Singaporeʼs central bank, to strengthen cooperation in FinTech innovation between the countries, according to an ...

Fri, 11 Dec 2020 08:30:00 GMT
Consumer confidence continues to worsen, GKI says
Economic research institute GKIʼs gauge of consumer confidence fell to -38.5 points in December from -33 points in the previous month, state news wire MTI reports.

Fri, 11 Dec 2020 08:00:00 GMT
Enough grapes harvested to meet wine needs
Farmers have harvested enough grapes this year to meet wine needs, while demand and supply are in balance, said Deputy State Secretary for Agriculture Tamás Tarpataki, of the Ministry of Agriculture, at a meeting of the Agriculture Committeeʼs Subc...

Fri, 11 Dec 2020 07:30:00 GMT
Lithuania producer prices continue to fall in November
Lithuaniaʼs producer prices continued to decline in November, figures from Statistics Lithuania (LS) showed on Wednesday.

Thu, 10 Dec 2020 15:30:00 GMT
Czech trade surplus increases in October
Czech Republicʼs trade surplus rose to CZK 33.391 billion in October from CZK 8.967 billion in the same month last year, a report from the countryʼs statistical office showed on Tuesday.

Thu, 10 Dec 2020 14:45:00 GMT
IIB outlays in Hungary reach nearly HUF 400 mln
Outlays of the International Investment Bank (IIB) in Hungary add up to almost EUR 400 million since 2015, the lenderʼs chairman, Nikolay Kosov, told Hungarian news agency MTI.

Thu, 10 Dec 2020 14:00:00 GMT
Coca-Cola completes HUF 300 mln mineral water production investment
Coca-Cola HBC Hungary has expanded its mineral water bottling capacity at its Zalaszentgrót plant with an investment worth nearly HUF 300 million, according to a press release sent to the Budapest Business Journal.

Thu, 10 Dec 2020 13:30:00 GMT
Romania GDP recovers in Q3
Romaniaʼs economy recovered as initially estimated in the third quarter, final data from the Bucharest-based National Institute of Statistics (INS) showed Tuesday.

Thu, 10 Dec 2020 12:45:00 GMT
Itron to close Gödöllő plant in early 2022
Itron announced that it is contemplating relocating production from its Gödöllő plant. Production is estimated to be relocated by the end of 2021 and the Gödöllő plant is expected to be closed in early 2022, which is subject to completion of Eu...

Thu, 10 Dec 2020 12:05:00 GMT
Takarékbank-MKB-Budapest Bank tie-up declared of strategic importance
The government has declared the consolidation of the shares of MTB Magyar Takarékszövetkezeti Bank, MKB Bank, and state-owned Budapest Bank in Magyar Bankholding of "national strategic importance", thus exempting the deal from the scrutiny of the C...

Thu, 10 Dec 2020 11:30:00 GMT
Czech industrial production grows in October
The Czech Republicʼs industrial production grew, while construction output decreased in October, data from the Czech Statistical Office (CZSO) showed on Tuesday.

Thu, 10 Dec 2020 11:00:00 GMT
CTP successfully completes 2nd Green bond issue
Logistic property company CTP has successfully issued its second Green bond for EUR 400 million, following the companyʼs inaugural EUR 650 mln issue in October, according to a press release sent to the Budapest Business Journal. 

Thu, 10 Dec 2020 10:30:00 GMT
ÁKK sells HUF 45 bln of securities at auction, over plan
The Government Debt Management Agency (ÁKK) sold a combined HUF 45 billion of securities at auction on Wednesday, HUF 10 bln more than planned, state news wire MTI reports.

Thu, 10 Dec 2020 10:00:00 GMT
5,415 new coronavirus cases registered in Hungary
The number of active coronavirus cases in Hungary stands at 181,190, with 5,415 new cases and 171 new deaths registered since yesterday, according to data by government coronavirus information site koronavirus.gov.hu.

Thu, 10 Dec 2020 09:30:00 GMT
Lithuania inflation rate at 6-month low in November
Lithuaniaʼs annual inflation rate edged down to 0.6% in November from 0.7% in the previous month, data from the Vilnius-based Statistics Lithuania (LS) showed on Tuesday. 

Thu, 10 Dec 2020 09:00:00 GMT
Cordia raises HUF 4 bln from BGS bond sale
Hungarian property developer Cordia raised HUF 4 billion in proceeds from the sale of a bond issued in the framework of the Bond Funding for Growth Scheme (BGS) of the National Bank of Hungary (MNB) yesterday, according to auction results posted on t...

Thu, 10 Dec 2020 08:30:00 GMT
MTel, BME, Ericsson Magyarország partner on 5G development
Magyar Telekom, the Budapest University of Technology and Economics (BME), and Ericsson Magyarország on Wednesday announced a partnership to develop applications using 5G mobile telecommunications technology, state news wire MTI reports.

Thu, 10 Dec 2020 08:00:00 GMT
Huawei contributed HUF 200 bln to Hungarian GDP last year
The economic influence of Huawei Technologies in Hungary has been growing steadily over the last five years, as the Chinese company invested a seventh of the amount spent on European purchases in Hungary last year, according to a study published yest...

Thu, 10 Dec 2020 07:30:00 GMT
Latvia consumer prices fall further in November
Latviaʼs consumer prices continued to decline in November, figures from the Riga-based Central Statistical Bureau (CSB) showed on Tuesday.



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