Suez Water Tech Invests HUF 9.6 bn in Expanding Oroszlány Plant
Suez Water Technologies and Solutions Hungary is investing 9.6 billion forints (EUR 29.0m) in expanding its base in Oroszlány, northwest Hungary, Foreign Minister Péter Szijjártó said.
Economy
Urban transport: car loan is not a problem anymore
Having your own car can be very effective, however, many people living in big cities do not have their own vehicle, since they can get everywhere with the help of public transport, but catching the right bus or tram may be problematic or take too much time…
Industrial output up 6.1% in October
Hungarian industrial output grew by an annual 6.1% in October, the Central Statistical Office (KSH) said in a first reading of data.
Audi starts serial production of mild-hybrid e-vehicles
The local unit of German carmaker Audi has started serial production of its Audi Q3 and Q3 Sportback models with mild-hybrid system, the company said.
Audi Hungaria Starts Serial Production of Mild-Hybrid E-Vehicles
The local unit of German carmaker Audi has started serial production of its Audi Q3 and Q3 Sportback models with mild-hybrid system, the company said.
Trade surplus revised down to EUR 539M
Hungary’s September trade surplus was revised down to 539 million euros in a second reading of data released by the Central Statistical Office (KSH).
Debrecen BMW Plant to Further Strengthen Economy
The building of a BMW plant in Debrecen, in eastern Hungary, will further strengthen the Hungarian economy, the minister of foreign affairs and trade said, commenting on the German carmaker’s announcement to start a construction project in the spring of 2020.
PPI up 1.5% in October
Industrial producer prices went up by 1.5% in October from the same month a year earlier, the Central Statistical Office (KSH) said.
Hungary and Malaysia sign economic cooperation agreement
Hungary signed an economic cooperation agreement with Malaysia on Friday. The agreement was signed by Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó and Malaysia’s Minister of International Trade and Industry Darell Leiking in Budapest.
Guest nights down 1.3% in September
Guest nights at commercial accommodations in Hungary fell by 1.3% year on year to 2,593,000 in September, the Central Statistical Office (KSH) said.