Guest nights at commercial accommodations in Hungary rose by 1.6% year on year to 4,634,000 in August, the Central Statistical Office (KSH) said.
Samsung SDI will carry out a 390 billion forint (EUR 1.17m) expansion of its battery plant in Göd near Budapest, creating 1,200 new jobs.
The government has provided subsidies for the purchase of almost 2,000 electric vehicles since launching a support programme, state secretary Tamás Schanda said on Thursday.
Hungary’s consumer price index increased by an annual 2.8% in September, while prices were 0.1% higher compared with August, the Central Statistical Office (KSH) said.
Hungary’s cash flow-based budget, excluding local councils, ran a 303.6 billion forint (EUR 910.9m) deficit at the end of September, reaching 30.4% of the 998.4 billion full-year target, a preliminary release of data by the Finance Ministry shows.
Serbia has reopened its market to Hungarian unprocessed pork after a ban was placed due to African swine fever (ASF) being detected in the country in April 2018, the farm ministry said.
Sanofi is to create a competence centre called Centre of Excellence in Budapest. Initially, 100 persons will assist the subsidiaries of Sanofi in the field of accounting, HR and finance in seven languages in the latest Hungarian unit of the leading French pharmaceutical company, however, the centre will be expanded to 350 persons by 2022.
Hungary’s July trade surplus was 204 million euros in a second reading of data released by the Central Statistical Office (KSH).
The German thyssenkrupp corporation, which is constructing a 17.4 billion forints (EUR 43.8m) camshaft plant in Pécs, held its groundbreaking ceremony on 2 October 2019.
Japanese vehicle battery manufacturer GS Yuasa inaugurated a 9 billion forint (EUR 26.9m) lithium battery plant in Miskolc, in north-eastern Hungary.