Some 500-700 petrol stations could be without fuel every week despite the fact that there are no significant problems with supplies in the market, the deputy leader of the opposition Democratic Coalition (DK) said, citing a report by daily Népszava.
Hungarian rate-setters (NBH) raised the base rate by 185 basis points to 7.75% at a monthly policy meeting on Tuesday.
The government considers it “unacceptable” that low-cost airline Ryanair wants to pass on the tax on excessive profits to customers with retroactive effect, government spokeswoman Alexandra Szentkirályi said.
Like the economy of Europe as a whole, its car industry faces grave challenges in the coming period, the minister of foreign affairs and trade has said.
This morning, the forint reached another negative peak against the euro: at 6 a.m. 400 forints had to be paid for 1 euro, but around 9:00, the national currency began to deteriorate rapidly, and around 11:00 the EU currency was worth more than 404 forints, writes HVG.
Hungarian oil and gas company MOL has set a 50-litre per-service refuelling limit for retail buyers at its domestic petrol stations from Friday, the company has said. The new limit is half the volume available so far, MOL told MTI.
The local of unit of FMCG giant Unilever will discontinue production at its plant in Röszke (S Hungary), laying off 80% of the 190 workers, Unilever said on Friday. The plant’s new owner, Mezőker will take over 20% of the workers. Hungarian-owned Mezőker has been Unilever’s supplier for almost 30 years.
Over 20,000 signatures have been collected in Hungary in support of the European Citizens Initiative entitled “Save Bees and Farmers: Towards a bee-friendly agriculture system for a healthier environment”, the National Election Committee (NVB) said on Thursday.
Hungary’s jobless rate was 3.5% in May, down from 3.6% in the previous month and from 3.9% twelve months earlier, the Central Statistical Office (KSH) said. The rate covers 15-74 year olds. Fully 168,500 were jobless in May, down by 7,800 on the previous month and 20,900 fewer than in May 2021. The rolling three-month […]
Liechtenstein-based Neutrik Group is investing 3.6 billion forints (EUR 9.1m) in a new plant in Ózd, in northern Hungary.