State-owned venture capital fund Hiventures will pick companies it deems bourse-ready from its portfolio and ready them for inclusion on the stock exchange's Xtend market.
More than 110 companies operate service centres in the country, employing approximately 50,000 people, mainly young specialists who speak foreign languages.
€792mn divested from investment funds in June-August, as retail investors preferred the new Hungarian super bond.
Hungary’s incoming Justice Minister Judit Varga was grilled at the first hearing by EU affairs ministers, as Budapest tries to play down criticism over the rule of law and frame procedure as an attack on its anti-migration policies.
Hungary has become a centre for the auto manufacturing sector, and the surge in output was the result of the low base as the summer shutdown of carmakers led to a sharp decline in output in July 2018.
Speculation that South Korean tyre maker's decision to delay €268mn investment at its Hungarian plant is linked to shortage of workforce.
GetMyBoat, which describes itself as the world’s largest “Airbnb (or Uber) for boats” has seen a dramatic surge in business in Central, Eastern and especially Southeast Europe this summer.
Hungarian banks reported near-record profit in the first half spurred by an upswing in lending, but the branch of networks continued to shrink, central bank data showed.
To continue with catching up to the west, Hungary’s growth needs to outpace the EU average of 2%, says central bank governor Gyorgy Matolcsy.
Viktor Orban's track record in hollowing out democratic institutions and weakening the rule of law likely put pressure on the new European Commission president not to go ahead with nomination of Hungarian ex-justice minister Laszlo Trocsanyi.
The European Anti-Fraud Office carried out the highest number of investigations in Hungary among EU members last year and closed the most cases with recommendations.
The figure was the highest among EU members and well above the 4.7% median estimate.
Flexible workplaces and co-working spaces, originally the domain of creatives and solo entrepreneurs, are increasingly attractive to larger companies in their quest to attract and retain talent.
The deal would be would be the largest arms procurement since Hungary began its army modernisaton programme in 2017. PM Viktor Orban's government has accelerated efforts to overhaul its ageing weaponry.
The central bank affirmed its accommodative monetary stance, adding that downside risks to inflation strengthened amid the worsening external economic environment and decelerating domestic inflation.
Despite the recent consumer boom, all but one of the eastern EU members produces less waste than any western member, a new study from Eurostat shows.
Capital Economics anticipates a slowdown in credit growth as Hungary's central bank is expected to gradually tighten monetary policy and raise rates.