NEWS
After the first of July, a brand-new government system in Hungary will have a significant impact on the way consumers do their shopping.
An online pricing monitoring system was established by the government in March of this year as part of an effort to combat rising inflation. Yesterday, the government issued a decree outlining the plan in full. At 25.6%, Hungary’s inflation rate remains the highest in the European Union. After Hungary, we find Latvia, whose rate is […]
How to Invest in Garages in Hungary
Garages are some of the best investments in Hungary. They can be great for storing your car, and they can also serve as a place to do work on it. It’s a good idea to invest in garages if you’re looking for a more practical investment than buying stocks or bonds. To learn more about […]
The state of the Hungarian real estate market
The Hungarian real estate market is one of the fastest-developing markets in Europe. Due to its economic growth and low interest rates, property prices in Hungary have increased by 28 percent in five years. Investors from all over the world see opportunity in this country and invest their money for further development. Hungarian real estate […]
A surge in Hungary’s startup scene
The Hungarian capital of Budapest has emerged as the country’s epicenter of technological innovation. Hungary is presenting itself as a leader in the tech industry thanks to its highly qualified workforce, government policies that encourage innovation, and expanding ecosystem of incubators and accelerators. Hungarian startups are creating waves in a number of emerging industries, including […]
Is Working in Hungary Good for You?
Hungary is a fantastic place to work! There are lots of jobs in this lovely country. Understanding the culture and the kind of employment available is crucial if you want to relocate for work so you can discover something that fits your personality and skill set. In general, Hungarians are very friendly. They enjoy themselves […]
The services provided by the Hungarian business registry
The corporate papers that provide the foundation for registration are listed in the business register together with information about registered businesses. In their function as courts of registration, courts are responsible for maintaining the information in the business register (on the firms enrolled therein). Electronic storage is used to store company papers and information. On […]
Good news for prospective homeowners: The Hungarian real estate market shifts its trajectory.
László Balogh, a top economic analyst at ingatlan.com, claims that home prices have remained stagnant since the fall of 2022. In other instances, he said, costs have even decreased since January of this year. László Balogh discussed the current trend change in the Hungarian real estate market with Index. Reversal of the property market’s trend […]
Hungary’s economy is projected to turn around shortly, and the forint will strengthen.
The chief economist of ING Bank, Péter Virovácz, provided an appraisal on the outlook for the Hungarian forint and the national economy. Although the recession currently dominates Hungary, he predicted that it will soon end. In 2023, Hungary’s GDP might grow by 0.7 percent, which would be favorable for the forint’s exchange rate. According to […]
Why Hungary’s trade is expected to break the record in 2023?
Hungary’s trade is expected to break the record in 2023 according to research recently made by economic analysts. When you compare Hungary’s work with other countries and regions and its population, it generates a lot of revenue and has been proliferating. That’s likely because of Hungary’s investments in new technology, transportation, raw materials, and industries. […]
Hungary’s Economy Will Soar Next Year
Hungary’s economy has been undergoing significant changes over the last few years, with trade expected to reach record-breaking levels in 2023 and new customer-friendly changes to the housing market. In addition, there has been a digital turnaround in the real estate sector and positive predictions from the Minister of Finance that the economy will soar […]