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Hungarian Chamber of Commerce



NATS Seals HungaroControl Co-operation Deal

March 19. 2018.

Air Traffic Management

The UK-based air traffic services provider NATS has signed an agreement with its Hungarian counterpart HungaroControl to collaborate on digital tower projects around the world. The framework agreement brings together two of the world’s leading air navigation service providers in the development and application of digital tower technology. More...


Insurers See Premium Revenues Climb 7% in 2017

March 16. 2018.

Hungarian News Agency via

Hungarian insurersʼ combined revenues from premiums rose 7% to HUF 948.1 billion last year, data released by the National Bank of Hungary (MNB) on Wednesday show, cited by state news wire MTI. Insurance companiesʼ after-tax profits rose 25% to HUF 64.5 bln in 2017. More...

STATISTICAL UPDATES: Farm Prices; Construction; industrial Output

March 14. 2018.

Central Statistical Office

- Agricultural producer prices were up by 2.1% in January 2018 compared to the corresponding period of the previous year. Details

- The volume of construction output was 43.2% higher in January 2018 than a year earlier. Output increased in both main groups of constructions: by 48.4% in the construction of buildings and by 33.4% in civil engineering works. Details

- In January 2018, the volume of industrial output rose by 6.9% year-on-year. Details

Hungarian Lawmaker Under Pressure Not to Run in April Over Murky Bond Deal

March 14. 2018.


A senior politician in Hungary’s ruling Fidesz party is under pressure from the opposition to withdraw his candidacy in April elections after newspaper reports on his role in a murky 2013 deal involving billions of euros to be invested in Hungarian bonds. More...

STATISTICAL UPDATES: External Trade; Prices; Output

March 12. 2018.

Central Statistical Office

- In EUR terms, exports increased by 10% and imports by 9.3% in January 2018 compared to the same period of the previous year. The trade surplus was up by EUR 113 million. Details

- Consumer prices were 1.9% higher on average in February 2018 than a year earlier. Details

- In January 2018, the volume of industrial output rose by 6.9% year-on-year. Details

Erbslöh to Expand Capacity in Hungary

March 19. 2018.

Erbslöh Hungária, a unit of German automotive group WKW, will spend HUF 14 billion to build a 1,500 square-meter production hall and install new surface treatment technology, increasing capacity, in Győr (121 km northwest of Budapest). More...

Blossom: Cutting Edge Jewellery That’s Reinventing Hungary’s National Motifs

March 16. 2018.

The Calvert Journal

Crafted from intricately cut paper, Blossom is a series of bold statement pieces. But its high-design edge draws inspiration not from the catwalk, but from the delicately pattered fabrics associated with Hungarian grandmothers across the world. More of Fruzsina Zalavári's works.

US Congressmen Visit Budapest, Claim Trump-Orbán Meeting “Is Only a Matter of Time”

March 14. 2018.

Hungary Today

Last Friday, a delegation of six members of the United States House of Representatives paid a visit to Budapest. While in the Hungarian capital, they met Prime Minister Viktor Orbán, Speaker of the House László Kövér, Human Resources Minister Zoltán Balog, Interior Minister Sándor Pintér, and Zsolt Németh, head of parliament’s foreign affairs committee and of the Hungary-US friendship section. More...

Soros Eyes 99-Year Lease of Vienna Landmark After Hungary Clash

March 13. 2018.

Bloomberg / By Jonathan Tirone

Central European University, the Budapest-based institution founded by George Soros that’s embroiled in a legal fight with the Hungarian government, is closing in on a 99-year lease of a landmark Vienna property to expand its presence in the region. More...

NI Hungary Lays Cornerstone of Plant, Service center

March 12. 2018.

Budapest Business Journal

The local unit of U.S. measurement and automation company National Instruments (NI) laid the cornerstone of a HUF 5.44 billion electronics plant and service center in Debrecen, eastern Hungary, last Friday. Hungaryʼs government is supporting the investment, which will create 210 jobs, with a HUF 2.55 bln grant. More...