May 2009

Business Award for Budapest Airport

A professional panel awarded the 2009 Business Superbrands award to Budapest Airport (BA).

James Morsink, IMF Delegate Acknowledges Hungarian Achievement in Crisis

IMF representative Mr. James Morsink has visited Hungary to scrutinize the details of the government’s crisis management program.

Pecs Local Council Calls Tender for Pecs-Pogany Airport

The local council of Pecs (S Hungary) has called a tender for the purchase and operation of the nearby Pecs-Pogany Airport.


“Bajnai Welcomed by Foreign Business Persons”
The conservative Swiss journal Neue Zürcher Zeitung comments the visit of PM Bajnai at European Forum Wachau

The Volume of Construction Activity Grew In March

In March 2009 the volume of construction activity grew by 3.5 pct according to both unadjusted indices and to ones adjusted for working days, compared to a March 2008 Central Statistics Office announcement.

Government Gross Consolidated Debt Amounted to 82.7 Pct of GDP at the End of Q1

According to preliminary financial accounts data, general government net borrowing was equal to 4.2 pct of Hungary’s GDP in the four quarters to 2009 Q1.

Csaba Metal Presents New Midibus

Hungary's Csaba Metal on May 15 presented its new CsM Urbanus midibus, which took a year and a half to design and cost HUF100 million.

Government’s Tax Changes to Reduce Tax Wedge to 46 Pct From 54 Pct - Extended

The government's tax changes will reduce the tax wedge in Hungary to 46 pct from 54 pct by 2010, Finance Minister Peter Oszko said at a conference on May 14.

The Consumer Prices Grew in April

In April 2009 consumer prices increased by 0.8 pct compared to the previous month and rose by 3.4 pct compared to April 2008.

Apron Extended in Ferihegy

The first phase of the apron extension in Ferihegy has reached completion.

News Monitoring