Recultivation of Solid Waste Dump Sites

The recultivation of closed municipal dump sites in over 40 town and villages around Győr, northwest Hungary, will start in the near future.

Consumer Price Inflation Slows Further to 3.1 Pct in January

Twelve-month consumer price inflation slowed to 3.1 pct in January from 3.5 pct in December 2008 and 4.2 pct in November of last year, the Central Statistical Office (KSH) said on February 13.

HP Magyarorszag Computer Sales Rise 30 pct in 2008

The Hungarian unit of American IT giant HP sold 110,000 computers in 2008, 30 pct more than in 2007, and revenue, calculated in dollars, rose about the same, HP Magyarorszag deputy-CEO Kristof Takats said on February 3rd 2009.

Government Subsidy to Save Jobs

The Hungarian office of PricewaterhouseCoopers published a brief about the initiative of the Ministry of Social Affairs and Labor providing financial support to entrepreneurs in order to save jobs.


Ernst and Young Names Music Festival Organizer Entrepreneur of Year

Consultancy Ernst and Young named Karoly Gerendai, managing director of Sziget, which organises Hungary's biggest summer music festival, Entrepreneur of the Year at a gala evening on January 25th.


Customer Price Inflation Slows Further to 3.5 pct in December

Twelve-month consumer price inflation slowed to 3.5 pct in December from 4.2 pct in November, the Central Statistics Office (KSH) said on January 15th 2009.


Hungary's Transmission Network Prepared to Receive Russian Gas

Russian news agency Itar-Tass reported on January 13th 2009 that Gazprom had resumed gas transmission to Europe at 8am, Central European Time.


Art Collectors, Investors Spend 10 pct More at Winter Auctions

In spite of the global financial crisis, Hungarian art collectors and investors spent 10 pct more at last year's winter auctions.


PMI Increases to Seasonally Adjusted 41.0 in December

Hungary's Purchasing Manager Index (PMI) rose slightly in December, mounting to a seasonally-adjusted 41.0 as opposed to previous month's 39.9. 


State Lottery Revenue Rises to HUF 156 Billion in 2008

State lottery company Szerencsejatek had revenue from lottery sales of HUF 156 billion in 2008, according to preliminary figures, up from HUF 144 billion in 2007, the company announced on December 29th 2008.


News Monitoring