Hungary

A collection of 357 posts

Hungary secures EUR 1.6bn Vodafone purchase

Hungary secures EUR 1.6bn Vodafone purchase

2 min read Economy, Hungary, 4iG, Vodafone

Hungary has finalised a deal to acquire Vodafone Europe’s Hungarian unit for HUF 660bn (EUR 1.6bn) in the largest state purchase since the change of regime in 1990. The Hungarian state made the deal through its holding company Corvinus, which has obtained a 49% stake, while government-linked company

PMs discuss new Slovenia-Hungary gas link

PMs discuss new Slovenia-Hungary gas link

1 min read Hungary, Slovenia, Algeria, Russia

Slovenian Prime Minister Robert Golob and Hungarian Prime Minister Viktor Orban have discussed building a pipeline to transit Algerian gas when they unveiled the first power line linking their countries’ national grids Slovenia’s green energy mogul turned premier said the “expression of solidarity” would “allow Hungary to free itself

Wizz vs Ryanair: which budget airline rules CEE?

Wizz vs Ryanair: which budget airline rules CEE?

Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according a new report that cites Official Aviation Guide (OAG) data. While the Hungary-headquartered airline runs 651 routes to, from and in CEE, this figure is 514 for Ryanair. That

Croatia plans partial Sunday shopping ban

Croatia plans partial Sunday shopping ban

Croatia has decided to introduce compulsory shop closures on Sundays, Croatian Employment and Family Minister Marin Piletic told reporters after a cabinet meeting on Thursday, 1 November. “The law will allow retail staff to spend Sunday with their families,” Croatian Prime Minister Andrej Plenkovic said. According to the proposed amendments

Last chance for Hungary on EU funding

Last chance for Hungary on EU funding

Hungary could lose billions of euros from its Recovery and Resilience Facility (RRF) funding entitlement after the European Commission (EC) decided that it is unsatisfied with its rule of law reforms and corruption levels on Wednesday, 23 November. Hungary is officially entitled to EUR 5.8bn of RRF funds as

Robotisation spreads in auto-heavy CEE

Robotisation spreads in auto-heavy CEE

Robotisation has risen sharply in CEE, according to a new report entitled “How do Economies in EU-CEE Cope with Labour Shortages?” released by the Vienna Institute for International Economic Studies (wiiw). As robotisation levels mainly depend on the automotive, electrics and electronics industries, they have spiked in recent years in

Hungary, Ryanair clash over 'excess profits'

Hungary, Ryanair clash over 'excess profits'

2 min read Hungary, ryanair

Ryanair’s ongoing dispute with the Hungarian government escalated last week, as the company’s CEO dismissed Hungary’s revisions to its aviation tax as “idiotic and damaging”. The stand-off over has pitted one of Europe’s most combative businessmen, Ryanair CEO Michael O’Leary, against Hungary’s pugnacious Prime