The Hungarian economy showed growth of 7.1% in 2021. Compared to the pre-crisis year 2019, GDP even increased by 2.1%. In the Corona year 2020, the adjusted economy shrank by 4.9%.

The Magyar Telekom (MT) spent over HUF 300 billion (EUR 847.5 million) on mobile and fixed-line infrastructure developments over the past six years and HUF 44.7 billion (EUR 120,8 million) in the first three quarters of 2021 alone.

The German Die Autobahn GmbH signed a 4-year contract with the Hungarian software developer Microsec Zrt. to develop the V2X PKI system for intelligent communication between vehicles.

Budapest Airport (BA) has spent over HUF 70 billion (EUR 198 million) on the development of Ferenc Liszt International Airport over the past three years.

The German company Transporeon, one of the largest global software service providers in the logistics segment, is taking over the Hungarian company, Nexogen.

Főtaxi has launched its instant courier service “Főtaxi GO”, which is available 24 hours a day, 7 days a week in Budapest and the capital’s agglomeration. The reason for this is the increasing importance of mobility in all sectors.

The Hungarian state takes over 51% of the shares in the operating company of Debrecen International Airport. The airport property and the facilities there remain the property of the city.

The Hungarian mineral oil and gas firm MOL acquires 417 petrol stations in Poland. The USD 610 million signed contract with Grupa Lotos SA and PKN Orlen makes MOL the third largest player in the Polish fuel retail market and establishes a retail presence in a 10th country.

The EBRD provides a USD 28 million long-term loan for the  investment of the South Korean company, Solus Advanced Materials in Tatabánya.

With inflation ramping up, the Hungarian government decided to freeze the prices of six food products from February 1 at their October 15, 2021 levels.