Since November 22, a government decision has maximized the amount of interest on bank deposits over HUF 20 million with a maximum term of one year.

The South Korean company Chokwang Paint handed over a new plant in Heves. The automotive industry supplier invested HUF 3.8 billion (EUR 9.38 million).

The government decided on an action plan for tourism. After the difficult Covid years, the industry will close a good year despite the energy crisis, but government support is still needed.

MFB Hungarian Development Bank and Eximbank Zrt. are launching two programs, each worth HUF 100 billion (EUR 250 million).

Hungary issued Green Euro Bond worth EUR 1 billion. In spite of the volatile market environment, the bonds were oversubscribed by a factor of 4.5.

Árpád-Agrár Zrt. and Szentesi Paradicsom Kft. handed over new 40,000 square meters greenhouses in Szegvár (Csongrád-Csanád county).

Food prices continued to fuel inflation in October. According to statistical data, consumer prices climbed by 21.1% year-on-year in October and by 2% compared to September.

After the settlement offer was rejected, Tungsram will be liquidated. The company intends to continue operating but will lay off 750 employees.

Siemens Energy Kft. will create 400 new jobs in the next few years with an investment of around HUF 30 billion (EUR 74 million).

Government extends food price cap to eggs of all sizes and potatoes. For example, the gross sales prices in retail and mail order must not be higher than the prices applicable on September 30, 2022.