"Hungarian utilities blame rising power costs for forcing them into price hikes above this year's projected inflation, a report showed on Monday. more »

"Hungary's tobacco market has reached a turning point. By the end of the year it must comply with European Union regulations regarding excise tax. This necessitates a hike of the excise tax on tobacco twice this year. The transition period to comply with the EU cigarette tax regime expires at the end of the year in Poland and Slovakia as well. more »

"Spain's Inditex SA, one of the world's largest fashion distributors, is to set up a new subsidiary in Hungary, the company has confirmed information by business daily Világgazadaság. Inditex already sells five brands in Hungary. more »