Currently, under the special regulation, exemption is only granted to businesses established in a certain European Union Member State for those transactions where the place of supply is Hungary.
In a special report published on Monday, the European Court of Auditors (ECA) calls for new impetus to boost the roll-out of 5G, the new global wireless standard for mobile networks, in the EU.
The Hungarian Outsourcing and Service Association (HOA) and the Municipality of Pécs City are launching a joint project to make the city an attractive investment location and to attract more business service centres in the future.
Budapest Airport, the Chinese Henan Airport Group (the operator of Zhengzhou International Airport) and the Chinese-Hungarian business and logistics development company CECZ / Utlink signed a cooperation agreement, aimed at establishing the aerial Silk Road between Hungary and China and creating dedicated logistics centers at the two airports, to handle freight traffic.
Wizz Air Holdings Plc.’s shares are now available on BSE’s “BETa Market”, an alternative platform of the Budapest Stock Exchange. The BETa platform offers the opportunity to trade securities of large European companies. As a result, the shares of the international airline, which has Hungarian origins, can be accessed without currency conversion through investment providers. Settlement is in HUF, and OTP Bank will act as market maker.