HungaryTrends – The week in business and finance

See below the main business and financial news from the previous week:

HUNGARIAN ANDROID APPS AMONG GOOGLE’S BEST PICKS 

Google has just published its list of the Best Apps of 2018, where two Hungarian applications for Android operating systems are featured. Read more HERE.

HUNGARIANS DEVELOPING A BETTER APP FOR SENDING LARGE FILES 

The Hungarian and Swiss company Tresorit, which specialises in the field of sending different kind of file attachments securely, is developing a brand new classified app, called Tresorit Send, for sending large files easily and free of charge, up to 5 GBs. This brand new development is going to be better than WeTransfer, which is also a large file sending app, operating since 2009. Read more HERE.

APARTMENT PRICES CONTINUE TO RISE IN HUNGARY 

According to the experts of the Rock Home real estate agency, the increasing of the apartment prices will continue in the next year, thus, small apartments are more ideal as an investment and people are less likely to negotiate about prices in the housing market. Read more HERE.

BOSCH TO INVEST EUR 43.3m AT BASE IN HUNGARY

Robert Bosch Power Tool, a Hungarian unit of German engineering giant Bosch, will invest 14 billion forints (EUR 43.3m) to set up a European centre of competence for batteries and expand its power tool assembly capacity in Miskolc, in northern Hungary. The government will support the investment with a 3.4 billion forint grant. Read more HERE.