Napi Gazdaság
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''Napi Gazdaság'' ( Hungarian: ''Daily Economy'') was a
Budapest Budapest (, ; ) is the capital and most populous city of Hungary. It is the ninth-largest city in the European Union by population within city limits and the second-largest city on the Danube river; the city has an estimated population o ...
-based
daily newspaper A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, spor ...
published from 1991 to 2015. The daily focused on financial and business news. It was succeeded by ''
Magyar Idők ''Magyar Idők'' ('' en, Hungarian Times'') was a short-lived national conservative Hungarian newspaper, associated with the Fidesz government. It was formed from '' Napi Gazdaság'' ('Daily Business'), a business newspaper founded in 1991. In 2 ...
'', a conservative political daily on 1 September 2015.


History and profile

''Napi Gazdaság'' was based in Budapest. In the late 1990s the owner of the daily bankrupted, and a group of young investors bought it. During this period the paper was independent and covered investigative reports. The Central European Media and Publishing Co. (CEMP) acquired 50% of the daily in 2007. It was owned by CEMP until August 2013 when it was sold to the
think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-govern ...
and research center Századvég Economic Research Inc. (Századvég Gazdaságkutató in Hungarian). The think tank is linked to
Fidesz Fidesz – Hungarian Civic Alliance (; hu, Fidesz – Magyar Polgári Szövetség) is a right-wing populist and national-conservative political party in Hungary, led by Viktor Orbán. It was formed in 1988 under the name of Alliance of Young ...
, a conservative political party. The website of the daily, Napi.hu, remained in possession of CEMP. The last
editor-in-chief An editor-in-chief (EIC), also known as lead editor or chief editor, is a publication's editorial leader who has final responsibility for its operations and policies. The highest-ranking editor of a publication may also be titled editor, managing ...
of the daily was György Barcza, and its managing director was Péter Keresztesi. ''Napi Gazdaság'' provided mostly financial news and was one of two business newspapers in the country. The other business newspaper in the country is '' Világgazdaság''. The daily occasionally published supplements one of which was about Polish economy and in Polish. On 31 August 2015 the paper ceased publication.


Circulation

In 1998 ''Napi Gazdaság'' sold 14,000 copies. Its circulation was 15,000 copies in 1999. The audited readership per day was 33,000 in 2012.


Controversy

In November 2013, English language news website specializing in current events taking place in Hungary, The Budapest Beacon, reported that both ''Napi Gazdaságs daily edition and its website were fined by the
National Bank of Hungary The Hungarian National Bank ( hu, Magyar Nemzeti Bank (MNB)) is the central bank of Hungary and as such part of the European System of Central Banks (ESCB). The Hungarian National Bank was established in 1924 and succeeded the Royal Hungarian St ...
for illegally manipulating the market.


See also

*
List of newspapers in Hungary The number of national daily newspapers in Hungary was 21 in 1950 and it increased to 40 in 1965. In 1986 the Press Act became effective, regulating the newspaper market in the country. Following the collapse of the communist regime the act was re ...


References


External links

* {{DEFAULTSORT:Napi Gazdasag 1991 establishments in Hungary 2015 disestablishments in Hungary Business newspapers Daily newspapers published in Hungary Defunct newspapers published in Hungary Hungarian-language newspapers Publications established in 1991 Publications disestablished in 2015