Napi Gazdaság
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''Napi Gazdaság'' (, ) was a
Budapest Budapest is the Capital city, capital and List of cities and towns of Hungary, most populous city of Hungary. It is the List of cities in the European Union by population within city limits, tenth-largest city in the European Union by popul ...
-based
daily newspaper A newspaper is a Periodical literature, periodical publication containing written News, 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 poli ...
published from 1991 to 2015. The daily focused on financial and business news. It was succeeded by '' Magyar Idők'', 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 public 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-governme ...
and research center Századvég Economic Research Inc. (Századvég Gazdaságkutató in Hungarian). The think tank is linked to
Fidesz Fidesz – Hungarian Civic Alliance (; ) is a national-conservative political party in Hungary led by Viktor Orbán. It has increasingly identified as illiberal. Originally formed in 1988 under the name of Alliance of Young Democrats () as ...
, 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 editor-in-chief heads all departments of the organization and is held accoun ...
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 (, ) is a Hungarian business online newspaper. It operates as part of Mediaworks Hungary . The newspaper was traditionally issued on every Budapest Stock Exchange trading day, until it became an online-only publication in 2022. History and pr ...
''. 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 Gazdaság'' daily edition and its website were fined by the
National Bank of Hungary The Hungarian National Bank ( , MNB) is the central bank of Hungary and as such part of the European System of Central Banks (ESCB). It was established in 1924 as a successor entity of the Austro-Hungarian Bank, under the economic assistance p ...
for illegally manipulating the market.


See also

* List of newspapers in Hungary


References

{{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 Newspapers established in 1991 Publications disestablished in 2015