Deals

Fotex stake in Domus rises to 99.24% after squeeze-out

Holding company Fotex Rt announced on Thursday it had acquired 9,807 shares in furniture company Domus Rt in a squeeze-out...

Deals

Pannonplast completes sale of Polifoam unit

Plastic parts company Pannonplast Rt announced on Wednesday it closed the sale of a 51% stake in its unit Polifoam...

Deals

Bookkeepers Mazars, Metrum to merge

French-owned Mazars Kft, a major auditing, tax consulting, and bookkeeping firm, and Metrum Kft, a leading Hungarian-owned peer, will link...

Deals

SME confidence index unchanged in May

Economic research institute Ecostat's SME confidence index measured 51% in May, unchanged from April, but 11 percentage points higher than...

Deals

Rahimkulov raises stake in BorsodChem to 25.16%

Megdet Rahimkulov, the head of ÁÉB Bank Rt and reportedly Hungary's richest man, has raised his direct and indirect stake...

Deals

KBC Group buys 99.7% of K&H Bank

The State Financial Supervisory Authority (PSzÁF) has approved Belgian KBC Group's plan to acquire a 99.7% stake of K&H Bank...

Deals

TVnet offers symmetric DSL service

Internet service provider TVnet Kft has launched a third-generation symmetric broadband service under the name SDSL, the company announced on...

Deals

Ikarus to establish bus joint venture in China

Hungarian bus maker Ikarus Rt will establish a joint venture with Datong Hongye Investment Holding to manufacture buses in China,...

Deals

Number of fixed lines continues to drop in February

There were 3.435 million fixed line telephone connections in Hungary at the end of February, 10,000 fewer than one month...

Deals

Alstom, Transelektro win metro tender with €247 mln bid

The Budapest public transport company BKV Rt announced a consortium of France's Alstom Transport and Hungary's Ganz Transelektro Rt as...

Deals

Finance Ministry forecasts Ft 110.5 bln May deficit

The Finance Ministry announced on Friday it forecasts a general government deficit, excluding local councils, of Ft 110.5 billion in...

Deals

Hungary to spend Ft 7.5 bln repairing motorways in 2006

Hungary plans to spend Ft 7.5 billion forint repairing sections of motorways this year, Napi Gazdaság reported, citing the State...

Deals

Budapest Alapkezelő launches closed-end fund

Budapest Alapkezelő, Budapest Bank Rt's fund manager, is offering for subscription units in a new closed-end fund, called Világválogatott (World...

Deals

Fujitsu Siemens revenue in Hungary increases 42%

The Hungarian unit of Fujitsu Siemens Computers had revenue of €45.8 million in its business year ended March 31, 42%...

Deals

Tesco appoints new CEO at Hungarian unit

Tesco Global Stores Zrt, the Hungarian unit of UK supermarket giant Tesco, will have a new CEO from August 1,...

Deals

Fotex stake in Domus rises to 99.24% after squeeze-out

Holding company Fotex Rt announced on Thursday it had acquired 9,807 shares in furniture company Domus Rt in a squeeze-out...

Deals

Pannonplast completes sale of Polifoam unit

Plastic parts company Pannonplast Rt announced on Wednesday it closed the sale of a 51% stake in its unit Polifoam...

Deals

Bookkeepers Mazars, Metrum to merge

French-owned Mazars Kft, a major auditing, tax consulting, and bookkeeping firm, and Metrum Kft, a leading Hungarian-owned peer, will link...

Deals

SME confidence index unchanged in May

Economic research institute Ecostat's SME confidence index measured 51% in May, unchanged from April, but 11 percentage points higher than...

Deals

Rahimkulov raises stake in BorsodChem to 25.16%

Megdet Rahimkulov, the head of ÁÉB Bank Rt and reportedly Hungary's richest man, has raised his direct and indirect stake...

Deals

KBC Group buys 99.7% of K&H Bank

The State Financial Supervisory Authority (PSzÁF) has approved Belgian KBC Group's plan to acquire a 99.7% stake of K&H Bank...

Deals

TVnet offers symmetric DSL service

Internet service provider TVnet Kft has launched a third-generation symmetric broadband service under the name SDSL, the company announced on...

Deals

Ikarus to establish bus joint venture in China

Hungarian bus maker Ikarus Rt will establish a joint venture with Datong Hongye Investment Holding to manufacture buses in China,...

Deals

Number of fixed lines continues to drop in February

There were 3.435 million fixed line telephone connections in Hungary at the end of February, 10,000 fewer than one month...

Deals

Alstom, Transelektro win metro tender with €247 mln bid

The Budapest public transport company BKV Rt announced a consortium of France's Alstom Transport and Hungary's Ganz Transelektro Rt as...

Deals

Finance Ministry forecasts Ft 110.5 bln May deficit

The Finance Ministry announced on Friday it forecasts a general government deficit, excluding local councils, of Ft 110.5 billion in...

Deals

Hungary to spend Ft 7.5 bln repairing motorways in 2006

Hungary plans to spend Ft 7.5 billion forint repairing sections of motorways this year, Napi Gazdaság reported, citing the State...

Deals

Budapest Alapkezelő launches closed-end fund

Budapest Alapkezelő, Budapest Bank Rt's fund manager, is offering for subscription units in a new closed-end fund, called Világválogatott (World...

Deals

Fujitsu Siemens revenue in Hungary increases 42%

The Hungarian unit of Fujitsu Siemens Computers had revenue of €45.8 million in its business year ended March 31, 42%...