Business

Construction

Construction output stalls in March

The volume of construction output was just 1.4% higher in March 2018 than the same month a year earlier, slowing...

Telco

OTP Q1 profit boosted by business abroad

First-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, jumped 23% year-on-year to HUF 65.1 billion, as foreign businesses...

Telco

MNB tender raises ‘fine-tuning’ FX swap stock

The National Bank of Hungary (MNB) on Friday injected HUF 19.4 billion forint liquidity into the Hungarian banking system through...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS) designed to...

Competition

GVH clears Digiʼs acquisition of Invitel

The Hungarian Competition Authority (GVH) has cleared the acquisition of Invitel Távközlési Zrt. by Hungarian TV, telecommunications and internet service...

Telco

Csányi still Hungaryʼs richest, Mészáros closing in

Sándor Csányi, the agribusiness magnate and chairman-CEO of OTP Bank, remains at the top of news portal Napi.huʼs list of...

Sustainability

ECE to build EUR 200 mln shopping mall in capital

German property developer ECE on Wednesday announced plans to build a EUR 200 million shopping center in the north of...

Telco

MTel growth stable and assured, says CEO

Magyar Telekomʼs growth is stable and assured, outgoing CEO Christopher Mattheisen said at a press conference Wednesday, a day after...

Competition

Vodafone to acquire UPC Hungary

Vodafone Group Plc announced today that it has agreed to acquire UPC Hungary (excluding its Direct Home business), as part...

Automotive

Industrial production drops 2.4% in March

In March 2018, the volume of industrial output declined by 2.4% compared to last year’s high base. Based on working...

Office Market

BudaPart Gate – Gateway to the Future

As the years go by and new generations enter the world of work, employee well-being is becoming more and more...

Telco

Richter financial loss weighs on earnings

Hungarian drugmaker Gedeon Richterʼs first-quarter net income fell 30% year-on-year to HUF 14.5 billion, dragged down by financial losses even...

Deals

General govʼt deficit close to 80% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.081 trillion deficit at the end of April, the...

Office Market

The Cost of Going Green

While there is no denying that Budapest’s building stock is becoming greener (all new builds have green accreditation nowadays), it...

Office Market

Futureal Group developing ambitious Budapest office project

Futureal Group says it is developing its biggest office project in Budapest, next to Hungary’s largest multimodal transportation hub. The...

Construction

Construction output stalls in March

The volume of construction output was just 1.4% higher in March 2018 than the same month a year earlier, slowing...

Telco

OTP Q1 profit boosted by business abroad

First-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, jumped 23% year-on-year to HUF 65.1 billion, as foreign businesses...

Telco

MNB tender raises ‘fine-tuning’ FX swap stock

The National Bank of Hungary (MNB) on Friday injected HUF 19.4 billion forint liquidity into the Hungarian banking system through...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS) designed to...

Competition

GVH clears Digiʼs acquisition of Invitel

The Hungarian Competition Authority (GVH) has cleared the acquisition of Invitel Távközlési Zrt. by Hungarian TV, telecommunications and internet service...

Telco

Csányi still Hungaryʼs richest, Mészáros closing in

Sándor Csányi, the agribusiness magnate and chairman-CEO of OTP Bank, remains at the top of news portal Napi.huʼs list of...

Sustainability

ECE to build EUR 200 mln shopping mall in capital

German property developer ECE on Wednesday announced plans to build a EUR 200 million shopping center in the north of...

Telco

MTel growth stable and assured, says CEO

Magyar Telekomʼs growth is stable and assured, outgoing CEO Christopher Mattheisen said at a press conference Wednesday, a day after...

Competition

Vodafone to acquire UPC Hungary

Vodafone Group Plc announced today that it has agreed to acquire UPC Hungary (excluding its Direct Home business), as part...

Automotive

Industrial production drops 2.4% in March

In March 2018, the volume of industrial output declined by 2.4% compared to last year’s high base. Based on working...

Office Market

BudaPart Gate – Gateway to the Future

As the years go by and new generations enter the world of work, employee well-being is becoming more and more...

Telco

Richter financial loss weighs on earnings

Hungarian drugmaker Gedeon Richterʼs first-quarter net income fell 30% year-on-year to HUF 14.5 billion, dragged down by financial losses even...

Deals

General govʼt deficit close to 80% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.081 trillion deficit at the end of April, the...

Office Market

The Cost of Going Green

While there is no denying that Budapest’s building stock is becoming greener (all new builds have green accreditation nowadays), it...

Office Market

Futureal Group developing ambitious Budapest office project

Futureal Group says it is developing its biggest office project in Budapest, next to Hungary’s largest multimodal transportation hub. The...

Construction output stalls in March

The volume of construction output was just 1.4% higher in March 2018 than the same month a year earlier, slowing...

OTP Q1 profit boosted by business abroad

First-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, jumped 23% year-on-year to HUF 65.1 billion, as foreign businesses...

MNB tender raises ‘fine-tuning’ FX swap stock

The National Bank of Hungary (MNB) on Friday injected HUF 19.4 billion forint liquidity into the Hungarian banking system through...

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS) designed to...

GVH clears Digiʼs acquisition of Invitel

The Hungarian Competition Authority (GVH) has cleared the acquisition of Invitel Távközlési Zrt. by Hungarian TV, telecommunications and internet service...

Csányi still Hungaryʼs richest, Mészáros closing in

Sándor Csányi, the agribusiness magnate and chairman-CEO of OTP Bank, remains at the top of news portal Napi.huʼs list of...

ECE to build EUR 200 mln shopping mall in capital

German property developer ECE on Wednesday announced plans to build a EUR 200 million shopping center in the north of...

MTel growth stable and assured, says CEO

Magyar Telekomʼs growth is stable and assured, outgoing CEO Christopher Mattheisen said at a press conference Wednesday, a day after...

Vodafone to acquire UPC Hungary

Vodafone Group Plc announced today that it has agreed to acquire UPC Hungary (excluding its Direct Home business), as part...

Industrial production drops 2.4% in March

In March 2018, the volume of industrial output declined by 2.4% compared to last year’s high base. Based on working...

BudaPart Gate – Gateway to the Future

As the years go by and new generations enter the world of work, employee well-being is becoming more and more...

Richter financial loss weighs on earnings

Hungarian drugmaker Gedeon Richterʼs first-quarter net income fell 30% year-on-year to HUF 14.5 billion, dragged down by financial losses even...

General govʼt deficit close to 80% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.081 trillion deficit at the end of April, the...

The Cost of Going Green

While there is no denying that Budapest’s building stock is becoming greener (all new builds have green accreditation nowadays), it...

Futureal Group developing ambitious Budapest office project

Futureal Group says it is developing its biggest office project in Budapest, next to Hungary’s largest multimodal transportation hub. The...