Business

Telco

Lada Hungary targets 1,100 car sales this year

Lada Hungary targets sales of about 1,100 Lada brand cars this year, up from 1,060 in 2017, Managing Director András...

Construction

Efficiency and labor lacking in construction sector

The biggest problem with the Hungarian construction sector is efficiency. By way of comparison, Austrian construction output is six times...

Telco

Richter board proposes HUF 68 per-share dividend

The board of drugmaker Gedeon Richter will propose to shareholders payment of a HUF 68 per-share dividend on last yearʼs...

Telco

Investment fund assets edge up in February

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) edged...

Deals

Waberer’s buys out minority partner, but private placement fails

Waberer’s International had a busy day on Wednesday regarding the acquisition and attempted sale of company stakes, with one offer...

Industrial

Developer CTP expands its portfolio in Hungary

Commercial real estate developer and manager CTP announced on Wednesday two new land acquisitions in strategic locations. Construction at both...

Pharma

Chocolatierʼs HUF 3.3 bln grant partly a ‘diplomatic response’

Family-owned Árklub announced plans Wednesday to build an HUF 8.3 billion chocolate factory in Bátonyterenye (97 km northeast of Budapest)....

Telco

Deficit confirmed nearing 40% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 526.6 billion deficit at the end of February, the...

Competition

Vienna 1st, Budapest 76th most liveable city in the world

Vienna remained on top for the ninth year as the city with the best quality of living, according to an...

Competition

Czech investor to buy Telenor Hungary

Norwegian telecom Telenor has entered into an agreement to sell its assets in Central and Eastern Europe (CEE) to the...

Telco

Awarding of EU funds in current cycle almost complete

Only 8% of European Union funds available to Hungary for the 2014-2020 funding period, or just HUF 708 billion, remains...

Pharma

GE vows to maximize local suppliers for Paks project

General Electric (GE) plans to boost the value of purchases from some 1,300 certified suppliers in Hungary from the current...

Deals

Eyewear startup enters partnership with optician chain

Two years after starting production, Hungarian custom-fitted and 3D-printed spectacles maker Forma Eyewear has announced its acquisition by FHO (First...

Telco

Gross monthly wages top HUF 310,000 in January

In January 2018, both average gross wages and average net wages were 13.8% higher than a year earlier, according to...

Deals

CIG Pannónia expands to Baltic states

Hungarian insurer CIG Pannónia is making inroads into markets in two of the Baltic states through its general insurance unit...

Telco

Lada Hungary targets 1,100 car sales this year

Lada Hungary targets sales of about 1,100 Lada brand cars this year, up from 1,060 in 2017, Managing Director András...

Construction

Efficiency and labor lacking in construction sector

The biggest problem with the Hungarian construction sector is efficiency. By way of comparison, Austrian construction output is six times...

Telco

Richter board proposes HUF 68 per-share dividend

The board of drugmaker Gedeon Richter will propose to shareholders payment of a HUF 68 per-share dividend on last yearʼs...

Telco

Investment fund assets edge up in February

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) edged...

Deals

Waberer’s buys out minority partner, but private placement fails

Waberer’s International had a busy day on Wednesday regarding the acquisition and attempted sale of company stakes, with one offer...

Industrial

Developer CTP expands its portfolio in Hungary

Commercial real estate developer and manager CTP announced on Wednesday two new land acquisitions in strategic locations. Construction at both...

Pharma

Chocolatierʼs HUF 3.3 bln grant partly a ‘diplomatic response’

Family-owned Árklub announced plans Wednesday to build an HUF 8.3 billion chocolate factory in Bátonyterenye (97 km northeast of Budapest)....

Telco

Deficit confirmed nearing 40% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 526.6 billion deficit at the end of February, the...

Competition

Vienna 1st, Budapest 76th most liveable city in the world

Vienna remained on top for the ninth year as the city with the best quality of living, according to an...

Competition

Czech investor to buy Telenor Hungary

Norwegian telecom Telenor has entered into an agreement to sell its assets in Central and Eastern Europe (CEE) to the...

Telco

Awarding of EU funds in current cycle almost complete

Only 8% of European Union funds available to Hungary for the 2014-2020 funding period, or just HUF 708 billion, remains...

Pharma

GE vows to maximize local suppliers for Paks project

General Electric (GE) plans to boost the value of purchases from some 1,300 certified suppliers in Hungary from the current...

Deals

Eyewear startup enters partnership with optician chain

Two years after starting production, Hungarian custom-fitted and 3D-printed spectacles maker Forma Eyewear has announced its acquisition by FHO (First...

Telco

Gross monthly wages top HUF 310,000 in January

In January 2018, both average gross wages and average net wages were 13.8% higher than a year earlier, according to...

Deals

CIG Pannónia expands to Baltic states

Hungarian insurer CIG Pannónia is making inroads into markets in two of the Baltic states through its general insurance unit...

Lada Hungary targets 1,100 car sales this year

Lada Hungary targets sales of about 1,100 Lada brand cars this year, up from 1,060 in 2017, Managing Director András...

Efficiency and labor lacking in construction sector

The biggest problem with the Hungarian construction sector is efficiency. By way of comparison, Austrian construction output is six times...

Richter board proposes HUF 68 per-share dividend

The board of drugmaker Gedeon Richter will propose to shareholders payment of a HUF 68 per-share dividend on last yearʼs...

Investment fund assets edge up in February

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) edged...

Waberer’s buys out minority partner, but private placement fails

Waberer’s International had a busy day on Wednesday regarding the acquisition and attempted sale of company stakes, with one offer...

Developer CTP expands its portfolio in Hungary

Commercial real estate developer and manager CTP announced on Wednesday two new land acquisitions in strategic locations. Construction at both...

Chocolatierʼs HUF 3.3 bln grant partly a ‘diplomatic response’

Family-owned Árklub announced plans Wednesday to build an HUF 8.3 billion chocolate factory in Bátonyterenye (97 km northeast of Budapest)....

Deficit confirmed nearing 40% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 526.6 billion deficit at the end of February, the...

Vienna 1st, Budapest 76th most liveable city in the world

Vienna remained on top for the ninth year as the city with the best quality of living, according to an...

Czech investor to buy Telenor Hungary

Norwegian telecom Telenor has entered into an agreement to sell its assets in Central and Eastern Europe (CEE) to the...

Awarding of EU funds in current cycle almost complete

Only 8% of European Union funds available to Hungary for the 2014-2020 funding period, or just HUF 708 billion, remains...

GE vows to maximize local suppliers for Paks project

General Electric (GE) plans to boost the value of purchases from some 1,300 certified suppliers in Hungary from the current...

Eyewear startup enters partnership with optician chain

Two years after starting production, Hungarian custom-fitted and 3D-printed spectacles maker Forma Eyewear has announced its acquisition by FHO (First...

Gross monthly wages top HUF 310,000 in January

In January 2018, both average gross wages and average net wages were 13.8% higher than a year earlier, according to...

CIG Pannónia expands to Baltic states

Hungarian insurer CIG Pannónia is making inroads into markets in two of the Baltic states through its general insurance unit...