Business

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...

Deals

Hungaryʼs Solvo Biotechnology sold to French investor

Franceʼs Citoxlab Group has obtained a majority stake in Solvo Biotechnology, a Hungarian company that is a global leader in...

Telco

MNB FX swap stock unchanged after tender

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will remain unchanged at HUF 1,525 billion...

Industrial

Warehouse space scarce despite developments

Available warehouse space is continuously shrinking in Hungary, despite significant developer activity last year, which saw ten projects add some...

Telco

Toy stores gear up for busy Easter period

Toy stores expect record revenues this year in the Easter period, according to distributors. Although web store revenues are growing,...

Deals

Romaniaʼs central bank vetoes OTP acquisition bid

In a surprise move, the National Bank of Romania has rejected a request for approval by the Romanian unit of...

Telco

Erbslöh to expand capacity in Hungary

Erbslöh Hungária, a unit of German automotive group WKW, will spend HUF 14 billion to build a 1,500 square-meter production...

Automotive

Audi Hungária revenues over EUR 7 bln last year

Revenues of the local unit of German automobile manufacturer Audi edged up 1% to EUR 7.136 billion in 2017. Capital...

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...

Interview

MNB policy makers make no mention of future ‘fine-tuning’

The Monetary Council of the National Bank of Hungary (MNB) said it would continue to use its extended set of...

Telco

Hungarian insurers see premium revenues climb 7% in 2017

Hungarian insurersʼ combined revenues from premiums rose 7% to HUF 948.1 billion last year, data released by the National Bank...

Automotive

Manufacturing lifts Hungaryʼs industrial output in January

In January 2018, the volume of industrial output rose by 6.9% year-on-year, according to a second, detailed estimate of monthly...

Construction

Construction output leaps 43.2% in January

The volume of construction output was 43.2% higher in January 2018 than a year earlier. Output increased in both main...

Deals

Trade finance professionals head for Budapest

The Association of International Credit and Trade Finance Professionals (ICTF) will be hosting its International Credit Professionals Symposium at the...

Telco

Garantiqa surety stock reaches HUF 570 bln in 2017

The surety stock of Garantiqa Hitelgarancia rose 28% to HUF 570 billion last year, the state-owned credit guarantor said on...

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...

Deals

Hungaryʼs Solvo Biotechnology sold to French investor

Franceʼs Citoxlab Group has obtained a majority stake in Solvo Biotechnology, a Hungarian company that is a global leader in...

Telco

MNB FX swap stock unchanged after tender

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will remain unchanged at HUF 1,525 billion...

Industrial

Warehouse space scarce despite developments

Available warehouse space is continuously shrinking in Hungary, despite significant developer activity last year, which saw ten projects add some...

Telco

Toy stores gear up for busy Easter period

Toy stores expect record revenues this year in the Easter period, according to distributors. Although web store revenues are growing,...

Deals

Romaniaʼs central bank vetoes OTP acquisition bid

In a surprise move, the National Bank of Romania has rejected a request for approval by the Romanian unit of...

Telco

Erbslöh to expand capacity in Hungary

Erbslöh Hungária, a unit of German automotive group WKW, will spend HUF 14 billion to build a 1,500 square-meter production...

Automotive

Audi Hungária revenues over EUR 7 bln last year

Revenues of the local unit of German automobile manufacturer Audi edged up 1% to EUR 7.136 billion in 2017. Capital...

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...

Interview

MNB policy makers make no mention of future ‘fine-tuning’

The Monetary Council of the National Bank of Hungary (MNB) said it would continue to use its extended set of...

Telco

Hungarian insurers see premium revenues climb 7% in 2017

Hungarian insurersʼ combined revenues from premiums rose 7% to HUF 948.1 billion last year, data released by the National Bank...

Automotive

Manufacturing lifts Hungaryʼs industrial output in January

In January 2018, the volume of industrial output rose by 6.9% year-on-year, according to a second, detailed estimate of monthly...

Construction

Construction output leaps 43.2% in January

The volume of construction output was 43.2% higher in January 2018 than a year earlier. Output increased in both main...

Deals

Trade finance professionals head for Budapest

The Association of International Credit and Trade Finance Professionals (ICTF) will be hosting its International Credit Professionals Symposium at the...

Telco

Garantiqa surety stock reaches HUF 570 bln in 2017

The surety stock of Garantiqa Hitelgarancia rose 28% to HUF 570 billion last year, the state-owned credit guarantor said on...

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...

Hungaryʼs Solvo Biotechnology sold to French investor

Franceʼs Citoxlab Group has obtained a majority stake in Solvo Biotechnology, a Hungarian company that is a global leader in...

MNB FX swap stock unchanged after tender

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will remain unchanged at HUF 1,525 billion...

Warehouse space scarce despite developments

Available warehouse space is continuously shrinking in Hungary, despite significant developer activity last year, which saw ten projects add some...

Toy stores gear up for busy Easter period

Toy stores expect record revenues this year in the Easter period, according to distributors. Although web store revenues are growing,...

Romaniaʼs central bank vetoes OTP acquisition bid

In a surprise move, the National Bank of Romania has rejected a request for approval by the Romanian unit of...

Erbslöh to expand capacity in Hungary

Erbslöh Hungária, a unit of German automotive group WKW, will spend HUF 14 billion to build a 1,500 square-meter production...

Audi Hungária revenues over EUR 7 bln last year

Revenues of the local unit of German automobile manufacturer Audi edged up 1% to EUR 7.136 billion in 2017. Capital...

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...

MNB policy makers make no mention of future ‘fine-tuning’

The Monetary Council of the National Bank of Hungary (MNB) said it would continue to use its extended set of...

Hungarian insurers see premium revenues climb 7% in 2017

Hungarian insurersʼ combined revenues from premiums rose 7% to HUF 948.1 billion last year, data released by the National Bank...

Manufacturing lifts Hungaryʼs industrial output in January

In January 2018, the volume of industrial output rose by 6.9% year-on-year, according to a second, detailed estimate of monthly...

Construction output leaps 43.2% in January

The volume of construction output was 43.2% higher in January 2018 than a year earlier. Output increased in both main...

Trade finance professionals head for Budapest

The Association of International Credit and Trade Finance Professionals (ICTF) will be hosting its International Credit Professionals Symposium at the...

Garantiqa surety stock reaches HUF 570 bln in 2017

The surety stock of Garantiqa Hitelgarancia rose 28% to HUF 570 billion last year, the state-owned credit guarantor said on...