Business

Retail

Icecat now available in Hungarian

Dutch company Icecat, a global content syndication network for consumer electronics and office supply product groups, is now available in...

Sustainability

Demand for new homes weaker in Budapest

The average time it takes to sell a new home in Budapest has grown to six months. Sales figures indicate...

Telco

Profit higher, bad debts lower at Hungaryʼs OTP

Fourth-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, jumped 159% year-on-year to HUF 68.5 billion, lifted by an...

Deals

New managing director to head Canon Hungária

As of January 1, a new managing director, Jaap van ’t Ooster has been in post at Canon Hungária Kft....

Telco

MNB allocates HUF 50 bln of MIRS at tender

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

Sustainability

Duna House profit slips 21% in 2017

Listed real estate broker Duna Houseʼs after-tax profit fell 21% to HUF 918 million last year, an earnings report released...

Sustainability

CSOK home subsidy scheme expands in March

The government will expand its home purchase subsidy scheme for families with children, known by its Hungarian acronym "CSOK," from...

Deals

CEPOL executive director concludes 8-year term

Ferenc Bánfi, the Executive Director of CEPOL, the Budapest-based European Union Agency for Law Enforcement Training, concluded his eight-year term...

Deals

Immofinanz suspends merger talks with CA Immo

The supervisory and executive boards of commercial real estate company Immofinanz AG decided Wednesday to continue to suspend detailed discussions...

Competition

Employees seek appreciation, rather than money

Most employees are not quitting their jobs for financial reasons, according to research conducted last year. Companies lose on average...

Retail

Webstores seen unlikely to kill traditional shops

E-commerce could generate annual revenues as high as HUF 1,100 billion by 2021 in Hungary, but this will not pose...

Telco

Ad spending in Hungary rises almost 12% in 2017

Spending on advertising in Hungary rose 11.5% to HUF 241 billion last year, the Hungarian Advertising Association (MRSZ) said on...

Sustainability

Investments up nearly 17% to historic high in 2017

In the fourth quarter of 2017, the dynamic increase in investments in the national economy continued, as the volume of...

Telco

Profits of Hungarian banks jump 50% in 2017

After-tax profits of Hungaryʼs banking sector climbed 50% to HUF 632.4 billion last year, lifted by higher revenue from commissions...

Telco

Profits of Hungarian brokerages soar in 2017

Investment services companies closed the year 2017 with combined net profit of more than HUF 6 billion, some 50% more...

Retail

Icecat now available in Hungarian

Dutch company Icecat, a global content syndication network for consumer electronics and office supply product groups, is now available in...

Sustainability

Demand for new homes weaker in Budapest

The average time it takes to sell a new home in Budapest has grown to six months. Sales figures indicate...

Telco

Profit higher, bad debts lower at Hungaryʼs OTP

Fourth-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, jumped 159% year-on-year to HUF 68.5 billion, lifted by an...

Deals

New managing director to head Canon Hungária

As of January 1, a new managing director, Jaap van ’t Ooster has been in post at Canon Hungária Kft....

Telco

MNB allocates HUF 50 bln of MIRS at tender

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

Sustainability

Duna House profit slips 21% in 2017

Listed real estate broker Duna Houseʼs after-tax profit fell 21% to HUF 918 million last year, an earnings report released...

Sustainability

CSOK home subsidy scheme expands in March

The government will expand its home purchase subsidy scheme for families with children, known by its Hungarian acronym "CSOK," from...

Deals

CEPOL executive director concludes 8-year term

Ferenc Bánfi, the Executive Director of CEPOL, the Budapest-based European Union Agency for Law Enforcement Training, concluded his eight-year term...

Deals

Immofinanz suspends merger talks with CA Immo

The supervisory and executive boards of commercial real estate company Immofinanz AG decided Wednesday to continue to suspend detailed discussions...

Competition

Employees seek appreciation, rather than money

Most employees are not quitting their jobs for financial reasons, according to research conducted last year. Companies lose on average...

Retail

Webstores seen unlikely to kill traditional shops

E-commerce could generate annual revenues as high as HUF 1,100 billion by 2021 in Hungary, but this will not pose...

Telco

Ad spending in Hungary rises almost 12% in 2017

Spending on advertising in Hungary rose 11.5% to HUF 241 billion last year, the Hungarian Advertising Association (MRSZ) said on...

Sustainability

Investments up nearly 17% to historic high in 2017

In the fourth quarter of 2017, the dynamic increase in investments in the national economy continued, as the volume of...

Telco

Profits of Hungarian banks jump 50% in 2017

After-tax profits of Hungaryʼs banking sector climbed 50% to HUF 632.4 billion last year, lifted by higher revenue from commissions...

Telco

Profits of Hungarian brokerages soar in 2017

Investment services companies closed the year 2017 with combined net profit of more than HUF 6 billion, some 50% more...

Icecat now available in Hungarian

Dutch company Icecat, a global content syndication network for consumer electronics and office supply product groups, is now available in...

Demand for new homes weaker in Budapest

The average time it takes to sell a new home in Budapest has grown to six months. Sales figures indicate...

Profit higher, bad debts lower at Hungaryʼs OTP

Fourth-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, jumped 159% year-on-year to HUF 68.5 billion, lifted by an...

New managing director to head Canon Hungária

As of January 1, a new managing director, Jaap van ’t Ooster has been in post at Canon Hungária Kft....

MNB allocates HUF 50 bln of MIRS at tender

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

Duna House profit slips 21% in 2017

Listed real estate broker Duna Houseʼs after-tax profit fell 21% to HUF 918 million last year, an earnings report released...

CSOK home subsidy scheme expands in March

The government will expand its home purchase subsidy scheme for families with children, known by its Hungarian acronym "CSOK," from...

CEPOL executive director concludes 8-year term

Ferenc Bánfi, the Executive Director of CEPOL, the Budapest-based European Union Agency for Law Enforcement Training, concluded his eight-year term...

Immofinanz suspends merger talks with CA Immo

The supervisory and executive boards of commercial real estate company Immofinanz AG decided Wednesday to continue to suspend detailed discussions...

Employees seek appreciation, rather than money

Most employees are not quitting their jobs for financial reasons, according to research conducted last year. Companies lose on average...

Webstores seen unlikely to kill traditional shops

E-commerce could generate annual revenues as high as HUF 1,100 billion by 2021 in Hungary, but this will not pose...

Ad spending in Hungary rises almost 12% in 2017

Spending on advertising in Hungary rose 11.5% to HUF 241 billion last year, the Hungarian Advertising Association (MRSZ) said on...

Investments up nearly 17% to historic high in 2017

In the fourth quarter of 2017, the dynamic increase in investments in the national economy continued, as the volume of...

Profits of Hungarian banks jump 50% in 2017

After-tax profits of Hungaryʼs banking sector climbed 50% to HUF 632.4 billion last year, lifted by higher revenue from commissions...

Profits of Hungarian brokerages soar in 2017

Investment services companies closed the year 2017 with combined net profit of more than HUF 6 billion, some 50% more...