Tech

Telco

New IKEA store opens next week

The third Hungarian store of multinational home furnishings giant IKEA opens on June 14 in Soroksár in the capitalʼs District...

Telco

General gov’t runs HUF 213.4 bln deficit at end of May

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 213.4 billion deficit at the end of May, preliminary...

Telco

MNB allots HUF 100 bln at one-month EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros at a tender on...

Telco

Lawmakers raise 2018 budget spending by over HUF 125 bln

Parliamentʼs budget committee finalised more than HUF 125 billion in additional expenditures, balanced out by extra revenue and trimmed spending...

Telco

Hungarian baths’ revenues up 3% last year

The revenues of all baths and spas operating in Hungary rose by 3% last year and reached HUF 144 billion,...

Telco

Magyar Posta revenues up, profit down in 2016

Revenues of Magyar Posta edged up 1% to HUF 191 billion last year, the state-owned postal company told MTI. After-tax...

Telco

Banking sector profits fall in Q1 as operating costs climb

Hungarian banksʼ combined after-tax profits fell 9% year-on-year to HUF 175 billion in the first quarter as operating costs jumped,...

Telco

SZHISZ acquires additional supervisory powers

Many of the prudential supervisory powers of the National Bank of Hungary (MNB) over savings cooperatives will be transferred to...

Telco

MNB allots HUF 200 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 200 billion of forint swaps against euros at tenders on Monday, the...

Telco

Investment fundsʼ net assets climb over HUF 6.1 tln

The net asset value of investment funds in Hungary rose 5% to HUF 6.105 trillion in the 12 months to...

Telco

Garantiqa surety stock climbs 21% in 2016

Garantiqa Hitelgaranciaʼs surety stock rose 21% to HUF 443 billion in 2016, Hungaryʼs biggest credit guarantor said on Friday, according...

Telco

PIO-21 makes buyout offer for BIF

Holding company PIO-21 has made a public buyout offer for all of the shares of the Budapest Stock Exchange-listed property...

Telco

Duna House Q1 sales jump 37% but profit edges down

Real estate company Duna Houseʼs first-quarter after-tax profit edged down 9% year-on-year to HUF 266 million, an earnings report released...

Telco

State lotto companyʼs revenue HUF 385.5 bln in 2016

Revenue of state-owned lottery company Szerencsejáték rose 10% to HUF 385.5 billion last year, it told MTI....

Telco

Zwack board proposes HUF 1,050 dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a dividend of HUF 1,050 per share...

Telco

New IKEA store opens next week

The third Hungarian store of multinational home furnishings giant IKEA opens on June 14 in Soroksár in the capitalʼs District...

Telco

General gov’t runs HUF 213.4 bln deficit at end of May

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 213.4 billion deficit at the end of May, preliminary...

Telco

MNB allots HUF 100 bln at one-month EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros at a tender on...

Telco

Lawmakers raise 2018 budget spending by over HUF 125 bln

Parliamentʼs budget committee finalised more than HUF 125 billion in additional expenditures, balanced out by extra revenue and trimmed spending...

Telco

Hungarian baths’ revenues up 3% last year

The revenues of all baths and spas operating in Hungary rose by 3% last year and reached HUF 144 billion,...

Telco

Magyar Posta revenues up, profit down in 2016

Revenues of Magyar Posta edged up 1% to HUF 191 billion last year, the state-owned postal company told MTI. After-tax...

Telco

Banking sector profits fall in Q1 as operating costs climb

Hungarian banksʼ combined after-tax profits fell 9% year-on-year to HUF 175 billion in the first quarter as operating costs jumped,...

Telco

SZHISZ acquires additional supervisory powers

Many of the prudential supervisory powers of the National Bank of Hungary (MNB) over savings cooperatives will be transferred to...

Telco

MNB allots HUF 200 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 200 billion of forint swaps against euros at tenders on Monday, the...

Telco

Investment fundsʼ net assets climb over HUF 6.1 tln

The net asset value of investment funds in Hungary rose 5% to HUF 6.105 trillion in the 12 months to...

Telco

Garantiqa surety stock climbs 21% in 2016

Garantiqa Hitelgaranciaʼs surety stock rose 21% to HUF 443 billion in 2016, Hungaryʼs biggest credit guarantor said on Friday, according...

Telco

PIO-21 makes buyout offer for BIF

Holding company PIO-21 has made a public buyout offer for all of the shares of the Budapest Stock Exchange-listed property...

Telco

Duna House Q1 sales jump 37% but profit edges down

Real estate company Duna Houseʼs first-quarter after-tax profit edged down 9% year-on-year to HUF 266 million, an earnings report released...

Telco

State lotto companyʼs revenue HUF 385.5 bln in 2016

Revenue of state-owned lottery company Szerencsejáték rose 10% to HUF 385.5 billion last year, it told MTI....

Telco

Zwack board proposes HUF 1,050 dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a dividend of HUF 1,050 per share...

New IKEA store opens next week

The third Hungarian store of multinational home furnishings giant IKEA opens on June 14 in Soroksár in the capitalʼs District...

General gov’t runs HUF 213.4 bln deficit at end of May

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 213.4 billion deficit at the end of May, preliminary...

MNB allots HUF 100 bln at one-month EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros at a tender on...

Lawmakers raise 2018 budget spending by over HUF 125 bln

Parliamentʼs budget committee finalised more than HUF 125 billion in additional expenditures, balanced out by extra revenue and trimmed spending...

Hungarian baths’ revenues up 3% last year

The revenues of all baths and spas operating in Hungary rose by 3% last year and reached HUF 144 billion,...

Magyar Posta revenues up, profit down in 2016

Revenues of Magyar Posta edged up 1% to HUF 191 billion last year, the state-owned postal company told MTI. After-tax...

Banking sector profits fall in Q1 as operating costs climb

Hungarian banksʼ combined after-tax profits fell 9% year-on-year to HUF 175 billion in the first quarter as operating costs jumped,...

SZHISZ acquires additional supervisory powers

Many of the prudential supervisory powers of the National Bank of Hungary (MNB) over savings cooperatives will be transferred to...

MNB allots HUF 200 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 200 billion of forint swaps against euros at tenders on Monday, the...

Investment fundsʼ net assets climb over HUF 6.1 tln

The net asset value of investment funds in Hungary rose 5% to HUF 6.105 trillion in the 12 months to...

Garantiqa surety stock climbs 21% in 2016

Garantiqa Hitelgaranciaʼs surety stock rose 21% to HUF 443 billion in 2016, Hungaryʼs biggest credit guarantor said on Friday, according...

PIO-21 makes buyout offer for BIF

Holding company PIO-21 has made a public buyout offer for all of the shares of the Budapest Stock Exchange-listed property...

Duna House Q1 sales jump 37% but profit edges down

Real estate company Duna Houseʼs first-quarter after-tax profit edged down 9% year-on-year to HUF 266 million, an earnings report released...

State lotto companyʼs revenue HUF 385.5 bln in 2016

Revenue of state-owned lottery company Szerencsejáték rose 10% to HUF 385.5 billion last year, it told MTI....

Zwack board proposes HUF 1,050 dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a dividend of HUF 1,050 per share...