Tech

Telco

BSE turnover reaches HUF 217 bln in April

Share turnover on the Budapest Stock Exchange (BET) reached HUF 216.8 billion in April, the bourse said today, according to...

Telco

Erste Hungary to cut staff, restructure to save costs

The chairman-CEO of Austrian-owned Erste Bank Hungary told journalists on Friday that the lender plans to cut staff by 7-9%...

Telco

INA profitable in Q1, after loss a year ago

Croatian oil and gas company INA, a subsidiary of Hungaryʼs MOL, had net profit of HRK 199 million in the...

Telco

TakarékBank profit slips to HUF 3 bln in 2016

After-tax profit of TakarékBank, the "central bank" for Hungaryʼs savings cooperatives, fell 7% to HUF 3 billion last year, the...

Telco

MVM profit reaches HUF 48.4 bln in 2016

The state-owned Hungarian Electricity Works (MVM) had consolidated after-tax profit of HUF 48.4 billion last year, the company said yesterday....

Telco

Fastron Hungária revenues climb almost 10%

Revenues of Fastron Hungária, a domestic manufacturer of inductive components and precision sheet metal products, rose by almost 10% to...

Telco

New IKEA store to open in June in District 23

Hungary’s newest IKEA store - its third in the country - will open at 9 a.m. on June 14 in...

Telco

Corecomm SI adds solar panels to product palette

Energy firm Corecomm SI has added solar panels to its product palette with a HUF 500 million investment at its...

Telco

General gov’t deficit at 17% of full-year target in Q1

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 198.1 bln deficit by the end of March, the...

Telco

Hungary’s gross, net wages up 10.7% in February

Both gross and net earnings grew by 10.7% in February compared to the same month a year earlier, according to...

Telco

San Benedetto Hungary eyes HUF 3 bln capacity expansion

Hungarian mineral water producer Magyarvíz, the 100%-owned unit of Italyʼs San Benedetto, plans to spend HUF 3 billion on expanding...

Telco

Kecskemét canning firm eyes increasing production, staff

Hungarian canning firm Kecskeméti Konzerv is planning to spend HUF 1.89 billion on increasing production capacity, according to reports. The...

Telco

Rába AGM approves HUF 20 per-share dividend

Shareholders of automotive industry company Rába approved the boardʼs proposal to pay a HUF 20 per-share dividend on last yearʼs...

Telco

MOL AGM approves HUF 625 per-share dividend

Shareholders of MOL approved the boardʼs proposal to pay HUF 58 billion in dividends on 2016 results at the Hungarian...

Telco

Net sales of retail govʼt securities reach HUF 59.8 bln in March

Net sales of forint-denominated government securities targeted at retail investors came to HUF 59.8 billion in March, bringing the total...

Telco

BSE turnover reaches HUF 217 bln in April

Share turnover on the Budapest Stock Exchange (BET) reached HUF 216.8 billion in April, the bourse said today, according to...

Telco

Erste Hungary to cut staff, restructure to save costs

The chairman-CEO of Austrian-owned Erste Bank Hungary told journalists on Friday that the lender plans to cut staff by 7-9%...

Telco

INA profitable in Q1, after loss a year ago

Croatian oil and gas company INA, a subsidiary of Hungaryʼs MOL, had net profit of HRK 199 million in the...

Telco

TakarékBank profit slips to HUF 3 bln in 2016

After-tax profit of TakarékBank, the "central bank" for Hungaryʼs savings cooperatives, fell 7% to HUF 3 billion last year, the...

Telco

MVM profit reaches HUF 48.4 bln in 2016

The state-owned Hungarian Electricity Works (MVM) had consolidated after-tax profit of HUF 48.4 billion last year, the company said yesterday....

Telco

Fastron Hungária revenues climb almost 10%

Revenues of Fastron Hungária, a domestic manufacturer of inductive components and precision sheet metal products, rose by almost 10% to...

Telco

New IKEA store to open in June in District 23

Hungary’s newest IKEA store - its third in the country - will open at 9 a.m. on June 14 in...

Telco

Corecomm SI adds solar panels to product palette

Energy firm Corecomm SI has added solar panels to its product palette with a HUF 500 million investment at its...

Telco

General gov’t deficit at 17% of full-year target in Q1

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 198.1 bln deficit by the end of March, the...

Telco

Hungary’s gross, net wages up 10.7% in February

Both gross and net earnings grew by 10.7% in February compared to the same month a year earlier, according to...

Telco

San Benedetto Hungary eyes HUF 3 bln capacity expansion

Hungarian mineral water producer Magyarvíz, the 100%-owned unit of Italyʼs San Benedetto, plans to spend HUF 3 billion on expanding...

Telco

Kecskemét canning firm eyes increasing production, staff

Hungarian canning firm Kecskeméti Konzerv is planning to spend HUF 1.89 billion on increasing production capacity, according to reports. The...

Telco

Rába AGM approves HUF 20 per-share dividend

Shareholders of automotive industry company Rába approved the boardʼs proposal to pay a HUF 20 per-share dividend on last yearʼs...

Telco

MOL AGM approves HUF 625 per-share dividend

Shareholders of MOL approved the boardʼs proposal to pay HUF 58 billion in dividends on 2016 results at the Hungarian...

Telco

Net sales of retail govʼt securities reach HUF 59.8 bln in March

Net sales of forint-denominated government securities targeted at retail investors came to HUF 59.8 billion in March, bringing the total...

BSE turnover reaches HUF 217 bln in April

Share turnover on the Budapest Stock Exchange (BET) reached HUF 216.8 billion in April, the bourse said today, according to...

Erste Hungary to cut staff, restructure to save costs

The chairman-CEO of Austrian-owned Erste Bank Hungary told journalists on Friday that the lender plans to cut staff by 7-9%...

INA profitable in Q1, after loss a year ago

Croatian oil and gas company INA, a subsidiary of Hungaryʼs MOL, had net profit of HRK 199 million in the...

TakarékBank profit slips to HUF 3 bln in 2016

After-tax profit of TakarékBank, the "central bank" for Hungaryʼs savings cooperatives, fell 7% to HUF 3 billion last year, the...

MVM profit reaches HUF 48.4 bln in 2016

The state-owned Hungarian Electricity Works (MVM) had consolidated after-tax profit of HUF 48.4 billion last year, the company said yesterday....

Fastron Hungária revenues climb almost 10%

Revenues of Fastron Hungária, a domestic manufacturer of inductive components and precision sheet metal products, rose by almost 10% to...

New IKEA store to open in June in District 23

Hungary’s newest IKEA store - its third in the country - will open at 9 a.m. on June 14 in...

Corecomm SI adds solar panels to product palette

Energy firm Corecomm SI has added solar panels to its product palette with a HUF 500 million investment at its...

General gov’t deficit at 17% of full-year target in Q1

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 198.1 bln deficit by the end of March, the...

Hungary’s gross, net wages up 10.7% in February

Both gross and net earnings grew by 10.7% in February compared to the same month a year earlier, according to...

San Benedetto Hungary eyes HUF 3 bln capacity expansion

Hungarian mineral water producer Magyarvíz, the 100%-owned unit of Italyʼs San Benedetto, plans to spend HUF 3 billion on expanding...

Kecskemét canning firm eyes increasing production, staff

Hungarian canning firm Kecskeméti Konzerv is planning to spend HUF 1.89 billion on increasing production capacity, according to reports. The...

Rába AGM approves HUF 20 per-share dividend

Shareholders of automotive industry company Rába approved the boardʼs proposal to pay a HUF 20 per-share dividend on last yearʼs...

MOL AGM approves HUF 625 per-share dividend

Shareholders of MOL approved the boardʼs proposal to pay HUF 58 billion in dividends on 2016 results at the Hungarian...

Net sales of retail govʼt securities reach HUF 59.8 bln in March

Net sales of forint-denominated government securities targeted at retail investors came to HUF 59.8 billion in March, bringing the total...