Tech

Telco

OTP AGM approves HUF 190 per-share dividend

Shareholders of Hungarian bank OTP approved the boardʼs proposal to pay a dividend of HUF 190 per share on last...

Telco

BP SSC starts operations in Szeged

The new shared services center (SSC) of British multinational oil and gas company BP started initial operations in Szeged on...

Telco

Gov’t clears procurement of MÁV-built IC+ carriages

The Hungarian government has cleared the passenger unit of state-owned railway company MÁV to procure HUF 45.4 billion of IC+...

Telco

Hunent to build HUF 12 bln waterfowl processing plant

Hungarian waterfowl processing company Hunent will build a HUF 12.5 bln duck processing plant through a greenfield investment in Mélykút,...

Telco

Groupama Biztosító premium revenues up 4% in 2016

Hungarian insurer Groupama Biztosítóʼs revenue from premiums rose 4.3% to HUF 97.4 billion last year, the unit of Franceʼs Groupama...

Telco

Magyar Telekom AGM approves HUF 25-per-share dividend

Shareholders of Magyar Telekom (MTel) approved the boardʼs proposal to pay a HUF 25-per-share dividend on last yearʼs earnings at...

Telco

General gov’t runs HUF 198.1 bln deficit at end of March

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

Telco

BBCA to get HUF 42 bln MFB loan for citric acid plant

The state-owned Hungarian Development Bank (MFB) is providing a HUF 42 billion loan, guaranteed by the Bank of China, for...

Telco

Kométa revenues climb to HUF 36 bln in 2016

Italian-owned meat company Kométa 99ʼs revenues rose by HUF 6 billion to HUF 36 bln in 2016, the company told...

Telco

Alteo board proposes HUF 130 per-share dividend

The board of alternative energy company Alteo will propose to shareholders payment of a HUF 130 per-share dividend on last...

Telco

Gránit Bank pre-tax profit climbs to HUF 240 mln

Gránit Bankʼs pre-tax profit rose to HUF 240 million last year, Minister for National Economy Mihály Varga said at the...

Telco

Deficit as proportion of GDP was 1.7% in 2016

The deficit of the general government sector in 2016 was HUF 609.7 billion, 1.7% of GDP according to preliminary data,...

Telco

Corporate lending stock of Hungarian banks up in February

The corporate lending stock of Hungarian banks was up in February from the previous month as companies were net borrowers,...

Telco

Retail lending stock of banks unchanged in February

The retail lending stock of Hungarian banks was stable in February compared to the previous month, fresh data from the...

Telco

CEZ announces conditional sale of 7.5% stake in MOL

Czech energy company CEZ announced this morning the conditional sale of a 7.5% stake in Hungarian oil and gas company...

Telco

OTP AGM approves HUF 190 per-share dividend

Shareholders of Hungarian bank OTP approved the boardʼs proposal to pay a dividend of HUF 190 per share on last...

Telco

BP SSC starts operations in Szeged

The new shared services center (SSC) of British multinational oil and gas company BP started initial operations in Szeged on...

Telco

Gov’t clears procurement of MÁV-built IC+ carriages

The Hungarian government has cleared the passenger unit of state-owned railway company MÁV to procure HUF 45.4 billion of IC+...

Telco

Hunent to build HUF 12 bln waterfowl processing plant

Hungarian waterfowl processing company Hunent will build a HUF 12.5 bln duck processing plant through a greenfield investment in Mélykút,...

Telco

Groupama Biztosító premium revenues up 4% in 2016

Hungarian insurer Groupama Biztosítóʼs revenue from premiums rose 4.3% to HUF 97.4 billion last year, the unit of Franceʼs Groupama...

Telco

Magyar Telekom AGM approves HUF 25-per-share dividend

Shareholders of Magyar Telekom (MTel) approved the boardʼs proposal to pay a HUF 25-per-share dividend on last yearʼs earnings at...

Telco

General gov’t runs HUF 198.1 bln deficit at end of March

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

Telco

BBCA to get HUF 42 bln MFB loan for citric acid plant

The state-owned Hungarian Development Bank (MFB) is providing a HUF 42 billion loan, guaranteed by the Bank of China, for...

Telco

Kométa revenues climb to HUF 36 bln in 2016

Italian-owned meat company Kométa 99ʼs revenues rose by HUF 6 billion to HUF 36 bln in 2016, the company told...

Telco

Alteo board proposes HUF 130 per-share dividend

The board of alternative energy company Alteo will propose to shareholders payment of a HUF 130 per-share dividend on last...

Telco

Gránit Bank pre-tax profit climbs to HUF 240 mln

Gránit Bankʼs pre-tax profit rose to HUF 240 million last year, Minister for National Economy Mihály Varga said at the...

Telco

Deficit as proportion of GDP was 1.7% in 2016

The deficit of the general government sector in 2016 was HUF 609.7 billion, 1.7% of GDP according to preliminary data,...

Telco

Corporate lending stock of Hungarian banks up in February

The corporate lending stock of Hungarian banks was up in February from the previous month as companies were net borrowers,...

Telco

Retail lending stock of banks unchanged in February

The retail lending stock of Hungarian banks was stable in February compared to the previous month, fresh data from the...

Telco

CEZ announces conditional sale of 7.5% stake in MOL

Czech energy company CEZ announced this morning the conditional sale of a 7.5% stake in Hungarian oil and gas company...

OTP AGM approves HUF 190 per-share dividend

Shareholders of Hungarian bank OTP approved the boardʼs proposal to pay a dividend of HUF 190 per share on last...

BP SSC starts operations in Szeged

The new shared services center (SSC) of British multinational oil and gas company BP started initial operations in Szeged on...

Gov’t clears procurement of MÁV-built IC+ carriages

The Hungarian government has cleared the passenger unit of state-owned railway company MÁV to procure HUF 45.4 billion of IC+...

Hunent to build HUF 12 bln waterfowl processing plant

Hungarian waterfowl processing company Hunent will build a HUF 12.5 bln duck processing plant through a greenfield investment in Mélykút,...

Groupama Biztosító premium revenues up 4% in 2016

Hungarian insurer Groupama Biztosítóʼs revenue from premiums rose 4.3% to HUF 97.4 billion last year, the unit of Franceʼs Groupama...

Magyar Telekom AGM approves HUF 25-per-share dividend

Shareholders of Magyar Telekom (MTel) approved the boardʼs proposal to pay a HUF 25-per-share dividend on last yearʼs earnings at...

General gov’t runs HUF 198.1 bln deficit at end of March

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

BBCA to get HUF 42 bln MFB loan for citric acid plant

The state-owned Hungarian Development Bank (MFB) is providing a HUF 42 billion loan, guaranteed by the Bank of China, for...

Kométa revenues climb to HUF 36 bln in 2016

Italian-owned meat company Kométa 99ʼs revenues rose by HUF 6 billion to HUF 36 bln in 2016, the company told...

Alteo board proposes HUF 130 per-share dividend

The board of alternative energy company Alteo will propose to shareholders payment of a HUF 130 per-share dividend on last...

Gránit Bank pre-tax profit climbs to HUF 240 mln

Gránit Bankʼs pre-tax profit rose to HUF 240 million last year, Minister for National Economy Mihály Varga said at the...

Deficit as proportion of GDP was 1.7% in 2016

The deficit of the general government sector in 2016 was HUF 609.7 billion, 1.7% of GDP according to preliminary data,...

Corporate lending stock of Hungarian banks up in February

The corporate lending stock of Hungarian banks was up in February from the previous month as companies were net borrowers,...

Retail lending stock of banks unchanged in February

The retail lending stock of Hungarian banks was stable in February compared to the previous month, fresh data from the...

CEZ announces conditional sale of 7.5% stake in MOL

Czech energy company CEZ announced this morning the conditional sale of a 7.5% stake in Hungarian oil and gas company...