Tech

Telco

Three pawnbrokers receive HUF 20.5 mln in fines

Three Hungarian pawnbrokers have been fined a combined HUF 20.5 million by the National Bank of Hungary (MNB) on charges...

Telco

General gov’t deficit 111.4% of full-year target in 2016

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 848.3 billion in 2016, 111.4% of the full-year target,...

Telco

Net sales of retail govʼt securities reach HUF 166.6 bln in December

Net sales of forint-denominated government securities targeted at retail investors came to HUF 166.6 billion in December 2016, bringing the...

Telco

Everplast expands range with HUF 440 mln investment

Hungarian plastics recycling firm Everplast has added UV-resistant plastic sheeting to its product palette with an investment of nearly HUF...

Telco

Investment funds assets up 2.1% in December, says BAMOSZ

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) were...

Telco

Magyar Telekom broadband expands to 2.8 mln households

The broadband internet network coverage of Hungarian telecommunications company Magyar Telekom expanded to 2.8 million households in 2016, the company...

Telco

Gov’t to offer HUF 24.3 bln in grants to 35 big companies

Based on a decision made in 2016, the government will provide HUF 24.3 bln in financing to 35 big companies...

Telco

Hungarian telco Invitel to change hands

Hungarian telecom Invitel is to be sold by majority stake owner Magyar Telecom B.V. (Matel B.V.) to the China-CEE Fund...

Telco

Foreign investorsʼ govʼt securities holdings fall HUF 454 bln in 2016

Non-resident or foreign investors sold a net HUF 454 bln of Hungarian government securities denominated in forints last year, according...

Telco

MTel to sell Montenegrin unit for EUR 123.5 mln

Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom, has signed an agreement to sell its 76.5% stake in Crnogorski Telekom,...

Telco

Bonafarm set to buy into MCS Vágóhíd

Vertically integrated food processing group Bonafarm is negotiating on purchasing a stake in meat processing firm MCS Vágóhíd, Hungarian business...

Telco

Spar to raise wages under agreement

The Hungarian subsidiary of food retail chain Spar and the Trade Union of Commercial Employees (KASZ) have agreed on raising...

Telco

General gov’t deficit reaches HUF 848.3 bln in December

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 848.3 billion in 2016, a first reading of data...

Telco

Businesses tap HUF 473 bln in phase III FGS credit

A little more than 11,000 Hungarian microbusinesses and SMEs tapped about HUF 473 billion in cheap credit available last year...

Telco

Corporate lending of Hungarian banks up in November

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

Telco

Three pawnbrokers receive HUF 20.5 mln in fines

Three Hungarian pawnbrokers have been fined a combined HUF 20.5 million by the National Bank of Hungary (MNB) on charges...

Telco

General gov’t deficit 111.4% of full-year target in 2016

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 848.3 billion in 2016, 111.4% of the full-year target,...

Telco

Net sales of retail govʼt securities reach HUF 166.6 bln in December

Net sales of forint-denominated government securities targeted at retail investors came to HUF 166.6 billion in December 2016, bringing the...

Telco

Everplast expands range with HUF 440 mln investment

Hungarian plastics recycling firm Everplast has added UV-resistant plastic sheeting to its product palette with an investment of nearly HUF...

Telco

Investment funds assets up 2.1% in December, says BAMOSZ

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) were...

Telco

Magyar Telekom broadband expands to 2.8 mln households

The broadband internet network coverage of Hungarian telecommunications company Magyar Telekom expanded to 2.8 million households in 2016, the company...

Telco

Gov’t to offer HUF 24.3 bln in grants to 35 big companies

Based on a decision made in 2016, the government will provide HUF 24.3 bln in financing to 35 big companies...

Telco

Hungarian telco Invitel to change hands

Hungarian telecom Invitel is to be sold by majority stake owner Magyar Telecom B.V. (Matel B.V.) to the China-CEE Fund...

Telco

Foreign investorsʼ govʼt securities holdings fall HUF 454 bln in 2016

Non-resident or foreign investors sold a net HUF 454 bln of Hungarian government securities denominated in forints last year, according...

Telco

MTel to sell Montenegrin unit for EUR 123.5 mln

Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom, has signed an agreement to sell its 76.5% stake in Crnogorski Telekom,...

Telco

Bonafarm set to buy into MCS Vágóhíd

Vertically integrated food processing group Bonafarm is negotiating on purchasing a stake in meat processing firm MCS Vágóhíd, Hungarian business...

Telco

Spar to raise wages under agreement

The Hungarian subsidiary of food retail chain Spar and the Trade Union of Commercial Employees (KASZ) have agreed on raising...

Telco

General gov’t deficit reaches HUF 848.3 bln in December

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 848.3 billion in 2016, a first reading of data...

Telco

Businesses tap HUF 473 bln in phase III FGS credit

A little more than 11,000 Hungarian microbusinesses and SMEs tapped about HUF 473 billion in cheap credit available last year...

Telco

Corporate lending of Hungarian banks up in November

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

Three pawnbrokers receive HUF 20.5 mln in fines

Three Hungarian pawnbrokers have been fined a combined HUF 20.5 million by the National Bank of Hungary (MNB) on charges...

General gov’t deficit 111.4% of full-year target in 2016

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 848.3 billion in 2016, 111.4% of the full-year target,...

Net sales of retail govʼt securities reach HUF 166.6 bln in December

Net sales of forint-denominated government securities targeted at retail investors came to HUF 166.6 billion in December 2016, bringing the...

Everplast expands range with HUF 440 mln investment

Hungarian plastics recycling firm Everplast has added UV-resistant plastic sheeting to its product palette with an investment of nearly HUF...

Investment funds assets up 2.1% in December, says BAMOSZ

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) were...

Magyar Telekom broadband expands to 2.8 mln households

The broadband internet network coverage of Hungarian telecommunications company Magyar Telekom expanded to 2.8 million households in 2016, the company...

Gov’t to offer HUF 24.3 bln in grants to 35 big companies

Based on a decision made in 2016, the government will provide HUF 24.3 bln in financing to 35 big companies...

Hungarian telco Invitel to change hands

Hungarian telecom Invitel is to be sold by majority stake owner Magyar Telecom B.V. (Matel B.V.) to the China-CEE Fund...

Foreign investorsʼ govʼt securities holdings fall HUF 454 bln in 2016

Non-resident or foreign investors sold a net HUF 454 bln of Hungarian government securities denominated in forints last year, according...

MTel to sell Montenegrin unit for EUR 123.5 mln

Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom, has signed an agreement to sell its 76.5% stake in Crnogorski Telekom,...

Bonafarm set to buy into MCS Vágóhíd

Vertically integrated food processing group Bonafarm is negotiating on purchasing a stake in meat processing firm MCS Vágóhíd, Hungarian business...

Spar to raise wages under agreement

The Hungarian subsidiary of food retail chain Spar and the Trade Union of Commercial Employees (KASZ) have agreed on raising...

General gov’t deficit reaches HUF 848.3 bln in December

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 848.3 billion in 2016, a first reading of data...

Businesses tap HUF 473 bln in phase III FGS credit

A little more than 11,000 Hungarian microbusinesses and SMEs tapped about HUF 473 billion in cheap credit available last year...

Corporate lending of Hungarian banks up in November

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