Tech

Telco

Demand grows for family home purchase subsidies

Demand for the governmentʼs expanded home purchase subsidies for families is growing, a survey of lenders by Hungarian news agency...

Telco

Banking sector liquidity falls in October

The forint liquidity of Hungaryʼs banking sector fell in October from a month earlier, the National Bank of Hungary said...

Telco

Duna House shares a little over IPO price on first trading day

Shares of real estate broker Duna House were trading at HUF 4,000 shortly before 10:00 this morning, their first day...

Telco

Linamar eyes HUF 7.2 bln expansion in Hungary

Canada-based Linamar Hungary, a farm machinery and vehicle spare parts manufacturer, is planning to expand its Hungarian plants in Békéscsaba...

Telco

Lower risk costs lift OTP profit close to HUF 70 bln in Q3

OTP Bank’s third-quarter after-tax profit reached HUF 69.8 billion, improving from a HUF 3.7 bln loss in the base period...

Telco

Magyar Telekom to continue network developments

Magyar Telekom will reach 2.7 million households with its high-bandwidth internet service by the end of this year and will...

Telco

Spar Hungary eyes HUF 23 bln network development

The Hungarian arm of international food retail network Spar is planning to invest a total of HUF 23 billion on...

Telco

MTel Q3 profit rises as revenue drops slightly

Magyar Telekomʼs third-quarter net income was up 28.8% at HUF 13.64 bln from the corresponding period of 2015, an earnings...

Telco

Govʼt recapitalizes SZTA fund, sets up more funds

Hungaryʼs government has decided to recapitalize the Széchenyi Capital Investment Fund (SZTA), a venture capital fund established by the state...

Telco

Alteo shares go for a little over IPO price on first trading day

Shares of Hungarian energy supplier and trader Alteo traded at a little over their IPO price about an hour into...

Telco

JV set up for Budapest-Belgrade railway upgrade

Hungarian state-owned railway company MÁV, the China Railway International Corporation and China Railway International Group have set up a joint...

Telco

Budapest-Belgrade rail link may cost HUF 700 bln, reports say

The total cost of an upgraded Budapest-Belgrade railway link could reach up to HUF 700 billion, according to calculations by...

Telco

MTel to raise payroll HUF 2.4 bln, after union talks

After reaching an agreement with workersʼ unions yesterday, Magyar Telekom announced it will increase payroll costs by approximately HUF 2.4...

Telco

Zwack controls operating costs, profits climb

After-tax profit of Zwack Unicum, Hungaryʼs most famous spirits maker, rose 42% to HUF 1.0 bln in the first half...

Telco

MOL Q3 profit drops 24% on higher tax payments

Hungarian oil and gas company MOLʼs third-quarter net income fell 24% year-on-year to HUF 68.8 billion as higher tax payments...

Telco

Demand grows for family home purchase subsidies

Demand for the governmentʼs expanded home purchase subsidies for families is growing, a survey of lenders by Hungarian news agency...

Telco

Banking sector liquidity falls in October

The forint liquidity of Hungaryʼs banking sector fell in October from a month earlier, the National Bank of Hungary said...

Telco

Duna House shares a little over IPO price on first trading day

Shares of real estate broker Duna House were trading at HUF 4,000 shortly before 10:00 this morning, their first day...

Telco

Linamar eyes HUF 7.2 bln expansion in Hungary

Canada-based Linamar Hungary, a farm machinery and vehicle spare parts manufacturer, is planning to expand its Hungarian plants in Békéscsaba...

Telco

Lower risk costs lift OTP profit close to HUF 70 bln in Q3

OTP Bank’s third-quarter after-tax profit reached HUF 69.8 billion, improving from a HUF 3.7 bln loss in the base period...

Telco

Magyar Telekom to continue network developments

Magyar Telekom will reach 2.7 million households with its high-bandwidth internet service by the end of this year and will...

Telco

Spar Hungary eyes HUF 23 bln network development

The Hungarian arm of international food retail network Spar is planning to invest a total of HUF 23 billion on...

Telco

MTel Q3 profit rises as revenue drops slightly

Magyar Telekomʼs third-quarter net income was up 28.8% at HUF 13.64 bln from the corresponding period of 2015, an earnings...

Telco

Govʼt recapitalizes SZTA fund, sets up more funds

Hungaryʼs government has decided to recapitalize the Széchenyi Capital Investment Fund (SZTA), a venture capital fund established by the state...

Telco

Alteo shares go for a little over IPO price on first trading day

Shares of Hungarian energy supplier and trader Alteo traded at a little over their IPO price about an hour into...

Telco

JV set up for Budapest-Belgrade railway upgrade

Hungarian state-owned railway company MÁV, the China Railway International Corporation and China Railway International Group have set up a joint...

Telco

Budapest-Belgrade rail link may cost HUF 700 bln, reports say

The total cost of an upgraded Budapest-Belgrade railway link could reach up to HUF 700 billion, according to calculations by...

Telco

MTel to raise payroll HUF 2.4 bln, after union talks

After reaching an agreement with workersʼ unions yesterday, Magyar Telekom announced it will increase payroll costs by approximately HUF 2.4...

Telco

Zwack controls operating costs, profits climb

After-tax profit of Zwack Unicum, Hungaryʼs most famous spirits maker, rose 42% to HUF 1.0 bln in the first half...

Telco

MOL Q3 profit drops 24% on higher tax payments

Hungarian oil and gas company MOLʼs third-quarter net income fell 24% year-on-year to HUF 68.8 billion as higher tax payments...

Demand grows for family home purchase subsidies

Demand for the governmentʼs expanded home purchase subsidies for families is growing, a survey of lenders by Hungarian news agency...

Banking sector liquidity falls in October

The forint liquidity of Hungaryʼs banking sector fell in October from a month earlier, the National Bank of Hungary said...

Duna House shares a little over IPO price on first trading day

Shares of real estate broker Duna House were trading at HUF 4,000 shortly before 10:00 this morning, their first day...

Linamar eyes HUF 7.2 bln expansion in Hungary

Canada-based Linamar Hungary, a farm machinery and vehicle spare parts manufacturer, is planning to expand its Hungarian plants in Békéscsaba...

Lower risk costs lift OTP profit close to HUF 70 bln in Q3

OTP Bank’s third-quarter after-tax profit reached HUF 69.8 billion, improving from a HUF 3.7 bln loss in the base period...

Magyar Telekom to continue network developments

Magyar Telekom will reach 2.7 million households with its high-bandwidth internet service by the end of this year and will...

Spar Hungary eyes HUF 23 bln network development

The Hungarian arm of international food retail network Spar is planning to invest a total of HUF 23 billion on...

MTel Q3 profit rises as revenue drops slightly

Magyar Telekomʼs third-quarter net income was up 28.8% at HUF 13.64 bln from the corresponding period of 2015, an earnings...

Govʼt recapitalizes SZTA fund, sets up more funds

Hungaryʼs government has decided to recapitalize the Széchenyi Capital Investment Fund (SZTA), a venture capital fund established by the state...

Alteo shares go for a little over IPO price on first trading day

Shares of Hungarian energy supplier and trader Alteo traded at a little over their IPO price about an hour into...

JV set up for Budapest-Belgrade railway upgrade

Hungarian state-owned railway company MÁV, the China Railway International Corporation and China Railway International Group have set up a joint...

Budapest-Belgrade rail link may cost HUF 700 bln, reports say

The total cost of an upgraded Budapest-Belgrade railway link could reach up to HUF 700 billion, according to calculations by...

MTel to raise payroll HUF 2.4 bln, after union talks

After reaching an agreement with workersʼ unions yesterday, Magyar Telekom announced it will increase payroll costs by approximately HUF 2.4...

Zwack controls operating costs, profits climb

After-tax profit of Zwack Unicum, Hungaryʼs most famous spirits maker, rose 42% to HUF 1.0 bln in the first half...

MOL Q3 profit drops 24% on higher tax payments

Hungarian oil and gas company MOLʼs third-quarter net income fell 24% year-on-year to HUF 68.8 billion as higher tax payments...