Tech

Telco

Hungary’s deficit at 0.7% of GDP in first half

Hungary’s general government deficit in the first half of 2016 came to HUF 122.8 billion, which is 0.7% of GDP...

Telco

New excise tax rules to lift vehicle fuel prices

Wholesale vehicle fuel prices in Hungary will rise about HUF 6-13 per liter from tomorrow (Saturday), when new rules on...

Telco

Corporate lending of Hungarian banks up in August, says MNB

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

Telco

Poultry processor invests HUF 878 mln

Family-owned company Master Good has carried out developments at its poultry processing plants in Kisvárda and Petneháza in northeast Hungary...

Telco

Hungarian Leasing Association joins Europe-wide federation

The Hungarian Leasing Association (HLA) has joined Leaseurope, the European Federation of Leasing Company Associations, the domestic body announced today,...

Telco

Shoemaker Szamos invests HUF 131 mln

Hungary-based shoe manufacturer Szamos Cipőipari has finished a HUF 131 mln capacity expansion investment at its factory in Csenger, Minister...

Telco

Graboplast finishes HUF 640 mln investment

Hungary-based flooring manufacturer Graboplast yesterday announced it has finished a HUF 640 million expansion at its base in Kecskemét, building...

Telco

Vehicle industry investments to lift GDP in 2016-18, says MNB

Recently announced vehicle industry developments could raise Hungaryʼs GDP by about 0.04 percentage points this year and by more than...

Telco

Alteo moves to enter Budapest bourse

Hungarian energy firm Alteo has launched an initial public offering (IPO) of its shares, with the transaction due by October...

Telco

MFB supports local startup with USD 1.2 mln injection

Corvinus Kockázati Tőkealapkezelő, the venture capital managing unit of Hungarian state-owned MFB Group, has injected venture capital of USD 1.2...

Telco

Sberbank Hungary performs above plans in Jan-Aug

The Hungarian subsidiary of Russiaʼs Sberbank performed better than expected in “several aspects” in the first eight months of the...

Telco

Ekuna finishes HUF 100 mln expansion

Ekuna, a Hungarian electronic control unit and measuring device manufacturer, has completed an investment of HUF 100 million at its...

Telco

Nitrogénművek to complete investment by mid-2017

Hungarian fertilizer manufacturer Nitrogénművek expects to complete its long-term HUF 140 billion investment project, started in 2004, at its plant...

Telco

Hungary offers HUF 2 bln funding for buying e-vehicles

The Hungarian government is offering HUF 2 billion of funding this year for the purchase of electric cars and light...

Telco

General deficit 36% of full-year target in August, ministry confirms

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 274 billion at the end of August, 36% of...

Telco

Hungary’s deficit at 0.7% of GDP in first half

Hungary’s general government deficit in the first half of 2016 came to HUF 122.8 billion, which is 0.7% of GDP...

Telco

New excise tax rules to lift vehicle fuel prices

Wholesale vehicle fuel prices in Hungary will rise about HUF 6-13 per liter from tomorrow (Saturday), when new rules on...

Telco

Corporate lending of Hungarian banks up in August, says MNB

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

Telco

Poultry processor invests HUF 878 mln

Family-owned company Master Good has carried out developments at its poultry processing plants in Kisvárda and Petneháza in northeast Hungary...

Telco

Hungarian Leasing Association joins Europe-wide federation

The Hungarian Leasing Association (HLA) has joined Leaseurope, the European Federation of Leasing Company Associations, the domestic body announced today,...

Telco

Shoemaker Szamos invests HUF 131 mln

Hungary-based shoe manufacturer Szamos Cipőipari has finished a HUF 131 mln capacity expansion investment at its factory in Csenger, Minister...

Telco

Graboplast finishes HUF 640 mln investment

Hungary-based flooring manufacturer Graboplast yesterday announced it has finished a HUF 640 million expansion at its base in Kecskemét, building...

Telco

Vehicle industry investments to lift GDP in 2016-18, says MNB

Recently announced vehicle industry developments could raise Hungaryʼs GDP by about 0.04 percentage points this year and by more than...

Telco

Alteo moves to enter Budapest bourse

Hungarian energy firm Alteo has launched an initial public offering (IPO) of its shares, with the transaction due by October...

Telco

MFB supports local startup with USD 1.2 mln injection

Corvinus Kockázati Tőkealapkezelő, the venture capital managing unit of Hungarian state-owned MFB Group, has injected venture capital of USD 1.2...

Telco

Sberbank Hungary performs above plans in Jan-Aug

The Hungarian subsidiary of Russiaʼs Sberbank performed better than expected in “several aspects” in the first eight months of the...

Telco

Ekuna finishes HUF 100 mln expansion

Ekuna, a Hungarian electronic control unit and measuring device manufacturer, has completed an investment of HUF 100 million at its...

Telco

Nitrogénművek to complete investment by mid-2017

Hungarian fertilizer manufacturer Nitrogénművek expects to complete its long-term HUF 140 billion investment project, started in 2004, at its plant...

Telco

Hungary offers HUF 2 bln funding for buying e-vehicles

The Hungarian government is offering HUF 2 billion of funding this year for the purchase of electric cars and light...

Telco

General deficit 36% of full-year target in August, ministry confirms

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 274 billion at the end of August, 36% of...

Hungary’s deficit at 0.7% of GDP in first half

Hungary’s general government deficit in the first half of 2016 came to HUF 122.8 billion, which is 0.7% of GDP...

New excise tax rules to lift vehicle fuel prices

Wholesale vehicle fuel prices in Hungary will rise about HUF 6-13 per liter from tomorrow (Saturday), when new rules on...

Corporate lending of Hungarian banks up in August, says MNB

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

Poultry processor invests HUF 878 mln

Family-owned company Master Good has carried out developments at its poultry processing plants in Kisvárda and Petneháza in northeast Hungary...

Hungarian Leasing Association joins Europe-wide federation

The Hungarian Leasing Association (HLA) has joined Leaseurope, the European Federation of Leasing Company Associations, the domestic body announced today,...

Shoemaker Szamos invests HUF 131 mln

Hungary-based shoe manufacturer Szamos Cipőipari has finished a HUF 131 mln capacity expansion investment at its factory in Csenger, Minister...

Graboplast finishes HUF 640 mln investment

Hungary-based flooring manufacturer Graboplast yesterday announced it has finished a HUF 640 million expansion at its base in Kecskemét, building...

Vehicle industry investments to lift GDP in 2016-18, says MNB

Recently announced vehicle industry developments could raise Hungaryʼs GDP by about 0.04 percentage points this year and by more than...

Alteo moves to enter Budapest bourse

Hungarian energy firm Alteo has launched an initial public offering (IPO) of its shares, with the transaction due by October...

MFB supports local startup with USD 1.2 mln injection

Corvinus Kockázati Tőkealapkezelő, the venture capital managing unit of Hungarian state-owned MFB Group, has injected venture capital of USD 1.2...

Sberbank Hungary performs above plans in Jan-Aug

The Hungarian subsidiary of Russiaʼs Sberbank performed better than expected in “several aspects” in the first eight months of the...

Ekuna finishes HUF 100 mln expansion

Ekuna, a Hungarian electronic control unit and measuring device manufacturer, has completed an investment of HUF 100 million at its...

Nitrogénművek to complete investment by mid-2017

Hungarian fertilizer manufacturer Nitrogénművek expects to complete its long-term HUF 140 billion investment project, started in 2004, at its plant...

Hungary offers HUF 2 bln funding for buying e-vehicles

The Hungarian government is offering HUF 2 billion of funding this year for the purchase of electric cars and light...

General deficit 36% of full-year target in August, ministry confirms

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 274 billion at the end of August, 36% of...