Tech

Telco

BAMOSZ: Investment fund assets rise 0.8% in July

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

Telco

Higher c/a surplus offsets drop in EU transfers in Q2

EU capital transfers to Hungary fell by almost €1.2 billion in the second quarter from the corresponding period of 2015,...

Telco

Hungaryʼs state debt 75.5% of GDP in June

Hungaryʼs state debt, calculated according to Maastricht rules, stood at 75.5% of GDP at the end of June, down from...

Telco

Current account surplus up €238 mln in Q2

Hungaryʼs current account surplus in the second quarter of the year was a combined €1.97 bln, compared to a €1.74...

Telco

ANY H1 profit up 37% on rising revenues

First-half net income of Hungarian security printing company ANY Biztonsági Nyomda rose 37% year-on-year to HUF 891 million on higher...

Telco

MNB: Banking sector liquidity down in July

The forint liquidity of Hungaryʼs banking sector fell in July from a month earlier, reflected mainly in the lower average...

Telco

OTP Q2 profit climbs 88% on lower risk costs

OTP Bankʼs consolidated second-quarter after-tax profit jumped to HUF 71.9 bln, an 88% increase over the second quarter of 2015,...

Telco

Net sales of retail govʼt securities reach HUF 64.8 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 64.8 billion in July, bringing the total...

Telco

HIPA assists €2.3 bln of investment

The Hungarian Investment Promotion Agency (HIPA) this year aided the decisions of foreign companies to invest an accumulated €2.3 billion...

Telco

CIB H1 profit reaches HUF 12.9 bln

The Italian-owned CIB Group had after-tax profit of HUF 12.9 bln in the first half, a huge improvement over a...

Telco

Growing market, Euro 2016 lift Zwack sales

Zwack Unicum, Hungaryʼs best-known spirits maker, posted after-tax profit of HUF 532 million in the first quarter of its business...

Telco

Seven-month deficit 61% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 464.8 billion in the first seven months of 2016, shows...

Telco

Hungary’s trade surplus up in June, rises to €5.3 bln in H1

Hungary’s trade surplus was €1.129 billion, up by €302 million in June as compared to the same month a year...

Telco

MTel profit drops as revenue slips in Q2

Magyar Telekomʼs second-quarter net income was HUF 11.59 billion, down 14.3% at from the same period a year earlier, an...

Telco

MOL profit rises 45%, lifted by lower tax in Q2

Hungarian oil and gas company MOLʼs second-quarter net income rose 45% year-on-year to HUF 83.5 billion as corporate tax costs...

Telco

BAMOSZ: Investment fund assets rise 0.8% in July

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

Telco

Higher c/a surplus offsets drop in EU transfers in Q2

EU capital transfers to Hungary fell by almost €1.2 billion in the second quarter from the corresponding period of 2015,...

Telco

Hungaryʼs state debt 75.5% of GDP in June

Hungaryʼs state debt, calculated according to Maastricht rules, stood at 75.5% of GDP at the end of June, down from...

Telco

Current account surplus up €238 mln in Q2

Hungaryʼs current account surplus in the second quarter of the year was a combined €1.97 bln, compared to a €1.74...

Telco

ANY H1 profit up 37% on rising revenues

First-half net income of Hungarian security printing company ANY Biztonsági Nyomda rose 37% year-on-year to HUF 891 million on higher...

Telco

MNB: Banking sector liquidity down in July

The forint liquidity of Hungaryʼs banking sector fell in July from a month earlier, reflected mainly in the lower average...

Telco

OTP Q2 profit climbs 88% on lower risk costs

OTP Bankʼs consolidated second-quarter after-tax profit jumped to HUF 71.9 bln, an 88% increase over the second quarter of 2015,...

Telco

Net sales of retail govʼt securities reach HUF 64.8 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 64.8 billion in July, bringing the total...

Telco

HIPA assists €2.3 bln of investment

The Hungarian Investment Promotion Agency (HIPA) this year aided the decisions of foreign companies to invest an accumulated €2.3 billion...

Telco

CIB H1 profit reaches HUF 12.9 bln

The Italian-owned CIB Group had after-tax profit of HUF 12.9 bln in the first half, a huge improvement over a...

Telco

Growing market, Euro 2016 lift Zwack sales

Zwack Unicum, Hungaryʼs best-known spirits maker, posted after-tax profit of HUF 532 million in the first quarter of its business...

Telco

Seven-month deficit 61% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 464.8 billion in the first seven months of 2016, shows...

Telco

Hungary’s trade surplus up in June, rises to €5.3 bln in H1

Hungary’s trade surplus was €1.129 billion, up by €302 million in June as compared to the same month a year...

Telco

MTel profit drops as revenue slips in Q2

Magyar Telekomʼs second-quarter net income was HUF 11.59 billion, down 14.3% at from the same period a year earlier, an...

Telco

MOL profit rises 45%, lifted by lower tax in Q2

Hungarian oil and gas company MOLʼs second-quarter net income rose 45% year-on-year to HUF 83.5 billion as corporate tax costs...

BAMOSZ: Investment fund assets rise 0.8% in July

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

Higher c/a surplus offsets drop in EU transfers in Q2

EU capital transfers to Hungary fell by almost €1.2 billion in the second quarter from the corresponding period of 2015,...

Hungaryʼs state debt 75.5% of GDP in June

Hungaryʼs state debt, calculated according to Maastricht rules, stood at 75.5% of GDP at the end of June, down from...

Current account surplus up €238 mln in Q2

Hungaryʼs current account surplus in the second quarter of the year was a combined €1.97 bln, compared to a €1.74...

ANY H1 profit up 37% on rising revenues

First-half net income of Hungarian security printing company ANY Biztonsági Nyomda rose 37% year-on-year to HUF 891 million on higher...

MNB: Banking sector liquidity down in July

The forint liquidity of Hungaryʼs banking sector fell in July from a month earlier, reflected mainly in the lower average...

OTP Q2 profit climbs 88% on lower risk costs

OTP Bankʼs consolidated second-quarter after-tax profit jumped to HUF 71.9 bln, an 88% increase over the second quarter of 2015,...

Net sales of retail govʼt securities reach HUF 64.8 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 64.8 billion in July, bringing the total...

HIPA assists €2.3 bln of investment

The Hungarian Investment Promotion Agency (HIPA) this year aided the decisions of foreign companies to invest an accumulated €2.3 billion...

CIB H1 profit reaches HUF 12.9 bln

The Italian-owned CIB Group had after-tax profit of HUF 12.9 bln in the first half, a huge improvement over a...

Growing market, Euro 2016 lift Zwack sales

Zwack Unicum, Hungaryʼs best-known spirits maker, posted after-tax profit of HUF 532 million in the first quarter of its business...

Seven-month deficit 61% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 464.8 billion in the first seven months of 2016, shows...

Hungary’s trade surplus up in June, rises to €5.3 bln in H1

Hungary’s trade surplus was €1.129 billion, up by €302 million in June as compared to the same month a year...

MTel profit drops as revenue slips in Q2

Magyar Telekomʼs second-quarter net income was HUF 11.59 billion, down 14.3% at from the same period a year earlier, an...

MOL profit rises 45%, lifted by lower tax in Q2

Hungarian oil and gas company MOLʼs second-quarter net income rose 45% year-on-year to HUF 83.5 billion as corporate tax costs...