Tech

Telco

Rába revenues rise, operating profit falls

Hungarian automotive company Rába had revenues of HUF 10.93 billion in the second quarter of 2016, up 3.1% from a...

Telco

Car tire production up 8.5% in H1

Production of summer tires for personal vehicles saw an 8.5% growth in Hungary in the first half of the year...

Telco

Tesco’s Hungarian unit turns profitable

The Hungarian unit of U.K.-based retail giant Tesco had after-tax profit of HUF 13.2 billion in the financial year ending...

Telco

MNB: Retail lending stock edges down on revaluations in June

Retail lending stock of Hungarian banks edged down about HUF 1 billion to HUF 5.7659 trillion in June, according to...

Telco

MNB: Net borrowing raises corporate lending stock in June

Corporate lending stock of Hungarian banks rose by HUF 14.9 billion to HUF 5.9628 trillion in June from the previous...

Telco

INA profit falls 68% on declining revenue, narrower margin

Second-quarter net income of Croatiaʼs INA, a unit of Hungarian oil and gas company MOL, fell 68% to HRK 89...

Telco

Funding proposal for M3 renovation to be submitted in autumn

A proposal regarding the funding of the Budapest M3 metro renovation will be submitted to the government in late September...

Telco

Richter’s Q2 net income drops 19.4% on narrowing margin

Hungarian drugmaker Gedeon Richter saw its net income drop by 19.4% year-on-year to HUF 18.1 billion in the second quarter,...

Telco

Shareholder contests OTP AGM decisions at court

OTP Bank said that one of its shareholders contested at a Budapest court several decisions from the bank’s AGM, held...

Telco

MOL, Richter lift BUX

The Budapest Stock Exchangeʼs main BUX index finished the session on Tuesday up 0.23% at 28,014.13, rising on gains by...

Telco

Hungary factoring turnover climbs 39% in H1

Factoring turnover in Hungary rose by 39% in the first half compared to the corresponding period of 2015, the head...

Telco

Richter lifts BUX

The Budapest Stock Exchangeʼs main BUX index finished the session on Monday up 0.35% at 27,950.24, rising on gains by...

Telco

Hungarian vehicle fuel sales up 6.1% in H1

Sales of vehicle fuels in Hungary reached more than 1.59 billion liters in the first half of 2016, an increase...

Telco

General gov’t deficit reaches 52.8% of full-year target in June

Hungary’s cash flow-based general government deficit, excluding local governments, reached HUF 402.1 billion at the end of June, 52.8% of...

Telco

BUX advances along with European peers

The Budapest Stock Exchangeʼs main BUX index finished the session on Wednesday up 0.60% at 27,573.51, lifted by gains from...

Telco

Rába revenues rise, operating profit falls

Hungarian automotive company Rába had revenues of HUF 10.93 billion in the second quarter of 2016, up 3.1% from a...

Telco

Car tire production up 8.5% in H1

Production of summer tires for personal vehicles saw an 8.5% growth in Hungary in the first half of the year...

Telco

Tesco’s Hungarian unit turns profitable

The Hungarian unit of U.K.-based retail giant Tesco had after-tax profit of HUF 13.2 billion in the financial year ending...

Telco

MNB: Retail lending stock edges down on revaluations in June

Retail lending stock of Hungarian banks edged down about HUF 1 billion to HUF 5.7659 trillion in June, according to...

Telco

MNB: Net borrowing raises corporate lending stock in June

Corporate lending stock of Hungarian banks rose by HUF 14.9 billion to HUF 5.9628 trillion in June from the previous...

Telco

INA profit falls 68% on declining revenue, narrower margin

Second-quarter net income of Croatiaʼs INA, a unit of Hungarian oil and gas company MOL, fell 68% to HRK 89...

Telco

Funding proposal for M3 renovation to be submitted in autumn

A proposal regarding the funding of the Budapest M3 metro renovation will be submitted to the government in late September...

Telco

Richter’s Q2 net income drops 19.4% on narrowing margin

Hungarian drugmaker Gedeon Richter saw its net income drop by 19.4% year-on-year to HUF 18.1 billion in the second quarter,...

Telco

Shareholder contests OTP AGM decisions at court

OTP Bank said that one of its shareholders contested at a Budapest court several decisions from the bank’s AGM, held...

Telco

MOL, Richter lift BUX

The Budapest Stock Exchangeʼs main BUX index finished the session on Tuesday up 0.23% at 28,014.13, rising on gains by...

Telco

Hungary factoring turnover climbs 39% in H1

Factoring turnover in Hungary rose by 39% in the first half compared to the corresponding period of 2015, the head...

Telco

Richter lifts BUX

The Budapest Stock Exchangeʼs main BUX index finished the session on Monday up 0.35% at 27,950.24, rising on gains by...

Telco

Hungarian vehicle fuel sales up 6.1% in H1

Sales of vehicle fuels in Hungary reached more than 1.59 billion liters in the first half of 2016, an increase...

Telco

General gov’t deficit reaches 52.8% of full-year target in June

Hungary’s cash flow-based general government deficit, excluding local governments, reached HUF 402.1 billion at the end of June, 52.8% of...

Telco

BUX advances along with European peers

The Budapest Stock Exchangeʼs main BUX index finished the session on Wednesday up 0.60% at 27,573.51, lifted by gains from...

Rába revenues rise, operating profit falls

Hungarian automotive company Rába had revenues of HUF 10.93 billion in the second quarter of 2016, up 3.1% from a...

Car tire production up 8.5% in H1

Production of summer tires for personal vehicles saw an 8.5% growth in Hungary in the first half of the year...

Tesco’s Hungarian unit turns profitable

The Hungarian unit of U.K.-based retail giant Tesco had after-tax profit of HUF 13.2 billion in the financial year ending...

MNB: Retail lending stock edges down on revaluations in June

Retail lending stock of Hungarian banks edged down about HUF 1 billion to HUF 5.7659 trillion in June, according to...

MNB: Net borrowing raises corporate lending stock in June

Corporate lending stock of Hungarian banks rose by HUF 14.9 billion to HUF 5.9628 trillion in June from the previous...

INA profit falls 68% on declining revenue, narrower margin

Second-quarter net income of Croatiaʼs INA, a unit of Hungarian oil and gas company MOL, fell 68% to HRK 89...

Funding proposal for M3 renovation to be submitted in autumn

A proposal regarding the funding of the Budapest M3 metro renovation will be submitted to the government in late September...

Richter’s Q2 net income drops 19.4% on narrowing margin

Hungarian drugmaker Gedeon Richter saw its net income drop by 19.4% year-on-year to HUF 18.1 billion in the second quarter,...

Shareholder contests OTP AGM decisions at court

OTP Bank said that one of its shareholders contested at a Budapest court several decisions from the bank’s AGM, held...

MOL, Richter lift BUX

The Budapest Stock Exchangeʼs main BUX index finished the session on Tuesday up 0.23% at 28,014.13, rising on gains by...

Hungary factoring turnover climbs 39% in H1

Factoring turnover in Hungary rose by 39% in the first half compared to the corresponding period of 2015, the head...

Richter lifts BUX

The Budapest Stock Exchangeʼs main BUX index finished the session on Monday up 0.35% at 27,950.24, rising on gains by...

Hungarian vehicle fuel sales up 6.1% in H1

Sales of vehicle fuels in Hungary reached more than 1.59 billion liters in the first half of 2016, an increase...

General gov’t deficit reaches 52.8% of full-year target in June

Hungary’s cash flow-based general government deficit, excluding local governments, reached HUF 402.1 billion at the end of June, 52.8% of...

BUX advances along with European peers

The Budapest Stock Exchangeʼs main BUX index finished the session on Wednesday up 0.60% at 27,573.51, lifted by gains from...