Tech

Telco

BUX falls more than 6% on worries over Chinese economy

The Budapest Stock Exchangeʼs main BUX index plunged 6.07% to 20,778.29 on Monday, falling with indices around the world on...

Telco

Report: Cembrit launches test production at renovated plant

Danish-owned building materials company Cembrit has begun test production at its plant in Nyergesújfalu, western Hungary, where reconstruction was made...

Telco

Report: Panic reaches Budapest bourse

The main index of the Budapest Stock Exchange (BSE) BUX index was down 1.74% at 21,734.90 about five minutes after...

Telco

PannErgy after tax loss up in Q2

Hungarian geothermal-energy company on Wednesday posted a HUF 187 mln after-tax loss from the second quarter, after an after-tax loss...

Telco

State Secretary: Deficit target for 2015 realistic

The governmentʼs 2015 deficit target of 2.4% of GDP is still realistic considering the positive economic processes; the government will...

Telco

Samsonite launches expansion at Hungarian plant

The Hungarian unit of global luggage manufacturer Samsonite has inaugurated a HUF 2.4 bln expansion in Szekszárd, southwestern Hungary, national...

Telco

Raiffeisen to close 15 branches in Hungary this fall

Raiffeisen will close 15 of its branches in Hungary in September, Raiffeisen chief Heinz Wiedner said on Wednesday at a...

Telco

BUX up on relatively mild borrowers relief

The Budapest Stock Exchangeʼs main BUX index finished up 0.54% at 22,120.26 Wednesday after dropping 1.25% Tuesday. It is up...

Telco

General government deficit reaches HUF 894.1 bln in July, 100.2% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 894.1 bln at the end of July, a second reading...

Telco

Raiffeisen books €16 mln first-quarter profit in Hungary

Austriaʼs Raiffeisen Bank International (RBI) booked a €16 mln profit at its Hungarian subsidiary in the second quarter, compared to...

Telco

KSH: Gross wages up 3.6% in June

Average gross wages in Hungary saw a year-on-year rise of 3.6%, reaching HUF 245,661 in June, with net wages rising...

Telco

Government plans to call all EU funding tenders for 2014-2020 by mid-2017

The Hungarian government is planning to call all tenders for the 2014-2020 EU funding period by June 30 in 2017,...

Telco

Hungaryʼs leasing market grows 22% in Q2

The value of leases in Hungary rose 22.1% to HUF 226 bln in the second quarter as compared to a...

Telco

BAT plans to raise headcount by 200

The Hungarian unit of British American Tobacco (BAT) is planning to hire another 100 employees in addition to the 100...

Telco

BAMOSZ: Investment fund assets edge down to HUF 5.646 trillion in July

Assets in investment funds managed by the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) edged down 0.28%...

Telco

BUX falls more than 6% on worries over Chinese economy

The Budapest Stock Exchangeʼs main BUX index plunged 6.07% to 20,778.29 on Monday, falling with indices around the world on...

Telco

Report: Cembrit launches test production at renovated plant

Danish-owned building materials company Cembrit has begun test production at its plant in Nyergesújfalu, western Hungary, where reconstruction was made...

Telco

Report: Panic reaches Budapest bourse

The main index of the Budapest Stock Exchange (BSE) BUX index was down 1.74% at 21,734.90 about five minutes after...

Telco

PannErgy after tax loss up in Q2

Hungarian geothermal-energy company on Wednesday posted a HUF 187 mln after-tax loss from the second quarter, after an after-tax loss...

Telco

State Secretary: Deficit target for 2015 realistic

The governmentʼs 2015 deficit target of 2.4% of GDP is still realistic considering the positive economic processes; the government will...

Telco

Samsonite launches expansion at Hungarian plant

The Hungarian unit of global luggage manufacturer Samsonite has inaugurated a HUF 2.4 bln expansion in Szekszárd, southwestern Hungary, national...

Telco

Raiffeisen to close 15 branches in Hungary this fall

Raiffeisen will close 15 of its branches in Hungary in September, Raiffeisen chief Heinz Wiedner said on Wednesday at a...

Telco

BUX up on relatively mild borrowers relief

The Budapest Stock Exchangeʼs main BUX index finished up 0.54% at 22,120.26 Wednesday after dropping 1.25% Tuesday. It is up...

Telco

General government deficit reaches HUF 894.1 bln in July, 100.2% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 894.1 bln at the end of July, a second reading...

Telco

Raiffeisen books €16 mln first-quarter profit in Hungary

Austriaʼs Raiffeisen Bank International (RBI) booked a €16 mln profit at its Hungarian subsidiary in the second quarter, compared to...

Telco

KSH: Gross wages up 3.6% in June

Average gross wages in Hungary saw a year-on-year rise of 3.6%, reaching HUF 245,661 in June, with net wages rising...

Telco

Government plans to call all EU funding tenders for 2014-2020 by mid-2017

The Hungarian government is planning to call all tenders for the 2014-2020 EU funding period by June 30 in 2017,...

Telco

Hungaryʼs leasing market grows 22% in Q2

The value of leases in Hungary rose 22.1% to HUF 226 bln in the second quarter as compared to a...

Telco

BAT plans to raise headcount by 200

The Hungarian unit of British American Tobacco (BAT) is planning to hire another 100 employees in addition to the 100...

Telco

BAMOSZ: Investment fund assets edge down to HUF 5.646 trillion in July

Assets in investment funds managed by the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) edged down 0.28%...

BUX falls more than 6% on worries over Chinese economy

The Budapest Stock Exchangeʼs main BUX index plunged 6.07% to 20,778.29 on Monday, falling with indices around the world on...

Report: Cembrit launches test production at renovated plant

Danish-owned building materials company Cembrit has begun test production at its plant in Nyergesújfalu, western Hungary, where reconstruction was made...

Report: Panic reaches Budapest bourse

The main index of the Budapest Stock Exchange (BSE) BUX index was down 1.74% at 21,734.90 about five minutes after...

PannErgy after tax loss up in Q2

Hungarian geothermal-energy company on Wednesday posted a HUF 187 mln after-tax loss from the second quarter, after an after-tax loss...

State Secretary: Deficit target for 2015 realistic

The governmentʼs 2015 deficit target of 2.4% of GDP is still realistic considering the positive economic processes; the government will...

Samsonite launches expansion at Hungarian plant

The Hungarian unit of global luggage manufacturer Samsonite has inaugurated a HUF 2.4 bln expansion in Szekszárd, southwestern Hungary, national...

Raiffeisen to close 15 branches in Hungary this fall

Raiffeisen will close 15 of its branches in Hungary in September, Raiffeisen chief Heinz Wiedner said on Wednesday at a...

BUX up on relatively mild borrowers relief

The Budapest Stock Exchangeʼs main BUX index finished up 0.54% at 22,120.26 Wednesday after dropping 1.25% Tuesday. It is up...

General government deficit reaches HUF 894.1 bln in July, 100.2% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 894.1 bln at the end of July, a second reading...

Raiffeisen books €16 mln first-quarter profit in Hungary

Austriaʼs Raiffeisen Bank International (RBI) booked a €16 mln profit at its Hungarian subsidiary in the second quarter, compared to...

KSH: Gross wages up 3.6% in June

Average gross wages in Hungary saw a year-on-year rise of 3.6%, reaching HUF 245,661 in June, with net wages rising...

Government plans to call all EU funding tenders for 2014-2020 by mid-2017

The Hungarian government is planning to call all tenders for the 2014-2020 EU funding period by June 30 in 2017,...

Hungaryʼs leasing market grows 22% in Q2

The value of leases in Hungary rose 22.1% to HUF 226 bln in the second quarter as compared to a...

BAT plans to raise headcount by 200

The Hungarian unit of British American Tobacco (BAT) is planning to hire another 100 employees in addition to the 100...

BAMOSZ: Investment fund assets edge down to HUF 5.646 trillion in July

Assets in investment funds managed by the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) edged down 0.28%...