Tech

Telco

MFB sees HUF 2.5 bln pre-tax profit last year

State-owned Hungarian Development Bank (MFB) saw a pre-tax profit of HUF 2.5 bln last year, CEO Csaba Nagy said today....

Telco

KSH: Gross wages up 4.9% in March

Average gross wages in Hungary saw a year-on-year rise of 4.9%, reaching HUF 247,917 in March, with net wages rising...

Telco

BUX back down

The Budapest Stock Exchangeʼs main BUX index finished down 0.46% at 22,231.29 Wednesday, after rising 0.37% Tuesday. It is up...

Telco

Sales of lottery ticket doubled last week

Sales of lottery tickets rose to just over 7.3 million last week, more than double the weekly average of 3-3.5...

Telco

GfK: Sales of consumer electronics, home appliance up 11% in Q1

Sales of durable consumer electronics and appliances increased by 11.1% in the first quarter of 2015, as compared to the...

Telco

Hungary leasing market swells by 20% in Q1

The value of leases in Hungary increased by more than 20% to HUF 107 bln in the first quarter as...

Telco

BUX recovers on ECB optimism

The Budapest Stock Exchangeʼs main BUX index finished up 0.37% at 22,333.72 Tuesday, after falling 0.63% Monday. It is up...

Telco

Investment fund assets reach HUF 5.627 trillion in April

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

Telco

HB Reavis group’s profit increases by 26% in 2014

Leading CEE property development company HB Reavis group’s annual consolidated profit grew by 26% to €89 mln in 2014, the...

Telco

MNB fines BTel for violations

The National Bank of Hungary (MNB) today said it had fined Business Telecom (BTel) almost HUF 49 mln on charges...

Telco

Danubius Hotels Q1 loss narrows on FX gain

Hungaryʼs Danubius Hotelsʼ first-quarter loss narrowed to HUF 980 mln from the HUF 2.6 bln loss recorded in the same...

Telco

MagNet Bank total assets reach almost HUF 105 bln

Hungaryʼs MagNet Bank closed last year with total assets of HUF 104.8 bln, while total assets rose from HUF 83.9...

Telco

OTP Bank raises capital at Ukrainian subsidiary

OTP Bank on Friday said a capital increase to UAH 3,668,186,135 (€155 mln) from UAH 2,868,190,521 (€121 mln) was registered...

Telco

Insurersʼ premiums revenue up 2% in Q1

Hungarian insurersʼ combined revenue from premiums rose 2% to HUF 247.8 bln in the first quarter of this year as...

Telco

PannErgy posts consolidated net earnings of HUF 118 mln in Q1

Hungarian geothermal-energy company PannErgy had consolidated net earnings of HUF 118 mln in the first quarter of this year in...

Telco

MFB sees HUF 2.5 bln pre-tax profit last year

State-owned Hungarian Development Bank (MFB) saw a pre-tax profit of HUF 2.5 bln last year, CEO Csaba Nagy said today....

Telco

KSH: Gross wages up 4.9% in March

Average gross wages in Hungary saw a year-on-year rise of 4.9%, reaching HUF 247,917 in March, with net wages rising...

Telco

BUX back down

The Budapest Stock Exchangeʼs main BUX index finished down 0.46% at 22,231.29 Wednesday, after rising 0.37% Tuesday. It is up...

Telco

Sales of lottery ticket doubled last week

Sales of lottery tickets rose to just over 7.3 million last week, more than double the weekly average of 3-3.5...

Telco

GfK: Sales of consumer electronics, home appliance up 11% in Q1

Sales of durable consumer electronics and appliances increased by 11.1% in the first quarter of 2015, as compared to the...

Telco

Hungary leasing market swells by 20% in Q1

The value of leases in Hungary increased by more than 20% to HUF 107 bln in the first quarter as...

Telco

BUX recovers on ECB optimism

The Budapest Stock Exchangeʼs main BUX index finished up 0.37% at 22,333.72 Tuesday, after falling 0.63% Monday. It is up...

Telco

Investment fund assets reach HUF 5.627 trillion in April

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

Telco

HB Reavis group’s profit increases by 26% in 2014

Leading CEE property development company HB Reavis group’s annual consolidated profit grew by 26% to €89 mln in 2014, the...

Telco

MNB fines BTel for violations

The National Bank of Hungary (MNB) today said it had fined Business Telecom (BTel) almost HUF 49 mln on charges...

Telco

Danubius Hotels Q1 loss narrows on FX gain

Hungaryʼs Danubius Hotelsʼ first-quarter loss narrowed to HUF 980 mln from the HUF 2.6 bln loss recorded in the same...

Telco

MagNet Bank total assets reach almost HUF 105 bln

Hungaryʼs MagNet Bank closed last year with total assets of HUF 104.8 bln, while total assets rose from HUF 83.9...

Telco

OTP Bank raises capital at Ukrainian subsidiary

OTP Bank on Friday said a capital increase to UAH 3,668,186,135 (€155 mln) from UAH 2,868,190,521 (€121 mln) was registered...

Telco

Insurersʼ premiums revenue up 2% in Q1

Hungarian insurersʼ combined revenue from premiums rose 2% to HUF 247.8 bln in the first quarter of this year as...

Telco

PannErgy posts consolidated net earnings of HUF 118 mln in Q1

Hungarian geothermal-energy company PannErgy had consolidated net earnings of HUF 118 mln in the first quarter of this year in...

MFB sees HUF 2.5 bln pre-tax profit last year

State-owned Hungarian Development Bank (MFB) saw a pre-tax profit of HUF 2.5 bln last year, CEO Csaba Nagy said today....

KSH: Gross wages up 4.9% in March

Average gross wages in Hungary saw a year-on-year rise of 4.9%, reaching HUF 247,917 in March, with net wages rising...

BUX back down

The Budapest Stock Exchangeʼs main BUX index finished down 0.46% at 22,231.29 Wednesday, after rising 0.37% Tuesday. It is up...

Sales of lottery ticket doubled last week

Sales of lottery tickets rose to just over 7.3 million last week, more than double the weekly average of 3-3.5...

GfK: Sales of consumer electronics, home appliance up 11% in Q1

Sales of durable consumer electronics and appliances increased by 11.1% in the first quarter of 2015, as compared to the...

Hungary leasing market swells by 20% in Q1

The value of leases in Hungary increased by more than 20% to HUF 107 bln in the first quarter as...

BUX recovers on ECB optimism

The Budapest Stock Exchangeʼs main BUX index finished up 0.37% at 22,333.72 Tuesday, after falling 0.63% Monday. It is up...

Investment fund assets reach HUF 5.627 trillion in April

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

HB Reavis group’s profit increases by 26% in 2014

Leading CEE property development company HB Reavis group’s annual consolidated profit grew by 26% to €89 mln in 2014, the...

MNB fines BTel for violations

The National Bank of Hungary (MNB) today said it had fined Business Telecom (BTel) almost HUF 49 mln on charges...

Danubius Hotels Q1 loss narrows on FX gain

Hungaryʼs Danubius Hotelsʼ first-quarter loss narrowed to HUF 980 mln from the HUF 2.6 bln loss recorded in the same...

MagNet Bank total assets reach almost HUF 105 bln

Hungaryʼs MagNet Bank closed last year with total assets of HUF 104.8 bln, while total assets rose from HUF 83.9...

OTP Bank raises capital at Ukrainian subsidiary

OTP Bank on Friday said a capital increase to UAH 3,668,186,135 (€155 mln) from UAH 2,868,190,521 (€121 mln) was registered...

Insurersʼ premiums revenue up 2% in Q1

Hungarian insurersʼ combined revenue from premiums rose 2% to HUF 247.8 bln in the first quarter of this year as...

PannErgy posts consolidated net earnings of HUF 118 mln in Q1

Hungarian geothermal-energy company PannErgy had consolidated net earnings of HUF 118 mln in the first quarter of this year in...