Tech

Telco

Alteo net earnings more than double in first quarter

Hungarian energy supplier and trader Alteo ended the first quarter of this year with net earnings of HUF 62.549 mln,...

Telco

BUX snaps losing streak

The Budapest Stock Exchangeʼs main BUX index finished up 0.88% at 22,393.01 Friday, after losing 0.88% Thursday. It is up...

Telco

FHB experiences after-tax loss in Q1

FHB Mortgage Bank posted a first-quarter after-tax loss of HUF 3.8 bln last Friday, after reporting a HUF 1.15 bln...

Telco

OTP Q1 net income falls 64% to HUF 2.2 bln

OTP Bankʼs consolidated first-quarter net income fell 64% to HUF 2.2 bln, an earnings report published today reveals. Diluted earnings...

Telco

OTP’s Csányi still richest man in Hungary

Sándor Csányi, the proprietor of agribusiness Bonafarm and director of OTP Bank, still ranks as the richest man in Hungary,...

Telco

Buyers to take over assets of troubled clothing manufacturer Styl

A foreign and a Hungarian strategic investor, along with the local council of Szombathely, in western Hungary, will assume ownership...

Telco

BUX falls further while bond yields rally

The Budapest Stock Exchangeʼs main BUX index finished down 0.88% at 22,196.60 Thursday, after sinking 0.60% Wednesday. It is up...

Telco

CIG Pannonia premiums revenue reaches HUF 4.1 bln

CIG Pannonia saw a year-on-year rise of 10% on its gross revenue in the first quarter from premiums, reaching HUF...

Telco

Raba Q1 profit up following financial gain

Hungarian manufacturer and distributor of automotive components Raba had a first-quarter after-tax profit of HUF 709 mln after reaching the...

Telco

Masterplast Q1 profit rises on financial gain

Hungarian building materials manufacturer Masterplast had first-quarter after-tax profit of €900,000, improving from a net loss of €630,000 in the...

Telco

MOL calculates dividend as HUF 485.5 per share

Hungarian oil and gas company MOL yesterday said a dividend it will pay stakeholders on last yearʼs earnings amounts to...

Telco

BUX falls further despite strong GDP growth data

The Budapest Stock Exchangeʼs main BUX index finished down 0.60% at 22,393.97 Wednesday, after sinking 0.82% Tuesday. It is up...

Telco

Government submits 2016 budget bill

National Economy Minister Mihály Varga ceremoniously submitted the 2016 budget bill to House Speaker László Kövér in parliament today, Hungarian...

Telco

MTel to focus on network developments

Magyar Telekom, the Hungarian subsidiary of German telco giant Deutsche Telekom, expressed commitment to focus on network developments this year...

Telco

CETA to strengthen trade ties between Canada, Hungary

The Comprehensive Economic and Trade Agreement (CETA) between the European Union and Canada is expected to strengthen trade ties between...

Telco

Alteo net earnings more than double in first quarter

Hungarian energy supplier and trader Alteo ended the first quarter of this year with net earnings of HUF 62.549 mln,...

Telco

BUX snaps losing streak

The Budapest Stock Exchangeʼs main BUX index finished up 0.88% at 22,393.01 Friday, after losing 0.88% Thursday. It is up...

Telco

FHB experiences after-tax loss in Q1

FHB Mortgage Bank posted a first-quarter after-tax loss of HUF 3.8 bln last Friday, after reporting a HUF 1.15 bln...

Telco

OTP Q1 net income falls 64% to HUF 2.2 bln

OTP Bankʼs consolidated first-quarter net income fell 64% to HUF 2.2 bln, an earnings report published today reveals. Diluted earnings...

Telco

OTP’s Csányi still richest man in Hungary

Sándor Csányi, the proprietor of agribusiness Bonafarm and director of OTP Bank, still ranks as the richest man in Hungary,...

Telco

Buyers to take over assets of troubled clothing manufacturer Styl

A foreign and a Hungarian strategic investor, along with the local council of Szombathely, in western Hungary, will assume ownership...

Telco

BUX falls further while bond yields rally

The Budapest Stock Exchangeʼs main BUX index finished down 0.88% at 22,196.60 Thursday, after sinking 0.60% Wednesday. It is up...

Telco

CIG Pannonia premiums revenue reaches HUF 4.1 bln

CIG Pannonia saw a year-on-year rise of 10% on its gross revenue in the first quarter from premiums, reaching HUF...

Telco

Raba Q1 profit up following financial gain

Hungarian manufacturer and distributor of automotive components Raba had a first-quarter after-tax profit of HUF 709 mln after reaching the...

Telco

Masterplast Q1 profit rises on financial gain

Hungarian building materials manufacturer Masterplast had first-quarter after-tax profit of €900,000, improving from a net loss of €630,000 in the...

Telco

MOL calculates dividend as HUF 485.5 per share

Hungarian oil and gas company MOL yesterday said a dividend it will pay stakeholders on last yearʼs earnings amounts to...

Telco

BUX falls further despite strong GDP growth data

The Budapest Stock Exchangeʼs main BUX index finished down 0.60% at 22,393.97 Wednesday, after sinking 0.82% Tuesday. It is up...

Telco

Government submits 2016 budget bill

National Economy Minister Mihály Varga ceremoniously submitted the 2016 budget bill to House Speaker László Kövér in parliament today, Hungarian...

Telco

MTel to focus on network developments

Magyar Telekom, the Hungarian subsidiary of German telco giant Deutsche Telekom, expressed commitment to focus on network developments this year...

Telco

CETA to strengthen trade ties between Canada, Hungary

The Comprehensive Economic and Trade Agreement (CETA) between the European Union and Canada is expected to strengthen trade ties between...

Alteo net earnings more than double in first quarter

Hungarian energy supplier and trader Alteo ended the first quarter of this year with net earnings of HUF 62.549 mln,...

BUX snaps losing streak

The Budapest Stock Exchangeʼs main BUX index finished up 0.88% at 22,393.01 Friday, after losing 0.88% Thursday. It is up...

FHB experiences after-tax loss in Q1

FHB Mortgage Bank posted a first-quarter after-tax loss of HUF 3.8 bln last Friday, after reporting a HUF 1.15 bln...

OTP Q1 net income falls 64% to HUF 2.2 bln

OTP Bankʼs consolidated first-quarter net income fell 64% to HUF 2.2 bln, an earnings report published today reveals. Diluted earnings...

OTP’s Csányi still richest man in Hungary

Sándor Csányi, the proprietor of agribusiness Bonafarm and director of OTP Bank, still ranks as the richest man in Hungary,...

Buyers to take over assets of troubled clothing manufacturer Styl

A foreign and a Hungarian strategic investor, along with the local council of Szombathely, in western Hungary, will assume ownership...

BUX falls further while bond yields rally

The Budapest Stock Exchangeʼs main BUX index finished down 0.88% at 22,196.60 Thursday, after sinking 0.60% Wednesday. It is up...

CIG Pannonia premiums revenue reaches HUF 4.1 bln

CIG Pannonia saw a year-on-year rise of 10% on its gross revenue in the first quarter from premiums, reaching HUF...

Raba Q1 profit up following financial gain

Hungarian manufacturer and distributor of automotive components Raba had a first-quarter after-tax profit of HUF 709 mln after reaching the...

Masterplast Q1 profit rises on financial gain

Hungarian building materials manufacturer Masterplast had first-quarter after-tax profit of €900,000, improving from a net loss of €630,000 in the...

MOL calculates dividend as HUF 485.5 per share

Hungarian oil and gas company MOL yesterday said a dividend it will pay stakeholders on last yearʼs earnings amounts to...

BUX falls further despite strong GDP growth data

The Budapest Stock Exchangeʼs main BUX index finished down 0.60% at 22,393.97 Wednesday, after sinking 0.82% Tuesday. It is up...

Government submits 2016 budget bill

National Economy Minister Mihály Varga ceremoniously submitted the 2016 budget bill to House Speaker László Kövér in parliament today, Hungarian...

MTel to focus on network developments

Magyar Telekom, the Hungarian subsidiary of German telco giant Deutsche Telekom, expressed commitment to focus on network developments this year...

CETA to strengthen trade ties between Canada, Hungary

The Comprehensive Economic and Trade Agreement (CETA) between the European Union and Canada is expected to strengthen trade ties between...