Tech

Telco

BUX reaches new multi-year high

The Budapest Stock Exchangeʼs main BUX index finished up 1,68% at 22,420,43 the highest since July 7, 2011, Friday after...

Telco

Bank accounts worth of HUF 7 bln receive tax amnesty in Q1

Some 98 new "Stability Savings Accounts" with deposits totaling HUF 7.1 bln were opened at Hungarian banks in the first...

Telco

Graphisoft Park shareholders agree to HUF 60-per-share dividend

Shareholders of Graphisoft Park, which operates a business park in northern Budapest, decided at an annual general meeting yesterday that...

Telco

Tetra Pak Hungary 2014/15 revenue just shy of HUF 40 bln

The Hungarian unit of Swedish packaging firm Tetra Pak reported revenue of just under HUF 39.8 bln in the 2014/15...

Telco

Government orders audit of local councils

The government has requested the State Audit Agency to investigate local governments that invested in the three Hungarian brokerages that...

Telco

Danubius shareholders vote to pay no dividend

Shareholders of Danubius Hotels decided at an annual general meeting yesterday that the company would pay no dividend on last...

Telco

Twenty-four municipalities lost HUF 10.8 bln in Quaestor case

Twenty-four municipalities lost HUF 10.8 bln after independent broker Quaestor owned by Fidesz-friendly serial entrepreneur Csaba Tarsoly went bankrupt –...

Telco

BUX on the back burner again

The Budapest Stock Exchangeʼs main BUX index finished up 0.43% at 21,050.59 Thursday after rising 0.24% Wednesday. It is up...

Telco

Hungary general government deficit HUF 536.7 bln in January

Hungaryʼs cashflow-based general government balance, excluding local councils, came to HUF 536.7 bln in January-March, or 61.2% of the full-year...

Telco

Government clears 15% PIT rate for 2016

Hungaryʼs government has approved proposals to reduce the personal income tax rate from 16% to 15% next year, National Economy...

Telco

Motorway between Miskolc and Kosice to be completed by 2019

A motorway connecting Miskolc, in northeast Hungary, with Kosice, in Slovakia, is expected to be completed by 2018-2019, Prime Minister...

Telco

Varga: Cut personal income tax to 15% in 2016

Hungaryʼs National Economy Ministry proposed at a press conference yesterday that the personal income tax rate be lowered to 15%...

Telco

BUX further up

The Budapest Stock Exchangeʼs main BUX index finished up 1.20% at 21,903.37 Tuesday after rising 1.48% Monday. It is up...

Telco

Altera launches liquidation procedure against BTel

Hungaryʼs Altera launched a liquidation procedure today against Business Telecom (BTel) after the troubled company failed to settle invoices, Hungarian...

Telco

KSH: Average wages climb 3.4% in February

Both average gross and net wages in Hungary grew by a year-on-year 4.3% in February to a respective HUF 234,367...

Telco

BUX reaches new multi-year high

The Budapest Stock Exchangeʼs main BUX index finished up 1,68% at 22,420,43 the highest since July 7, 2011, Friday after...

Telco

Bank accounts worth of HUF 7 bln receive tax amnesty in Q1

Some 98 new "Stability Savings Accounts" with deposits totaling HUF 7.1 bln were opened at Hungarian banks in the first...

Telco

Graphisoft Park shareholders agree to HUF 60-per-share dividend

Shareholders of Graphisoft Park, which operates a business park in northern Budapest, decided at an annual general meeting yesterday that...

Telco

Tetra Pak Hungary 2014/15 revenue just shy of HUF 40 bln

The Hungarian unit of Swedish packaging firm Tetra Pak reported revenue of just under HUF 39.8 bln in the 2014/15...

Telco

Government orders audit of local councils

The government has requested the State Audit Agency to investigate local governments that invested in the three Hungarian brokerages that...

Telco

Danubius shareholders vote to pay no dividend

Shareholders of Danubius Hotels decided at an annual general meeting yesterday that the company would pay no dividend on last...

Telco

Twenty-four municipalities lost HUF 10.8 bln in Quaestor case

Twenty-four municipalities lost HUF 10.8 bln after independent broker Quaestor owned by Fidesz-friendly serial entrepreneur Csaba Tarsoly went bankrupt –...

Telco

BUX on the back burner again

The Budapest Stock Exchangeʼs main BUX index finished up 0.43% at 21,050.59 Thursday after rising 0.24% Wednesday. It is up...

Telco

Hungary general government deficit HUF 536.7 bln in January

Hungaryʼs cashflow-based general government balance, excluding local councils, came to HUF 536.7 bln in January-March, or 61.2% of the full-year...

Telco

Government clears 15% PIT rate for 2016

Hungaryʼs government has approved proposals to reduce the personal income tax rate from 16% to 15% next year, National Economy...

Telco

Motorway between Miskolc and Kosice to be completed by 2019

A motorway connecting Miskolc, in northeast Hungary, with Kosice, in Slovakia, is expected to be completed by 2018-2019, Prime Minister...

Telco

Varga: Cut personal income tax to 15% in 2016

Hungaryʼs National Economy Ministry proposed at a press conference yesterday that the personal income tax rate be lowered to 15%...

Telco

BUX further up

The Budapest Stock Exchangeʼs main BUX index finished up 1.20% at 21,903.37 Tuesday after rising 1.48% Monday. It is up...

Telco

Altera launches liquidation procedure against BTel

Hungaryʼs Altera launched a liquidation procedure today against Business Telecom (BTel) after the troubled company failed to settle invoices, Hungarian...

Telco

KSH: Average wages climb 3.4% in February

Both average gross and net wages in Hungary grew by a year-on-year 4.3% in February to a respective HUF 234,367...

BUX reaches new multi-year high

The Budapest Stock Exchangeʼs main BUX index finished up 1,68% at 22,420,43 the highest since July 7, 2011, Friday after...

Bank accounts worth of HUF 7 bln receive tax amnesty in Q1

Some 98 new "Stability Savings Accounts" with deposits totaling HUF 7.1 bln were opened at Hungarian banks in the first...

Graphisoft Park shareholders agree to HUF 60-per-share dividend

Shareholders of Graphisoft Park, which operates a business park in northern Budapest, decided at an annual general meeting yesterday that...

Tetra Pak Hungary 2014/15 revenue just shy of HUF 40 bln

The Hungarian unit of Swedish packaging firm Tetra Pak reported revenue of just under HUF 39.8 bln in the 2014/15...

Government orders audit of local councils

The government has requested the State Audit Agency to investigate local governments that invested in the three Hungarian brokerages that...

Danubius shareholders vote to pay no dividend

Shareholders of Danubius Hotels decided at an annual general meeting yesterday that the company would pay no dividend on last...

Twenty-four municipalities lost HUF 10.8 bln in Quaestor case

Twenty-four municipalities lost HUF 10.8 bln after independent broker Quaestor owned by Fidesz-friendly serial entrepreneur Csaba Tarsoly went bankrupt –...

BUX on the back burner again

The Budapest Stock Exchangeʼs main BUX index finished up 0.43% at 21,050.59 Thursday after rising 0.24% Wednesday. It is up...

Hungary general government deficit HUF 536.7 bln in January

Hungaryʼs cashflow-based general government balance, excluding local councils, came to HUF 536.7 bln in January-March, or 61.2% of the full-year...

Government clears 15% PIT rate for 2016

Hungaryʼs government has approved proposals to reduce the personal income tax rate from 16% to 15% next year, National Economy...

Motorway between Miskolc and Kosice to be completed by 2019

A motorway connecting Miskolc, in northeast Hungary, with Kosice, in Slovakia, is expected to be completed by 2018-2019, Prime Minister...

Varga: Cut personal income tax to 15% in 2016

Hungaryʼs National Economy Ministry proposed at a press conference yesterday that the personal income tax rate be lowered to 15%...

BUX further up

The Budapest Stock Exchangeʼs main BUX index finished up 1.20% at 21,903.37 Tuesday after rising 1.48% Monday. It is up...

Altera launches liquidation procedure against BTel

Hungaryʼs Altera launched a liquidation procedure today against Business Telecom (BTel) after the troubled company failed to settle invoices, Hungarian...

KSH: Average wages climb 3.4% in February

Both average gross and net wages in Hungary grew by a year-on-year 4.3% in February to a respective HUF 234,367...