Tech

Telco

4iG profits drop with costs outpacing revenue

Hungarian software company 4iG's net profit dropped by 48%, down to HUF 257 mln, last year as costs rose faster...

Telco

BUX down after strong weeks

The Budapest Stock Exchange's main BUX index finished down 1.18% at 17,870.65 Monday, after dropping 0.16% Friday from a near...

Telco

K&H Bank books HUF 29 bln loss on borrowers relief provisions

K&H Bank, the Hungarian business of Belgium's KBC, booked a consolidated HUF 29.1 bln loss last year because of compensation...

Telco

MNB: Hungary’s c/a surplus €370 mln in December

Hungary's current-account surplus was at €369.9 mln in December, bringing Q4 surplus to a preliminary €1.21 bln, the monthly balance...

Telco

MNB: Net EU transfers exceed €1 bln in December

Net transfers from the European Union to Hungary totaled €1.029 bln in December 2014, pushing the net inflow from the...

Telco

Private banking: shrinking margins, stagnating client base

The following article is from the February 13-26 print edition of the Budapest Business Journal....

Telco

INA reports 64% fall in profit

Croatian oil and gas company INA — a subsidiary of Hungarian peer MOL —posted net profit excluding special items of...

Telco

Government issues $700 mln loan guarantee for Budapest Bank purchase

The Hungarian government has undertaken to provide a guarantee to a loan worth up to $700 mln, which is expected...

Telco

State energy group MVM buys 50% of Panrusgaz under option

State-owned Hungarian Electricity Works (MVM) has purchased 50% of the shares of gas trading company Panrusgaz Gázkereskedelmi, which specializes in...

Telco

BUX pares gains after strong week

The Budapest Stock Exchange's main BUX index finished down 0.16% at 18,083.82 Friday, after rising 2.08% Thursday to a near...

Telco

Eagle Ottawa launches HUF 9 bln expansion in Hungary

U.S. automobile interior producer Eagle Ottawa is investing HUF 9 bln in its Hungarian base in order to double capacity...

Telco

BUX up on Ukraine hopes

The Budapest Stock Exchange's main BUX index finished up 2.08% at 18,113.16 Thursday, a near five-month high, after losing 1.10%...

Telco

MNB: Forint liquidity of banking sector grows in January

The National Bank of Hungary (MNB) today said that the forint liquidity of the country’s banking sector increased in January...

Telco

Sziget Festival budget increases to HUF 4.4 bln

The organizers of the world-renowned Sziget Festival, a week-long musical extravaganza on an island in the Danube, are expecting to...

Telco

BUX down on European caution

The Budapest Stock Exchange's main BUX index finished down 1.10% at 17,744.91 Wednesday, after rising 1.56% Tuesday to a four-month...

Telco

4iG profits drop with costs outpacing revenue

Hungarian software company 4iG's net profit dropped by 48%, down to HUF 257 mln, last year as costs rose faster...

Telco

BUX down after strong weeks

The Budapest Stock Exchange's main BUX index finished down 1.18% at 17,870.65 Monday, after dropping 0.16% Friday from a near...

Telco

K&H Bank books HUF 29 bln loss on borrowers relief provisions

K&H Bank, the Hungarian business of Belgium's KBC, booked a consolidated HUF 29.1 bln loss last year because of compensation...

Telco

MNB: Hungary’s c/a surplus €370 mln in December

Hungary's current-account surplus was at €369.9 mln in December, bringing Q4 surplus to a preliminary €1.21 bln, the monthly balance...

Telco

MNB: Net EU transfers exceed €1 bln in December

Net transfers from the European Union to Hungary totaled €1.029 bln in December 2014, pushing the net inflow from the...

Telco

Private banking: shrinking margins, stagnating client base

The following article is from the February 13-26 print edition of the Budapest Business Journal....

Telco

INA reports 64% fall in profit

Croatian oil and gas company INA — a subsidiary of Hungarian peer MOL —posted net profit excluding special items of...

Telco

Government issues $700 mln loan guarantee for Budapest Bank purchase

The Hungarian government has undertaken to provide a guarantee to a loan worth up to $700 mln, which is expected...

Telco

State energy group MVM buys 50% of Panrusgaz under option

State-owned Hungarian Electricity Works (MVM) has purchased 50% of the shares of gas trading company Panrusgaz Gázkereskedelmi, which specializes in...

Telco

BUX pares gains after strong week

The Budapest Stock Exchange's main BUX index finished down 0.16% at 18,083.82 Friday, after rising 2.08% Thursday to a near...

Telco

Eagle Ottawa launches HUF 9 bln expansion in Hungary

U.S. automobile interior producer Eagle Ottawa is investing HUF 9 bln in its Hungarian base in order to double capacity...

Telco

BUX up on Ukraine hopes

The Budapest Stock Exchange's main BUX index finished up 2.08% at 18,113.16 Thursday, a near five-month high, after losing 1.10%...

Telco

MNB: Forint liquidity of banking sector grows in January

The National Bank of Hungary (MNB) today said that the forint liquidity of the country’s banking sector increased in January...

Telco

Sziget Festival budget increases to HUF 4.4 bln

The organizers of the world-renowned Sziget Festival, a week-long musical extravaganza on an island in the Danube, are expecting to...

Telco

BUX down on European caution

The Budapest Stock Exchange's main BUX index finished down 1.10% at 17,744.91 Wednesday, after rising 1.56% Tuesday to a four-month...

4iG profits drop with costs outpacing revenue

Hungarian software company 4iG's net profit dropped by 48%, down to HUF 257 mln, last year as costs rose faster...

BUX down after strong weeks

The Budapest Stock Exchange's main BUX index finished down 1.18% at 17,870.65 Monday, after dropping 0.16% Friday from a near...

K&H Bank books HUF 29 bln loss on borrowers relief provisions

K&H Bank, the Hungarian business of Belgium's KBC, booked a consolidated HUF 29.1 bln loss last year because of compensation...

MNB: Hungary’s c/a surplus €370 mln in December

Hungary's current-account surplus was at €369.9 mln in December, bringing Q4 surplus to a preliminary €1.21 bln, the monthly balance...

MNB: Net EU transfers exceed €1 bln in December

Net transfers from the European Union to Hungary totaled €1.029 bln in December 2014, pushing the net inflow from the...

Private banking: shrinking margins, stagnating client base

The following article is from the February 13-26 print edition of the Budapest Business Journal....

INA reports 64% fall in profit

Croatian oil and gas company INA — a subsidiary of Hungarian peer MOL —posted net profit excluding special items of...

Government issues $700 mln loan guarantee for Budapest Bank purchase

The Hungarian government has undertaken to provide a guarantee to a loan worth up to $700 mln, which is expected...

State energy group MVM buys 50% of Panrusgaz under option

State-owned Hungarian Electricity Works (MVM) has purchased 50% of the shares of gas trading company Panrusgaz Gázkereskedelmi, which specializes in...

BUX pares gains after strong week

The Budapest Stock Exchange's main BUX index finished down 0.16% at 18,083.82 Friday, after rising 2.08% Thursday to a near...

Eagle Ottawa launches HUF 9 bln expansion in Hungary

U.S. automobile interior producer Eagle Ottawa is investing HUF 9 bln in its Hungarian base in order to double capacity...

BUX up on Ukraine hopes

The Budapest Stock Exchange's main BUX index finished up 2.08% at 18,113.16 Thursday, a near five-month high, after losing 1.10%...

MNB: Forint liquidity of banking sector grows in January

The National Bank of Hungary (MNB) today said that the forint liquidity of the country’s banking sector increased in January...

Sziget Festival budget increases to HUF 4.4 bln

The organizers of the world-renowned Sziget Festival, a week-long musical extravaganza on an island in the Danube, are expecting to...

BUX down on European caution

The Budapest Stock Exchange's main BUX index finished down 1.10% at 17,744.91 Wednesday, after rising 1.56% Tuesday to a four-month...