Tech

Telco

Gross wages up 11% in first quarter

The average gross wage for full-time workers in Hungary rose 10.2% year-on-year to HUF 367,200 in March, the Central Statistical...

Telco

Hungary to receive good-quality oil by Wed evening

By evening, clean crude oil will reach Hungary through the Druzhba, or "Friendship," pipeline, Igor Dyomin, an advisor to the...

Telco

Duna House Q1 earnings fall on base effect

First-quarter after-tax profit of listed real estate broker and property developer Duna House fell 74% year-on-year to HUF 166 million...

Telco

BGE launches HUF 1 bln innovation center in Zalaegerszeg

The Budapest Business Schoolʼs (BGE) faculty in Zalaegerszeg (227 southwest of Budapest) launched a nearly HUF 1 billion Innovation and...

Telco

Stockpiling before tax changes lifts Zwack profit

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 20% year-on-year to HUF 2.6 billion in the firmʼs business...

Telco

Ministry reaches out to SMEs to develop govʼt strategy

The governmentʼs support strategy for SMEs is being developed after extensive social consultations, said State Secretary for Economic Planning and...

Telco

Deficit confirmed at 3.9% of full-year target by end of April

Hungary’s general government, excluding local councils, ran a HUF 39 billion deficit at the end of April, reaching just 3.9%...

Telco

UkrTransNafta resumes oil deliveries through Druzhba pipeline

Ukraineʼs UkrTransNafta resumed deliveries of Russian crude to Hungary through the Druzhba pipeline on Tuesday after receiving notification from the...

Telco

CIG Pannónia Q1 profit falls as premiums revenue stagnates

Insurer CIG Pannóniaʼs first-quarter after-tax profit fell 16% year-on-year to HUF 508 million as revenue from premiums was flat, an...

Telco

AutoWallis raises capital in subsidiary

The board of directors of listed company AutoWallis has increased the equity of its subsidiary, Wallis Automotive Europe (WAE) Kft....

Telco

K&H Bank Q1 profit falls on one-offs

K&H Bank, the Hungarian unit of Belgiumʼs KBC, had first-quarter after-tax profit of HUF 12.2 billion, down 19% year-on-year, the...

Telco

4iG reaches HUF 280 mln after-tax profit in Q1

Listed IT company 4iG had HUF 280.5 million after-tax profit in the first quarter of 2019 compared to a HUF...

Telco

BAMOSZ investment fund assets reach HUF 6,378 bln

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

Telco

Mercedes factory expansion suspended

Due to problems facing the German automotive industry, several large manufacturers are rethinking their plans, with temporary changes meaning that...

Telco

Hungary pays Rosatom HUF 9.66 bln for Paks in March

Paks II, the project company for the upgrade of the Paks Nuclear Power Plant, paid Russiaʼs Rosatom, the general contractor...

Telco

Gross wages up 11% in first quarter

The average gross wage for full-time workers in Hungary rose 10.2% year-on-year to HUF 367,200 in March, the Central Statistical...

Telco

Hungary to receive good-quality oil by Wed evening

By evening, clean crude oil will reach Hungary through the Druzhba, or "Friendship," pipeline, Igor Dyomin, an advisor to the...

Telco

Duna House Q1 earnings fall on base effect

First-quarter after-tax profit of listed real estate broker and property developer Duna House fell 74% year-on-year to HUF 166 million...

Telco

BGE launches HUF 1 bln innovation center in Zalaegerszeg

The Budapest Business Schoolʼs (BGE) faculty in Zalaegerszeg (227 southwest of Budapest) launched a nearly HUF 1 billion Innovation and...

Telco

Stockpiling before tax changes lifts Zwack profit

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 20% year-on-year to HUF 2.6 billion in the firmʼs business...

Telco

Ministry reaches out to SMEs to develop govʼt strategy

The governmentʼs support strategy for SMEs is being developed after extensive social consultations, said State Secretary for Economic Planning and...

Telco

Deficit confirmed at 3.9% of full-year target by end of April

Hungary’s general government, excluding local councils, ran a HUF 39 billion deficit at the end of April, reaching just 3.9%...

Telco

UkrTransNafta resumes oil deliveries through Druzhba pipeline

Ukraineʼs UkrTransNafta resumed deliveries of Russian crude to Hungary through the Druzhba pipeline on Tuesday after receiving notification from the...

Telco

CIG Pannónia Q1 profit falls as premiums revenue stagnates

Insurer CIG Pannóniaʼs first-quarter after-tax profit fell 16% year-on-year to HUF 508 million as revenue from premiums was flat, an...

Telco

AutoWallis raises capital in subsidiary

The board of directors of listed company AutoWallis has increased the equity of its subsidiary, Wallis Automotive Europe (WAE) Kft....

Telco

K&H Bank Q1 profit falls on one-offs

K&H Bank, the Hungarian unit of Belgiumʼs KBC, had first-quarter after-tax profit of HUF 12.2 billion, down 19% year-on-year, the...

Telco

4iG reaches HUF 280 mln after-tax profit in Q1

Listed IT company 4iG had HUF 280.5 million after-tax profit in the first quarter of 2019 compared to a HUF...

Telco

BAMOSZ investment fund assets reach HUF 6,378 bln

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

Telco

Mercedes factory expansion suspended

Due to problems facing the German automotive industry, several large manufacturers are rethinking their plans, with temporary changes meaning that...

Telco

Hungary pays Rosatom HUF 9.66 bln for Paks in March

Paks II, the project company for the upgrade of the Paks Nuclear Power Plant, paid Russiaʼs Rosatom, the general contractor...

Gross wages up 11% in first quarter

The average gross wage for full-time workers in Hungary rose 10.2% year-on-year to HUF 367,200 in March, the Central Statistical...

Hungary to receive good-quality oil by Wed evening

By evening, clean crude oil will reach Hungary through the Druzhba, or "Friendship," pipeline, Igor Dyomin, an advisor to the...

Duna House Q1 earnings fall on base effect

First-quarter after-tax profit of listed real estate broker and property developer Duna House fell 74% year-on-year to HUF 166 million...

BGE launches HUF 1 bln innovation center in Zalaegerszeg

The Budapest Business Schoolʼs (BGE) faculty in Zalaegerszeg (227 southwest of Budapest) launched a nearly HUF 1 billion Innovation and...

Stockpiling before tax changes lifts Zwack profit

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 20% year-on-year to HUF 2.6 billion in the firmʼs business...

Ministry reaches out to SMEs to develop govʼt strategy

The governmentʼs support strategy for SMEs is being developed after extensive social consultations, said State Secretary for Economic Planning and...

Deficit confirmed at 3.9% of full-year target by end of April

Hungary’s general government, excluding local councils, ran a HUF 39 billion deficit at the end of April, reaching just 3.9%...

UkrTransNafta resumes oil deliveries through Druzhba pipeline

Ukraineʼs UkrTransNafta resumed deliveries of Russian crude to Hungary through the Druzhba pipeline on Tuesday after receiving notification from the...

CIG Pannónia Q1 profit falls as premiums revenue stagnates

Insurer CIG Pannóniaʼs first-quarter after-tax profit fell 16% year-on-year to HUF 508 million as revenue from premiums was flat, an...

AutoWallis raises capital in subsidiary

The board of directors of listed company AutoWallis has increased the equity of its subsidiary, Wallis Automotive Europe (WAE) Kft....

K&H Bank Q1 profit falls on one-offs

K&H Bank, the Hungarian unit of Belgiumʼs KBC, had first-quarter after-tax profit of HUF 12.2 billion, down 19% year-on-year, the...

4iG reaches HUF 280 mln after-tax profit in Q1

Listed IT company 4iG had HUF 280.5 million after-tax profit in the first quarter of 2019 compared to a HUF...

BAMOSZ investment fund assets reach HUF 6,378 bln

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

Mercedes factory expansion suspended

Due to problems facing the German automotive industry, several large manufacturers are rethinking their plans, with temporary changes meaning that...

Hungary pays Rosatom HUF 9.66 bln for Paks in March

Paks II, the project company for the upgrade of the Paks Nuclear Power Plant, paid Russiaʼs Rosatom, the general contractor...