Tech

Telco

Wabererʼs appoints new CEO

Listed road haulage company Wabererʼs International on Friday announced the appointment of a new CEO, Robert Ziegler, a former COO...

Telco

General govʼt maintains budget surplus to end of February

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 67.3 billion surplus at the end of February, the...

Telco

Insurersʼ premium revenues rise 7.1% in 2018

Hungarian insurersʼ revenues from premiums rose 7.1% in 2018 to HUF 1,024 billion, fresh data compiled by the National Bank...

Telco

Konzum-Opus exchange ratio set at 2:1

The exchange ratio for the stock-for-stock merger of listed holding company Konzum with peer Opus Global has been set at...

Telco

Shareholders approve merger of Konzum, Opus

Shareholders of listed holding companies Opus Global and Konzum approved the proposal to merge Konzum into Opus at shareholdersʼ meetings...

Telco

OTP Q4 profit climbs 14% to HUF 77.8 bln

OTP Bankʼs consolidated fourth-quarter after-tax profit rose 14% year-on-year to HUF 77.8 billion, supported by an expanding balance sheet, state...

Telco

First tenders for Hungarian Village Program called

The government on Wednesday called the first tenders in the Hungarian Village Program, a HUF 150 billion rural development scheme...

Telco

MOL Q4 profit rise modest, but beats expectations

Fourth-quarter net income of Hungarian oil and gas company MOL edged up 2% year-on-year to HUF 78 billion, an earnings...

Telco

General govʼt January surplus confirmed

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 244.5 billion surplus at the end of January, the...

Telco

Double-digit earnings growth sustained through 2018

In December 2018, average gross earnings amounted to HUF 360,000, some 10.2% higher than in December 2017. In the whole...

Telco

Construction industry pushes for earlier funding payouts

Construction industry association EVOSZ is urging the government to make funding for investments at SMEs available sooner, association chairman László...

Telco

Higher revenue, HQ sale lift Magyar Telekom profit

Fourth-quarter after-tax profit of Magyar Telekom (MTel) rose 49% year-on-year to HUF 7.7 billion, supported by higher sales and one-off...

Telco

CIG Pannónia profit falls to HUF 2.1 bln in 2018

After-tax profit of CIG Pannónia Life Insurance fell 19% to HUF 2.1 billion in 2018, an earnings report released early...

Telco

Four-quarter household savings ratio drops to 5.9% of GDP

Hungaryʼs rolling four-quarter net household financial savings ratio slipped to 5.9% of GDP in 2018, show preliminary data published by...

Telco

MNB sets date for old HUF 10,000 bill withdrawal

The National Bank of Hungary (MNB) will withdraw old HUF 10,000 banknotes at the end of this year, a decree...

Telco

Wabererʼs appoints new CEO

Listed road haulage company Wabererʼs International on Friday announced the appointment of a new CEO, Robert Ziegler, a former COO...

Telco

General govʼt maintains budget surplus to end of February

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 67.3 billion surplus at the end of February, the...

Telco

Insurersʼ premium revenues rise 7.1% in 2018

Hungarian insurersʼ revenues from premiums rose 7.1% in 2018 to HUF 1,024 billion, fresh data compiled by the National Bank...

Telco

Konzum-Opus exchange ratio set at 2:1

The exchange ratio for the stock-for-stock merger of listed holding company Konzum with peer Opus Global has been set at...

Telco

Shareholders approve merger of Konzum, Opus

Shareholders of listed holding companies Opus Global and Konzum approved the proposal to merge Konzum into Opus at shareholdersʼ meetings...

Telco

OTP Q4 profit climbs 14% to HUF 77.8 bln

OTP Bankʼs consolidated fourth-quarter after-tax profit rose 14% year-on-year to HUF 77.8 billion, supported by an expanding balance sheet, state...

Telco

First tenders for Hungarian Village Program called

The government on Wednesday called the first tenders in the Hungarian Village Program, a HUF 150 billion rural development scheme...

Telco

MOL Q4 profit rise modest, but beats expectations

Fourth-quarter net income of Hungarian oil and gas company MOL edged up 2% year-on-year to HUF 78 billion, an earnings...

Telco

General govʼt January surplus confirmed

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 244.5 billion surplus at the end of January, the...

Telco

Double-digit earnings growth sustained through 2018

In December 2018, average gross earnings amounted to HUF 360,000, some 10.2% higher than in December 2017. In the whole...

Telco

Construction industry pushes for earlier funding payouts

Construction industry association EVOSZ is urging the government to make funding for investments at SMEs available sooner, association chairman László...

Telco

Higher revenue, HQ sale lift Magyar Telekom profit

Fourth-quarter after-tax profit of Magyar Telekom (MTel) rose 49% year-on-year to HUF 7.7 billion, supported by higher sales and one-off...

Telco

CIG Pannónia profit falls to HUF 2.1 bln in 2018

After-tax profit of CIG Pannónia Life Insurance fell 19% to HUF 2.1 billion in 2018, an earnings report released early...

Telco

Four-quarter household savings ratio drops to 5.9% of GDP

Hungaryʼs rolling four-quarter net household financial savings ratio slipped to 5.9% of GDP in 2018, show preliminary data published by...

Telco

MNB sets date for old HUF 10,000 bill withdrawal

The National Bank of Hungary (MNB) will withdraw old HUF 10,000 banknotes at the end of this year, a decree...

Wabererʼs appoints new CEO

Listed road haulage company Wabererʼs International on Friday announced the appointment of a new CEO, Robert Ziegler, a former COO...

General govʼt maintains budget surplus to end of February

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 67.3 billion surplus at the end of February, the...

Insurersʼ premium revenues rise 7.1% in 2018

Hungarian insurersʼ revenues from premiums rose 7.1% in 2018 to HUF 1,024 billion, fresh data compiled by the National Bank...

Konzum-Opus exchange ratio set at 2:1

The exchange ratio for the stock-for-stock merger of listed holding company Konzum with peer Opus Global has been set at...

Shareholders approve merger of Konzum, Opus

Shareholders of listed holding companies Opus Global and Konzum approved the proposal to merge Konzum into Opus at shareholdersʼ meetings...

OTP Q4 profit climbs 14% to HUF 77.8 bln

OTP Bankʼs consolidated fourth-quarter after-tax profit rose 14% year-on-year to HUF 77.8 billion, supported by an expanding balance sheet, state...

First tenders for Hungarian Village Program called

The government on Wednesday called the first tenders in the Hungarian Village Program, a HUF 150 billion rural development scheme...

MOL Q4 profit rise modest, but beats expectations

Fourth-quarter net income of Hungarian oil and gas company MOL edged up 2% year-on-year to HUF 78 billion, an earnings...

General govʼt January surplus confirmed

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 244.5 billion surplus at the end of January, the...

Double-digit earnings growth sustained through 2018

In December 2018, average gross earnings amounted to HUF 360,000, some 10.2% higher than in December 2017. In the whole...

Construction industry pushes for earlier funding payouts

Construction industry association EVOSZ is urging the government to make funding for investments at SMEs available sooner, association chairman László...

Higher revenue, HQ sale lift Magyar Telekom profit

Fourth-quarter after-tax profit of Magyar Telekom (MTel) rose 49% year-on-year to HUF 7.7 billion, supported by higher sales and one-off...

CIG Pannónia profit falls to HUF 2.1 bln in 2018

After-tax profit of CIG Pannónia Life Insurance fell 19% to HUF 2.1 billion in 2018, an earnings report released early...

Four-quarter household savings ratio drops to 5.9% of GDP

Hungaryʼs rolling four-quarter net household financial savings ratio slipped to 5.9% of GDP in 2018, show preliminary data published by...

MNB sets date for old HUF 10,000 bill withdrawal

The National Bank of Hungary (MNB) will withdraw old HUF 10,000 banknotes at the end of this year, a decree...