Tech

Telco

AutoWallis Plans Regional Expansion After BSE Listing

Hungarian asset manager and automotive holding AutoWallis Nyrt. plans to double its revenues and carry out acquisitions in Central and...

Telco

Hell Energy completes HUF 30 bln capacity expansion

Soft drink maker Hell Energy finished the final phase of a HUF 30 billion investment project at its base in...

Telco

Orbán reveals radical family support package

Prime Minister Viktor Orbán unveiled a package of measures to support families with children at his annual state of the...

Telco

General govʼt closes January with budget surplus

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

Telco

Richter rebounds from Esmya losses in Q4

Hungarian drugmaker Gedeon Richter on Thursday reported a net loss of HUF 16.4 billion in the fourth quarter of 2018,...

Telco

Hauni Hungaria invests HUF 5.7 bln in Pécs

German-owned Hauni Hungaria, which makes machinery for the tobacco industry, will invest HUF 5.7 billion at its base in Pécs...

Telco

Corporate lending stock falls in December

The corporate lending stock of Hungarian banks fell in December from the previous month on net repayments and revaluations, fresh...

Telco

ÁKK to add short-term security, pension bond to retail mix

Hungaryʼs Government Debt Management Agency (ÁKK) plans to expand its product palette with a short-term retail security, as well as...

Telco

2018 Black Friday sales were up 20%

Based on the latest results of its survey conducted on Christmas shopping, internet research firm eNET said the end of...

Telco

General govʼt deficit falls to 106% of target at yearʼs end

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,445.1 billion deficit as of the end of December...

Telco

Gross wages up 10.4% y-o-y in November

In November 2018, average gross monthly earnings amounted to HUF 355,100, a 10.4% increase compared to November 2017, according to...

Telco

FAG inaugurates bearings factory in Debrecen

FAG Hungary, the local unit of Germanyʼs Schaeffler Group, has inaugurated a HUF 25 billion bearings factory in Debrecen, eastern...

Telco

Banking sector liquidity up, 3-month depos phased out in Dec

Forint liquidity of Hungaryʼs banking sector rose in December 2018 from a month earlier, which was mainly reflected in the...

Telco

Mahart orders boats worth HUF 1.5 bln from Nicols

State-owned Hungarian passenger shipping company Mahart has acquired 20 boats from French company Nicols for HUF 1.5 billion in a...

Telco

VAT revenue climbs more than HUF 400bln in 2018

Revenue from VAT rose HUF 403 billion last year, an increase supported by the introduction of mandatory electronic invoicing mid-year,...

Telco

AutoWallis Plans Regional Expansion After BSE Listing

Hungarian asset manager and automotive holding AutoWallis Nyrt. plans to double its revenues and carry out acquisitions in Central and...

Telco

Hell Energy completes HUF 30 bln capacity expansion

Soft drink maker Hell Energy finished the final phase of a HUF 30 billion investment project at its base in...

Telco

Orbán reveals radical family support package

Prime Minister Viktor Orbán unveiled a package of measures to support families with children at his annual state of the...

Telco

General govʼt closes January with budget surplus

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

Telco

Richter rebounds from Esmya losses in Q4

Hungarian drugmaker Gedeon Richter on Thursday reported a net loss of HUF 16.4 billion in the fourth quarter of 2018,...

Telco

Hauni Hungaria invests HUF 5.7 bln in Pécs

German-owned Hauni Hungaria, which makes machinery for the tobacco industry, will invest HUF 5.7 billion at its base in Pécs...

Telco

Corporate lending stock falls in December

The corporate lending stock of Hungarian banks fell in December from the previous month on net repayments and revaluations, fresh...

Telco

ÁKK to add short-term security, pension bond to retail mix

Hungaryʼs Government Debt Management Agency (ÁKK) plans to expand its product palette with a short-term retail security, as well as...

Telco

2018 Black Friday sales were up 20%

Based on the latest results of its survey conducted on Christmas shopping, internet research firm eNET said the end of...

Telco

General govʼt deficit falls to 106% of target at yearʼs end

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,445.1 billion deficit as of the end of December...

Telco

Gross wages up 10.4% y-o-y in November

In November 2018, average gross monthly earnings amounted to HUF 355,100, a 10.4% increase compared to November 2017, according to...

Telco

FAG inaugurates bearings factory in Debrecen

FAG Hungary, the local unit of Germanyʼs Schaeffler Group, has inaugurated a HUF 25 billion bearings factory in Debrecen, eastern...

Telco

Banking sector liquidity up, 3-month depos phased out in Dec

Forint liquidity of Hungaryʼs banking sector rose in December 2018 from a month earlier, which was mainly reflected in the...

Telco

Mahart orders boats worth HUF 1.5 bln from Nicols

State-owned Hungarian passenger shipping company Mahart has acquired 20 boats from French company Nicols for HUF 1.5 billion in a...

Telco

VAT revenue climbs more than HUF 400bln in 2018

Revenue from VAT rose HUF 403 billion last year, an increase supported by the introduction of mandatory electronic invoicing mid-year,...

AutoWallis Plans Regional Expansion After BSE Listing

Hungarian asset manager and automotive holding AutoWallis Nyrt. plans to double its revenues and carry out acquisitions in Central and...

Hell Energy completes HUF 30 bln capacity expansion

Soft drink maker Hell Energy finished the final phase of a HUF 30 billion investment project at its base in...

Orbán reveals radical family support package

Prime Minister Viktor Orbán unveiled a package of measures to support families with children at his annual state of the...

General govʼt closes January with budget surplus

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

Richter rebounds from Esmya losses in Q4

Hungarian drugmaker Gedeon Richter on Thursday reported a net loss of HUF 16.4 billion in the fourth quarter of 2018,...

Hauni Hungaria invests HUF 5.7 bln in Pécs

German-owned Hauni Hungaria, which makes machinery for the tobacco industry, will invest HUF 5.7 billion at its base in Pécs...

Corporate lending stock falls in December

The corporate lending stock of Hungarian banks fell in December from the previous month on net repayments and revaluations, fresh...

ÁKK to add short-term security, pension bond to retail mix

Hungaryʼs Government Debt Management Agency (ÁKK) plans to expand its product palette with a short-term retail security, as well as...

2018 Black Friday sales were up 20%

Based on the latest results of its survey conducted on Christmas shopping, internet research firm eNET said the end of...

General govʼt deficit falls to 106% of target at yearʼs end

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,445.1 billion deficit as of the end of December...

Gross wages up 10.4% y-o-y in November

In November 2018, average gross monthly earnings amounted to HUF 355,100, a 10.4% increase compared to November 2017, according to...

FAG inaugurates bearings factory in Debrecen

FAG Hungary, the local unit of Germanyʼs Schaeffler Group, has inaugurated a HUF 25 billion bearings factory in Debrecen, eastern...

Banking sector liquidity up, 3-month depos phased out in Dec

Forint liquidity of Hungaryʼs banking sector rose in December 2018 from a month earlier, which was mainly reflected in the...

Mahart orders boats worth HUF 1.5 bln from Nicols

State-owned Hungarian passenger shipping company Mahart has acquired 20 boats from French company Nicols for HUF 1.5 billion in a...

VAT revenue climbs more than HUF 400bln in 2018

Revenue from VAT rose HUF 403 billion last year, an increase supported by the introduction of mandatory electronic invoicing mid-year,...