Tech

Telco

Average gross earnings over 10% higher year on year

Average gross earnings were 10.9% higher in May than a year earlier, amounting to HUF 327,500, the Central Statistical Office...

Telco

OTPʼs Simple logs over 146 years of parking time in H1 2018

OTP Mobil’s payment solutions registered a record semester in the first half of 2018, with Simple by OTP doubling its...

Telco

Banking sector liquidity narrows in June

Forint liquidity of Hungaryʼs banking sector narrowed in June from a month earlier, which was mainly reflected in a decrease...

Telco

Hungarian SMEs positive about future growth

A representative survey by UniCredit Bank  and Inspira Research has found that the vast majority of Hungarian SMEs believe their...

Telco

Investments high among venture capitalists, retail investors

In the first quarter of this year, venture capital investments worth a total of over HUF 1.34 billion were carried...

Telco

Weak forint seen denting car imports

The weakening of the Hungarian forint compared to foreign currencies is raising the cost of importing used cars from abroad,...

Telco

MVM revenues up 28.7% in 2017

The state-owned Hungarian Electricity Works (MVM) recorded HUF 1.33 trillion net consolidated revenues last year, up 28.7% compared to 2016,...

Telco

FuturAqua creates blockchain-based cryptocurrency

Listed Hungarian mineral water bottling company FuturAqua, based in Pécs (SW Hungary), has created an independently tradable blockchain-based cryptocurrency based...

Telco

Over HUF 100,000 needed for average standard of living

Incomes of Hungarian families vary widely, but the general perception is that income is not enough for an average standard...

Telco

Banksʼ corporate, retail lending stocks rise in May

The corporate lending stock of Hungarian banks was up in May from the previous month as a combined result of...

Telco

Magyar Telekom demonstrates 5G connection in Hungary

Magyar Telekom demonstrated the first 5G connection in Hungary under real-world, non-laboratory conditions in Budapest on Monday. The technology could...

Telco

Diego opens 100th store in Hungary

Flooring, curtain and carpet retail chain Diego opened its 100th store in Hungary on June 30, in Balatonlelle (around 128...

Telco

Deficit-to-GDP ratio 1.1% in Q1 2018

The general government sector closed the first quarter of 2018 with a deficit of HUF 115.5 billion, equivalent to 1.1%...

Telco

Erste pays state HUF 6 bln dividend on 2017 earnings

Erste Bank Hungary has transferred dividends on 2017 earnings to its major shareholders, in line with their 15% stakes acquired...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS) designed to...

Telco

Average gross earnings over 10% higher year on year

Average gross earnings were 10.9% higher in May than a year earlier, amounting to HUF 327,500, the Central Statistical Office...

Telco

OTPʼs Simple logs over 146 years of parking time in H1 2018

OTP Mobil’s payment solutions registered a record semester in the first half of 2018, with Simple by OTP doubling its...

Telco

Banking sector liquidity narrows in June

Forint liquidity of Hungaryʼs banking sector narrowed in June from a month earlier, which was mainly reflected in a decrease...

Telco

Hungarian SMEs positive about future growth

A representative survey by UniCredit Bank  and Inspira Research has found that the vast majority of Hungarian SMEs believe their...

Telco

Investments high among venture capitalists, retail investors

In the first quarter of this year, venture capital investments worth a total of over HUF 1.34 billion were carried...

Telco

Weak forint seen denting car imports

The weakening of the Hungarian forint compared to foreign currencies is raising the cost of importing used cars from abroad,...

Telco

MVM revenues up 28.7% in 2017

The state-owned Hungarian Electricity Works (MVM) recorded HUF 1.33 trillion net consolidated revenues last year, up 28.7% compared to 2016,...

Telco

FuturAqua creates blockchain-based cryptocurrency

Listed Hungarian mineral water bottling company FuturAqua, based in Pécs (SW Hungary), has created an independently tradable blockchain-based cryptocurrency based...

Telco

Over HUF 100,000 needed for average standard of living

Incomes of Hungarian families vary widely, but the general perception is that income is not enough for an average standard...

Telco

Banksʼ corporate, retail lending stocks rise in May

The corporate lending stock of Hungarian banks was up in May from the previous month as a combined result of...

Telco

Magyar Telekom demonstrates 5G connection in Hungary

Magyar Telekom demonstrated the first 5G connection in Hungary under real-world, non-laboratory conditions in Budapest on Monday. The technology could...

Telco

Diego opens 100th store in Hungary

Flooring, curtain and carpet retail chain Diego opened its 100th store in Hungary on June 30, in Balatonlelle (around 128...

Telco

Deficit-to-GDP ratio 1.1% in Q1 2018

The general government sector closed the first quarter of 2018 with a deficit of HUF 115.5 billion, equivalent to 1.1%...

Telco

Erste pays state HUF 6 bln dividend on 2017 earnings

Erste Bank Hungary has transferred dividends on 2017 earnings to its major shareholders, in line with their 15% stakes acquired...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS) designed to...

Average gross earnings over 10% higher year on year

Average gross earnings were 10.9% higher in May than a year earlier, amounting to HUF 327,500, the Central Statistical Office...

OTPʼs Simple logs over 146 years of parking time in H1 2018

OTP Mobil’s payment solutions registered a record semester in the first half of 2018, with Simple by OTP doubling its...

Banking sector liquidity narrows in June

Forint liquidity of Hungaryʼs banking sector narrowed in June from a month earlier, which was mainly reflected in a decrease...

Hungarian SMEs positive about future growth

A representative survey by UniCredit Bank  and Inspira Research has found that the vast majority of Hungarian SMEs believe their...

Investments high among venture capitalists, retail investors

In the first quarter of this year, venture capital investments worth a total of over HUF 1.34 billion were carried...

Weak forint seen denting car imports

The weakening of the Hungarian forint compared to foreign currencies is raising the cost of importing used cars from abroad,...

MVM revenues up 28.7% in 2017

The state-owned Hungarian Electricity Works (MVM) recorded HUF 1.33 trillion net consolidated revenues last year, up 28.7% compared to 2016,...

FuturAqua creates blockchain-based cryptocurrency

Listed Hungarian mineral water bottling company FuturAqua, based in Pécs (SW Hungary), has created an independently tradable blockchain-based cryptocurrency based...

Over HUF 100,000 needed for average standard of living

Incomes of Hungarian families vary widely, but the general perception is that income is not enough for an average standard...

Banksʼ corporate, retail lending stocks rise in May

The corporate lending stock of Hungarian banks was up in May from the previous month as a combined result of...

Magyar Telekom demonstrates 5G connection in Hungary

Magyar Telekom demonstrated the first 5G connection in Hungary under real-world, non-laboratory conditions in Budapest on Monday. The technology could...

Diego opens 100th store in Hungary

Flooring, curtain and carpet retail chain Diego opened its 100th store in Hungary on June 30, in Balatonlelle (around 128...

Deficit-to-GDP ratio 1.1% in Q1 2018

The general government sector closed the first quarter of 2018 with a deficit of HUF 115.5 billion, equivalent to 1.1%...

Erste pays state HUF 6 bln dividend on 2017 earnings

Erste Bank Hungary has transferred dividends on 2017 earnings to its major shareholders, in line with their 15% stakes acquired...

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS) designed to...