Tech

Telco

Average earnings up more than 12% y-o-y in April

In January–April 2018, average gross earnings amounted to HUF 322,400, while average net earnings totaled HUF 214,400. Both the latter...

Telco

Deficit 87% of full-year target, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,187.5 billion deficit at the end of May, the...

Telco

ISPsʼ revenues up 12% y-o-y in Q1

Revenues of internet service providers (ISPs) in Hungary rose 12% year-on-year to HUF 59.1 billion in the first quarter, shows...

Telco

Hungarian bank profits fall in Q1

Hungarian banksʼ combined after-tax profit at the end of 2018 Q1 decreased to HUF 159.9 billion from HUF 180.5 billion...

Telco

Banking sector liquidity rose in May

Forint liquidity of Hungaryʼs banking sector rose in May from a month earlier, which was mainly reflected in an increase...

Telco

Hungaryʼs 2019 budget submitted to Parliament

The four main goals of the budget are ensuring the security of the country, maintaining strong economic growth, supporting families,...

Telco

Self-driving car test track to start operating next summer

A HUF 42 billion test track for self-driving cars the government is building in Zalaegerszeg could start operating by next...

Telco

Drugstore chains booming in Hungary

On average every third Hungarian is buying a face care product at Drogerie Markt (DM) and every fourth a body...

Telco

MNB allocates HUF 50 bln of MIRS at tender

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

Telco

Deficit reaches 87% of full-year target in May

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 1,187.5 billion at the end of May,...

Telco

Insurersʼ premium revenues climb 8% in Q1

First-quarter revenue from premiums of Hungarian insurers rose 8% year-on-year to HUF 275.6 billion, fresh data compiled by the National...

Telco

Collected taxes increased in 2017

Revenues handled by Hungaryʼs National Tax and Customs Administration (NAV) amounted to HUF 13.401 trillion last year, a 4.8% increase...

Telco

Banks see similar rises in corporate, retail lending in April

Non-financial companies were net borrowers of HUF 51 billion in April, lifting Hungarian banksʼ corporate lending stock to HUF 6.78...

Telco

Bosch Hungary revenues top HUF 1.3 tln in 2017

German engineering giant Boschʼs turnover in Hungary rose 13% to HUF 1.304 trillion last year, and it also targets double-digit...

Telco

MÁV sales revenue flat at HUF 152 bln in 2017

Net sales revenues of state-owned railway company MÁV totaled HUF 152 billion in 2017, little changed from the previous year,...

Telco

Average earnings up more than 12% y-o-y in April

In January–April 2018, average gross earnings amounted to HUF 322,400, while average net earnings totaled HUF 214,400. Both the latter...

Telco

Deficit 87% of full-year target, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,187.5 billion deficit at the end of May, the...

Telco

ISPsʼ revenues up 12% y-o-y in Q1

Revenues of internet service providers (ISPs) in Hungary rose 12% year-on-year to HUF 59.1 billion in the first quarter, shows...

Telco

Hungarian bank profits fall in Q1

Hungarian banksʼ combined after-tax profit at the end of 2018 Q1 decreased to HUF 159.9 billion from HUF 180.5 billion...

Telco

Banking sector liquidity rose in May

Forint liquidity of Hungaryʼs banking sector rose in May from a month earlier, which was mainly reflected in an increase...

Telco

Hungaryʼs 2019 budget submitted to Parliament

The four main goals of the budget are ensuring the security of the country, maintaining strong economic growth, supporting families,...

Telco

Self-driving car test track to start operating next summer

A HUF 42 billion test track for self-driving cars the government is building in Zalaegerszeg could start operating by next...

Telco

Drugstore chains booming in Hungary

On average every third Hungarian is buying a face care product at Drogerie Markt (DM) and every fourth a body...

Telco

MNB allocates HUF 50 bln of MIRS at tender

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

Telco

Deficit reaches 87% of full-year target in May

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 1,187.5 billion at the end of May,...

Telco

Insurersʼ premium revenues climb 8% in Q1

First-quarter revenue from premiums of Hungarian insurers rose 8% year-on-year to HUF 275.6 billion, fresh data compiled by the National...

Telco

Collected taxes increased in 2017

Revenues handled by Hungaryʼs National Tax and Customs Administration (NAV) amounted to HUF 13.401 trillion last year, a 4.8% increase...

Telco

Banks see similar rises in corporate, retail lending in April

Non-financial companies were net borrowers of HUF 51 billion in April, lifting Hungarian banksʼ corporate lending stock to HUF 6.78...

Telco

Bosch Hungary revenues top HUF 1.3 tln in 2017

German engineering giant Boschʼs turnover in Hungary rose 13% to HUF 1.304 trillion last year, and it also targets double-digit...