Tech

Telco

Raiffeisen net profit up 81% in 2017

Raiffeisen Bank had net profit of HUF 28.5 billion last year, the largest ever profit in the history of the...

Telco

Lada Hungary targets 1,100 car sales this year

Lada Hungary targets sales of about 1,100 Lada brand cars this year, up from 1,060 in 2017, Managing Director András...

Telco

Richter board proposes HUF 68 per-share dividend

The board of drugmaker Gedeon Richter will propose to shareholders payment of a HUF 68 per-share dividend on last yearʼs...

Telco

Investment fund assets edge up in February

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

Telco

Deficit confirmed nearing 40% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 526.6 billion deficit at the end of February, the...

Telco

Awarding of EU funds in current cycle almost complete

Only 8% of European Union funds available to Hungary for the 2014-2020 funding period, or just HUF 708 billion, remains...

Telco

Gross monthly wages top HUF 310,000 in January

In January 2018, both average gross wages and average net wages were 13.8% higher than a year earlier, according to...

Telco

MNB FX swap stock unchanged after tender

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will remain unchanged at HUF 1,525 billion...

Telco

Toy stores gear up for busy Easter period

Toy stores expect record revenues this year in the Easter period, according to distributors. Although web store revenues are growing,...

Telco

Erbslöh to expand capacity in Hungary

Erbslöh Hungária, a unit of German automotive group WKW, will spend HUF 14 billion to build a 1,500 square-meter production...

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

Hungarian insurers see premium revenues climb 7% in 2017

Hungarian insurersʼ combined revenues from premiums rose 7% to HUF 948.1 billion last year, data released by the National Bank...

Telco

Garantiqa surety stock reaches HUF 570 bln in 2017

The surety stock of Garantiqa Hitelgarancia rose 28% to HUF 570 billion last year, the state-owned credit guarantor said on...

Telco

MOL board proposes HUF 127.5 per-share dividend

The board of Hungarian oil and gas company MOL will propose payment of a HUF 127.5 dividend on last yearʼs...

Telco

CIB doubles after-tax profit in 2017

After-tax profit of Italian-owned banking group CIB more than doubled to HUF 24.6 billion last year, from HUF 12 bln...

Telco

Raiffeisen net profit up 81% in 2017

Raiffeisen Bank had net profit of HUF 28.5 billion last year, the largest ever profit in the history of the...

Telco

Lada Hungary targets 1,100 car sales this year

Lada Hungary targets sales of about 1,100 Lada brand cars this year, up from 1,060 in 2017, Managing Director András...

Telco

Richter board proposes HUF 68 per-share dividend

The board of drugmaker Gedeon Richter will propose to shareholders payment of a HUF 68 per-share dividend on last yearʼs...

Telco

Investment fund assets edge up in February

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

Telco

Deficit confirmed nearing 40% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 526.6 billion deficit at the end of February, the...

Telco

Awarding of EU funds in current cycle almost complete

Only 8% of European Union funds available to Hungary for the 2014-2020 funding period, or just HUF 708 billion, remains...

Telco

Gross monthly wages top HUF 310,000 in January

In January 2018, both average gross wages and average net wages were 13.8% higher than a year earlier, according to...

Telco

MNB FX swap stock unchanged after tender

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will remain unchanged at HUF 1,525 billion...

Telco

Toy stores gear up for busy Easter period

Toy stores expect record revenues this year in the Easter period, according to distributors. Although web store revenues are growing,...

Telco

Erbslöh to expand capacity in Hungary

Erbslöh Hungária, a unit of German automotive group WKW, will spend HUF 14 billion to build a 1,500 square-meter production...

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

Hungarian insurers see premium revenues climb 7% in 2017

Hungarian insurersʼ combined revenues from premiums rose 7% to HUF 948.1 billion last year, data released by the National Bank...

Telco

Garantiqa surety stock reaches HUF 570 bln in 2017

The surety stock of Garantiqa Hitelgarancia rose 28% to HUF 570 billion last year, the state-owned credit guarantor said on...

Telco

MOL board proposes HUF 127.5 per-share dividend

The board of Hungarian oil and gas company MOL will propose payment of a HUF 127.5 dividend on last yearʼs...

Telco

CIB doubles after-tax profit in 2017

After-tax profit of Italian-owned banking group CIB more than doubled to HUF 24.6 billion last year, from HUF 12 bln...

Raiffeisen net profit up 81% in 2017

Raiffeisen Bank had net profit of HUF 28.5 billion last year, the largest ever profit in the history of the...

Lada Hungary targets 1,100 car sales this year

Lada Hungary targets sales of about 1,100 Lada brand cars this year, up from 1,060 in 2017, Managing Director András...

Richter board proposes HUF 68 per-share dividend

The board of drugmaker Gedeon Richter will propose to shareholders payment of a HUF 68 per-share dividend on last yearʼs...

Investment fund assets edge up in February

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

Deficit confirmed nearing 40% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 526.6 billion deficit at the end of February, the...

Awarding of EU funds in current cycle almost complete

Only 8% of European Union funds available to Hungary for the 2014-2020 funding period, or just HUF 708 billion, remains...

Gross monthly wages top HUF 310,000 in January

In January 2018, both average gross wages and average net wages were 13.8% higher than a year earlier, according to...

MNB FX swap stock unchanged after tender

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will remain unchanged at HUF 1,525 billion...

Toy stores gear up for busy Easter period

Toy stores expect record revenues this year in the Easter period, according to distributors. Although web store revenues are growing,...

Erbslöh to expand capacity in Hungary

Erbslöh Hungária, a unit of German automotive group WKW, will spend HUF 14 billion to build a 1,500 square-meter production...

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...

Hungarian insurers see premium revenues climb 7% in 2017

Hungarian insurersʼ combined revenues from premiums rose 7% to HUF 948.1 billion last year, data released by the National Bank...

Garantiqa surety stock reaches HUF 570 bln in 2017

The surety stock of Garantiqa Hitelgarancia rose 28% to HUF 570 billion last year, the state-owned credit guarantor said on...

MOL board proposes HUF 127.5 per-share dividend

The board of Hungarian oil and gas company MOL will propose payment of a HUF 127.5 dividend on last yearʼs...

CIB doubles after-tax profit in 2017

After-tax profit of Italian-owned banking group CIB more than doubled to HUF 24.6 billion last year, from HUF 12 bln...