Tech

Telco

K&H Bank income grows even with low base rate

K&H Bank recorded net income of HUF 32.2 billion in the first three quarters of 2017, including net income of...

Telco

CIG Pannónia premium revenues, profits up

Q1-Q3 revenues from premiums of Hungarian insurer CIG Pannónia  Group rose 41% year-on-year to HUF 18.6 billion, the company said...

Telco

Net household savings ratio rises for first time since 2015

Hungaryʼs rolling four-quarter net household financial savings ratio rose to 4.6% of GDP in the third quarter of 2017, up...

Telco

Indiaʼs SMG opens car bumper plant

Indian automotive industry supplier Samvardhana Motherson Group (SMG) inaugurated a bumper plant in Kecskemét, central Hungary, on Thursday, Hungarian news...

Telco

Retail govʼt securities sales down slightly in October

Net sales of forint-denominated government securities targeted at retail investors came to HUF 151.3 billion in October, slightly down from...

Telco

Rába Q1-Q3 profit jumps 40%

Hungarian automotive industry company Rábaʼs after-tax profit rose 40% year-on-year to HUF 716 million in the year to the end...

Telco

CSOK loan payouts increase in 2017

Hungarian lendersʼ payouts of government support under the expanded Home Purchase Subsidy Scheme for Families, known by its Hungarian acronym...

Telco

Banking sector liquidity down in October – MNB

Forint liquidity of Hungaryʼs banking sector fell further in October from a month earlier, indicated mainly by a fall in...

Telco

Hungarians spending more on lottery

This yearʼs revenues from the Hungarian lottery will be 5% higher year-on-year, at above HUF 145 billion, according to estimates...

Telco

Tender lifts ‘fine-tuning’ FX swap stock

The National Bank of Hungary (MNB) allotted HUF 125 billion of forint swaps against euros at a tender on Monday,...

Telco

OTP profit growth steady

Third-quarter after-tax profit of OTP Bank rose 14% year-on-year to HUF 79.3 billion, lifted by higher business volume, an earnings...

Telco

Magyar Telekom Q3 profit climbs 42%

Magyar Telekomʼs third-quarter after-tax profit jumped 42% year-on-year to HUF 19.3 billion as revenues rose, an earnings report published late...

Telco

Richter profit climbs 14% in Q3

Hungarian drugmaker Gedeon Richterʼs third-quarter net income rose 14% to HUF 16.4 billion as revenues climbed, an earnings report released...

Telco

Zwack profit down in H1 as sales decline

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, fell 12% year-on-year to HUF 886 million in the first half...

Telco

Digestifs lead Hungarian spirits preferences

Hungarians spend more than HUF 80 billion per year on spirits. However, despite being the national drink, pálinka does not...

Telco

K&H Bank income grows even with low base rate

K&H Bank recorded net income of HUF 32.2 billion in the first three quarters of 2017, including net income of...

Telco

CIG Pannónia premium revenues, profits up

Q1-Q3 revenues from premiums of Hungarian insurer CIG Pannónia  Group rose 41% year-on-year to HUF 18.6 billion, the company said...

Telco

Net household savings ratio rises for first time since 2015

Hungaryʼs rolling four-quarter net household financial savings ratio rose to 4.6% of GDP in the third quarter of 2017, up...

Telco

Indiaʼs SMG opens car bumper plant

Indian automotive industry supplier Samvardhana Motherson Group (SMG) inaugurated a bumper plant in Kecskemét, central Hungary, on Thursday, Hungarian news...

Telco

Retail govʼt securities sales down slightly in October

Net sales of forint-denominated government securities targeted at retail investors came to HUF 151.3 billion in October, slightly down from...

Telco

Rába Q1-Q3 profit jumps 40%

Hungarian automotive industry company Rábaʼs after-tax profit rose 40% year-on-year to HUF 716 million in the year to the end...

Telco

CSOK loan payouts increase in 2017

Hungarian lendersʼ payouts of government support under the expanded Home Purchase Subsidy Scheme for Families, known by its Hungarian acronym...

Telco

Banking sector liquidity down in October – MNB

Forint liquidity of Hungaryʼs banking sector fell further in October from a month earlier, indicated mainly by a fall in...

Telco

Hungarians spending more on lottery

This yearʼs revenues from the Hungarian lottery will be 5% higher year-on-year, at above HUF 145 billion, according to estimates...

Telco

Tender lifts ‘fine-tuning’ FX swap stock

The National Bank of Hungary (MNB) allotted HUF 125 billion of forint swaps against euros at a tender on Monday,...

Telco

OTP profit growth steady

Third-quarter after-tax profit of OTP Bank rose 14% year-on-year to HUF 79.3 billion, lifted by higher business volume, an earnings...

Telco

Magyar Telekom Q3 profit climbs 42%

Magyar Telekomʼs third-quarter after-tax profit jumped 42% year-on-year to HUF 19.3 billion as revenues rose, an earnings report published late...

Telco

Richter profit climbs 14% in Q3

Hungarian drugmaker Gedeon Richterʼs third-quarter net income rose 14% to HUF 16.4 billion as revenues climbed, an earnings report released...

Telco

Zwack profit down in H1 as sales decline

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, fell 12% year-on-year to HUF 886 million in the first half...

Telco

Digestifs lead Hungarian spirits preferences

Hungarians spend more than HUF 80 billion per year on spirits. However, despite being the national drink, pálinka does not...

K&H Bank income grows even with low base rate

K&H Bank recorded net income of HUF 32.2 billion in the first three quarters of 2017, including net income of...

CIG Pannónia premium revenues, profits up

Q1-Q3 revenues from premiums of Hungarian insurer CIG Pannónia  Group rose 41% year-on-year to HUF 18.6 billion, the company said...

Net household savings ratio rises for first time since 2015

Hungaryʼs rolling four-quarter net household financial savings ratio rose to 4.6% of GDP in the third quarter of 2017, up...

Indiaʼs SMG opens car bumper plant

Indian automotive industry supplier Samvardhana Motherson Group (SMG) inaugurated a bumper plant in Kecskemét, central Hungary, on Thursday, Hungarian news...

Retail govʼt securities sales down slightly in October

Net sales of forint-denominated government securities targeted at retail investors came to HUF 151.3 billion in October, slightly down from...

Rába Q1-Q3 profit jumps 40%

Hungarian automotive industry company Rábaʼs after-tax profit rose 40% year-on-year to HUF 716 million in the year to the end...

CSOK loan payouts increase in 2017

Hungarian lendersʼ payouts of government support under the expanded Home Purchase Subsidy Scheme for Families, known by its Hungarian acronym...

Banking sector liquidity down in October – MNB

Forint liquidity of Hungaryʼs banking sector fell further in October from a month earlier, indicated mainly by a fall in...

Hungarians spending more on lottery

This yearʼs revenues from the Hungarian lottery will be 5% higher year-on-year, at above HUF 145 billion, according to estimates...

Tender lifts ‘fine-tuning’ FX swap stock

The National Bank of Hungary (MNB) allotted HUF 125 billion of forint swaps against euros at a tender on Monday,...

OTP profit growth steady

Third-quarter after-tax profit of OTP Bank rose 14% year-on-year to HUF 79.3 billion, lifted by higher business volume, an earnings...

Magyar Telekom Q3 profit climbs 42%

Magyar Telekomʼs third-quarter after-tax profit jumped 42% year-on-year to HUF 19.3 billion as revenues rose, an earnings report published late...

Richter profit climbs 14% in Q3

Hungarian drugmaker Gedeon Richterʼs third-quarter net income rose 14% to HUF 16.4 billion as revenues climbed, an earnings report released...

Zwack profit down in H1 as sales decline

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, fell 12% year-on-year to HUF 886 million in the first half...

Digestifs lead Hungarian spirits preferences

Hungarians spend more than HUF 80 billion per year on spirits. However, despite being the national drink, pálinka does not...