Tech

Telco

MNB allots more than HUF 116 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted a combined HUF 116.4 billion of swaps against euros at a tender on...

Telco

Deficit approaching full-year budgeted amount

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 979.9 billion deficit at the end of August, 84%...

Telco

Samsonite opens second factory in Hungary

Luggage manufacturer and retailer Samsonite is opening its second assembly plant in Hungary, creating some 100 new jobs and manufacturing...

Telco

MNB rate-setters set final three-month depo cap at HUF 75 bln

The Monetary Council of the National Bank of Hungary (MNB) reduced the limit on the stock of three-month deposits, the...

Telco

Investment fund assets flat at HUF 5,993 bln in August

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

Telco

MNB allots HUF 25 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 25 billion of one-month forint swaps against euros at a tender on...

Telco

MNB set to reduce three-month depo stock

The National Bank of Hungary (MNB) has capped the amount of placements in its three-month deposit at a tender on...

Telco

Hunent lays cornerstone of waterfowl processing plant

Minister of Foreign Affairs and Trade Péter Szijjártó on Friday laid the cornerstone of a waterfowl processing plant being built...

Telco

Revenues up, profits low at state-owned lottery company

While revenues have grown since 2015, profits show a reverse trend at state-owned lottery company Szerencsejáték Zrt. Sports betting is...

Telco

Hungarian wages continue to rise

During the last seven years, average gross monthly wages have grown significantly and reached nearly HUF 300,000, according to data...

Telco

Banking sector liquidity up in August

The forint liquidity of Hungaryʼs banking sector rose in August from a month earlier, which was mainly reflected in an...

Telco

Lázár details progress of Modern Cities program

Hungaryʼs central government has reached agreements with the countryʼs biggest cities on 260 investments worth HUF 3,388.5 billion within the...

Telco

Net sales of retail govʼt securities only HUF 350 mln in August

Net sales of forint-denominated government securities targeted at retail investors came to HUF 350 million in August, bringing the total...

Telco

Hungaryʼs ICT sector revenues climb 13% in Q2

Revenues of Hungaryʼs information and communications technology (ICT) sector rose 13% year-on-year to HUF 735 billion in the second quarter,...

Telco

SAP Hungary revenues up 20% in 2016

The Hungarian unit of business management software company SAP had revenues of HUF 28.5 billion in 2016, up 20% from...

Telco

MNB allots more than HUF 116 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted a combined HUF 116.4 billion of swaps against euros at a tender on...

Telco

Deficit approaching full-year budgeted amount

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 979.9 billion deficit at the end of August, 84%...

Telco

Samsonite opens second factory in Hungary

Luggage manufacturer and retailer Samsonite is opening its second assembly plant in Hungary, creating some 100 new jobs and manufacturing...

Telco

MNB rate-setters set final three-month depo cap at HUF 75 bln

The Monetary Council of the National Bank of Hungary (MNB) reduced the limit on the stock of three-month deposits, the...

Telco

Investment fund assets flat at HUF 5,993 bln in August

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

Telco

MNB allots HUF 25 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 25 billion of one-month forint swaps against euros at a tender on...

Telco

MNB set to reduce three-month depo stock

The National Bank of Hungary (MNB) has capped the amount of placements in its three-month deposit at a tender on...

Telco

Hunent lays cornerstone of waterfowl processing plant

Minister of Foreign Affairs and Trade Péter Szijjártó on Friday laid the cornerstone of a waterfowl processing plant being built...

Telco

Revenues up, profits low at state-owned lottery company

While revenues have grown since 2015, profits show a reverse trend at state-owned lottery company Szerencsejáték Zrt. Sports betting is...

Telco

Hungarian wages continue to rise

During the last seven years, average gross monthly wages have grown significantly and reached nearly HUF 300,000, according to data...

Telco

Banking sector liquidity up in August

The forint liquidity of Hungaryʼs banking sector rose in August from a month earlier, which was mainly reflected in an...

Telco

Lázár details progress of Modern Cities program

Hungaryʼs central government has reached agreements with the countryʼs biggest cities on 260 investments worth HUF 3,388.5 billion within the...

Telco

Net sales of retail govʼt securities only HUF 350 mln in August

Net sales of forint-denominated government securities targeted at retail investors came to HUF 350 million in August, bringing the total...

Telco

Hungaryʼs ICT sector revenues climb 13% in Q2

Revenues of Hungaryʼs information and communications technology (ICT) sector rose 13% year-on-year to HUF 735 billion in the second quarter,...

Telco

SAP Hungary revenues up 20% in 2016

The Hungarian unit of business management software company SAP had revenues of HUF 28.5 billion in 2016, up 20% from...

MNB allots more than HUF 116 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted a combined HUF 116.4 billion of swaps against euros at a tender on...

Deficit approaching full-year budgeted amount

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 979.9 billion deficit at the end of August, 84%...

Samsonite opens second factory in Hungary

Luggage manufacturer and retailer Samsonite is opening its second assembly plant in Hungary, creating some 100 new jobs and manufacturing...

MNB rate-setters set final three-month depo cap at HUF 75 bln

The Monetary Council of the National Bank of Hungary (MNB) reduced the limit on the stock of three-month deposits, the...

Investment fund assets flat at HUF 5,993 bln in August

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

MNB allots HUF 25 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 25 billion of one-month forint swaps against euros at a tender on...

MNB set to reduce three-month depo stock

The National Bank of Hungary (MNB) has capped the amount of placements in its three-month deposit at a tender on...

Hunent lays cornerstone of waterfowl processing plant

Minister of Foreign Affairs and Trade Péter Szijjártó on Friday laid the cornerstone of a waterfowl processing plant being built...

Revenues up, profits low at state-owned lottery company

While revenues have grown since 2015, profits show a reverse trend at state-owned lottery company Szerencsejáték Zrt. Sports betting is...

Hungarian wages continue to rise

During the last seven years, average gross monthly wages have grown significantly and reached nearly HUF 300,000, according to data...

Banking sector liquidity up in August

The forint liquidity of Hungaryʼs banking sector rose in August from a month earlier, which was mainly reflected in an...

Lázár details progress of Modern Cities program

Hungaryʼs central government has reached agreements with the countryʼs biggest cities on 260 investments worth HUF 3,388.5 billion within the...

Net sales of retail govʼt securities only HUF 350 mln in August

Net sales of forint-denominated government securities targeted at retail investors came to HUF 350 million in August, bringing the total...

Hungaryʼs ICT sector revenues climb 13% in Q2

Revenues of Hungaryʼs information and communications technology (ICT) sector rose 13% year-on-year to HUF 735 billion in the second quarter,...

SAP Hungary revenues up 20% in 2016

The Hungarian unit of business management software company SAP had revenues of HUF 28.5 billion in 2016, up 20% from...