Tech

Telco

Insurers‘ premium revenues up 5.6% in Q2

Hungarian insurersʼ second-quarter revenues from premiums rose 5.6% year-on-year to HUF 231.1 billion, fresh data compiled by the National Bank...

Telco

MKB after-tax profit up sharply in H1

MKB Bank had HUF 19.46 billion after-tax profit in the first half of 2017, compared to HUF 1.54 bln in...

Telco

Govʼt says deficit target of below 3% still on track

The government is focusing on speeding up economic growth and improving the situation of companies and families. Financial resources are...

Telco

Dramatic improvement in Hungaryʼs internet connections

The internet bandwidth in Hungary has increased dramatically in the last decade. While optical networks have greatly expanded, the development...

Telco

Castle and palace renovation program to start this year

By the end of this year, restoration work on 15 castles and palaces in Hungary will begin, according to the...

Telco

K&H net income edges down on base effect of VISA sale

K&H Bank, owned by KBC Bank of Belgium, had first-half net income of HUF 22.5 billion, down 2.1% from the...

Telco

Hungarians love shopping abroad

A growing number of Hungarians do their shopping in neighboring countries and the amount of money they spend abroad is...

Telco

Corporate lending stock of Hungarian banks up in July

The corporate lending stock of Hungarian banks rose slightly from the previous month in July, as net corporate borrowing more...

Telco

Government expands electric vehicle subsidies

The government is raising the electric vehicle subsidy threshold for corporate fleets from five to 35 vehicles, István Lepsényi, state...

Telco

Govʼt raises capital of Széchenyi Venture Capital Fund

Hungaryʼs government has raised the capital of the EU-supported Széchenyi Venture Capital Fund, established by the state to invest in...

Telco

Banking sector profitability slightly up in H1

Hungarian banksʼ combined after-tax profits at the end of the first half of 2017 came to HUF 362.9 billion, compared...

Telco

Dunaferr on right track to achieve production plans

Hungarian steel maker ISD Dunaferr, which has been struggling for a long time to become profitable, recently reported that it...

Telco

Rába posts revenues of HUF 21.6 bln in first half

Hungarian automotive industry concern Rába recorded revenues of HUF 21.6 billion in the first half of 2017, up 5.4% from...

Telco

Univer inaugurates giant tomato-processing plant

Hungarian condiments maker Univer Product Zrt. (based in Kecskemét, central Hungary) inaugurated a HUF 4.3 billion tomato processing plant Thursday,...

Telco

Three-month MNB depo stock cut by HUF 50 bln to HUF 450 bln

The National Bank of Hungary (MNB) accepted placements of HUF 125 billion in its three-month deposit facility at a tender...

Telco

Insurers‘ premium revenues up 5.6% in Q2

Hungarian insurersʼ second-quarter revenues from premiums rose 5.6% year-on-year to HUF 231.1 billion, fresh data compiled by the National Bank...

Telco

MKB after-tax profit up sharply in H1

MKB Bank had HUF 19.46 billion after-tax profit in the first half of 2017, compared to HUF 1.54 bln in...

Telco

Govʼt says deficit target of below 3% still on track

The government is focusing on speeding up economic growth and improving the situation of companies and families. Financial resources are...

Telco

Dramatic improvement in Hungaryʼs internet connections

The internet bandwidth in Hungary has increased dramatically in the last decade. While optical networks have greatly expanded, the development...

Telco

Castle and palace renovation program to start this year

By the end of this year, restoration work on 15 castles and palaces in Hungary will begin, according to the...

Telco

K&H net income edges down on base effect of VISA sale

K&H Bank, owned by KBC Bank of Belgium, had first-half net income of HUF 22.5 billion, down 2.1% from the...

Telco

Hungarians love shopping abroad

A growing number of Hungarians do their shopping in neighboring countries and the amount of money they spend abroad is...

Telco

Corporate lending stock of Hungarian banks up in July

The corporate lending stock of Hungarian banks rose slightly from the previous month in July, as net corporate borrowing more...

Telco

Government expands electric vehicle subsidies

The government is raising the electric vehicle subsidy threshold for corporate fleets from five to 35 vehicles, István Lepsényi, state...

Telco

Govʼt raises capital of Széchenyi Venture Capital Fund

Hungaryʼs government has raised the capital of the EU-supported Széchenyi Venture Capital Fund, established by the state to invest in...

Telco

Banking sector profitability slightly up in H1

Hungarian banksʼ combined after-tax profits at the end of the first half of 2017 came to HUF 362.9 billion, compared...

Telco

Dunaferr on right track to achieve production plans

Hungarian steel maker ISD Dunaferr, which has been struggling for a long time to become profitable, recently reported that it...

Telco

Rába posts revenues of HUF 21.6 bln in first half

Hungarian automotive industry concern Rába recorded revenues of HUF 21.6 billion in the first half of 2017, up 5.4% from...

Telco

Univer inaugurates giant tomato-processing plant

Hungarian condiments maker Univer Product Zrt. (based in Kecskemét, central Hungary) inaugurated a HUF 4.3 billion tomato processing plant Thursday,...

Telco

Three-month MNB depo stock cut by HUF 50 bln to HUF 450 bln

The National Bank of Hungary (MNB) accepted placements of HUF 125 billion in its three-month deposit facility at a tender...

Insurers‘ premium revenues up 5.6% in Q2

Hungarian insurersʼ second-quarter revenues from premiums rose 5.6% year-on-year to HUF 231.1 billion, fresh data compiled by the National Bank...

MKB after-tax profit up sharply in H1

MKB Bank had HUF 19.46 billion after-tax profit in the first half of 2017, compared to HUF 1.54 bln in...

Govʼt says deficit target of below 3% still on track

The government is focusing on speeding up economic growth and improving the situation of companies and families. Financial resources are...

Dramatic improvement in Hungaryʼs internet connections

The internet bandwidth in Hungary has increased dramatically in the last decade. While optical networks have greatly expanded, the development...

Castle and palace renovation program to start this year

By the end of this year, restoration work on 15 castles and palaces in Hungary will begin, according to the...

K&H net income edges down on base effect of VISA sale

K&H Bank, owned by KBC Bank of Belgium, had first-half net income of HUF 22.5 billion, down 2.1% from the...

Hungarians love shopping abroad

A growing number of Hungarians do their shopping in neighboring countries and the amount of money they spend abroad is...

Corporate lending stock of Hungarian banks up in July

The corporate lending stock of Hungarian banks rose slightly from the previous month in July, as net corporate borrowing more...

Government expands electric vehicle subsidies

The government is raising the electric vehicle subsidy threshold for corporate fleets from five to 35 vehicles, István Lepsényi, state...

Govʼt raises capital of Széchenyi Venture Capital Fund

Hungaryʼs government has raised the capital of the EU-supported Széchenyi Venture Capital Fund, established by the state to invest in...

Banking sector profitability slightly up in H1

Hungarian banksʼ combined after-tax profits at the end of the first half of 2017 came to HUF 362.9 billion, compared...

Dunaferr on right track to achieve production plans

Hungarian steel maker ISD Dunaferr, which has been struggling for a long time to become profitable, recently reported that it...

Rába posts revenues of HUF 21.6 bln in first half

Hungarian automotive industry concern Rába recorded revenues of HUF 21.6 billion in the first half of 2017, up 5.4% from...

Univer inaugurates giant tomato-processing plant

Hungarian condiments maker Univer Product Zrt. (based in Kecskemét, central Hungary) inaugurated a HUF 4.3 billion tomato processing plant Thursday,...

Three-month MNB depo stock cut by HUF 50 bln to HUF 450 bln

The National Bank of Hungary (MNB) accepted placements of HUF 125 billion in its three-month deposit facility at a tender...