Tech

Telco

Old HUF 1,000 bill to be withdrawn by November 2018

A new HUF 1,000 bill with enhanced security features will become legal tender tomorrow, but will only enter into circulation...

Telco

Hungariansʼ gross wages climb 14.4% in June

In June 2017, average gross nominal monthly earnings amounted to HUF 297,300, 14.4% higher than a year earlier, the Central...

Telco

HUF 100 bln EUR/HUF swap keeps outstanding stock unchanged

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros, in line with expiries,...

Telco

Budapest Bank profit drops, total assets rise in H1

Hungaryʼs state-owned Budapest Bank groupʼs first-half after-tax profit dropped 29% to HUF 9.9 billion, while total assets rose 5% to...

Telco

General govʼt deficit at 70% of annual target by end of July, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 816.82 billion in the first seven months...

Telco

ANY H1 profit edges down to HUF 536 mln

First-half net income of the bourse-listed ANY Security Printing Company edged down 2% compared to the same period a year...

Telco

More cycle paths to be completed this year

Hungaryʼs government and the National Infrastructure Development Company (NIF) have signed contracts this summer worth more than HUF 600 million...

Telco

FHB Q2 loss narrows

FHB Mortgage Bank booked a consolidated second-quarter loss of HUF 121 million, improving over a HUF 268 mln loss in...

Telco

Developers to invest in new skiing facilities

A new ski slope will start operating at Eplény, a little more than a hundred kilometers west of Budapest. Developer...

Telco

Assets of investment funds down 0.3% in July

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

Telco

Museum of Applied Arts upgrade cleared for 2017-2021

Hungaryʼs government has cleared a plan for the reconstruction of the north wing of Budapestʼs Museum of Applied Arts and...

Telco

Hungary earmarks funds to expand road to Bratislava

Hungaryʼs government has allocated gross HUF 26.7 billion for the expansion of a road connecting the M1 motorway with the...

Telco

Gloster upgrades technology with HUF 1.3 bln investment

Hungarian fruit and vegetable preserves producer Gloster has completed a HUF 1.3 billion technology upgrade at its factory in Máriapócs...

Telco

Banking sector liquidity up in July, says MNB

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

Telco

OTP second-quarter after-tax profit up 12%

OTP Bank is looking at additional acquisitions as it looks to expand in countries in which it is already present....

Telco

Old HUF 1,000 bill to be withdrawn by November 2018

A new HUF 1,000 bill with enhanced security features will become legal tender tomorrow, but will only enter into circulation...

Telco

Hungariansʼ gross wages climb 14.4% in June

In June 2017, average gross nominal monthly earnings amounted to HUF 297,300, 14.4% higher than a year earlier, the Central...

Telco

HUF 100 bln EUR/HUF swap keeps outstanding stock unchanged

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros, in line with expiries,...

Telco

Budapest Bank profit drops, total assets rise in H1

Hungaryʼs state-owned Budapest Bank groupʼs first-half after-tax profit dropped 29% to HUF 9.9 billion, while total assets rose 5% to...

Telco

General govʼt deficit at 70% of annual target by end of July, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 816.82 billion in the first seven months...

Telco

ANY H1 profit edges down to HUF 536 mln

First-half net income of the bourse-listed ANY Security Printing Company edged down 2% compared to the same period a year...

Telco

More cycle paths to be completed this year

Hungaryʼs government and the National Infrastructure Development Company (NIF) have signed contracts this summer worth more than HUF 600 million...

Telco

FHB Q2 loss narrows

FHB Mortgage Bank booked a consolidated second-quarter loss of HUF 121 million, improving over a HUF 268 mln loss in...

Telco

Developers to invest in new skiing facilities

A new ski slope will start operating at Eplény, a little more than a hundred kilometers west of Budapest. Developer...

Telco

Assets of investment funds down 0.3% in July

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

Telco

Museum of Applied Arts upgrade cleared for 2017-2021

Hungaryʼs government has cleared a plan for the reconstruction of the north wing of Budapestʼs Museum of Applied Arts and...

Telco

Hungary earmarks funds to expand road to Bratislava

Hungaryʼs government has allocated gross HUF 26.7 billion for the expansion of a road connecting the M1 motorway with the...

Telco

Gloster upgrades technology with HUF 1.3 bln investment

Hungarian fruit and vegetable preserves producer Gloster has completed a HUF 1.3 billion technology upgrade at its factory in Máriapócs...

Telco

Banking sector liquidity up in July, says MNB

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

Telco

OTP second-quarter after-tax profit up 12%

OTP Bank is looking at additional acquisitions as it looks to expand in countries in which it is already present....

Old HUF 1,000 bill to be withdrawn by November 2018

A new HUF 1,000 bill with enhanced security features will become legal tender tomorrow, but will only enter into circulation...

Hungariansʼ gross wages climb 14.4% in June

In June 2017, average gross nominal monthly earnings amounted to HUF 297,300, 14.4% higher than a year earlier, the Central...

HUF 100 bln EUR/HUF swap keeps outstanding stock unchanged

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros, in line with expiries,...

Budapest Bank profit drops, total assets rise in H1

Hungaryʼs state-owned Budapest Bank groupʼs first-half after-tax profit dropped 29% to HUF 9.9 billion, while total assets rose 5% to...

General govʼt deficit at 70% of annual target by end of July, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 816.82 billion in the first seven months...

ANY H1 profit edges down to HUF 536 mln

First-half net income of the bourse-listed ANY Security Printing Company edged down 2% compared to the same period a year...

More cycle paths to be completed this year

Hungaryʼs government and the National Infrastructure Development Company (NIF) have signed contracts this summer worth more than HUF 600 million...

FHB Q2 loss narrows

FHB Mortgage Bank booked a consolidated second-quarter loss of HUF 121 million, improving over a HUF 268 mln loss in...

Developers to invest in new skiing facilities

A new ski slope will start operating at Eplény, a little more than a hundred kilometers west of Budapest. Developer...

Assets of investment funds down 0.3% in July

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

Museum of Applied Arts upgrade cleared for 2017-2021

Hungaryʼs government has cleared a plan for the reconstruction of the north wing of Budapestʼs Museum of Applied Arts and...

Hungary earmarks funds to expand road to Bratislava

Hungaryʼs government has allocated gross HUF 26.7 billion for the expansion of a road connecting the M1 motorway with the...

Gloster upgrades technology with HUF 1.3 bln investment

Hungarian fruit and vegetable preserves producer Gloster has completed a HUF 1.3 billion technology upgrade at its factory in Máriapócs...

Banking sector liquidity up in July, says MNB

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

OTP second-quarter after-tax profit up 12%

OTP Bank is looking at additional acquisitions as it looks to expand in countries in which it is already present....