Tech

Telco

Lower profit, expanding lending at CIB Bank

The first-half earnings report of Italian-owned CIB Bank shows net profit of HUF 9.5 billion. This is lower than the...

Telco

Net sales of retail govʼt securities reach HUF 143 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 143 billion in July, bringing the total...

Telco

Voluntary pension fund assets rise to HUF 1,214 bln

Assets of members of Hungaryʼs National Association of Voluntary Funds (ÖPOSZ) reached HUF 1,214 billion at the end of June,...

Telco

Apartment rental market booming in Hungary

The number of apartments for rent has significantly grown in Hungary during the last two weeks. In Budapest, the offer...

Telco

MNB allots HUF 250 bln in EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted a combined HUF 250 billion of one, three, six and twelve-month forint swaps...

Telco

General govʼt runs HUF 816.8 bln deficit at end of July

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 816.82 billion deficit at the end of July, preliminary...

Telco

Zwack profit falls on higher payroll, marketing costs

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, fell 21% year-on-year to HUF 422 million in the first quarter...

Telco

MOL profit climbs 12% in second quarter

Second-quarter net income of Hungarian oil and gas company MOL rose 12% year-on-year to HUF 88.8 billion, an earnings report...

Telco

MTel Q2 profit edges up to HUF 10.9 bln

Magyar Telekomʼs second-quarter after-tax profit edged up 2% year-on-year to HUF 10.9 billion, lifted by lower taxes, an earnings report...

Telco

HUF 9 bln in support for Vojvodina economic development

An economic development program for Vojvodina targets the farm and tourism sectors as well as SME developments, aiming to reverse...

Telco

Banksʼ corporate lending stock slightly down in June

The corporate lending stock of Hungarian banks edged down in June from the previous month, fresh data from the National...

Telco

Retail lending stock of banks edges up in June

The retail lending stock of Hungarian banks was up in June compared to the previous month, fresh data from the...

Telco

MNB allots HUF 100 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 100 billion of one and three-month forint swaps against euros at a...

Telco

Magyar Telekom exits retail energy market

Magyar Telekom has announced its withdrawal from the retail electricity market, effective November 1, 2017, according to state news wire...

Telco

Hungary’s vehicle gas sales increase 3% in H1

Vehicle gas sales in Hungary were up by more than 3% in the first half of the year, compared to...

Telco

Lower profit, expanding lending at CIB Bank

The first-half earnings report of Italian-owned CIB Bank shows net profit of HUF 9.5 billion. This is lower than the...

Telco

Net sales of retail govʼt securities reach HUF 143 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 143 billion in July, bringing the total...

Telco

Voluntary pension fund assets rise to HUF 1,214 bln

Assets of members of Hungaryʼs National Association of Voluntary Funds (ÖPOSZ) reached HUF 1,214 billion at the end of June,...

Telco

Apartment rental market booming in Hungary

The number of apartments for rent has significantly grown in Hungary during the last two weeks. In Budapest, the offer...

Telco

MNB allots HUF 250 bln in EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted a combined HUF 250 billion of one, three, six and twelve-month forint swaps...

Telco

General govʼt runs HUF 816.8 bln deficit at end of July

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 816.82 billion deficit at the end of July, preliminary...

Telco

Zwack profit falls on higher payroll, marketing costs

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, fell 21% year-on-year to HUF 422 million in the first quarter...

Telco

MOL profit climbs 12% in second quarter

Second-quarter net income of Hungarian oil and gas company MOL rose 12% year-on-year to HUF 88.8 billion, an earnings report...

Telco

MTel Q2 profit edges up to HUF 10.9 bln

Magyar Telekomʼs second-quarter after-tax profit edged up 2% year-on-year to HUF 10.9 billion, lifted by lower taxes, an earnings report...

Telco

HUF 9 bln in support for Vojvodina economic development

An economic development program for Vojvodina targets the farm and tourism sectors as well as SME developments, aiming to reverse...

Telco

Banksʼ corporate lending stock slightly down in June

The corporate lending stock of Hungarian banks edged down in June from the previous month, fresh data from the National...

Telco

Retail lending stock of banks edges up in June

The retail lending stock of Hungarian banks was up in June compared to the previous month, fresh data from the...

Telco

MNB allots HUF 100 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 100 billion of one and three-month forint swaps against euros at a...

Telco

Magyar Telekom exits retail energy market

Magyar Telekom has announced its withdrawal from the retail electricity market, effective November 1, 2017, according to state news wire...

Telco

Hungary’s vehicle gas sales increase 3% in H1

Vehicle gas sales in Hungary were up by more than 3% in the first half of the year, compared to...

Lower profit, expanding lending at CIB Bank

The first-half earnings report of Italian-owned CIB Bank shows net profit of HUF 9.5 billion. This is lower than the...

Net sales of retail govʼt securities reach HUF 143 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 143 billion in July, bringing the total...

Voluntary pension fund assets rise to HUF 1,214 bln

Assets of members of Hungaryʼs National Association of Voluntary Funds (ÖPOSZ) reached HUF 1,214 billion at the end of June,...

Apartment rental market booming in Hungary

The number of apartments for rent has significantly grown in Hungary during the last two weeks. In Budapest, the offer...

MNB allots HUF 250 bln in EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted a combined HUF 250 billion of one, three, six and twelve-month forint swaps...

General govʼt runs HUF 816.8 bln deficit at end of July

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 816.82 billion deficit at the end of July, preliminary...

Zwack profit falls on higher payroll, marketing costs

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, fell 21% year-on-year to HUF 422 million in the first quarter...

MOL profit climbs 12% in second quarter

Second-quarter net income of Hungarian oil and gas company MOL rose 12% year-on-year to HUF 88.8 billion, an earnings report...

MTel Q2 profit edges up to HUF 10.9 bln

Magyar Telekomʼs second-quarter after-tax profit edged up 2% year-on-year to HUF 10.9 billion, lifted by lower taxes, an earnings report...

HUF 9 bln in support for Vojvodina economic development

An economic development program for Vojvodina targets the farm and tourism sectors as well as SME developments, aiming to reverse...

Banksʼ corporate lending stock slightly down in June

The corporate lending stock of Hungarian banks edged down in June from the previous month, fresh data from the National...

Retail lending stock of banks edges up in June

The retail lending stock of Hungarian banks was up in June compared to the previous month, fresh data from the...

MNB allots HUF 100 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 100 billion of one and three-month forint swaps against euros at a...

Magyar Telekom exits retail energy market

Magyar Telekom has announced its withdrawal from the retail electricity market, effective November 1, 2017, according to state news wire...

Hungary’s vehicle gas sales increase 3% in H1

Vehicle gas sales in Hungary were up by more than 3% in the first half of the year, compared to...