Telco

Telco

Hungary launches state-owned utilities company

The Hungarian state is launching a holding company that will act as an “efficient, predictable and cheap” utilities provider, state...

Telco

BUX corrects up after two days of losses

The Budapest Stock Exchange's main BUX index finished up 0.24% at 17,913.11 Tuesday, after dropping 1.18% Monday. It is up...

Telco

Report: Investment fund assets edge up to HUF 5.532 trillion

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

Telco

CIG Pannonia closes successful year

CIG Pannónia Life Insurance had before-tax revenue of HUF 954 mln in 2014, up by HUF 187 mln from the...

Telco

MNB: Household savings 5.9% of GDP in 2014

Net household financial savings or net lending of the household sector totalled HUF 1,882 bln, or 5.9% of GDP in...

Telco

MNB: Hungary’s Maastricht debt unchanged at 77.3% of GDP at end of 2014

Hungary's gross consolidated government sector debt, calculated at nominal value, in line with Maastricht methodology, reached 77.3% of GDP at...

Telco

4iG profits drop with costs outpacing revenue

Hungarian software company 4iG's net profit dropped by 48%, down to HUF 257 mln, last year as costs rose faster...

Telco

BUX down after strong weeks

The Budapest Stock Exchange's main BUX index finished down 1.18% at 17,870.65 Monday, after dropping 0.16% Friday from a near...

Telco

K&H Bank books HUF 29 bln loss on borrowers relief provisions

K&H Bank, the Hungarian business of Belgium's KBC, booked a consolidated HUF 29.1 bln loss last year because of compensation...

Telco

MNB: Hungary’s c/a surplus €370 mln in December

Hungary's current-account surplus was at €369.9 mln in December, bringing Q4 surplus to a preliminary €1.21 bln, the monthly balance...

Telco

MNB: Net EU transfers exceed €1 bln in December

Net transfers from the European Union to Hungary totaled €1.029 bln in December 2014, pushing the net inflow from the...

Telco

Private banking: shrinking margins, stagnating client base

The following article is from the February 13-26 print edition of the Budapest Business Journal....

Telco

INA reports 64% fall in profit

Croatian oil and gas company INA — a subsidiary of Hungarian peer MOL —posted net profit excluding special items of...

Telco

Government issues $700 mln loan guarantee for Budapest Bank purchase

The Hungarian government has undertaken to provide a guarantee to a loan worth up to $700 mln, which is expected...

Telco

State energy group MVM buys 50% of Panrusgaz under option

State-owned Hungarian Electricity Works (MVM) has purchased 50% of the shares of gas trading company Panrusgaz Gázkereskedelmi, which specializes in...

Telco

Hungary launches state-owned utilities company

The Hungarian state is launching a holding company that will act as an “efficient, predictable and cheap” utilities provider, state...

Telco

BUX corrects up after two days of losses

The Budapest Stock Exchange's main BUX index finished up 0.24% at 17,913.11 Tuesday, after dropping 1.18% Monday. It is up...

Telco

Report: Investment fund assets edge up to HUF 5.532 trillion

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

Telco

CIG Pannonia closes successful year

CIG Pannónia Life Insurance had before-tax revenue of HUF 954 mln in 2014, up by HUF 187 mln from the...

Telco

MNB: Household savings 5.9% of GDP in 2014

Net household financial savings or net lending of the household sector totalled HUF 1,882 bln, or 5.9% of GDP in...

Telco

MNB: Hungary’s Maastricht debt unchanged at 77.3% of GDP at end of 2014

Hungary's gross consolidated government sector debt, calculated at nominal value, in line with Maastricht methodology, reached 77.3% of GDP at...

Telco

4iG profits drop with costs outpacing revenue

Hungarian software company 4iG's net profit dropped by 48%, down to HUF 257 mln, last year as costs rose faster...

Telco

BUX down after strong weeks

The Budapest Stock Exchange's main BUX index finished down 1.18% at 17,870.65 Monday, after dropping 0.16% Friday from a near...

Telco

K&H Bank books HUF 29 bln loss on borrowers relief provisions

K&H Bank, the Hungarian business of Belgium's KBC, booked a consolidated HUF 29.1 bln loss last year because of compensation...

Telco

MNB: Hungary’s c/a surplus €370 mln in December

Hungary's current-account surplus was at €369.9 mln in December, bringing Q4 surplus to a preliminary €1.21 bln, the monthly balance...

Telco

MNB: Net EU transfers exceed €1 bln in December

Net transfers from the European Union to Hungary totaled €1.029 bln in December 2014, pushing the net inflow from the...

Telco

Private banking: shrinking margins, stagnating client base

The following article is from the February 13-26 print edition of the Budapest Business Journal....

Telco

INA reports 64% fall in profit

Croatian oil and gas company INA — a subsidiary of Hungarian peer MOL —posted net profit excluding special items of...

Telco

Government issues $700 mln loan guarantee for Budapest Bank purchase

The Hungarian government has undertaken to provide a guarantee to a loan worth up to $700 mln, which is expected...

Telco

State energy group MVM buys 50% of Panrusgaz under option

State-owned Hungarian Electricity Works (MVM) has purchased 50% of the shares of gas trading company Panrusgaz Gázkereskedelmi, which specializes in...

Hungary launches state-owned utilities company

The Hungarian state is launching a holding company that will act as an “efficient, predictable and cheap” utilities provider, state...

BUX corrects up after two days of losses

The Budapest Stock Exchange's main BUX index finished up 0.24% at 17,913.11 Tuesday, after dropping 1.18% Monday. It is up...

Report: Investment fund assets edge up to HUF 5.532 trillion

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

CIG Pannonia closes successful year

CIG Pannónia Life Insurance had before-tax revenue of HUF 954 mln in 2014, up by HUF 187 mln from the...

MNB: Household savings 5.9% of GDP in 2014

Net household financial savings or net lending of the household sector totalled HUF 1,882 bln, or 5.9% of GDP in...

MNB: Hungary’s Maastricht debt unchanged at 77.3% of GDP at end of 2014

Hungary's gross consolidated government sector debt, calculated at nominal value, in line with Maastricht methodology, reached 77.3% of GDP at...

4iG profits drop with costs outpacing revenue

Hungarian software company 4iG's net profit dropped by 48%, down to HUF 257 mln, last year as costs rose faster...

BUX down after strong weeks

The Budapest Stock Exchange's main BUX index finished down 1.18% at 17,870.65 Monday, after dropping 0.16% Friday from a near...

K&H Bank books HUF 29 bln loss on borrowers relief provisions

K&H Bank, the Hungarian business of Belgium's KBC, booked a consolidated HUF 29.1 bln loss last year because of compensation...

MNB: Hungary’s c/a surplus €370 mln in December

Hungary's current-account surplus was at €369.9 mln in December, bringing Q4 surplus to a preliminary €1.21 bln, the monthly balance...

MNB: Net EU transfers exceed €1 bln in December

Net transfers from the European Union to Hungary totaled €1.029 bln in December 2014, pushing the net inflow from the...

Private banking: shrinking margins, stagnating client base

The following article is from the February 13-26 print edition of the Budapest Business Journal....

INA reports 64% fall in profit

Croatian oil and gas company INA — a subsidiary of Hungarian peer MOL —posted net profit excluding special items of...

Government issues $700 mln loan guarantee for Budapest Bank purchase

The Hungarian government has undertaken to provide a guarantee to a loan worth up to $700 mln, which is expected...

State energy group MVM buys 50% of Panrusgaz under option

State-owned Hungarian Electricity Works (MVM) has purchased 50% of the shares of gas trading company Panrusgaz Gázkereskedelmi, which specializes in...