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Average pension half the average salary

On Wednesday morning, the Central Statistical Office (KSH) published earnings figures for December last year, and the report also found...

Telco

Hungary investment volume growth slows to 5.9% in Q4

Investment volume in Hungary rose 5.9% year-on-year in the fourth quarter, the lowest rate since Q4 2016, Hungarian news agency...

Telco

K&H Bank adjusted profit climbs 7% in 2019

Net profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 7% to HUF 50.9 billion last year, cleared...

Telco

Average gross earnings up 13.1% y.o.y. in December

Average gross earnings amounted to HUF 406,400 in December 2019, about 13.1% higher than in the same period of 2018,...

Telco

Bosnia’s Federation approves construction of two wind plants

The government of Bosnia’s Federation entity said that it has given a preliminary approval for the launch of the Ivovik...

Telco

GreenGo launches service in Prague

Hungarian car-sharing company GreenGo has started operating in Prague with 100 all-electric VW e-up! cars, Hungarian news agency MTI says,...

Telco

MOL Q4 earnings fall on bigger tax bill

Fourth-quarter net income of Hungaryʼs MOL fell 53% year-on-year to HUF 37 billion as the oil and gas company footed...

Telco

Hiventures invests HUF 207 mln in TrustChain

Hiventures, the venture capital fund manager of the state-owned Hungarian Development Bank (MFB), has invested HUF 207 million in TrustChain...

Telco

Leasing company outlays climb to HUF 740 bln in 2019

Hungarian leasing companiesʼ outlays rose 7% close to HUF 740 billion last year, the chief secretary of the Hungarian Leasing...

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Hungary farm sector output reached HUF 2.789 tln in 2019

Gross output of Hungaryʼs agriculture sector rose 3.56% to HUF 2.789 trillion last year, state news wire MTI reports, citing...

Telco

50 SMEs Eligible for Hungarian Multi-Program

About 50 micro, small and medium-sized enterprises are expected to enter this year’s Hungarian multi-program (MMP), said Balázs Szepesi, Deputy...

Telco

Opus makes offer for E.ON Hungária energy trader

Listed holding company Opus Global on Monday said it submitted a binding offer to buy E.ON Energiakereskedelmi (Eker), the energy...

Telco

Gross profit climbs, but other costs put Richter in red in Q4

Pharmaceutical company Gedeon Richter had a fourth-quarter net loss of HUF 12.5 billion, just a fraction over the HUF 12.3...

Telco

GKI expects GDP growth of 3.5% in 2020

The Hungarian economy expanded last year by about 5%, one of the fastest in the EU. Overall, the October-November figures...

Telco

MNB swap stock to fall HUF 130 bln after tender

The National Bank of Hungaryʼs stock of FX swaps, which the central bank uses to pump liquidity into the banking...

Telco

Average pension half the average salary

On Wednesday morning, the Central Statistical Office (KSH) published earnings figures for December last year, and the report also found...

Telco

Hungary investment volume growth slows to 5.9% in Q4

Investment volume in Hungary rose 5.9% year-on-year in the fourth quarter, the lowest rate since Q4 2016, Hungarian news agency...

Telco

K&H Bank adjusted profit climbs 7% in 2019

Net profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 7% to HUF 50.9 billion last year, cleared...

Telco

Average gross earnings up 13.1% y.o.y. in December

Average gross earnings amounted to HUF 406,400 in December 2019, about 13.1% higher than in the same period of 2018,...

Telco

Bosnia’s Federation approves construction of two wind plants

The government of Bosnia’s Federation entity said that it has given a preliminary approval for the launch of the Ivovik...

Telco

GreenGo launches service in Prague

Hungarian car-sharing company GreenGo has started operating in Prague with 100 all-electric VW e-up! cars, Hungarian news agency MTI says,...

Telco

MOL Q4 earnings fall on bigger tax bill

Fourth-quarter net income of Hungaryʼs MOL fell 53% year-on-year to HUF 37 billion as the oil and gas company footed...

Telco

Hiventures invests HUF 207 mln in TrustChain

Hiventures, the venture capital fund manager of the state-owned Hungarian Development Bank (MFB), has invested HUF 207 million in TrustChain...

Telco

Leasing company outlays climb to HUF 740 bln in 2019

Hungarian leasing companiesʼ outlays rose 7% close to HUF 740 billion last year, the chief secretary of the Hungarian Leasing...

Telco

Hungary farm sector output reached HUF 2.789 tln in 2019

Gross output of Hungaryʼs agriculture sector rose 3.56% to HUF 2.789 trillion last year, state news wire MTI reports, citing...

Telco

50 SMEs Eligible for Hungarian Multi-Program

About 50 micro, small and medium-sized enterprises are expected to enter this year’s Hungarian multi-program (MMP), said Balázs Szepesi, Deputy...

Telco

Opus makes offer for E.ON Hungária energy trader

Listed holding company Opus Global on Monday said it submitted a binding offer to buy E.ON Energiakereskedelmi (Eker), the energy...

Telco

Gross profit climbs, but other costs put Richter in red in Q4

Pharmaceutical company Gedeon Richter had a fourth-quarter net loss of HUF 12.5 billion, just a fraction over the HUF 12.3...

Telco

GKI expects GDP growth of 3.5% in 2020

The Hungarian economy expanded last year by about 5%, one of the fastest in the EU. Overall, the October-November figures...

Telco

MNB swap stock to fall HUF 130 bln after tender

The National Bank of Hungaryʼs stock of FX swaps, which the central bank uses to pump liquidity into the banking...

Average pension half the average salary

On Wednesday morning, the Central Statistical Office (KSH) published earnings figures for December last year, and the report also found...

Hungary investment volume growth slows to 5.9% in Q4

Investment volume in Hungary rose 5.9% year-on-year in the fourth quarter, the lowest rate since Q4 2016, Hungarian news agency...

K&H Bank adjusted profit climbs 7% in 2019

Net profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 7% to HUF 50.9 billion last year, cleared...

Average gross earnings up 13.1% y.o.y. in December

Average gross earnings amounted to HUF 406,400 in December 2019, about 13.1% higher than in the same period of 2018,...

Bosnia’s Federation approves construction of two wind plants

The government of Bosnia’s Federation entity said that it has given a preliminary approval for the launch of the Ivovik...

GreenGo launches service in Prague

Hungarian car-sharing company GreenGo has started operating in Prague with 100 all-electric VW e-up! cars, Hungarian news agency MTI says,...

MOL Q4 earnings fall on bigger tax bill

Fourth-quarter net income of Hungaryʼs MOL fell 53% year-on-year to HUF 37 billion as the oil and gas company footed...

Hiventures invests HUF 207 mln in TrustChain

Hiventures, the venture capital fund manager of the state-owned Hungarian Development Bank (MFB), has invested HUF 207 million in TrustChain...

Leasing company outlays climb to HUF 740 bln in 2019

Hungarian leasing companiesʼ outlays rose 7% close to HUF 740 billion last year, the chief secretary of the Hungarian Leasing...

Hungary farm sector output reached HUF 2.789 tln in 2019

Gross output of Hungaryʼs agriculture sector rose 3.56% to HUF 2.789 trillion last year, state news wire MTI reports, citing...

50 SMEs Eligible for Hungarian Multi-Program

About 50 micro, small and medium-sized enterprises are expected to enter this year’s Hungarian multi-program (MMP), said Balázs Szepesi, Deputy...

Opus makes offer for E.ON Hungária energy trader

Listed holding company Opus Global on Monday said it submitted a binding offer to buy E.ON Energiakereskedelmi (Eker), the energy...

Gross profit climbs, but other costs put Richter in red in Q4

Pharmaceutical company Gedeon Richter had a fourth-quarter net loss of HUF 12.5 billion, just a fraction over the HUF 12.3...

GKI expects GDP growth of 3.5% in 2020

The Hungarian economy expanded last year by about 5%, one of the fastest in the EU. Overall, the October-November figures...

MNB swap stock to fall HUF 130 bln after tender

The National Bank of Hungaryʼs stock of FX swaps, which the central bank uses to pump liquidity into the banking...