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Telco

Salon candy sales to grow 2-3%

The turnover of seasonal sweets will increase by 2-3%, to more than HUF 10 billion in December, reports news site...

Telco

Number of SMEs up 4.1% in 2018

There were 748,951 small and medium-sized businesses operating in Hungary in 2018, up 4.1% from a year earlier, state news...

Telco

Banking sector earnings climb more than 10% in Q1-Q3

Consolidated after-tax profit of the Hungarian banking sector rose 10.5% year-on-year to HUF 560 billion in Q1-Q3, data released by...

Telco

BSE turnover up in November

Share turnover on the Budapest Stock Exchange reached HUF 227 billion in November, up from HUF 219 bln in October...

Telco

Gross earnings up 11.8% year-on-year

In September 2019, average gross earnings in Hungary amounted to HUF 360,700, 11.8% higher than a year earlier, according to...

Telco

MKB Bank profit climbs 43% in Q1-Q3

After-tax profit of MKB Bank rose 43% year-on-year to HUF 36.2 billion in Q1-Q3, an earnings report released Thursday shows,...

Telco

MLSZ allocates HUF 1.12 bln in TAO funds to Felcsút

The Hungarian Football Federation (MLSZ) has allocated HUF 1.12 billion in so-called TAO funds to the football club of Felcsút...

Telco

Salami prices skyrocket due to swine fever

The average price for a kilogram of winter salami has grown by 8% over the course of a single week,...

Telco

Hungary farm sector output reaches HUF 2.693 tln in 2018

Gross output of Hungaryʼs agriculture sector rose 3.7% to HUF 2.693 trillion last year, Hungarian news agency MTI says, citing...

Telco

Higher revenue, financial gain boost Richter Q3 earnings

The third-quarter net income of Hungarian pharmaceutical company Gedeon Richter jumped 151% year-on-year to HUF 22.2 billion, boosted by higher...

Telco

OTP earnings up 53% in Q3

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by...

Telco

MTel revenues steady, costs controlled in Q3

Third-quarter after-tax profit of Magyar Telekom (MTel) fell 10% year-on-year to HUF 13.0 billion as accounting changes offset a small...

Telco

Bakery firm plans share flotation in coming years

Baked goods maker Zalaco plans to list its shares on the stock exchange, possibly in 2022 or 2023, owner-CEO László...

Telco

Innogy signs 10-year Polish PPA with brewer Asahi

German renewables firm Innogy SE says it has signed a 10-year power purchase agreement (PPA) with Polish beer producer Kompania...

Telco

MOL Q3 profit drops as financial losses grow

Hungarian oil and gas company MOLʼs third-quarter net income fell 34% year-on-year to HUF 59.8 billion as revenues declined and...

Telco

Salon candy sales to grow 2-3%

The turnover of seasonal sweets will increase by 2-3%, to more than HUF 10 billion in December, reports news site...

Telco

Number of SMEs up 4.1% in 2018

There were 748,951 small and medium-sized businesses operating in Hungary in 2018, up 4.1% from a year earlier, state news...

Telco

Banking sector earnings climb more than 10% in Q1-Q3

Consolidated after-tax profit of the Hungarian banking sector rose 10.5% year-on-year to HUF 560 billion in Q1-Q3, data released by...

Telco

BSE turnover up in November

Share turnover on the Budapest Stock Exchange reached HUF 227 billion in November, up from HUF 219 bln in October...

Telco

Gross earnings up 11.8% year-on-year

In September 2019, average gross earnings in Hungary amounted to HUF 360,700, 11.8% higher than a year earlier, according to...

Telco

MKB Bank profit climbs 43% in Q1-Q3

After-tax profit of MKB Bank rose 43% year-on-year to HUF 36.2 billion in Q1-Q3, an earnings report released Thursday shows,...

Telco

MLSZ allocates HUF 1.12 bln in TAO funds to Felcsút

The Hungarian Football Federation (MLSZ) has allocated HUF 1.12 billion in so-called TAO funds to the football club of Felcsút...

Telco

Salami prices skyrocket due to swine fever

The average price for a kilogram of winter salami has grown by 8% over the course of a single week,...

Telco

Hungary farm sector output reaches HUF 2.693 tln in 2018

Gross output of Hungaryʼs agriculture sector rose 3.7% to HUF 2.693 trillion last year, Hungarian news agency MTI says, citing...

Telco

Higher revenue, financial gain boost Richter Q3 earnings

The third-quarter net income of Hungarian pharmaceutical company Gedeon Richter jumped 151% year-on-year to HUF 22.2 billion, boosted by higher...

Telco

OTP earnings up 53% in Q3

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by...

Telco

MTel revenues steady, costs controlled in Q3

Third-quarter after-tax profit of Magyar Telekom (MTel) fell 10% year-on-year to HUF 13.0 billion as accounting changes offset a small...

Telco

Bakery firm plans share flotation in coming years

Baked goods maker Zalaco plans to list its shares on the stock exchange, possibly in 2022 or 2023, owner-CEO László...

Telco

Innogy signs 10-year Polish PPA with brewer Asahi

German renewables firm Innogy SE says it has signed a 10-year power purchase agreement (PPA) with Polish beer producer Kompania...

Telco

MOL Q3 profit drops as financial losses grow

Hungarian oil and gas company MOLʼs third-quarter net income fell 34% year-on-year to HUF 59.8 billion as revenues declined and...

Salon candy sales to grow 2-3%

The turnover of seasonal sweets will increase by 2-3%, to more than HUF 10 billion in December, reports news site...

Number of SMEs up 4.1% in 2018

There were 748,951 small and medium-sized businesses operating in Hungary in 2018, up 4.1% from a year earlier, state news...

Banking sector earnings climb more than 10% in Q1-Q3

Consolidated after-tax profit of the Hungarian banking sector rose 10.5% year-on-year to HUF 560 billion in Q1-Q3, data released by...

BSE turnover up in November

Share turnover on the Budapest Stock Exchange reached HUF 227 billion in November, up from HUF 219 bln in October...

Gross earnings up 11.8% year-on-year

In September 2019, average gross earnings in Hungary amounted to HUF 360,700, 11.8% higher than a year earlier, according to...

MKB Bank profit climbs 43% in Q1-Q3

After-tax profit of MKB Bank rose 43% year-on-year to HUF 36.2 billion in Q1-Q3, an earnings report released Thursday shows,...

MLSZ allocates HUF 1.12 bln in TAO funds to Felcsút

The Hungarian Football Federation (MLSZ) has allocated HUF 1.12 billion in so-called TAO funds to the football club of Felcsút...

Salami prices skyrocket due to swine fever

The average price for a kilogram of winter salami has grown by 8% over the course of a single week,...

Hungary farm sector output reaches HUF 2.693 tln in 2018

Gross output of Hungaryʼs agriculture sector rose 3.7% to HUF 2.693 trillion last year, Hungarian news agency MTI says, citing...

Higher revenue, financial gain boost Richter Q3 earnings

The third-quarter net income of Hungarian pharmaceutical company Gedeon Richter jumped 151% year-on-year to HUF 22.2 billion, boosted by higher...

OTP earnings up 53% in Q3

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by...

MTel revenues steady, costs controlled in Q3

Third-quarter after-tax profit of Magyar Telekom (MTel) fell 10% year-on-year to HUF 13.0 billion as accounting changes offset a small...

Bakery firm plans share flotation in coming years

Baked goods maker Zalaco plans to list its shares on the stock exchange, possibly in 2022 or 2023, owner-CEO László...

Innogy signs 10-year Polish PPA with brewer Asahi

German renewables firm Innogy SE says it has signed a 10-year power purchase agreement (PPA) with Polish beer producer Kompania...

MOL Q3 profit drops as financial losses grow

Hungarian oil and gas company MOLʼs third-quarter net income fell 34% year-on-year to HUF 59.8 billion as revenues declined and...