Telco

Telco

Higher sales, lower financial loss lift AutoWallis earnings

First-half after-tax profit of listed auto trader AutoWallis more than doubled to HUF 482 million, from HUF 176 mln in...

Telco

Deficit confirmed at 51.2% of full-year target for August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 510.8 bln deficit at the end of August, reaching...

Telco

Second big petrol price hike in a week looms

Oil and gas company MOL announced rises in the price of petrol by HUF 7/liter and of diesel by HUF...

Telco

Competition Office clears Közgép-Duna Aszfalt merger

Hungaryʼs Competition Office (GVH) has cleared the merger of construction company Közgép with industry peer Duna Aszfalt, a resolution posted...

Telco

Value of bank card purchases up, but still below cash

The value of Hungarian purchases with bank cards continued to climb in the double-digits in the second quarter, but the...

Telco

Three companies accepted for 5G auction

Magyar Telekom, Telenor Magyarország and Vodafone Magyarország have been registered by Hungaryʼs National Media and Infocommunications Authority (NMHH) for the...

Telco

Hungary may launch 5G service this year, ITU chief says

Hungary could launch its high-speed 5G mobile network before the end of this year if plans remain on track, International...

Telco

Deficit reaches 51.2% of full-year target in August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 510.8 billion deficit at the end of August, reaching...

Telco

Lendersʼ H1 profits down 1% to HUF 322 bln as costs rise

Hungarian lendersʼ consolidated combined first-half after-tax profit slipped 1% year-on-year to HUF 322 billion as costs rose, sector data released...

Telco

Higher sales volume, narrower financial loss lift PannErgy profit

Higher sales volume and a smaller financial loss boosted listed alternative energy company Pannergyʼs first-half after-tax net income to HUF...

Telco

Hiventures launches venture capital unit for overlooked SMEs

Hiventures, the venture capital fund manager of the Hungarian Development Bank (MFB), has announced the creation of a unit with...

Telco

Daubner sees 4.2% rise in after-tax profit

The well-known Hungarian confectionery Daubner Cukrászda said its net sales in 2018 amounted to HUF 1.7 billion, some 8% less...

Telco

Alteo releases H1 earnings, announces planned bond issue

First-half consolidated after-tax profit of listed alternative energy firm Alteo Nyrt. rose 37% year-on-year to HUF 483 million, lifted by...

Telco

Wages up 10.6% year-on-year

In June 2019, average gross earnings amounted to HUF 364,800, 10.6% higher than a year earlier, with average gross earnings...

Telco

Insurersʼ premiums revenue climbs almost 10% in Q2

Hungarian insurersʼ combined revenue from premiums rose 9.6% year-on-year to HUF 275.1 billion in the second quarter, the National Bank...

Telco

Higher sales, lower financial loss lift AutoWallis earnings

First-half after-tax profit of listed auto trader AutoWallis more than doubled to HUF 482 million, from HUF 176 mln in...

Telco

Deficit confirmed at 51.2% of full-year target for August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 510.8 bln deficit at the end of August, reaching...

Telco

Second big petrol price hike in a week looms

Oil and gas company MOL announced rises in the price of petrol by HUF 7/liter and of diesel by HUF...

Telco

Competition Office clears Közgép-Duna Aszfalt merger

Hungaryʼs Competition Office (GVH) has cleared the merger of construction company Közgép with industry peer Duna Aszfalt, a resolution posted...

Telco

Value of bank card purchases up, but still below cash

The value of Hungarian purchases with bank cards continued to climb in the double-digits in the second quarter, but the...

Telco

Three companies accepted for 5G auction

Magyar Telekom, Telenor Magyarország and Vodafone Magyarország have been registered by Hungaryʼs National Media and Infocommunications Authority (NMHH) for the...

Telco

Hungary may launch 5G service this year, ITU chief says

Hungary could launch its high-speed 5G mobile network before the end of this year if plans remain on track, International...

Telco

Deficit reaches 51.2% of full-year target in August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 510.8 billion deficit at the end of August, reaching...

Telco

Lendersʼ H1 profits down 1% to HUF 322 bln as costs rise

Hungarian lendersʼ consolidated combined first-half after-tax profit slipped 1% year-on-year to HUF 322 billion as costs rose, sector data released...

Telco

Higher sales volume, narrower financial loss lift PannErgy profit

Higher sales volume and a smaller financial loss boosted listed alternative energy company Pannergyʼs first-half after-tax net income to HUF...

Telco

Hiventures launches venture capital unit for overlooked SMEs

Hiventures, the venture capital fund manager of the Hungarian Development Bank (MFB), has announced the creation of a unit with...

Telco

Daubner sees 4.2% rise in after-tax profit

The well-known Hungarian confectionery Daubner Cukrászda said its net sales in 2018 amounted to HUF 1.7 billion, some 8% less...

Telco

Alteo releases H1 earnings, announces planned bond issue

First-half consolidated after-tax profit of listed alternative energy firm Alteo Nyrt. rose 37% year-on-year to HUF 483 million, lifted by...

Telco

Wages up 10.6% year-on-year

In June 2019, average gross earnings amounted to HUF 364,800, 10.6% higher than a year earlier, with average gross earnings...

Telco

Insurersʼ premiums revenue climbs almost 10% in Q2

Hungarian insurersʼ combined revenue from premiums rose 9.6% year-on-year to HUF 275.1 billion in the second quarter, the National Bank...

Higher sales, lower financial loss lift AutoWallis earnings

First-half after-tax profit of listed auto trader AutoWallis more than doubled to HUF 482 million, from HUF 176 mln in...

Deficit confirmed at 51.2% of full-year target for August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 510.8 bln deficit at the end of August, reaching...

Second big petrol price hike in a week looms

Oil and gas company MOL announced rises in the price of petrol by HUF 7/liter and of diesel by HUF...

Competition Office clears Közgép-Duna Aszfalt merger

Hungaryʼs Competition Office (GVH) has cleared the merger of construction company Közgép with industry peer Duna Aszfalt, a resolution posted...

Value of bank card purchases up, but still below cash

The value of Hungarian purchases with bank cards continued to climb in the double-digits in the second quarter, but the...

Three companies accepted for 5G auction

Magyar Telekom, Telenor Magyarország and Vodafone Magyarország have been registered by Hungaryʼs National Media and Infocommunications Authority (NMHH) for the...

Hungary may launch 5G service this year, ITU chief says

Hungary could launch its high-speed 5G mobile network before the end of this year if plans remain on track, International...

Deficit reaches 51.2% of full-year target in August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 510.8 billion deficit at the end of August, reaching...

Lendersʼ H1 profits down 1% to HUF 322 bln as costs rise

Hungarian lendersʼ consolidated combined first-half after-tax profit slipped 1% year-on-year to HUF 322 billion as costs rose, sector data released...

Higher sales volume, narrower financial loss lift PannErgy profit

Higher sales volume and a smaller financial loss boosted listed alternative energy company Pannergyʼs first-half after-tax net income to HUF...

Hiventures launches venture capital unit for overlooked SMEs

Hiventures, the venture capital fund manager of the Hungarian Development Bank (MFB), has announced the creation of a unit with...

Daubner sees 4.2% rise in after-tax profit

The well-known Hungarian confectionery Daubner Cukrászda said its net sales in 2018 amounted to HUF 1.7 billion, some 8% less...

Alteo releases H1 earnings, announces planned bond issue

First-half consolidated after-tax profit of listed alternative energy firm Alteo Nyrt. rose 37% year-on-year to HUF 483 million, lifted by...

Wages up 10.6% year-on-year

In June 2019, average gross earnings amounted to HUF 364,800, 10.6% higher than a year earlier, with average gross earnings...

Insurersʼ premiums revenue climbs almost 10% in Q2

Hungarian insurersʼ combined revenue from premiums rose 9.6% year-on-year to HUF 275.1 billion in the second quarter, the National Bank...