Telco

Telco

Duna House Q3 profit climbs 54%

Third-quarter after-tax profit of listed real estate broker Duna House climbed 54% year-on-year to HUF 293 million, an earnings report...

Telco

MNB fines lenders for oversight shortfalls

The National Bank of Hungary (MNB) has fined MKB Bank and savings cooperatives Nyugat Takarék Szövetkezet and Pátria Takarékszövetkezet for...

Telco

Deficit reaches 123% of full-year target at end of October

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,678 billion deficit at the end of October, the...

Telco

Gross wages up 10.4% in September

The average gross monthly wage in Hungary rose 10.4% year-on-year to HUF 322,752 in September, the Central Statistical Office (KSH)...

Telco

MNB FX swap stock remains close to HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.987 trillion...

Telco

Series of capital raises lift Opus net worth more than HUF 200 bln

The board of Opus Global, controlled by the investor Lőrinc Mészáros, decided on the final steps of a series of...

Telco

Decision time for Altera as Wallis enters bourse

In mid-December, Altera will reach an important milestone in its transformation as Wallis’s automotive group enters the Budapest Stock Exchange...

Telco

State assets, sports get HUF 5.8 bln more

The government decided to transfer HUF 5.83 billion with immediate effect from budget money set aside to provide finance for...

Telco

Banking sector liquidity narrows further

The forint liquidity of Hungary’s banking sector narrowed further in October from a month earlier, mainly reflected in a decrease...

Telco

Construction company Közgép sold to Duna Aszfalt

Businessman Zsolt Nyerges on Saturday announced the sale of construction firm Közgép to Duna Aszfalt, owned by László Szíjj, state...

Telco

MNB allocates HUF 20 bln of MIRS

The National Bank of Hungary (MNB) allocated HUF 20 billion of monetary policy interest rate swaps (MIRS) designed to flatten...

Telco

OTP earnings in Q3 up 8% year-on-year

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 8% year-on-year to HUF 85.9 billion as its...

Telco

Magyar Telekom Q3 profits fall as margins narrow

Third-quarter net income of Magyar Telekom fell an adjusted 23.3% year-on-year to HUF 13.9 billion as costs climbed faster than...

Telco

Richter Q3 profit plunges as revenues drop

Third-quarter net income of Hungarian drugmaker Gedeon Richter fell 44.1% year-on-year to HUF 8.8 billion as revenues dropped and administrative...

Telco

Zwack profit up over 27% in H1

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 27.4% year-on-year to HUF 1.13 billion in the first half...

Telco

Duna House Q3 profit climbs 54%

Third-quarter after-tax profit of listed real estate broker Duna House climbed 54% year-on-year to HUF 293 million, an earnings report...

Telco

MNB fines lenders for oversight shortfalls

The National Bank of Hungary (MNB) has fined MKB Bank and savings cooperatives Nyugat Takarék Szövetkezet and Pátria Takarékszövetkezet for...

Telco

Deficit reaches 123% of full-year target at end of October

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,678 billion deficit at the end of October, the...

Telco

Gross wages up 10.4% in September

The average gross monthly wage in Hungary rose 10.4% year-on-year to HUF 322,752 in September, the Central Statistical Office (KSH)...

Telco

MNB FX swap stock remains close to HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.987 trillion...

Telco

Series of capital raises lift Opus net worth more than HUF 200 bln

The board of Opus Global, controlled by the investor Lőrinc Mészáros, decided on the final steps of a series of...

Telco

Decision time for Altera as Wallis enters bourse

In mid-December, Altera will reach an important milestone in its transformation as Wallis’s automotive group enters the Budapest Stock Exchange...

Telco

State assets, sports get HUF 5.8 bln more

The government decided to transfer HUF 5.83 billion with immediate effect from budget money set aside to provide finance for...

Telco

Banking sector liquidity narrows further

The forint liquidity of Hungary’s banking sector narrowed further in October from a month earlier, mainly reflected in a decrease...

Telco

Construction company Közgép sold to Duna Aszfalt

Businessman Zsolt Nyerges on Saturday announced the sale of construction firm Közgép to Duna Aszfalt, owned by László Szíjj, state...

Telco

MNB allocates HUF 20 bln of MIRS

The National Bank of Hungary (MNB) allocated HUF 20 billion of monetary policy interest rate swaps (MIRS) designed to flatten...

Telco

OTP earnings in Q3 up 8% year-on-year

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 8% year-on-year to HUF 85.9 billion as its...

Telco

Magyar Telekom Q3 profits fall as margins narrow

Third-quarter net income of Magyar Telekom fell an adjusted 23.3% year-on-year to HUF 13.9 billion as costs climbed faster than...

Telco

Richter Q3 profit plunges as revenues drop

Third-quarter net income of Hungarian drugmaker Gedeon Richter fell 44.1% year-on-year to HUF 8.8 billion as revenues dropped and administrative...

Telco

Zwack profit up over 27% in H1

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 27.4% year-on-year to HUF 1.13 billion in the first half...

Duna House Q3 profit climbs 54%

Third-quarter after-tax profit of listed real estate broker Duna House climbed 54% year-on-year to HUF 293 million, an earnings report...

MNB fines lenders for oversight shortfalls

The National Bank of Hungary (MNB) has fined MKB Bank and savings cooperatives Nyugat Takarék Szövetkezet and Pátria Takarékszövetkezet for...

Deficit reaches 123% of full-year target at end of October

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,678 billion deficit at the end of October, the...

Gross wages up 10.4% in September

The average gross monthly wage in Hungary rose 10.4% year-on-year to HUF 322,752 in September, the Central Statistical Office (KSH)...

MNB FX swap stock remains close to HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.987 trillion...

Series of capital raises lift Opus net worth more than HUF 200 bln

The board of Opus Global, controlled by the investor Lőrinc Mészáros, decided on the final steps of a series of...

Decision time for Altera as Wallis enters bourse

In mid-December, Altera will reach an important milestone in its transformation as Wallis’s automotive group enters the Budapest Stock Exchange...

State assets, sports get HUF 5.8 bln more

The government decided to transfer HUF 5.83 billion with immediate effect from budget money set aside to provide finance for...

Banking sector liquidity narrows further

The forint liquidity of Hungary’s banking sector narrowed further in October from a month earlier, mainly reflected in a decrease...

Construction company Közgép sold to Duna Aszfalt

Businessman Zsolt Nyerges on Saturday announced the sale of construction firm Közgép to Duna Aszfalt, owned by László Szíjj, state...

MNB allocates HUF 20 bln of MIRS

The National Bank of Hungary (MNB) allocated HUF 20 billion of monetary policy interest rate swaps (MIRS) designed to flatten...

OTP earnings in Q3 up 8% year-on-year

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 8% year-on-year to HUF 85.9 billion as its...

Magyar Telekom Q3 profits fall as margins narrow

Third-quarter net income of Magyar Telekom fell an adjusted 23.3% year-on-year to HUF 13.9 billion as costs climbed faster than...

Richter Q3 profit plunges as revenues drop

Third-quarter net income of Hungarian drugmaker Gedeon Richter fell 44.1% year-on-year to HUF 8.8 billion as revenues dropped and administrative...

Zwack profit up over 27% in H1

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 27.4% year-on-year to HUF 1.13 billion in the first half...