Telco

Telco

General government runs HUF 13.7 bln deficit in H1

Hungaryʼs general government ran a HUF 13.7 billion deficit in the first half of the year, equivalent to 0.1% of...

Telco

Erste Group net income in Hungary drops 27% in H1

Consolidated net income of the Hungarian business of Austriaʼs Erste Group dropped 27% to HUF 22.91 billion in the first...

Telco

Mészáros-controlled Konzum doubles assets in first half

Due to a capital increase announced last December, net assets of Konzum, the investment company controlled by Lőrinc Mészáros, surpassed...

Telco

Sziget Zrt. profits could reach HUF 1.5 bln in 2018

This year, profits of festival organizer Sziget Zrt. could again reach the record HUF 1.5 billion achieved two years earlier,...

Telco

Russian-Hungarian consortium inks giant rail deal in Egypt

Transmashholding Hungary, a Russian-Hungarian consortium, has signed a contract worth more than EUR 1 billion on the delivery of 1,300...

Telco

Deficit 121% of full-year target at end of August, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, thus...

Telco

Hirschler Glas inaugurates HUF 413 mln production hall

Hungarian-owned vehicle rear view mirror maker Hirschler Glas inaugurated a HUF 413 million production hall at its base in Sopron...

Telco

Investment companiesʼ Q2 profit jumps 48%

Investment companiesʼ net profit rose 48% year-on-year to HUF 2.63 billion in Q2, data released by the National Bank of...

Telco

Gemtech to spend HUF 1bln on capacity expansion

Machinery company Gemtech will spend almost HUF 1 billion on purchasing machinery to expand production capacity in Napkor (249 km...

Telco

Budapest Bank posts HUF 9.2 bln after-tax profit in H1

Hungarian banking group Budapest Bank, owned by the state-owned Hungarian Development Bank (MFB), had HUF 9.2 billion consolidated after-tax profit...

Telco

Deficit rises to 121% of full-year target in August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, the...

Telco

MOL raises diesel prices, now 15% higher than in February

Hungarian oil and gas company MOL will raise its wholesale diesel price by HUF 3 per liter from today, industry...

Telco

K&H Bank H1 profit climbs 40%

K&H Bankʼs consolidated first-half after-tax profit rose 40% year-on-year to HUF 31.5 billion, CEO David Moucheron said at a press...

Telco

MNB prepares to withdraw old HUF 1,000 bills

The National Bank of Hungary (MNB) issued a reminder on Tuesday that old HUF 1,000 bills, which have been replaced...

Telco

Provisions release raises CIB Bank profit

Consolidated first-half after-tax profit of CIB Bank, the local unit of Italyʼs Intesa Sanpaolo banking group, rose 25% year-on-year to...

Telco

General government runs HUF 13.7 bln deficit in H1

Hungaryʼs general government ran a HUF 13.7 billion deficit in the first half of the year, equivalent to 0.1% of...

Telco

Erste Group net income in Hungary drops 27% in H1

Consolidated net income of the Hungarian business of Austriaʼs Erste Group dropped 27% to HUF 22.91 billion in the first...

Telco

Mészáros-controlled Konzum doubles assets in first half

Due to a capital increase announced last December, net assets of Konzum, the investment company controlled by Lőrinc Mészáros, surpassed...

Telco

Sziget Zrt. profits could reach HUF 1.5 bln in 2018

This year, profits of festival organizer Sziget Zrt. could again reach the record HUF 1.5 billion achieved two years earlier,...

Telco

Russian-Hungarian consortium inks giant rail deal in Egypt

Transmashholding Hungary, a Russian-Hungarian consortium, has signed a contract worth more than EUR 1 billion on the delivery of 1,300...

Telco

Deficit 121% of full-year target at end of August, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, thus...

Telco

Hirschler Glas inaugurates HUF 413 mln production hall

Hungarian-owned vehicle rear view mirror maker Hirschler Glas inaugurated a HUF 413 million production hall at its base in Sopron...

Telco

Investment companiesʼ Q2 profit jumps 48%

Investment companiesʼ net profit rose 48% year-on-year to HUF 2.63 billion in Q2, data released by the National Bank of...

Telco

Gemtech to spend HUF 1bln on capacity expansion

Machinery company Gemtech will spend almost HUF 1 billion on purchasing machinery to expand production capacity in Napkor (249 km...

Telco

Budapest Bank posts HUF 9.2 bln after-tax profit in H1

Hungarian banking group Budapest Bank, owned by the state-owned Hungarian Development Bank (MFB), had HUF 9.2 billion consolidated after-tax profit...

Telco

Deficit rises to 121% of full-year target in August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, the...

Telco

MOL raises diesel prices, now 15% higher than in February

Hungarian oil and gas company MOL will raise its wholesale diesel price by HUF 3 per liter from today, industry...

Telco

K&H Bank H1 profit climbs 40%

K&H Bankʼs consolidated first-half after-tax profit rose 40% year-on-year to HUF 31.5 billion, CEO David Moucheron said at a press...

Telco

MNB prepares to withdraw old HUF 1,000 bills

The National Bank of Hungary (MNB) issued a reminder on Tuesday that old HUF 1,000 bills, which have been replaced...

Telco

Provisions release raises CIB Bank profit

Consolidated first-half after-tax profit of CIB Bank, the local unit of Italyʼs Intesa Sanpaolo banking group, rose 25% year-on-year to...

General government runs HUF 13.7 bln deficit in H1

Hungaryʼs general government ran a HUF 13.7 billion deficit in the first half of the year, equivalent to 0.1% of...

Erste Group net income in Hungary drops 27% in H1

Consolidated net income of the Hungarian business of Austriaʼs Erste Group dropped 27% to HUF 22.91 billion in the first...

Mészáros-controlled Konzum doubles assets in first half

Due to a capital increase announced last December, net assets of Konzum, the investment company controlled by Lőrinc Mészáros, surpassed...

Sziget Zrt. profits could reach HUF 1.5 bln in 2018

This year, profits of festival organizer Sziget Zrt. could again reach the record HUF 1.5 billion achieved two years earlier,...

Russian-Hungarian consortium inks giant rail deal in Egypt

Transmashholding Hungary, a Russian-Hungarian consortium, has signed a contract worth more than EUR 1 billion on the delivery of 1,300...

Deficit 121% of full-year target at end of August, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, thus...

Hirschler Glas inaugurates HUF 413 mln production hall

Hungarian-owned vehicle rear view mirror maker Hirschler Glas inaugurated a HUF 413 million production hall at its base in Sopron...

Investment companiesʼ Q2 profit jumps 48%

Investment companiesʼ net profit rose 48% year-on-year to HUF 2.63 billion in Q2, data released by the National Bank of...

Gemtech to spend HUF 1bln on capacity expansion

Machinery company Gemtech will spend almost HUF 1 billion on purchasing machinery to expand production capacity in Napkor (249 km...

Budapest Bank posts HUF 9.2 bln after-tax profit in H1

Hungarian banking group Budapest Bank, owned by the state-owned Hungarian Development Bank (MFB), had HUF 9.2 billion consolidated after-tax profit...

Deficit rises to 121% of full-year target in August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, the...

MOL raises diesel prices, now 15% higher than in February

Hungarian oil and gas company MOL will raise its wholesale diesel price by HUF 3 per liter from today, industry...

K&H Bank H1 profit climbs 40%

K&H Bankʼs consolidated first-half after-tax profit rose 40% year-on-year to HUF 31.5 billion, CEO David Moucheron said at a press...

MNB prepares to withdraw old HUF 1,000 bills

The National Bank of Hungary (MNB) issued a reminder on Tuesday that old HUF 1,000 bills, which have been replaced...

Provisions release raises CIB Bank profit

Consolidated first-half after-tax profit of CIB Bank, the local unit of Italyʼs Intesa Sanpaolo banking group, rose 25% year-on-year to...