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Telco

Hungarian bank profits fall in Q1

Hungarian banksʼ combined after-tax profit at the end of 2018 Q1 decreased to HUF 159.9 billion from HUF 180.5 billion...

Telco

Banking sector liquidity rose in May

Forint liquidity of Hungaryʼs banking sector rose in May from a month earlier, which was mainly reflected in an increase...

Telco

Hungaryʼs 2019 budget submitted to Parliament

The four main goals of the budget are ensuring the security of the country, maintaining strong economic growth, supporting families,...

Telco

Self-driving car test track to start operating next summer

A HUF 42 billion test track for self-driving cars the government is building in Zalaegerszeg could start operating by next...

Telco

Drugstore chains booming in Hungary

On average every third Hungarian is buying a face care product at Drogerie Markt (DM) and every fourth a body...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of monetary policy interest rate swaps (MIRS) designed to flatten...

Telco

Deficit reaches 87% of full-year target in May

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 1,187.5 billion at the end of May,...

Telco

Insurersʼ premium revenues climb 8% in Q1

First-quarter revenue from premiums of Hungarian insurers rose 8% year-on-year to HUF 275.6 billion, fresh data compiled by the National...

Telco

Collected taxes increased in 2017

Revenues handled by Hungaryʼs National Tax and Customs Administration (NAV) amounted to HUF 13.401 trillion last year, a 4.8% increase...

Telco

Banks see similar rises in corporate, retail lending in April

Non-financial companies were net borrowers of HUF 51 billion in April, lifting Hungarian banksʼ corporate lending stock to HUF 6.78...

Telco

Bosch Hungary revenues top HUF 1.3 tln in 2017

German engineering giant Boschʼs turnover in Hungary rose 13% to HUF 1.304 trillion last year, and it also targets double-digit...

Telco

MÁV sales revenue flat at HUF 152 bln in 2017

Net sales revenues of state-owned railway company MÁV totaled HUF 152 billion in 2017, little changed from the previous year,...

Telco

MNB puts all 2017 earnings into profit reserves

The National Bank of Hungary (MNB) generated HUF 38.3 billion profit in 2017, and, under the decision of its board,...

Telco

Főtaxi acquires Budapest Taxi

Budapestʼs Főtaxi has acquired peer Budapest Taxi, increasing its fleet from 1,500 to 2,000 vehicles, Főtaxi said on Monday. Budapest...

Telco

Zwack board proposes HUF 1,050 per-share dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a HUF 1,050 per-share dividend on earnings...

Telco

Hungarian bank profits fall in Q1

Hungarian banksʼ combined after-tax profit at the end of 2018 Q1 decreased to HUF 159.9 billion from HUF 180.5 billion...

Telco

Banking sector liquidity rose in May

Forint liquidity of Hungaryʼs banking sector rose in May from a month earlier, which was mainly reflected in an increase...

Telco

Hungaryʼs 2019 budget submitted to Parliament

The four main goals of the budget are ensuring the security of the country, maintaining strong economic growth, supporting families,...

Telco

Self-driving car test track to start operating next summer

A HUF 42 billion test track for self-driving cars the government is building in Zalaegerszeg could start operating by next...

Telco

Drugstore chains booming in Hungary

On average every third Hungarian is buying a face care product at Drogerie Markt (DM) and every fourth a body...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of monetary policy interest rate swaps (MIRS) designed to flatten...

Telco

Deficit reaches 87% of full-year target in May

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 1,187.5 billion at the end of May,...

Telco

Insurersʼ premium revenues climb 8% in Q1

First-quarter revenue from premiums of Hungarian insurers rose 8% year-on-year to HUF 275.6 billion, fresh data compiled by the National...

Telco

Collected taxes increased in 2017

Revenues handled by Hungaryʼs National Tax and Customs Administration (NAV) amounted to HUF 13.401 trillion last year, a 4.8% increase...

Telco

Banks see similar rises in corporate, retail lending in April

Non-financial companies were net borrowers of HUF 51 billion in April, lifting Hungarian banksʼ corporate lending stock to HUF 6.78...

Telco

Bosch Hungary revenues top HUF 1.3 tln in 2017

German engineering giant Boschʼs turnover in Hungary rose 13% to HUF 1.304 trillion last year, and it also targets double-digit...

Telco

MÁV sales revenue flat at HUF 152 bln in 2017

Net sales revenues of state-owned railway company MÁV totaled HUF 152 billion in 2017, little changed from the previous year,...

Telco

MNB puts all 2017 earnings into profit reserves

The National Bank of Hungary (MNB) generated HUF 38.3 billion profit in 2017, and, under the decision of its board,...

Telco

Főtaxi acquires Budapest Taxi

Budapestʼs Főtaxi has acquired peer Budapest Taxi, increasing its fleet from 1,500 to 2,000 vehicles, Főtaxi said on Monday. Budapest...

Telco

Zwack board proposes HUF 1,050 per-share dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a HUF 1,050 per-share dividend on earnings...

Hungarian bank profits fall in Q1

Hungarian banksʼ combined after-tax profit at the end of 2018 Q1 decreased to HUF 159.9 billion from HUF 180.5 billion...

Banking sector liquidity rose in May

Forint liquidity of Hungaryʼs banking sector rose in May from a month earlier, which was mainly reflected in an increase...

Hungaryʼs 2019 budget submitted to Parliament

The four main goals of the budget are ensuring the security of the country, maintaining strong economic growth, supporting families,...

Self-driving car test track to start operating next summer

A HUF 42 billion test track for self-driving cars the government is building in Zalaegerszeg could start operating by next...

Drugstore chains booming in Hungary

On average every third Hungarian is buying a face care product at Drogerie Markt (DM) and every fourth a body...

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of monetary policy interest rate swaps (MIRS) designed to flatten...

Deficit reaches 87% of full-year target in May

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 1,187.5 billion at the end of May,...

Insurersʼ premium revenues climb 8% in Q1

First-quarter revenue from premiums of Hungarian insurers rose 8% year-on-year to HUF 275.6 billion, fresh data compiled by the National...

Collected taxes increased in 2017

Revenues handled by Hungaryʼs National Tax and Customs Administration (NAV) amounted to HUF 13.401 trillion last year, a 4.8% increase...

Banks see similar rises in corporate, retail lending in April

Non-financial companies were net borrowers of HUF 51 billion in April, lifting Hungarian banksʼ corporate lending stock to HUF 6.78...

Bosch Hungary revenues top HUF 1.3 tln in 2017

German engineering giant Boschʼs turnover in Hungary rose 13% to HUF 1.304 trillion last year, and it also targets double-digit...

MÁV sales revenue flat at HUF 152 bln in 2017

Net sales revenues of state-owned railway company MÁV totaled HUF 152 billion in 2017, little changed from the previous year,...

MNB puts all 2017 earnings into profit reserves

The National Bank of Hungary (MNB) generated HUF 38.3 billion profit in 2017, and, under the decision of its board,...

Főtaxi acquires Budapest Taxi

Budapestʼs Főtaxi has acquired peer Budapest Taxi, increasing its fleet from 1,500 to 2,000 vehicles, Főtaxi said on Monday. Budapest...

Zwack board proposes HUF 1,050 per-share dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a HUF 1,050 per-share dividend on earnings...