Telco

Telco

Advance payments on EU funding lift deficit

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,639.0 billion deficit by the end of November, lifted...

Telco

Stock of 3-month deposits hits end-of-quarter target

The National Bank of Hungary (MNB) accepted HUF 25 billion of placements in its three-month deposits for banks at a...

Telco

Wages in Hungary grow fast in 2017

In October 2017, average gross earnings amounted to HUF 295,800, 12.8% higher than a year earlier, the Central Statistical Office...

Telco

Foreign firms generate 64% of IT sector revenues

Foreign-owned non-financial companies posted a combined total of HUF 45,000 billion sales revenues in Hungary in 2016, 2.3% less in...

Telco

Net sales of retail govʼt securities HUF 2.5 bln in November

Net sales of forint-denominated government securities targeted at retail investors came to HUF 2.5 billion in November, bringing the total...

Telco

MOL to launch car sharing service next year

National oil and gas company MOL will start a new car sharing service in Budapest from next year. Customers will...

Telco

Investments declining in SME sector

Hungaryʼs small and medium-sized enterprises (SMEs) employed close to two million people last year, contributing 43% of added value, 42%...

Telco

Banking sector liquidity down in November

Forint liquidity of Hungaryʼs banking sector fell in November from a month earlier, mainly reflected in declines in the average...

Telco

Videoton to build new production facility in Székesfehérvár

Electronics manufacturer Videoton EAS on Tuesday laid the cornerstone for a HUF 5 billion production hall in Székesfehérvár. The company...

Telco

SMEs begin applying for funds for tech development

Micro and small and medium-sized enterprises (SMEs) may submit applications from today for a total of HUF 17 billion in...

Telco

Tender raises ‘fine-tuning’ FX swap stock to HUF 1,506 bln

The National Bank of Hungary (MNB) injected a gross HUF 75 billion, or net HUF 50 bln, forint liquidity into...

Telco

ÁKK accepts no bids at six-week T-bill auction

The Government Debt Management Agency (ÁKK) planned to sell HUF 30 billion of discount six-week T-bills at a liquidity auction...

Telco

Hungarians spending more on life insurance

Insurance companies registered a significant increase in revenues from life insurance in Q3, while the expenses connected with them barely rose....

Telco

Tesco agrees average 10% wage hike

Supermarket chain Tesco has reached an agreement with workersʼ unions on overall average wage hikes of close to 10% from...

Telco

Tender raises ‘fine-tuning’ FX swap stock to HUF 1.455 tln

The National Bank of Hungary (MNB) injected a gross HUF 100 billion or net HUF 50 bln forint liquidity into...

Telco

Advance payments on EU funding lift deficit

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,639.0 billion deficit by the end of November, lifted...

Telco

Stock of 3-month deposits hits end-of-quarter target

The National Bank of Hungary (MNB) accepted HUF 25 billion of placements in its three-month deposits for banks at a...

Telco

Wages in Hungary grow fast in 2017

In October 2017, average gross earnings amounted to HUF 295,800, 12.8% higher than a year earlier, the Central Statistical Office...

Telco

Foreign firms generate 64% of IT sector revenues

Foreign-owned non-financial companies posted a combined total of HUF 45,000 billion sales revenues in Hungary in 2016, 2.3% less in...

Telco

Net sales of retail govʼt securities HUF 2.5 bln in November

Net sales of forint-denominated government securities targeted at retail investors came to HUF 2.5 billion in November, bringing the total...

Telco

MOL to launch car sharing service next year

National oil and gas company MOL will start a new car sharing service in Budapest from next year. Customers will...

Telco

Investments declining in SME sector

Hungaryʼs small and medium-sized enterprises (SMEs) employed close to two million people last year, contributing 43% of added value, 42%...

Telco

Banking sector liquidity down in November

Forint liquidity of Hungaryʼs banking sector fell in November from a month earlier, mainly reflected in declines in the average...

Telco

Videoton to build new production facility in Székesfehérvár

Electronics manufacturer Videoton EAS on Tuesday laid the cornerstone for a HUF 5 billion production hall in Székesfehérvár. The company...

Telco

SMEs begin applying for funds for tech development

Micro and small and medium-sized enterprises (SMEs) may submit applications from today for a total of HUF 17 billion in...

Telco

Tender raises ‘fine-tuning’ FX swap stock to HUF 1,506 bln

The National Bank of Hungary (MNB) injected a gross HUF 75 billion, or net HUF 50 bln, forint liquidity into...

Telco

ÁKK accepts no bids at six-week T-bill auction

The Government Debt Management Agency (ÁKK) planned to sell HUF 30 billion of discount six-week T-bills at a liquidity auction...

Telco

Hungarians spending more on life insurance

Insurance companies registered a significant increase in revenues from life insurance in Q3, while the expenses connected with them barely rose....

Telco

Tesco agrees average 10% wage hike

Supermarket chain Tesco has reached an agreement with workersʼ unions on overall average wage hikes of close to 10% from...

Telco

Tender raises ‘fine-tuning’ FX swap stock to HUF 1.455 tln

The National Bank of Hungary (MNB) injected a gross HUF 100 billion or net HUF 50 bln forint liquidity into...

Advance payments on EU funding lift deficit

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,639.0 billion deficit by the end of November, lifted...

Stock of 3-month deposits hits end-of-quarter target

The National Bank of Hungary (MNB) accepted HUF 25 billion of placements in its three-month deposits for banks at a...

Wages in Hungary grow fast in 2017

In October 2017, average gross earnings amounted to HUF 295,800, 12.8% higher than a year earlier, the Central Statistical Office...

Foreign firms generate 64% of IT sector revenues

Foreign-owned non-financial companies posted a combined total of HUF 45,000 billion sales revenues in Hungary in 2016, 2.3% less in...

Net sales of retail govʼt securities HUF 2.5 bln in November

Net sales of forint-denominated government securities targeted at retail investors came to HUF 2.5 billion in November, bringing the total...

MOL to launch car sharing service next year

National oil and gas company MOL will start a new car sharing service in Budapest from next year. Customers will...

Investments declining in SME sector

Hungaryʼs small and medium-sized enterprises (SMEs) employed close to two million people last year, contributing 43% of added value, 42%...

Banking sector liquidity down in November

Forint liquidity of Hungaryʼs banking sector fell in November from a month earlier, mainly reflected in declines in the average...

Videoton to build new production facility in Székesfehérvár

Electronics manufacturer Videoton EAS on Tuesday laid the cornerstone for a HUF 5 billion production hall in Székesfehérvár. The company...

SMEs begin applying for funds for tech development

Micro and small and medium-sized enterprises (SMEs) may submit applications from today for a total of HUF 17 billion in...

Tender raises ‘fine-tuning’ FX swap stock to HUF 1,506 bln

The National Bank of Hungary (MNB) injected a gross HUF 75 billion, or net HUF 50 bln, forint liquidity into...

ÁKK accepts no bids at six-week T-bill auction

The Government Debt Management Agency (ÁKK) planned to sell HUF 30 billion of discount six-week T-bills at a liquidity auction...

Hungarians spending more on life insurance

Insurance companies registered a significant increase in revenues from life insurance in Q3, while the expenses connected with them barely rose....

Tesco agrees average 10% wage hike

Supermarket chain Tesco has reached an agreement with workersʼ unions on overall average wage hikes of close to 10% from...

Tender raises ‘fine-tuning’ FX swap stock to HUF 1.455 tln

The National Bank of Hungary (MNB) injected a gross HUF 100 billion or net HUF 50 bln forint liquidity into...