Telco

Telco

MTel Q1 profit drops 55% on narrower margins, one-offs

Magyar Telekomʼs first-quarter after-tax profit fell 54.6% year-on-year to HUF 4.8 billion on narrower margins and one-offs in the base...

Telco

Hungarians spend HUF 11,000/month on household energy

Hungarians spent HUF 10,907 per month on average on household energy in 2016, a summary of preliminary household consumption data...

Telco

Revenues, financial income push Richter Q1 profit up 71%

Hungarian drugmaker Gedeon Richterʼs first-quarter net income rose 71% year-on-year to HUF 19.8 billion, lifted by higher revenue, financial income...

Telco

General gov’t runs HUF 121.5 bln deficit at end of April

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 121.5 billion deficit at the end of April, according...

Telco

Corporate lending of Hungarian banks up in March

The corporate lending stock of Hungarian banks was up in March from the previous month as companies were net borrowers,...

Telco

Retail lending of Hungarian banks edges down in March

The retail lending stock of Hungarian banks was down in March compared to the previous month, fresh data from the...

Telco

Wingholding books HUF 255 mln loss in 2016

Hungarian property developer Wingholding booked a HUF 255 million loss in 2016, an audited earnings statement posted on the website...

Telco

MOL Q1 earnings up 28% as inventories rise

Hungarian oil and gas company MOL?s first-quarter net income rose 28% to HUF 93.9 billion from the corresponding period a...

Telco

Bill would raise 2017 revenue, expenditure targets by HUF 420 bln

Hungaryʼs government submitted a bill to Parliament late Tuesday that would raise the revenue and expenditure targets in the 2017...

Telco

Government submits 2018 budget bill to Parliament

Minister for National Economy Mihály Varga submitted the 2018 budget bill to Parliament yesterday, Hungarian news agency MTI reported. The...

Telco

BSE turnover reaches HUF 217 bln in April

Share turnover on the Budapest Stock Exchange (BET) reached HUF 216.8 billion in April, the bourse said today, according to...

Telco

Erste Hungary to cut staff, restructure to save costs

The chairman-CEO of Austrian-owned Erste Bank Hungary told journalists on Friday that the lender plans to cut staff by 7-9%...

Telco

INA profitable in Q1, after loss a year ago

Croatian oil and gas company INA, a subsidiary of Hungaryʼs MOL, had net profit of HRK 199 million in the...

Telco

TakarékBank profit slips to HUF 3 bln in 2016

After-tax profit of TakarékBank, the "central bank" for Hungaryʼs savings cooperatives, fell 7% to HUF 3 billion last year, the...

Telco

MVM profit reaches HUF 48.4 bln in 2016

The state-owned Hungarian Electricity Works (MVM) had consolidated after-tax profit of HUF 48.4 billion last year, the company said yesterday....

Telco

MTel Q1 profit drops 55% on narrower margins, one-offs

Magyar Telekomʼs first-quarter after-tax profit fell 54.6% year-on-year to HUF 4.8 billion on narrower margins and one-offs in the base...

Telco

Hungarians spend HUF 11,000/month on household energy

Hungarians spent HUF 10,907 per month on average on household energy in 2016, a summary of preliminary household consumption data...

Telco

Revenues, financial income push Richter Q1 profit up 71%

Hungarian drugmaker Gedeon Richterʼs first-quarter net income rose 71% year-on-year to HUF 19.8 billion, lifted by higher revenue, financial income...

Telco

General gov’t runs HUF 121.5 bln deficit at end of April

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 121.5 billion deficit at the end of April, according...

Telco

Corporate lending of Hungarian banks up in March

The corporate lending stock of Hungarian banks was up in March from the previous month as companies were net borrowers,...

Telco

Retail lending of Hungarian banks edges down in March

The retail lending stock of Hungarian banks was down in March compared to the previous month, fresh data from the...

Telco

Wingholding books HUF 255 mln loss in 2016

Hungarian property developer Wingholding booked a HUF 255 million loss in 2016, an audited earnings statement posted on the website...

Telco

MOL Q1 earnings up 28% as inventories rise

Hungarian oil and gas company MOL?s first-quarter net income rose 28% to HUF 93.9 billion from the corresponding period a...

Telco

Bill would raise 2017 revenue, expenditure targets by HUF 420 bln

Hungaryʼs government submitted a bill to Parliament late Tuesday that would raise the revenue and expenditure targets in the 2017...

Telco

Government submits 2018 budget bill to Parliament

Minister for National Economy Mihály Varga submitted the 2018 budget bill to Parliament yesterday, Hungarian news agency MTI reported. The...

Telco

BSE turnover reaches HUF 217 bln in April

Share turnover on the Budapest Stock Exchange (BET) reached HUF 216.8 billion in April, the bourse said today, according to...

Telco

Erste Hungary to cut staff, restructure to save costs

The chairman-CEO of Austrian-owned Erste Bank Hungary told journalists on Friday that the lender plans to cut staff by 7-9%...

Telco

INA profitable in Q1, after loss a year ago

Croatian oil and gas company INA, a subsidiary of Hungaryʼs MOL, had net profit of HRK 199 million in the...

Telco

TakarékBank profit slips to HUF 3 bln in 2016

After-tax profit of TakarékBank, the "central bank" for Hungaryʼs savings cooperatives, fell 7% to HUF 3 billion last year, the...

Telco

MVM profit reaches HUF 48.4 bln in 2016

The state-owned Hungarian Electricity Works (MVM) had consolidated after-tax profit of HUF 48.4 billion last year, the company said yesterday....

MTel Q1 profit drops 55% on narrower margins, one-offs

Magyar Telekomʼs first-quarter after-tax profit fell 54.6% year-on-year to HUF 4.8 billion on narrower margins and one-offs in the base...

Hungarians spend HUF 11,000/month on household energy

Hungarians spent HUF 10,907 per month on average on household energy in 2016, a summary of preliminary household consumption data...

Revenues, financial income push Richter Q1 profit up 71%

Hungarian drugmaker Gedeon Richterʼs first-quarter net income rose 71% year-on-year to HUF 19.8 billion, lifted by higher revenue, financial income...

General gov’t runs HUF 121.5 bln deficit at end of April

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 121.5 billion deficit at the end of April, according...

Corporate lending of Hungarian banks up in March

The corporate lending stock of Hungarian banks was up in March from the previous month as companies were net borrowers,...

Retail lending of Hungarian banks edges down in March

The retail lending stock of Hungarian banks was down in March compared to the previous month, fresh data from the...

Wingholding books HUF 255 mln loss in 2016

Hungarian property developer Wingholding booked a HUF 255 million loss in 2016, an audited earnings statement posted on the website...

MOL Q1 earnings up 28% as inventories rise

Hungarian oil and gas company MOL?s first-quarter net income rose 28% to HUF 93.9 billion from the corresponding period a...

Bill would raise 2017 revenue, expenditure targets by HUF 420 bln

Hungaryʼs government submitted a bill to Parliament late Tuesday that would raise the revenue and expenditure targets in the 2017...

Government submits 2018 budget bill to Parliament

Minister for National Economy Mihály Varga submitted the 2018 budget bill to Parliament yesterday, Hungarian news agency MTI reported. The...

BSE turnover reaches HUF 217 bln in April

Share turnover on the Budapest Stock Exchange (BET) reached HUF 216.8 billion in April, the bourse said today, according to...

Erste Hungary to cut staff, restructure to save costs

The chairman-CEO of Austrian-owned Erste Bank Hungary told journalists on Friday that the lender plans to cut staff by 7-9%...

INA profitable in Q1, after loss a year ago

Croatian oil and gas company INA, a subsidiary of Hungaryʼs MOL, had net profit of HRK 199 million in the...

TakarékBank profit slips to HUF 3 bln in 2016

After-tax profit of TakarékBank, the "central bank" for Hungaryʼs savings cooperatives, fell 7% to HUF 3 billion last year, the...

MVM profit reaches HUF 48.4 bln in 2016

The state-owned Hungarian Electricity Works (MVM) had consolidated after-tax profit of HUF 48.4 billion last year, the company said yesterday....