Telco

Telco

MNB: Banking sector liquidity down in July

The forint liquidity of Hungaryʼs banking sector fell in July from a month earlier, reflected mainly in the lower average...

Telco

OTP Q2 profit climbs 88% on lower risk costs

OTP Bankʼs consolidated second-quarter after-tax profit jumped to HUF 71.9 bln, an 88% increase over the second quarter of 2015,...

Telco

Net sales of retail govʼt securities reach HUF 64.8 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 64.8 billion in July, bringing the total...

Telco

HIPA assists €2.3 bln of investment

The Hungarian Investment Promotion Agency (HIPA) this year aided the decisions of foreign companies to invest an accumulated €2.3 billion...

Telco

CIB H1 profit reaches HUF 12.9 bln

The Italian-owned CIB Group had after-tax profit of HUF 12.9 bln in the first half, a huge improvement over a...

Telco

Growing market, Euro 2016 lift Zwack sales

Zwack Unicum, Hungaryʼs best-known spirits maker, posted after-tax profit of HUF 532 million in the first quarter of its business...

Telco

Seven-month deficit 61% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 464.8 billion in the first seven months of 2016, shows...

Telco

Hungary’s trade surplus up in June, rises to €5.3 bln in H1

Hungary’s trade surplus was €1.129 billion, up by €302 million in June as compared to the same month a year...

Telco

MTel profit drops as revenue slips in Q2

Magyar Telekomʼs second-quarter net income was HUF 11.59 billion, down 14.3% at from the same period a year earlier, an...

Telco

MOL profit rises 45%, lifted by lower tax in Q2

Hungarian oil and gas company MOLʼs second-quarter net income rose 45% year-on-year to HUF 83.5 billion as corporate tax costs...

Telco

Rába revenues rise, operating profit falls

Hungarian automotive company Rába had revenues of HUF 10.93 billion in the second quarter of 2016, up 3.1% from a...

Telco

Car tire production up 8.5% in H1

Production of summer tires for personal vehicles saw an 8.5% growth in Hungary in the first half of the year...

Telco

Tesco’s Hungarian unit turns profitable

The Hungarian unit of U.K.-based retail giant Tesco had after-tax profit of HUF 13.2 billion in the financial year ending...

Telco

MNB: Retail lending stock edges down on revaluations in June

Retail lending stock of Hungarian banks edged down about HUF 1 billion to HUF 5.7659 trillion in June, according to...

Telco

MNB: Net borrowing raises corporate lending stock in June

Corporate lending stock of Hungarian banks rose by HUF 14.9 billion to HUF 5.9628 trillion in June from the previous...

Telco

MNB: Banking sector liquidity down in July

The forint liquidity of Hungaryʼs banking sector fell in July from a month earlier, reflected mainly in the lower average...

Telco

OTP Q2 profit climbs 88% on lower risk costs

OTP Bankʼs consolidated second-quarter after-tax profit jumped to HUF 71.9 bln, an 88% increase over the second quarter of 2015,...

Telco

Net sales of retail govʼt securities reach HUF 64.8 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 64.8 billion in July, bringing the total...

Telco

HIPA assists €2.3 bln of investment

The Hungarian Investment Promotion Agency (HIPA) this year aided the decisions of foreign companies to invest an accumulated €2.3 billion...

Telco

CIB H1 profit reaches HUF 12.9 bln

The Italian-owned CIB Group had after-tax profit of HUF 12.9 bln in the first half, a huge improvement over a...

Telco

Growing market, Euro 2016 lift Zwack sales

Zwack Unicum, Hungaryʼs best-known spirits maker, posted after-tax profit of HUF 532 million in the first quarter of its business...

Telco

Seven-month deficit 61% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 464.8 billion in the first seven months of 2016, shows...

Telco

Hungary’s trade surplus up in June, rises to €5.3 bln in H1

Hungary’s trade surplus was €1.129 billion, up by €302 million in June as compared to the same month a year...

Telco

MTel profit drops as revenue slips in Q2

Magyar Telekomʼs second-quarter net income was HUF 11.59 billion, down 14.3% at from the same period a year earlier, an...

Telco

MOL profit rises 45%, lifted by lower tax in Q2

Hungarian oil and gas company MOLʼs second-quarter net income rose 45% year-on-year to HUF 83.5 billion as corporate tax costs...

Telco

Rába revenues rise, operating profit falls

Hungarian automotive company Rába had revenues of HUF 10.93 billion in the second quarter of 2016, up 3.1% from a...

Telco

Car tire production up 8.5% in H1

Production of summer tires for personal vehicles saw an 8.5% growth in Hungary in the first half of the year...

Telco

Tesco’s Hungarian unit turns profitable

The Hungarian unit of U.K.-based retail giant Tesco had after-tax profit of HUF 13.2 billion in the financial year ending...

Telco

MNB: Retail lending stock edges down on revaluations in June

Retail lending stock of Hungarian banks edged down about HUF 1 billion to HUF 5.7659 trillion in June, according to...

Telco

MNB: Net borrowing raises corporate lending stock in June

Corporate lending stock of Hungarian banks rose by HUF 14.9 billion to HUF 5.9628 trillion in June from the previous...

MNB: Banking sector liquidity down in July

The forint liquidity of Hungaryʼs banking sector fell in July from a month earlier, reflected mainly in the lower average...

OTP Q2 profit climbs 88% on lower risk costs

OTP Bankʼs consolidated second-quarter after-tax profit jumped to HUF 71.9 bln, an 88% increase over the second quarter of 2015,...

Net sales of retail govʼt securities reach HUF 64.8 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 64.8 billion in July, bringing the total...

HIPA assists €2.3 bln of investment

The Hungarian Investment Promotion Agency (HIPA) this year aided the decisions of foreign companies to invest an accumulated €2.3 billion...

CIB H1 profit reaches HUF 12.9 bln

The Italian-owned CIB Group had after-tax profit of HUF 12.9 bln in the first half, a huge improvement over a...

Growing market, Euro 2016 lift Zwack sales

Zwack Unicum, Hungaryʼs best-known spirits maker, posted after-tax profit of HUF 532 million in the first quarter of its business...

Seven-month deficit 61% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 464.8 billion in the first seven months of 2016, shows...

Hungary’s trade surplus up in June, rises to €5.3 bln in H1

Hungary’s trade surplus was €1.129 billion, up by €302 million in June as compared to the same month a year...

MTel profit drops as revenue slips in Q2

Magyar Telekomʼs second-quarter net income was HUF 11.59 billion, down 14.3% at from the same period a year earlier, an...

MOL profit rises 45%, lifted by lower tax in Q2

Hungarian oil and gas company MOLʼs second-quarter net income rose 45% year-on-year to HUF 83.5 billion as corporate tax costs...

Rába revenues rise, operating profit falls

Hungarian automotive company Rába had revenues of HUF 10.93 billion in the second quarter of 2016, up 3.1% from a...

Car tire production up 8.5% in H1

Production of summer tires for personal vehicles saw an 8.5% growth in Hungary in the first half of the year...

Tesco’s Hungarian unit turns profitable

The Hungarian unit of U.K.-based retail giant Tesco had after-tax profit of HUF 13.2 billion in the financial year ending...

MNB: Retail lending stock edges down on revaluations in June

Retail lending stock of Hungarian banks edged down about HUF 1 billion to HUF 5.7659 trillion in June, according to...

MNB: Net borrowing raises corporate lending stock in June

Corporate lending stock of Hungarian banks rose by HUF 14.9 billion to HUF 5.9628 trillion in June from the previous...