Budapest Stock Exchange marks 25th anniversary of relaunch
The Budapest Stock Exchange celebrated the 25th anniversary of its re-establishment today.
The re-establishment, on June 21, 1990, was a milestone not only for the bourse but for the Hungarian economy as a whole, said CEO Zsolt Katona. The BSE also served as an example for the rest of the stock exchanges in the region, in terms of market and product development, as well as technical and regulatory infrastructure, he added.
Chairman Michael Buhl noted that the bourseʼs past stretched back much further than 25 years.
The bourse started operating in 1864, first as a securities exchange, and later as a commodities exchange, as well. The bourse was dissolved in 1948, after much of Hungaryʼs industry was nationalized.
The bourse relaunched in 1990 with 41 founding members and traded shares in a single company: IBUSZ.
Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1
Bulgaria's Household Income, Spending Rise 20% in 2023
Job Fair and Career Prep at Corvinus Starts Tomorrow
Spago Budapest Offering Unique Sunday Brunch Experience
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
