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Revenue from online advertising grows 36%

Hungary's online advertising market was worth about Ft 1.483 billion in the first half of 2005, 36% more than in the same period a year earlier, according to figures compiled by Origo, an internet portal owned by T-Online Hungary Rt, the ISP unit of Hungary's incumbent telco. Origo said the online advertising market is expected to grow further, taking an even bigger chunk of all-advertising spending. This year alone, Hungary's online advertising market should grow 30-40%, according to estimates by Hungary's biggest sellers of online advertising. (Econews)