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Portfolio Kft, a Hungarian subsidiary of Austria's Erste Bank AG, raised its stake in Hungary's biggest independent computer-services company Synergon Rt, Portfolio said in a stock exchange filing today.
Portfolio now owns more than 5% of Synergon, following the purchase of 0.63% of Synergon on March 13, the announcement said. Under Hungarian law, investors must publicly report their holdings in companies when their stake rises above 5%.