Norwegian telecom Telenor has entered into an agreement to sell its assets in Central and Eastern Europe (CEE) to the Czech PPF Group for EUR 2.8 billion, around NOK 27 bln, the company said on Wednesday, according to media reports.
General Electric (GE) plans to boost the value of purchases from some 1,300 certified suppliers in Hungary from the current USD 900 million a year, GE Europe President-CEO Peter Stracar said Tuesday at a forum for suppliers initiated by the company in Budapest, as reported by online business news site vg.hu.
Industrial output was up nearly 7% in January from a year before. The figures give reason for optimism and analysts therefore also expect good GDP data for the first quarter.
Vienna remained on top for the ninth year as the city with the best quality of living, according to an annual list of world cities compiled by U.S. consultancy firm Mercer. Budapest ranks 76th among 231 cities on the list.
Three weeks before the parliamentary elections on April 8, undecided voters seem more ready to make their choices, as their percentage among all voters has shrunk by 4 percentage points in the latest poll by Závecz Research. Meanwhile, governing Fidesz has lost some support, but is still overwhelming compared to other parties.