Magyar Telekom, Telenor Magyarország and Vodafone Magyarország have been registered by Hungaryʼs National Media and Infocommunications Authority (NMHH) for the auctions for 5G spectrums, NMHH said today, according to a report by Hungarian news agency MTI.

The board of listed holding company Opus Global will ask shareholders for a mandate to issue HUF 28.6 billion of bonds in the framework of the National Bank of Hungaryʼs Bond Funding for Growth Scheme (BGS) at an EGM on October 4, the agenda for the meeting shows, state news wire MTI reports.

The volume of construction output, based on raw data, was 32.9% higher in July 2019 than a year earlier, according to the Central Statistical Office (KSH).

European Business Awards has announced the seven national winners for Hungary, with the companies qualifying for the finals in Warsaw on December 3-4, according to a press release sent to the Budapest Business Journal.

The ratio of pupils to teachers in Hungarian primary schools stands at 10.8, one of the lowest in the European Union, the latest data from Eurostat, the EUʼs statistical agency, indicates.

Prime Minister Viktor Orbán’s cabinet chief Gergely Gulyás said the government had no exchange rate target when asked about the forint’s slide, international news wire Reuters reported.

South Korean tire maker Hankook has postponed a planned HUF 89 billion investment at its plant in Rácalmás (central Hungary), business daily Világgazdaság reported on Thursday.

Poland’s central bank maintained its key interest rate at a record low on Wednesday, as widely expected, numerous outlets including Polish Radio and Reuters reported.

Romania’s headline inflation slowed in August after rising in the previous month, the latest figures from the National Institute of Statistics (INS) show. The consumer price index (CPI) rose 3.9% year-on-year after a 4.1% increase in July.

Brewer Heineken Hungária says the popularity of its non-alcoholic beers has grown significantly in the last five years, with Heineken 0.0 purchases doubling in the last year, while sales of alcohol-free Soproni Radlers have risen 130% since 2014.

The Government Debt Management Agency (ÁKK) sold a combined HUF 59.9 billion of bonds at auction on Thursday, raising its original offer by almost HUF 10 bln on strong demand for the longer terms, state news wire MTI reported.

The number of smartphone users in Hungary totals 5.3 million, equaling 89% of all internet users in the country, with Samsung maintaining its strong position among manufacturers and Android dominating the operating system market.

U.S.-owned metabolic engineering company Conagen on Wednesday announced plans to build a HUF 15 billion plant in Kaba (eastern Hungary), creating 250 jobs, state news agency MTI reported.

Some 29% of Hungarians currently planning to buy a car would prefer an electric vehicle (EV), while only 13% would consider purchasing a diesel car, according to research by energy company E.ON and German survey institute Kantar EMNID.

Hungarian plans to upgrade diplomatic relations with Syria will anger influential EU members who have sought to keep their distance from the Damascus regime, according to a report by ft.com, the Financial Times online news site.

Hungary could launch its high-speed 5G mobile network before the end of this year if plans remain on track, International Telecommunication Union (ITU) Secretary-General Houlin Zhao said after speaking to Prime Minister Viktor Orbán at the ongoing ITU Telecom World 2019 event in Budapest.

Czech consumer prices increased at a steady pace in August, the Czech Statistical Office (CZSO) said in a statement. Inflation came in at 2.9% in August, the same rate as seen in July. Inflation had been forecast to ease to 2.8%.

Producer prices in Croatia decreased 0.3% year-on-year in August, after a 0.3% rise in the previous month, according to the latest figures from the Croatian Bureau of Statistics (Crostat). 

Downside inflation risks have strengthened, the rate-setting Monetary Council of the National Bank of Hungary (MNB) said at its monthly policy meeting in August, the minutes from the meeting released Wednesday show, as cited by state news agency MTI.

Cordia, the Hungary-based Futureal Groupʼs residential development subsidiary, has started building its highest residential building project in Warsaw, named Horyzont Praga, bringing 164 apartments on 18 floors right next to the river Vistula.