Mátra Energy Holding announced on Wednesday that it has acquired a majority of 72.66% of shares in power plant Mátrai Erőmű. Listed holding Opus Global owns 50% of Mátra Energy Holding through Status Power Invest, while the other 50% is owned by EPH, a Czech vertically integrated energy utility.
In January 2018, the volume of sales in retail shops, according to both raw and calendar-adjusted data, grew by 7.8% compared to the same month last year, the Central Statistical Office (KSH) said in a second estimate of monthly retail trade data. The figure is 0.3 of a percentage point higher than that published in the first estimate on March 5.
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.
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.