Today is : Friday,23rd Jun 2017

Business News

» Ascent Resources buys further consessions in Hungary
Ascent Resources plc, has acquired a 60% interest in the 1,990-square-kilometre Igal-II exploration permit in Central Hungary though its 60% equity interest in Hungarian company Pelsolaj kft...

» Audi to announce EUR 1 bn investment in Hungary today - source (2)
(Adds details from another source) German automaker Audi, which is owned by Volkswagen, could announce an investment of EUR 1 billion to expand its production plant in northwest Hungary, a source...

» Hungary MOL boosts revolving credit facility by EUR 50 m
Hungarian oil and gas group MOL has announced on Thursday that it increased the amount of a revolving credit facility by EUR 50 million. “On 22 September 2010 the amount of the revolving...

» Hungary draft media rules evoke laws in “totalitarian regimes" - OSCE
Hungary's heavily criticised new media law was reminiscent of a totalitarian regime, said Dunja Mijatovic, the media freedom representative of the Organization for Security and Co-operation in Europe...

» Hungary c.bank not in rate hike mood, ball is in the govt's court - Portfolio.hu Poll
Hungary’s central bank (NBH) will leave its base rate on hold at 5.25% next Monday, analysts agreed in a Portfolio.hu poll on Wednesday. While there is no split on the market in this regard,...

» Audi plans in Hungary to be unveiled tomorrow by Chairman, PM
Viktor Orbán, Hungary’s Prime Minister, and Rupert Stadler, Chairman of the Board of Management of AUDI AG, are to hold a joint press conference on Thursday in Budapest, where they are expected...

» Dusk is setting in on the European solar energy market
News keeps flooding in about European states that have championed renewable energy resources; with the majority currently reconsidering their subsidy policies. Any changes could easily reshuffle the...

» EBRD to step up renewable energy financing in CEE - Portfolio.hu Interview
What role does the European Bank for Reconstruction and Development (EBRD) play in making the energy supply of Central and Eastern Europe greener? Does it have favourite technologies to support? How...

» Hungary Magyar Telekom to start selling iPhone 4 on Friday
Magyar Telekom will star selling Apple’s highly-awaited iPhone 4 on Friday, local newswire MTI reported on Wednesday. The debut will take place in MTel’s T-Point store in Budapest’s...

» ANALYST VIEW - UniCredit downgrades Hungary's MOL
UniCredit has lowered is rating for Hungarian fuels group MOL to 'Hold' from 'Buy'. More to follow! 2010.09.16 09:01 ANALYST VIEW - Goldman Sachs downgrades Hungary´s MOL ...

» INSTANT VIEW - Hungary retail sales surprise on the upside, grow m/m, yr/yr (5)
(Adds comment by UniCredit) The volume of retail sales in Hungary rose by 1% in monthly terms in July, according to data adjusted seasonally and by working days, following an 0.1% drop in June, the...

» Hungary retail sales rise for the first time in 3.5 years
The volume of retail sales in Hungary rose by 1% in monthly terms in July, according to data adjusted seasonally and by working days, following an 0.1% drop in June, the Central Statistics Office...

» Hungary CIG Pannónia to raise capital via share issue in Oct, go public in Nov
The shares of CIG Pannónia Life Insurance Company will be floated on the Budapest Stock Exchange (BSE) on 1 November after a public offering at a price of HUF 938 per share between October 11 and 22,...

» Hankook to start truck tire production, continue expansion in Hungary
Hankook, South Korea’s largest tire maker, plans to expand its Hungarian plant further and start producing tires truck tires, as well, in the medium-term, the company has announced on Tuesday. ...

» ANALYST VIEW - Hungary public funding needs likely to rise in 2011 - Citi
Hungary’s Government Debt Management Agency (ÁKK) has recently published key figures of the planned bond issuances for 2011. On Tuesday, Citi has reiterated its earlier view that public...