Rating upgraded to ‘Buy’ from ‘Underperform’ Powered by WPeMatico

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Has net emigration stopped? Powered by WPeMatico

On 7 November Powered by WPeMatico

Here goes Scope Ratings again Powered by WPeMatico

Szeged will receive the most funding Powered by WPeMatico

Paving the way for corporate bond issue under central bank programme Powered by WPeMatico

Youth and research are the EP’s top priorities. Powered by WPeMatico

Creates 500 new jobs Powered by WPeMatico

Sales up 20%, while car purchases in Europe drop sharply Powered by WPeMatico

District 5 remains the priciest Powered by WPeMatico

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MNB fintech strategy in the making. Powered by WPeMatico

EC approves Innogy merger Powered by WPeMatico

2019 index review endorses Mol for sustainability Powered by WPeMatico

ESAs publish 2019 Autumn Report Powered by WPeMatico

For environmentally friendly storage and processing Powered by WPeMatico

In three summer months alone. Powered by WPeMatico

As of 31 January 2020. Powered by WPeMatico

Brief piece by Matolcsy could have knocked forint to new all-time low vs. EUR Powered by WPeMatico

Hedge positions cover 77% of requirements until end of business year. Powered by WPeMatico

Political aspects are unwelcome in the distribution of funds according to the government. Powered by WPeMatico

Or it already has? Powered by WPeMatico

Chief says targets can be still be attained. Powered by WPeMatico

Hungary could lose even more in cohesion, agricultural funds. Powered by WPeMatico

The telco finds the NMHH’s ruling “unfair and without legal grounds”. Powered by WPeMatico

A relatively eventless week ahead. Powered by WPeMatico

Brussels suddenly transfers HUF 500 bn to Hungary. Powered by WPeMatico

Magyar Telekom shares rise 3% on news Powered by WPeMatico

MNB to support digitalization of financial system. Powered by WPeMatico

Average salary now more than HUF 500,000. Foreign Minister says. Powered by WPeMatico

Egyre magasabb a hozzáadott érték Szijjártó szerint. Powered by WPeMatico

It’s all in Orbán’s head. Powered by WPeMatico

Output rose 10% from June. Powered by WPeMatico

IT group posts HUF 1 bn EBITDA, expects further growth. Powered by WPeMatico

World economy is in for a bumpy ride. Powered by WPeMatico

EU tender documents safe and sound. Powered by WPeMatico

Dream big, why not? Powered by WPeMatico

Yields rose 70bp to overtake Poland again. Powered by WPeMatico

KSH confirms 1.7% m/m, 8.7% y/y growth. Powered by WPeMatico

96% support European action to tackle it. Powered by WPeMatico

Long-awaited road connection to be established. Powered by WPeMatico

Development Centre monitors EU tenders. Powered by WPeMatico

Impact of MÁP+ will not be felt until next year. Powered by WPeMatico

Hungary to outperform EU by 2pp, a state secretary said in Hong Kong. Powered by WPeMatico

The German company’s HUF 7 bn packaging plant will create 120 jobs. Powered by WPeMatico

Dealz could buy Polish operations. Powered by WPeMatico

Taking over from Austrian colleague. Powered by WPeMatico

Finance Ministry lists possible ways of assistance Powered by WPeMatico

Hungarians stockpile HUF 362 bn of gov’t securities in July Powered by WPeMatico

Digital economy with 400,000 employees generates 25% of GDP Powered by WPeMatico

While internal price pressure remains significant. Powered by WPeMatico

Total stock of excess liquidity remains at HUF 2,025 bn. Powered by WPeMatico

Outlook on the Budapest Stock Exchange and new top picks. Powered by WPeMatico

Metro signed a lease-back deal with France’s LFPI Group. Powered by WPeMatico

Ratings pave the way for multibillion-forint bond issuance. Powered by WPeMatico

But it’s no big deal in August. Powered by WPeMatico

Varga calls for predictable exchange rate. Powered by WPeMatico

Eurostat, the statistical office of the European Union, has released revised GDP data which show that Hungary remains on top, although Malta and Ireland are…

The EBI Construction Activity Report Q2 2019 has revealed that in recent quarters rather few road and railway projects entered construction phase in Hungary, but…

In July, the volume of industrial output was 1.7% higher than in June and grew by 12% year-on-year, the Central Statistical Office (KSH) said, although…

Even though the previous quarters saw a steady decline in the value of newly started construction works in Hungary, in the second quarter of 2019…

I should be painting a bright and optimistic future, but many things are changing in the world, György Matolcsy, head of the National Bank of…

According to a study published by the European Commission, the so-called ‘VAT Gap’ – or the overall difference between the expected VAT revenue and the…

If there are no families and children, a national community can disappear, and if a nation disappears, “something unreplaceable will be gone from the world,”…

A quarter of Hungarian jobs, 900,000 in total, will be affected by artificial intelligence by mid 2030s, PwC estimates in an analysis published on Thursday….

Venture capital investments in Central and Eastern Europe totalled 1.8 billion euros in 2018, of which EUR 346 million were invested in Hungarian funds, up…

As the public healthcare system is transforming, private health providers play an ever increasing role, Péter Pál Varga, director of the Buda Health Centre, said…

The National Bank of Hungary (MNB) launched its corporate bond programme in July 2019, in scope of which it is buying bonds issued by Hungarian…

State-owned Hungarian Electricity Works (MVM) signed a contract on 4 September raising its credit line with the Bank of China from EUR 250 mn to…

Take-up on the Budapest office market was over 243,000 square metres in the first half of 2019, most of which were new leases and pre-leases….

The office market continues to dominate Hungary’s investment market, according to the latest report by CBRE. Total turnover in the second quarter of 2019 reached…

Growth in housing loans came to a halt in Hungary and the volume of new contracts has shown a year-on-year decrease for the second month…

Retail trade in Hungary continued to grow dynamically in July, following a slight hiccup in May and a recovery in June, according to data released…

According to updated figures, Hungarians subscribed slightly less than 80 billion forints worth of the new retail government security MÁP+, which has taken the count…

The price of Hungarian electricity in the power exchange rose markedly in recent days, with base-load supply reaching EUR 100 per megawatt-hour at times. Retail…

Turnover rose by a double-digit figure year on year on the Budapest Stock Exchange (BSE) in August, with more than half of the combined turnover…

Nearly 100 billion forints have been extended to businesses by members of the Hungarian Leasing Association in scope of the central bank’s (MNB) Funding for…

The stock of corporate loans in Hungary grew by 16% and the stock of loans to small and medium-sized enterprises increased by 13% in the…

Japanese tyre manufacturer Bridgestone has created 100 new jobs at its Tatabánya-based plant in Hungary, as it has completed a 9.2 billion forint (EUR 27.8…

The surplus on external trade in goods was EUR 488 mn in June, revised from the EUR 556 mn forst estimate, the Central Statistical Office…

The refining capacities of PKN Orlen are sufficiently large for the company to expand in Central and Eastern Europe not only in the wholesale but…

A total of 15,618 new passenger cars were registered in Hungary in August, 21% more than a year earlier. In January-August, 105,451 new cars were…

Hungary will receive nearly HUF 2 bn for healthier good for children as the EU school fruit, vegetables and milk scheme will resume for 2019-2020…

There were 11,945 residential property deals made in Hungary in August, according to the latest monthly transaction estimate by real estate group Duna House. This…

Hungarian oil and gas group Mol is planning to squeeze out the small shareholders of Slovnaft, and become the sole owner of its Slovakian subsidiary….

Mandating the use of online registers linked to the tax authority from 1 September 2014 was the first serious step in the fight against the…

Credit rating agency Rating and Investment (R&I) has upgraded Hungary’s issuer rating from BBB to BBB+, citing macroeconomic data. This is one category higher than…

As of Friday, Hungarian households have subscribed HUF 1,795 bn worth of Hungarian Government Security Plus (MÁP+) instruments, colloquially known as superbonds, state secretary Gábor…

A host of key releases are scheduled for this week that may give us a hint as to what we can expect in the third…

Hungary’s insurance sector posted 275 billion forints worth of premium income in the second quarter of 2019, 9.6% more than in Q2 last year. The…

The Budapest-based factory of automotive supplier Continental is to be expanded significantly, the company’s managing director announced at the plant’s 30-year anniversary celebration on… Powered…

Migros, Switzerland’s largest supermarket chain, has implemented TE-FOOD’s blockchain based traceability system for its fresh fruits & vegetables supply chains, the company announced on… Powered…

State-owned MVM Zrt. has become the sole owner of Hungary’s national utility company NKM Nemzeti Közművek Zrt. As the only shareholder in MVM, the Hungarian…

The Hungarian economy grew by 5.2% year on year in the second quarter of 2019, according to data adjusted seasonally and by working days, the…

The National Bank of Hungary (MNB) launched its corporate bond programme in July 2019, in scope of which it is buying bonds issued by Hungarian…

Several waves of weakening this afternoon led to the Hungarian forint hitting a historic low at nearly 332 to the euro. Meanwhile, the forint also…

The Government Debt Management Agency (ÁKK) sold a combined HUF 40 billion of bonds at auction on Thursday, cutting its original offer by HUF 15…

The after-tax profit of MKB Bank dropped 55% year-on-year to HUF 8.2 billion in the first half, the bank’s first earnings report released early Thursday…

Vehicle manufacturer Rába has posted disappointing Q2 results as profit declined and was well below analysts’ expectations. Only revenue increased year on year. Disappointment but…

The volume of investments continued to increase in the second quarter and were 19% higher than a year earlier, the Central Statistical Office (KSH) said…

Real estate group Duna House closed a strong second quarter as it managed to increase its franchise and financial intermediation revenues, the company said in…

The U.S. State Department on Tuesday cleared over USD 4.2 billion in potential weapon sales for Japan, South Korea, Hungary, Lithuania and Denmark, Defense News…

Between May and July 2019, 4,518,000 people were working in Hungary according to the Central Statistical Office (KSH), 34,000 more than in the same period…

Waberer’s Nyrt’s fully owned subsidiary, Waberer’s Szemerey Logisztika Kft. won a contract to provide a range of logistics services for Audi Hungária Zrt. in Győr,…

As of Wednesday, Hungarian oil and gas group Mol has raised the wholesale price of 95-octane petrol by HUF 3 per litre and that of…

The occupational safety directorate of the Finance Ministry fined 224 employers for a combined HUF 100.6 mn in the first half for safety violations. The…

The Monetary Council of the National Bank of Hungary (MNB) highlighted decreasing inflationary pressure in its statement on Tuesday after it left interest rates unchanged…

As expected, the Monetary Council of the National Bank of Hungary (MNB) left the base rate unchanged at 0.9% at its rate-setting session on Tuesday….

OTP Bank has put up its Slovakian subsidiary for sale as it plans to exit the country, G7 reported citing Slovakian sources. According to Slovakian…

First-half after-tax profit of building materials company Masterplast rose 21% year-on-year to EUR 2.061 mn as revenue climbed, the earnings report released early Tuesday to…

The employment of Zoltán Busa, as member of the Board of Directors and CEO of CIG Pannónia First Hungarian General Insurance Zrt., has been terminated…

The number of live childbirths was 6.3% lower in June than 12 month earlier, while he number of deaths rose 2.7%, the Central Statistical Office…

Hungary’s state-owned railway company MÁV Zrt. is to renew 50 railway stations by 2023 from its own resources, spending four to five billion forints on…

The latest figures show that the three-day week starting on 21 August put a dent into the subscription of the Hungarian Government Security Plus (MÁP+)….

None of the analysts polled by Portfolio expect the National Bank of Hungary (MNB) to change its base rate further at least until the end…

New oil and gas reserves have been discovered from the TAL block in Kohat, Pakistan, which will produce nearly 2,000 barrels of crude oil daily….

This should be an interesting week as besides a series of important macroeconomic data, we also have the rate decision of the National Bank of…

The GKI economic sentiment index rose in August from its two-year low in July as business expectations improved and consumer confidence rose to a one-year…

The stock of forint-based retail government securities was nearly HUF 8.500 bn at the end of July, the Finance Ministry said. This represents a HUF…