Portfolio.hu/en BSE Quotes Forum REsource Events
 

Hungary real wages grow markedly in January

Ex-bonus wages in Hungary’s private sector grew by 4.7% year on year in January 2010, correcting back from a record low recorded in December... 

Hungary construction sector still faint, but may be on the mend

Hungary's construction industry output contracted by 13.5% year on year in January, according to both unadjusted and working day-adjusted figures... 

EUR interest rates on the rise - What options do we have?

For over a year, the European Central Bank (ECB) has kept rates low in an effort to stimulate the economy and curb the effects of the financial crisis... 

Read between the lines of Hungary's election promises - A civilian "lie detector"

Hungarian economists have launched an independent civilian initiative to see what the sometimes cloudy, boisterous, humbug or downright ridiculous promises... 

PwC Alert - Hungary amends Labour Code

On 1 February 2010, certain amendments to the Labour Code came into force, while other amendments will take effect from 1 May 2010. In its latest Tax &... 
Equity

Croatia's INA to decide on convertible bond issue in March

Croatian oil group INA, in which Hungary’s MOL holds a 47% stake, is still discussing a possible... 

Hungary econet.hu posts negative EBITDA even in Q4 2009

Hungary’s econet.hu posted HUF 2.1 billion revenues in 2009, but it incurred a HUF 630 million... 

Surgut has no intention to sell stake in Hungary's MOL - CEO

Russia’s state-owned Surgutneftegaz has no intention to sell its 21% stake in Hungarian fuels group... 

Hungary Magyar Telekom to provide gas and electricity services (3)

(Adds more info from meeting with journalists, Portfolio.hu viewpoint) Management of Hungarian telecoms... 

Magyar Telekom wins Best Corporate Governance Award in Hungary

Magyar Telekom, Hungary’s leading telecoms group, has won the award for Best Corporate Governance... 

Orco Safeguard Procedure extended by three months

Real estate developer Orco Property Group S.A. and its subsidiary Vinohrady S.A.R.L. have announced that... 

E.On cuts EBITguidance for 2010

German utility giant E.ON has on Wednesday published worse-than-expected earnings figures for the fourth... 

Analysts on "promising" discovery of Hungary's MOL in Iraq

Hungarian oil and gas group MOL has made a “promising" discovery in the Akri-Bijeel oil block in... 

ANALYST VIEW - Goldman Sachs cuts TP, keeps 'Sell' rating for Hungary's Magyar Telekom

Goldman Sachs has trimmed its (6-month) target price for Hungarian telecoms group Magyar Telekom to HUF... 

ANALYST VIEW - UBS ups target price for Hungary's MOL over Iraqi discovery

UBS has on Wednesday raised its target price for Hungarian fuels group MOL to HUF 21,500 from HUF 20,500... 

Hungary MOL makes discovery in Akri-Bijeel block in Kurdistan

Hungarian oil and gas group MOL has made a discovery in Akri-Bijeel Block in Kurdistan Region of Iraq.... 

Hungarian power distributors ÉMÁSZ, ELMŰ select Telvent Technology

Hungarian electricity distributor companies ELMŰ and ÉMÁSZ have selected Nasdaq-listed Telvent Technologies... 
Markets (HU)

Hungary Csányi sells EUR 5.5 m worht of OTP shares

Sándor Csányi, Chairman-CEO of Hungary's OTP Bank, sold HUF 1.49 billion (EUR 5.53 m) worth of OTP shares... 

Feeble demand for 3-m Hungarian bills, rate cut expectations cooler

Demand was unusually weak for Hungary's 3-month discount Treasury bills (D100106) at an auction held... 

Hungary forint moored to 270 vs. EUR

Hungary's forint seems to be anchored to 270 versus the euro, while we see mixed signals from global... 

There are risks to Hungary's 2010 budget - FinMin

Hungary’s deficit target set for 2010 is achievable and the Finance Ministry is not considering... 

Hungary c.bank starts primary market purchases of mortgage bonds

Under the mortgage bond purchase programme announced by the Monetary Council of Hungary’s central... 

Hungary budget gap to reach full-year goal by end-April, Fidesz says, MoF denies

Hungary’s budget deficit is expected to reach the full-year target by the end of April, said Mihály... 

Hungary's rate of employment dramatically low compared to EU, OECD and even global peers

Hungary’s rate of employment is the third-smallest in countries with a population of ten million... 

Hungary, Portugal taken to court by EU in VAT cases

The European Commission has decided to refer a case concerning the VAT flat rate scheme for farmers in... 

EU takes action against Hungary, Spain to ensure compliance with public procurement rules

The European Commission has announced on Thursday that Hungary and Spain will receive formal requests... 
News

Oh, the Greek again - Hungary's forint eases some

Hungary’s forint corrected in tandem with its regional peers on Thursday and kicked off Friday’s... 

Hungary c.banker on forint strengthening: rate cuts can go on, analysts concur

Hungary's central bank (NBH) has room to lower its key policy rate further given the country's improved... 

Hungary Pannon rebrands under parent Telenor banner

Press reports about Hungary’s second-largest mobile carrier Pannon taking up the name of its parent... 

Hungary sells HUF 40 bn 12-m bills, yield drops

Hungary’s Government Debt Management Agency (ÁKK) has received HUF 127 billion worth of bids from... 

Hypo Alpe Adria plays down eastern European divestment news as rumour

Hypo Group Alpe Adria (HGAA) has not made a decision to divest its eastern European units and any other... 

Hungary Pannon to take name of parent Telenor

Hungarian mobile carrier Pannon, a unit of Norway’s Telenor will be renamed Telenor, local newswire... 

Hungary forint loses firming momentum - Is it just gathering strength?

The appreciation of Hungary’s forint has come to a halt in early morning trading on Thursday, as... 

Hungarian railway company MÁV short of HUF 63.5 bn funds in 2010 - paper

Hungary’s state-owned railway company MÁV will need extra funds of HUF 63.5 billion (EUR 241.65... 

Budapest traders see “banks buying good ol'forint wholesale" - Way to go?

FX traders in Budapest who have spoken with Portfolio.hu are generally of the opinion that foreign investors... 

Hungarian forint headed towards 260 in relentless surge (3)

The spectacular ascent of the Hungarian forint held out all day long on Wednesday, hitting a 15-month... 

Cenbanker Simor's days are counted, Hungarian weekly claims (2)

Once it forms a government, Fidesz is planning to amend Hungary’s National Bank Act, weekly Figyelő... 

Hungary FinMin Oszkó: “New govt may be justified in reviewing deficit target" (2)

Provided that the new government continues the stringent fiscal policy of the current administration... 

Hungary February rate cut endorsed by 2/3 majority (2)

Two members of Hungary’s Monetary Council were in favour of a 50 bp rate cut while Deputy Governor... 

ANALYST VIEW - Unpredictability of Fidesz-led govt greatest risk for Hungary (Commerzbank)

Hungary’s large external debt and ongoing fiscal consolidation measures have left the country susceptible... 

Unlike V4 peers, Hungary ranked among “also-rans" by Business Europe (2)

With economic performance below average compared with other EU countries, Hungary is the only country... 

Hungary industrial sector entering a growth cycle?

In line with preliminary data, Hungary’s industrial output grew 8.8% m/m in January, the Central... 

Hungarian investment funds report stable capital inflow in February (3)

While Hungarian investment funds did not see a repeat performance of the previous month’s surge... 

Budapest bourse management proposes HUF 255 dividend per share

The management of the Budapest Stock Exchange is going to submit a proposition of HUF 255 dividend per... 

Hungary forint: progress in leaps and bounds

The Hungarian forint continued its overwhelming march ahead overnight, driven by market optimism worldwide.... 

Hungary reveals Q2 bond issue plans

Hungary’s State Debt Management Center (ÁKK) is planning to issue government bonds totaling HUF... 

Hungary cenbank keeps mum on FX swap rumors

The National Bank of Hungary has concluded a new Euro-based FX swap agreement with the European Central... 
Commentary

Analysts on "promising" discovery of Hungary's MOL in Iraq

Hungarian oil and gas group MOL has made a “promising" discovery in the Akri-Bijeel oil block in... 

ANALYST VIEW - Hungary's inflation may lift HUF - BNP Paribas

Hungary’s forint may strengthen against Poland’s zloty as rising inflation in Hungary damps... 

ANALYST VIEW - Erste cuts target price for Hungary's Danubius, keeps rating

Erste Bank has on Wednesday lowered its target price for Hungary’s Danubius to HUF 3,400 from HUF... 

ANALYST VIEW - Raiffeisen ups target price for Hungary's MOL, keeps rating

Raiffeisen has raised its target price for Hungarian fuels group MOL to HUF 18,355 from HUF 18,191 previously... 
 

It is hip to go green


New times and new technology for office building developments. Among the oft-cited real estate market tenets - which, up to now, consisted entirely of... 
 
 

Current Rates
MOL20,280(0.0%) 
MTELEKOM752(0.3%) 
OTP6,880(1.0%) 
RICHTER42,405(0.5%) 
Interware



 
Our partners:
Mobile communications
partner
Internet Webdesign