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Magyar Telekom, Hungary’s leading telecoms group, has won the award for Best Corporate Governance in Hungary, as part of the 2010 Corporate Governance Awards organized by the World Finance magazine.... 

(Adds comment by Concorde Securities) Hungary posted a EUR 290.4 million trade surplus in January, the Central Statistics Office (KSH) has reported on Thursday. Both exports and imports grew in annual... 

(Adds comment by HSBC on page2) Hungary's consumer prices rose by 5.7% year on year in February, undershooting the 6.0% consensus estimate of analysts in a Portfolio.hu poll and coming down from 6.4%... 

Hungary's consumer prices rose by 5.7% year on year in February, undershooting the 6.0% consensus estimate of analysts in a Portfolio.hu poll and coming down from 6.4% in January. Hungary’s consumer... 

Hungary posted a EUR 290.4 million trade surplus in January, the Central Statistics Office (KSH) has reported on Thursday. Both exports and imports grew in annual terms. In 2009, Hungary booked a massive... 

Real estate developer Orco Property Group S.A. and its subsidiary Vinohrady S.A.R.L. have announced that the Paris Commercial Court decided to extend the observation period for the Procedure de Sauvegarde... 

German utility giant E.ON has on Wednesday published worse-than-expected earnings figures for the fourth quarter of 2009. Management have revised its guidance for 2010 downward. E.ON’s adjusted... 

Fitch Ratings says in a newly-published report that Hungary's banking sector is likely to demonstrate a slow recovery after enduring a severe stress test in 2009. While the sector’s asset quality... 

Second estimate of Q4 GDP confirmed that the Hungarian economy contracted by 4.1% year on year (sa) vs. -7.1% in Q3. In quarterly terms, GDP contracted by -0.4% vs. -1.2% in the previous three-month period.... 

Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects... 

Hungarian oil and gas group MOL has made a “promising" discovery in the Akri-Bijeel oil block in the Kurdistan region of northern Iraq. Results are under evaluation and drilling is taking place to... 

Marriott International has announced plans to double its hotel portfolio in Europe by 2015, as part of a global reorganisation aimed at accelerating worldwide growth. Marriott has three hotels in Budapest... 

Goldman Sachs has trimmed its (6-month) target price for Hungarian telecoms group Magyar Telekom to HUF 670 from HUF 700, while maintaining its ‘Sell’ rating. Research analysts Alexander Balakhnin... 

UBS has on Wednesday raised its target price for Hungarian fuels group MOL to HUF 21,500 from HUF 20,500 previously, while it maintained its ’Buy’ recommendation on the stock, after MOL announced... 

Hungarian oil and gas group MOL has made a discovery in Akri-Bijeel Block in Kurdistan Region of Iraq. The testing results are promising, it said in a statement. The Bijell-1 well tested during a short... 

Hungarian electricity distributor companies ELMŰ and ÉMÁSZ have selected Nasdaq-listed Telvent Technologies to provide Distribution Management System (DMS) components for an advanced network control system... 

Leni Gas & Oil plc (LGO), has decided to divest its Hungarian assets. As a result of the company's on-going reserves and resource review, the investments in the ZalaGasCo and PetroHungaria ventures are... 

The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher... 

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 of 2009. Corporations have benefited by borrowing... 

The average yield at Hungary’s 3-month discount T-bill auction has dropped further from a 7-year low recorded last Tuesday. The Government Debt Management Agency (ÁKK) has received HUF 95.08 bn worth...