February 1, 2012, 1:03 pmFollowing a decline in December 2011, Hungary’s new passenger car registrations picked up again in January 2012: a total of 4,934 new cars were sold, which corresponds to a 44% year-on-year jump...
February 1, 2012, 11:09 amWhile Hungary’s National Economy Ministry and the management of Budapest are all committed to rescuing the debt-laden Budapest Transport Company (BKV), the International Monetary Fund (IMF), from...
February 1, 2012, 9:26 am(Adds details, charts) Hungary’s final trade figures for November 2011 published by the Central Statistics Office (KSH) on Wednesday show virtually the same picture as the preliminary data. The...
February 1, 2012, 9:02 amHungary's manufacturing purchasing manager index (PMI) rose to 49.8 points in January 2012 from 48.6 in December 2011 (which was revised upward from 48.5), the Hungarian Association of Logistics, Purchasing...
February 1, 2012, 8:30 amA date for your diary. On the afternoon of 16 February 2012, RICS Magyarország in cooperation with Portfolio will hold a half day valuation conference to addres key issues around "Property valuation"....
February 1, 2012, 8:08 amBonduelle plans to acquire some Kelet-Food assets, a Hungarian cannery having a production capacity of 25 to 30,000 tonnes, and which is currently being liquidated. Kelet-Food, located in Nyíregyháza...
January 31, 2012, 5:07 pm“We are flying and I hope we’ll be flying tomorrow too," János Berényi, Chairman of Hungary’s state-owned airline Malév told a press conference on Tuesday. The carrier was taken under...
January 31, 2012, 4:29 pmThere is a zero chance that a HUF 10,000 road usage fee will be slapped on every vehicle owner in the Hungarian capital city, Budapest mayor István Tarlós told a press conference on Tuesday. The mayor...
January 31, 2012, 2:48 pmStupidity (or desperation) knows no bounds, it seems. A young man walked into the police station in Hódmezővásárhely (southeast Hungary) and tried to rob the officers there. He got arrested and is now...
January 31, 2012, 2:09 pmHungary’s Chief Prosecutor’s Office announced on Monday that it ended an investigation of the "MOL-INA affair" because of a lack of evidence. Croatia’s anti-corruption agency USKOK said...
January 31, 2012, 12:34 pmHungary’s Government Debt Management Agency (ÁKK) has received HUF 136.7 billion worth of bids from primary dealers on a HUF 45 bn lot of 3-month discount Treasury bills at an auction on Tuesday....
January 31, 2012, 11:29 amThree Hungarian companies and a consortium comprising three local enterprises have won frequency blocks in a tender invited by the National Media and Infocommunications Authority (NMHH) for the country’s...
January 31, 2012, 10:33 amDomestic sales prices of Hungary’s industry decreased by 0.3% month on month and grew by 7.4% year on year in December 2011, the Central Statistics Office (KSH) has reported on Tuesday. Export sales...
January 31, 2012, 9:00 amThe number of employed people in Hungary was 3.851 million in the October-December period of 2011, some 46,000 more than in the base period. The rate of unemployment, however, picked up to 10.7% in Q4...
January 30, 2012, 4:28 pmA presentation created by the European Commission and shown to investors last Wednesday indicates that Brussels may grant Hungary 5 billion euros in scope of a precautionary Balance of Payments assistance...
January 30, 2012, 1:46 pmHungary’s state-owned airline Malév can run out of money in a matter of days, local news portal Index.hu learned from several sources. If the state respects the early January decision by the European...
January 30, 2012, 11:26 amMetLife, Inc. a leading global insurer, has agreed on Monday to acquire from Aviva plc its life insurance businesses in the Czech Republic (Aviva Czech Life) and Hungary (Aviva Hungary Life), and its life...
January 30, 2012, 10:38 amEnsuring the independence of the central bank (NBH) and guaranteeing the normal functioning of the judiciary are preconditions for the start of formal talks with the IMF and the EU on financial assistance...
January 30, 2012, 9:29 amThe Hungarian government is to discuss a proposal on Wednesday by Budapest mayor István Tarlós that would slap a monthly road usage fee on every vehicle owner in the capital city. The revenues to be collected...
January 30, 2012, 8:41 amAAA Auto has announced that its chief executive officer, Anthony James Denny, purchased further stakes in his company on 27 January 2012, the company has announced on the website of the Budapest Stock...