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Hungary new car registrations grow substantially in January

February 1, 2012, 1:03 pm
Following 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... 

IMF ties hands of Hungarian cabinet in rescuing BKV - official

February 1, 2012, 11:09 am
While 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... 

Picture of Hungary's foreign trade trend remains blurry (2)

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... 

Hungary manufacturing PMI picks up in January, but remains below 50 pts

February 1, 2012, 9:02 am
Hungary'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... 

Are valuers leaders or followers? (x)

February 1, 2012, 8:30 am
A 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".... 

Bondualle to buy some assets of Hungarian cannery to step up Central European presence

February 1, 2012, 8:08 am
Bonduelle 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... 

Hungary Malév Chairman tries to dissuade fears of collapse

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... 

Road usage fee for Budapest vehicle owners stands no chance of passage - mayor

January 31, 2012, 4:29 pm
There 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... 

Gun-toting man tries to rob uniformed policemen in Hungary - in the police station!

January 31, 2012, 2:48 pm
Stupidity (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... 

Hungary stops, Croatia continues probe of MOL chief Hernádi in graft case

January 31, 2012, 2:09 pm
Hungary’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... 

Hungary lifts 3-m bill auction over healthy demand

January 31, 2012, 12:34 pm
Hungary’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.... 

Hungary picks fourth mobile carrier

January 31, 2012, 11:29 am
Three 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... 

Hungary industrial PPI drops 0.5% m/m, rises 7.5% yr/yr in Dec11

January 31, 2012, 10:33 am
Domestic 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... 

Hungary unemployment picks up to 10.7% in Q4 2011 - stats

January 31, 2012, 9:00 am
The 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... 

EU spilled the beans? EUR 15 bn credit line may be in the making for Hungary

January 30, 2012, 4:28 pm
A 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... 

Hungarian airline Malév seen on the brink of collapse

January 30, 2012, 1:46 pm
Hungary’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... 

MetLife to buy Czech, Hungarian, Romanian operations of Aviva

January 30, 2012, 11:26 am
MetLife, 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... 

EU will not start formal credit talks with Hungary until objected laws are changed - Andor

January 30, 2012, 10:38 am
Ensuring 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... 

Budapest to shore up BKV by new charge on vehicle owners

January 30, 2012, 9:29 am
The 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... 

AAA Auto CEO Denny ups stake in company

January 30, 2012, 8:41 am
AAA 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... 
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Latest news

16:45 | Hungary budget may be at risk due to Malév collapse

16:04 | Hungarian airline Malév gives up, flies no more

15:51 | Ryanair rushes to open Budapest base in void left by Malév mishap

14:57 | Hungary forint firms through the roof - Too much maybe? - Portfolio.hu Fund Manager Survey

13:35 | ILFC to fly back Malév-leased aircraft to Irish base this afternoon - MTI

12:39 | Wizz Air responds to Hungary Malév collapse with 66% capacity boost

12:05 | Travel Service not interested in taking over Hungary's Malév anymore

09:05 | ANALYST VIEW - Erste ups target price, keeps 'Buy' rating for Hungary's Richter

16:43 | Hungarian banks to lose EUR 717 m on FX loan fix scheme - Patai

14:54 | Hungary OTP becomes top pick of local fund managers

14:00 | How further could the forint depreciate? (x)

13:30 | Hungary Richter to report massive profit decline for Q411 - Portfolio.hu Poll (adds consensus for Egis)

12:01 | Hungarian igm unit in EUR 2.9 million capacity boost programme

11:32 | Hungary Socialists overtake far-right Jobbik in popularity contest - poll

09:27 | ANALYST VIEW - Erste ups target price, keeps 'Hold' rating for Hungary's Magyar Telekom

09:12 | Hungary Malév gets state receiver

16:22 | Erste sees no bigger hit by Hungary FX loan scheme than expected

15:41 | EU blocks proposed merger between Deutsche Börse and NYSE Euronext - Door opens for Xetra in Budapest?

14:30 | Hungary prepares for possible stop of Malév flights

14:06 | IMF does not propose Hungary to eliminate transport subsidies - Ivaschenko

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