Tag: hungarian_quotes

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How will the sale of T-Systems change Hungary's Magyar Telekom?

July 9, 2019, 5:07 pm
In view of the how T-Systems fared over the last few years, the sale of its subsidiary to 4iG could reduce its sales revenue by nearly one sixth, whereas its profit is not seen changing meaningfully. ... 

How large will Hungary's new IT giant be?

July 9, 2019, 3:40 pm
By taking over T-Systems, Hungary’s 4iG is becoming a big shot on the country’s IT market. Annual turnover of the new company is likely to be close to 150 billion forints in the short term.... 

Hungary 4iG is buying T-Systems

July 9, 2019, 12:22 pm
Rumours proved to be truet, 4iG is buying one of the Hungarian IT market’s largest player, T-Systems that is a market leader in several segments. Magyar Telekom’s subsidiary is immense compared... 

Hungarian fund managers have new top pick

July 5, 2019, 10:20 am
Leaving its all-time high behind, the general index of the Budapest Stock Exchange (BSE) dropped sharply in May. Although it made several attempts to make up for the loss in June, these pursuits fizzled... 

Duna House signs EUR 7.4 million loan agreement with Raiffeisen

July 4, 2019, 8:49 am
Duna House Holding Plc. has signed a nearly HUF 2.4 billion (EUR 7.43 mn) loan agreement with Raiffeisen Bank Zrt., which will be partly used to finance acquisitions, the real estate agency holding announced... 

Updated rankings of Hungarian brokerages show change on top

July 2, 2019, 9:38 am
Turnover declined by a double-digit figure month on month on the Budapest Stock Exchange (BSE) in June. More than half of the combined turnover was generated by OTP. Other than blue chips, only 4iG managed... 

Budapest Stock Exchange introduces itself in Shanghai

June 18, 2019, 4:53 pm
The first Hungary Investor Day was held last week in Shanghai, under a co-operation between the capital markets of Hungary and China. Richárd Végh, the Chief Executive Officer of the Budapest Stock Exchange... 

OTP chief Csányi exercises stock option

June 18, 2019, 11:16 am
Sándor Csányi, Chairman-CEO of Hungary’s OTP Bank has excercised a stock option under the bank’s preferential share purchase programme on Monday, OTP announced on Tuesday. Csányi exercised... 

Opus shareholding in 4iG drops to under 10%

June 17, 2019, 10:52 am
Opus has announced on Monday that its voting rights in 4iG declined to 9.95% from 13.79%, previously. As a result of the termination of securities lending contracts by Opus on 14 June 2019, the shareholding... 

Hungary's OTP said to be one of the bidders for Slovenian bank

June 14, 2019, 11:32 am
OTP Bank, Hungary’s largest lender, and investment fund Apollo have made bids for Slovenia’s Abanka, Slovenian daily newspaper Delo reported on Friday. Investment fund Apollo and OTP Bank... 

Hungary Mol to pay HUF 142.44 dividend per share

June 4, 2019, 8:37 am
Hungarian oil and gas group Mol will pay HUF 142.44 dividend per share on its 2018 results, the company announced on Tuesday. This corresponds to 4.3% of the share price at Monday's closing price. Mol's... 

Here's the latest ranking of Hungarian brokerages

June 3, 2019, 2:03 pm
There was a correction on stock exchange around the world in May, and the Budapest Stock Exchange (BSE) was no exception, and the share price of all four blue chips there fell. Turnover picked up, at least... 

What kind of bank could Hungary's OTP buy next?

May 31, 2019, 4:37 pm
The privatisation of Komercijalna Banka, one of Serbia’s largest banks, is about to begin, and OTP was rumoured as one of the potential bidders. Let’s take a look at what we should know about... 

One of Serbia's largest banks goes up for sale - Will Hungary's OTP make a bid?

May 31, 2019, 1:48 pm
The Serbian government has put up for sale a 83.23% stake in the country’s second-largest bank, Komercijalna Banka, the official privatisation announcement published in daily newspaper Politika showed... 

Trading in MKB shares expected to start in mid-June

May 30, 2019, 10:01 am
Hungary’s MKB Bank has published the documentation for its stock exchange listing on the website of the Budapest Stock Exchange (BSE) on Thursday. The 132-page document reveals that MKB’s... 

Hungary MKB shares listed on the Budapest Stock Exchange

May 30, 2019, 8:30 am
The General Meeting of Hungary’s MKB Bank decided in mid-January that the bank’s shares will be floated on the Budapest Stock Exchange (BSE), and the bourse announced the listing as of 30 May... 

Good news for Richter, share price jumps

May 28, 2019, 2:29 pm
Gedeon Richter, Hungary’s leading drugs maker, and U.S.-based Allergan plc have announced on Tuesday that the U.S. Food and Drug Administration (FDA) has approved a supplemental New Drug Application... 

Hungary's Cyberg prepares "significant" international expansion

May 24, 2019, 9:23 am
Hungary’s Cyberg Corp. has announced it is preparing for a significant expansion beyond Hungary and is moving forward to enter the international financial markets. The company published its 3F (Food... 

Hungary's Richter inks exclusive license deal for Australia, New Zealand

May 24, 2019, 8:06 am
Gedeon Richter, Hungary’s leading drugs producer, has signed an exclusive license agreement with Seqirus Pty Ltd to commercialise cariprazine in Australia and New Zealand. Richter to supply cariprazine... 

Hungarian fund managers divided over Mol

May 13, 2019, 3:37 pm
Benchmark stock indices rose on both sides of the Atlantic Ocean. The general index of the Budapest Stock Exchange (BSE) reached a new all-time high amidst the buoyant sentiment, although its momentum... 
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