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February 12, 2010
News Quote: "Telenor unit Pannon GSM, Hungary's second-biggest mobile telephone service provider, plans to lay off 250 people, including 200 employees and 50 contracted workers, the company told MTI on Friday." - Hungary2:03 AM
News Quote: "Hungarian chemical company BorsodChem will need only 140 million in fresh financial resources to complete necessary investments, compared to the previously expected 180 million, company President-CEO Wolfgang Buchele told MTI on Thursday." - Hungary11:16 AM
February 10, 2010
News Quote: "Russian-government proposals regarding resolution of the capital situation of Hungarian national airline Malév infringe both European Union and Hungarian law, Hungary's Finance Ministry told MTI on Wednesday." - Hungary11:00 AM
February 09, 2010
News Quote: "New articles of incorporation of state-owned railway company MÁV, in force from the end of January, give more power to the minister of transport to exercise ownership rights, the transport ministry told MTI on Tuesday." - Hungary5:35 AM
February 08, 2010
News Quote: "Majority Hungarian-owned biotechnology company Solvo's sales jumped 60% to more than 3 million in 2009, CEO Erno Duda told MTI, citing preliminary data." - Hungary3:59 AM
News Quote: "Hungarian IT company NEXON increased profit to HUF 290 million (106 million) from HUF 259 million in 2009, generating a HUF 26 million rise in turnover to HUF 282 billion last year, the company informed MTI." - Hungary2:34 AM
News Quote: "A campaign by Toyota to recall its cars because of accelerator pedal problems could affect a total of 22,000 cars in Hungary, Toyota Motor Hungary communication director Ferenc Som told MTI on Monday." - Hungary12:11 AM
February 05, 2010
News Quote: "Budapest Ferihegy international airport operator Budapest Airport (BA) expects passenger traffic at the airport to increase in 2010, reaching or even exceeding its 2008 figure of 84 million, after falling to 81 million in 2009, BA communications director Mihály Hardy told MTI." - Hungary5:03 AM
News Quote: "Budapest, February 4 (MTI) - Hungary and the United States have signed an agreement designed to avoid double taxation, the Finance Ministry told MTI on Thursday." - Hungary8:37 AM
February 04, 2010
News Quote: "Four companies have expressed an interest in the course of preliminary negotiations to submit bids in a tender to double the capacity of Hungary's Paks nuclear power plant, the head of the plant's technical and licensing department András Cserháti told MTI." - Hungary1:03 AM
News Quote: "Hungary will employ a staff of 700 to work under the Hungarian EU presidency in the first half of 2011, mainly civil servants already dealing with EU affairs, the Foreign Ministry told MTI." - Hungary10:08 AM
News Quote: "Members of a delegation from the International Monetary Fund and the European Commission arrived in Budapest for a review of a financial market support package the country was granted in the autumn of 2008, after its bond market locked up, the Finance Ministry confirmed for MTI." - Hungary9:03 AM
February 03, 2010
News Quote: "Ecostat's TOP 100 measure of confidence at Hungary's hundred biggest companies rose more than 3%age points to 718% in January from 686% in December, while the SME index climbed 7%age points to 678% after falling in December, Ecostat told MTI." - Hungary2:58 AM
February 01, 2010
News Quote: "The owners of Hungarian chemicals company BorsodChem are ready to inject as much capital into the company as they must to ensure its continued operation and put it back on the growth path, BorsodChem chairman-CEO Wolfgang Buchele told MTI." - Hungary4:02 AM
News Quote: ""Police detained six people in Hangács, Borsod county on Saturday after a 40-year-old man and a 31-year-old man were killed in a fracas earlier in the day, county police spokeswoman Éva Novodonszki Egyed told MTI." - Hungary4:00 AM
January 29, 2010
News Quote: "Sweden's Hennes and Mauritz (H&M), Europe's second-biggest clothing retailer, had gross revenue of 306 million Swedish crowns in Hungary in its business year ended November 30, up from 304 million Swedish crowns in the previous business year, the company told MTI on Thursday." - Hungary8:59 AM
January 28, 2010
News Quote: "A further six savings cooperatives with 65 branches are on February 1 to join the TakarékPont network, which is expected to expand from the current 320 branches to more than 400 by the end of this year, the Hungarian Savings Cooperatives Bank (TakarékBank) told MTI on Thursday." - Hungary4:40 AM
News Quote: "The Acceleration Indicator (GYIA), a measure of ten different economic and financial indicators compiled by research institute Ecostat and business daily Világgazdaság, rose by 014% in January, increasing for a fourth consecutive month and at a similar pace to the previous month, Ecostat told MTI on Thursday." - Hungary2:36 AM
News Quote: "The number of insolvency procedures exceeded 14,600 in 2009, up 29% from the previous year, while the number of winding-up procedures rose more than 53%, Creditreform Kft told MTI." - Hungary12:31 AM
News Quote: "General budget reserves can cover the fall in revenue because of the annulment of the property tax on homes, Finance Minister Péter Oszkó told MTI on Wednesday." - Hungary8:06 AM
January 27, 2010
News Quote: "The Hungarian National Vacation Foundation (MNÜA) issued vacation vouchers worth close to HUF 50 billion in 2009 compared to HUF 41 billion in 2008, the foundation told MTI on Wednesday." - Hungary5:30 AM
News Quote: "Construction and cleaning company Jánosik és Társai's revenue rose more than 20% to HUF 517 billion in 2009, in spite of the contracting building sector, owner Lajos Jánosik told MTI." - Hungary11:18 AM
January 28, 2010
News Quote: ""Revenues to be lost by the Constitutional Court revoking the tax on residential property can be compensated from general budget reserves, Hungarys Finance Minister Péter Oszkó told local newswire MTI on Wednesday." - Hungary5:00 AM
News Quote: "Budapest, January 27 (MTI) - Political analysts polled on Wednesday told MTI that the constitutional court's decision to scrap a part of the new property tax hurt the ruling Socialist Party, but could also have some negative implications for the rival opposition Fidesz." - Hungary7:03 AM
News Quote: "Budapest, January 27 (MTI) - Hungary's Prime Minister Gordon Bajnai met deputy prime minister of Israel Avigdor Lieberman in his office on Wednesday, the government's office told MTI in a statement." - Hungary7:01 AM
January 26, 2010
News Quote: "Budapest, January 25 (MTI) - Hungary, together with Spain and Belgium, have worked out priorities in the area of environmental protection during the three countries' trio presidency of the European Union in 2011-2012, state secretary at the environment ministry Istvan Kling told MTI on Monday." - Hungary6:49 AM
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