International news sources report on Hungarian business and culture.

Proactive investor
Ascent Resources successfully completes PEN-101 sidetrack well
“Ascent Resources PLC (AIM: AST) announced the successful completion of the PEN-101 sidetrack well, part of the Penészlek project in the Nyírség exploration permits of eastern Hungary,  through its subsidiary PetroHungaria kft.”

Hungarian Industrial Output Rises for Third Month
“Hungary’s industrial output rose in March from a year earlier, the third consecutive month with an annual gain, as a pickup in exports signals a recovery from the worst recession since 1991.”

Cannes Finalizes Lineup; Xiaoshuaï, Mundruczó Join Competition
“The Cannes Film Festival has announced the remaining films set for the Croisette this year, including two additional titles for competition. Taking the Competition to a total of 18 titles, Hungarian director Kornél Mondruczó’s Tender Son: The Frankenstein Project and Wang Xiaoshuai’s Chongqing Blues have both been added.”

News Monitoring