International news sources report on Hungarian business and economics.
Portfolio.hu
Sony Music Entertainment Hungary Buys Majority Stake in ShowTime Group
Sony Music Entertainment Hungary announced on Monday that it has acquired a majority stake in ShowTime Group, a leading company in Hungary that specializes in the organization and promotion of live concerts and tour exhibitions
www.portfolio.hu/en/cikkek.tdp
Portfolio.hu
Mobius Positive about Hungary’s Long-term Prospects
In light of expected continued cooperation between the government and the International Monetary Fund, Hungary’s long-term outlook is positive according to Mark Mobius, Templeton Asset Management’s emerging markets guru. Signs of slow recovery are evident as the government has committed to meeting deficit targets, Mobius argued in a blog post. Hungarian markets significantly outperformed the region last year. However, as a result of the recent government PR fiasco, prices have now become attractive, he said.
www.portfolio.hu/en/cikkek.tdp
