EU

Hungarian Companies at Greece Fair

A total of 44 Hungarian companies are exhibiting at the 75th Thessaloniki International Fair, announced state secretary Zsolt Becsey at the expo's opening on September 12.


Borsod Volán Spends HUF 456 Million

Borsod Volán, a unit of state-owned bus company Volán, is spending HUF 456 million to make improvements at seven bus stations, CEO György Sárkozi said at a press conference on August 5.


Budapest Inaugurates EUR 429 Million Sewage Treatment Plant

Budapest Mayor Gábor Demszky inaugurated on August 2 a new central sewage treatment plant and related facilities, built for EUR 429 million.


Sapa Profiles Expands Production in Hungary

Norwegian-owned Sapa Profiles, the world’s largest producer of light aluminum profiles, laid the cornerstone of a new 8,000 sqm production facility in Szekesfehervar on Tuesday.


GKI: Improving Business And Deteriorating Consumer Expectations

In July, GKI's economic sentiment index (adjusted for seasonal effects) remained unchanged.


Hungary to Join ERM-II in 2 years, says City

Hungary may join the ERM-II exchange rate system in two years' time, London-based analysts of emerging markets said on Monday.


Gem of Lake Balaton – HUF 1.7 billion Priority Project Handed Over

The local government of Balatonfüred has been awarded non-reimbursable EU funding amounting to HUF 1.5 billion.


Palace District in Józsefváros to Be Renovated

The former ‘exclusive magnate quarter’ in the center of Budapest, namely the Palace District in the 8th District known as Józsefváros will be renewed by the summer 2011.


PRESS MONITOR

International news sources report on Hungarian business and finance.


The EC Says Hungarian Balance ”Broadly Stable” But Calls for Further Reforms

In an assessment of Hungary's updated convergence program, the European Commission said Hungary's budget balance was "broadly stable" in 2009.


News Monitoring