Global business

Synergon’s Operating H1 Profit Was HUF 97 Million

The Synergon Group reached  sales revenue of HUF 8,139 million in H1 2010. The 6 pct deficit of Q1 was decreased during Q2.

Magyar Telekom: Strong Cash Flow Despite Continued Top Line Pressure

Revenues were down by 7.1 pct to HUF 297.8 billion in the first six months of 2010 compared with the same period in 2009.


International news sources report on Hungarian business and economy.

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.

Hajdu Completes HUF 780 Million Water Boiler Production Investment

Hungarian-owned Hajdu Hajdusagi Ipari has completed a HUF 780 million investment to expand and improve water boiler production capacity at its plant in Teglas, CEO Anna Novotni-Dede said at a press conference on July 23.

Teva Inaugurates HUF 20 Billion Drug Packaging Plant in Hungary

Israeli generic drug maker Teva inaugurated a HUF 20 billion drug packaging plant.


International news sources report on the Hungarian economy and business environment.

Renewing Shop Windows in Budapest's Downtown

The Tourism Office of Budapest, Studio Metropolitana together with the Association of Decorateurs, have announced a brainstorm-tender for artists and cultural groups, entitled "Shop windows of Budapest".

Zwack Pays More Than Two Billion in Dividends

Zwack Unicum Nyrt announced on July 13, that the AGM had approved the proposal of the Board of Directors on the allocation of profits.

Subsidiary of Siemens Purchased by Hungarian Enterprise

Siemens Enterprise Communication (SEC) has been purchased by the Hungarian Young BTS Kft.

News Monitoring