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Latest news

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.

Hungary Posted a Budget Surplus of HUF 36.1 Billion in July

Hungary posted a budget surplus of HUF 36.1 billion in July. The January–July balance shows a HUF 997.5 billion deficit, which is 114.6 pct of the full-year target.

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.

Government to Launch Consultations on New Széchenyi Development Plan

The government is to launch a series of consultations, presenting the outlines of the new Széchenyi plan – the government's new development plan – at a meeting of entrepreneurs.

News Monitoring