Once an entrepreneur, always an entrepreneur; even though they might have encountered huge challenges in starting and growing their businesses, the vast majority of entrepreneurs would do it all over again.
Managing Director, Hays Hungary
Hays Hungary launches 2013 Salary Guide and Market Overview
Danubius Hotel and Spa had net losses of HUF 2.83 billion in the first quarter, up from net losses of 1.17 billion a year ago due to financial losses during the period, the company announced in its unaudited first-quarter IAS report.
Net inflows into Polish investment funds amounted to PLN 2.38 billion (€569 million) in April, the Warsaw Business Journal reported citing data published by the Chamber of Fund and Asset Management (IZFiA).
FHB Bank said late Friday it racked up a first-quarter after-tax loss of HUF 1.6 billion because of lending portfolio write-offs, exchange rate changes and higher provisioning.
The National Economy Ministry wants to offer start-ups credit similar to student loans, business daily Napi Gazdaság said on Tuesday.
French group GDF Suez led an attack by eight leading European power companies on EU energy policy on Tuesday, saying it had “failed” and was destroying parts of the sector, AFP reported.
Modlin Airport, opened just outside Warsaw last year to service low cost airlines but shut down for runway repairs last December, is for sale.
Retail food sales in Hungary came to HUF 440 billion between last December and March, up 2% from the same period a year earlier, market research company Nielsen said.
Asset-management company Phylaxia 1912 Holding had after-tax losses of HUF 6.1 million in the first quarter of 2013, compared to after-tax profit of HUF 68.4 million in Q1 of 2012.
Romania’s Agriculture Minister Daniel Constantin said on Monday that authorities are currently working on a bill that would block the development of photovoltaic (PV) parks on arable land, local sites reported.
Slovak Telekom has agreed to buy 100% of Romania-based RCS & RDS’s local TV business Digi Slovakia, digitaltveurope.net reported.
The National Bank of Hungary's easing cycle could bring the base rate to 3.25% by the end of this year from 4.75% at present, emerging market analysts at JP Morgan's office in London said in a fresh forecast.
Hungarian insurers' combined revenue from premiums rose 1.3% to HUF 245.3 billion in the first quarter from the same period a year earlier, the Hungarian Insurers Association (MABISz) told MTI on Tuesday.
FYR Macedonia’s state-owned power utility company ELEM has begun the construction of the country’s first wind farm in an investment worth €55 million.
State-owned Hungarian postal company Magyar Posta has called a tender for the appraisal of its real estate, business daily Világgazdaság said on Tuesday.
Gazprom is squeezing Athens for better terms to buy DEPA, Greece’s sole retail gas distributor, a Greek official said.
Lithuania’s industrial production climbed 6.1% from a year earlier in April, the Vilnius-based Statistics Lithuania reported on Tuesday.
The government signed a strategic partnership agreement with the Hungarian unit of French drugmaker Sanofi on Tuesday.
Bulgarian President, Rosen Plevneliev, is launching consultations on forming the new government with parliamentary represented parties as early as Thursday, May 23.
Nobel Prize winner in Economics, Princeton University Professor Paul Krugman will not participate in the First Riga Economic Forum due to the controversy that his invitation to the forum has caused in Latvia, reported the Baltic Course.
In spite of better-than-expected first-quarter GDP data, research company GKI still expects Hungary's economy to stagnate this year.
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Source: portfoliofinancial.hu Data is delayed by at least 15 minutes