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Tammy Nagy-Stellini
Managing Director, Hays Hungary
Hays Hungary launches 2013 Salary Guide and Market Overview
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ECONOMY
Construction output up 9.9% in March
Output of Hungary's construction sector rose 9.9% year-on-year in March, helped by a low base and road and railway construction, the Central Statistics Office (KSH) said on Thursday.
ECONOMY
Hungary farm gate prices climb 14.6% in March
Farm gate prices in Hungary rose 14.6% year-on-year in March, slowing from a 17.0% increase in the previous month, the Central Statistics Office (KSH) said on Thursday.
BUSINESS
Consequit sees revenue reaching as high as HUF 2.2 bln in first full year
Consequit, a financial consultancy and insurance broker established six months ago after its chairman split with Brókernet, targets revenue of HUF 1.8 billion-2.2 billion this year.
BUSINESS
KBC books €19 mln loss in Hungary in Q1
The Hungarian business of Belgian's KBC had a first-quarter loss of €19 million as it booked the full-year amount it must pay on the bank levy, €54 million, in the period, KBC's earnings report published Thursday shows.
ECONOMY
Hungary economic growth set to accelerate in second half
Hungary's economy is expected to grow at a sluggish pace in the first half of this year, but the tempo is set to pick up in the second half, perhaps lifting full-year GDP growth over 1%, National Economy Minister Mihály Varga said on public television.
BUSINESS
State mobile payment system to launch on time despite annulled credit call
Hungary's National Mobile Payment System will be launched as planned, on September 30, in spite of a recent decision by the Public Procurement Arbitration Board (KDB) annulling an invitation by Nemzeti Mobilfizetési.
ECONOMY
57,000 names inscribed on non-delinquent taxpayers list
About 15,000 companies and private individuals have added their names to a list of non-delinquent taxpayers compiled by the National Tax and Customs Authority (NAV) so far this year.
BUSINESS
PannErgy Q1 loss triples on financial losses, indirect costs
Geothermal energy company PannErgy's first-quarter net loss widened to HUF 299 million from HUF 99 million in the same period a year earlier on bigger financial losses and indirect costs, the company's consolidated IFRS report published Wednesday shows.
BUSINESS
Pápai Hús offers to pay suppliers at discount, over time
Troubled meat company Pápai Hús 1913 is offering to pay suppliers 70% of its liabilities, in several installments until the end of 2014.
BUSINESS
Masterplast operating loss grows as margins narrow
Hungarian building materials maker Masterplast's first-quarter operating loss grew as margins narrowed, but its after-tax loss was lower because of a smaller financial loss, the company's consolidated IFRS report shows.
BUDAPEST
Cooperation between Serbian and Hungarian police to improve
State Secretary at the Serbian Interior Ministry Vladimir Bozovic voiced confidence in Budapest that the cooperation between the Serbian and Hungarian police forces will improve even further.
ECONOMY
Hungary Q1 GDP growth shows "sound structure", MNB governor says
Hungary's economic growth in the first quarter shows "sound structure", National Bank of Hungary governor György Matolcsy said on Thursday.
BUSINESS
CIG Pannónia losses narrow as investments pay off
Hungarian life insurance company CIG Pannónia on Thursday said its first-quarter loss narrowed to HUF 338 million from HUF 1.2 billion in the same period a year earlier as revenue from investments jumped.
BUSINESS
Hungarian ethanol maker complained to Commission about Platts
Pannónia Ethanol, a Hungarian producer of ethanol fuel, lodged a complaint with the European Commission last year after price reporting agency Platts denied it the opportunity to contribute to setting prices.
ECONOMY
MNB easing cycle could continue on stable inflation outlook
The National Bank of Hungary's Monetary Council said members could consider a further reduction in rates if the outlook for inflation is inline with the central bank's mid-term 3% "price stability" target and financial market sentiment is unchanged.
BUSINESS
Slovenia more dependent on imported energy
Slovenia’s dependence on imported energy increased by 3 percentage points to 51% last year, local media reported citing figures released by the Statistics Office.
ECONOMY
Polish gov’t approves new housing subsidies for young people
Poland’s government approved the ‘Mieszkanie dla Młodych’ (“Apartments for the Youth”) subsidies program, the Warsaw Business Journal reported.
BUSINESS
Azerbaijan pumps less oil, natural-gas in first four months
Azerbaijan produced 14.3 million metric tons of oil in January through April, a decline of 3.4% from a year earlier.
ECONOMY
Czech current account reveals surprise deficit
The Czech Republic’s current account showed an unexpected deficit for March, owing to deficits on the income balance and the balance of current transfers.
BUSINESS
KELER shareholders decide to put 2012 profit into reserves
Shareholders of clearing house and depository KELER decided at an annual general meeting on Wednesday to place the company's 2012 after-tax profit of HUF 2.0 billion into profit reserves.
18:35Construction output up 9.9% in March
17:35Hungary farm gate prices climb 14.6% in March
16:35Consequit sees revenue reaching as high as HUF 2.2 bln in first full year
16:20KBC books €19 mln loss in Hungary in Q1
15:35Hungary economic growth set to accelerate in second half
15:20State mobile payment system to launch on time despite annulled credit call
14:3557,000 names inscribed on non-delinquent taxpayers list
14:20PannErgy Q1 loss triples on financial losses, indirect costs
13:35Pápai Hús offers to pay suppliers at discount, over time
18779.57
MOL16,7001500.91%Open:16,480.00 High: 16,730.00 Low: 16,480.00
Prev. close: 16,550.00 Volume: 43,070
OTP4,900-33-0.67%Open:4,933.00 High: 4,933.00 Low: 4,900.00
Prev. close: 4,933.00 Volume: 524,873- RICHTER34,110-380-1.10%
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Prev. close: 358.00 Volume: 3,637,162
998.06
- CIGPANNONIA225-9-3.85%
Open:228.00 High: 230.00 Low: 225.00
Prev. close: 234.00 Volume: 99,027 - ELMU12,8503502.80%
Open:12,700.00 High: 12,850.00 Low: 12,695.00
Prev. close: 12,500.00 Volume: 22 - EMASZ10,4504504.50%
Open:10,385.00 High: 10,450.00 Low: 10,040.00
Prev. close: 10,000.00 Volume: 172 - KEG30-2-6.25%
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Prev. close: 32.00 Volume: 19,140
EUR/HUF
290.7750
-0.2470 (-0.0849%)
Low: 289.8300 High: 291.3625
CHF/HUF
233.4000
-0.1950 (-0.0835%)
Low: 232.5425 High: 234.0250
USD/HUF
225.6725
-0.8828 (-0.3897%)
Low: 225.2252 High: 227.0750
JPY/HUF
2.2072
-0.2700 (-0.6884%)
Low: 38.9250 High: 39.3000
EUR/CZK
26.1630
0.1452 (0.5581%)
Low: 26.0160 High: 26.1934
EUR/PLN
4.1851
0.0111 (0.2647%)
Low: 4.1677 High: 4.1897
Source: portfoliofinancial.hu Data is delayed by at least 15 minutes
